- Blue Bear Capital Closes Third Fund, Adding $200 Million to Platform for Machine Intelligence Investments into Energy, Infrastructure, and Climate Industries
- Golub Capital BDC, Inc. Announces a Series of Debt Funding Structure Initiatives Aimed at Reducing Borrowing Costs and Providing Additional Investment Flexibility
- Market Sizing & Impact Study
- Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
- Secured Lending Confidence Index
TSL Express Daily Articles & News
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Today's Top Story
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Huntington Business Credit Closes $70 Million Credit Facility for Express Funeral Funding, LLC
Huntington Business Credit acting as Administrative Agent announced it closed a $70,000,000 new credit facility with Express Funeral Funding, LLC on June 23, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
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Factors: Prepared for Uncertainty Ahead
Factors discuss what surprised them in 2022, California’s disclosure laws, rising interest rates, the move from ABL to factoring and what they expect 2023 will bring.
TSL Express Daily Headlines & News
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Hogan Lovells Continues New York Expansion with Addition of Capital Markets Partner
February 13, 2024Global law firm Hogan Lovells announced today that Rupa Briggs has joined as a capital markets partner in the firm’s Corporate & Finance practice group in the New York office. Rupa joins from Cooley, where she represented issuers and investment banks in capital markets transactions.
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Citizens Accelerates Wealth Management Business with Strategic Leadership Hires and Opening of New Citizens Private Banking Office
February 13, 2024Citizens Financial Group, Inc. (NYSE: CFG) today unveiled a number of changes aimed at accelerating the growth of its Wealth Management and Private Banking business to serve the entire spectrum of wealth clients, from mass affluent to ultra-high net worth and family offices.
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Comvest Partners Announces New Growth Capital Investment in ClearOne Advantage
February 13, 2024Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, is pleased to announce that it has completed a new growth capital investment in ClearOne Advantage, LLC (“ClearOne” or the “Company”), a Baltimore-based debt resolution services provider. Comvest has been a capital provider to ClearOne since 2017.
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FTI Consulting Adds Digital Transformation and Revenue Expert Shubho Ghosh and Three Managing Directors
February 13, 2024FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Shubho Ghosh as a Senior Managing Director and Nishi Anand, Dr. Nancy Greenlee and Nirjhar Ray as Managing Directors in the Digital Transformation offering within the firm’s Corporate Finance & Restructuring segment.
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Silver Creek Capital Hires David Matter as Co-Chief Investment Officer
February 12, 2024Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, announced today that David Matter has joined the Firm as Co-Chief Investment Officer.
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Sallyport Commercial Finance Provides $500,000 for Organic Soap Manufacturer
February 12, 2024Referred to Sallyport by an industry peer during a pivotal acquisition phase, we presented diverse financing options tailored to the business's unique needs. The facility not only enhanced liquidity throughout the acquisition, covering international debtors, but also positioned the company with the necessary working capital for ambitious expansion plans both domestically and globally.
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Republic Business Credit Provides $4 Million Traditional Factoring Facility to Apparel Company
February 12, 2024When a swimwear manufacturer outgrew its lender and sought a larger factoring facility, it partnered with Republic Business Credit. Republic was the ideal partner, providing the company with a larger factoring facility and more customer credit support than its previous factor, ahead of an oversold spring season.
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Greystone Names Debby Jenkins and Mordecai Rosenberg Co-Presidents of Lending Business Platform
February 12, 2024Greystone announced that Debby Jenkins and Mordecai Rosenberg have been appointed Co-Presidents of the firm’s comprehensive lending business platform, effective immediately, and will report directly to Steve Rosenberg, founder and CEO of Greystone.
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NanoString Announces Completion of Financing to Support Restructuring Process
February 12, 2024NanoString Technologies, Inc. (NASDAQ: NSTG), a leading provider of life science tools for discovery and translational research, today announced the Company has entered into a credit agreement with its existing lenders comprised of (a) $12,500,000 in new money term loans which have already been approved for funding pursuant to the February 5 interim order of the U.S. Bankruptcy court approving the credit facility.
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Blue Owl Capital to Partner with Lunate to Invest in Private Market Investment Managers
February 12, 2024Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, and Lunate, a global alternative investment manager headquartered in Abu Dhabi, managing US$105 billion in assets, announced today a joint venture to provide growth capital to leading mid-sized private capital GPs.
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CohnReznick Earns Two Awards at 15th Annual Americas M&A Atlas Awards
February 12, 2024CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been recognized with two awards by Global M&A Network at its 15th annual Americas M&A Atlas Awards. The firm earned awards for U.S.A. Private Equity Deal of the Year | Small Markets and Hospitality & Services Private Equity Deal of the Year. Award winners were announced during the 15th Annual Americas M&A Atlas
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The Private Bank at PlainsCapital Names New Chief Investment Officer
February 12, 2024PlainsCapital Bank recently announced that Andrew Cunningham, CFA®, CMT®, ChFC® has been named Senior Vice President, Chief Investment Officer of The Private Bank at PlainsCapital.
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Trinity Capital Inc. Provides $20 Million Equipment Financing to Formlogic
February 12, 2024Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.
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Boxwood Partners Maintains Momentum, Closes Record Number of Transactions
February 12, 2024Boxwood Partners continued its growth trajectory in 2023 as the premier advisor for middle market clients across the franchising, residential services, commercial and industrial services, health and wellness, and business services sectors. Taking 17 deals across the finish line in 2023, the trusted boutique investment bank projects another banner year for M&A activity in 2024.
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Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials
February 12, 2024The transaction will be financed by cash on hand and committed debt financing of $3 billion provided by Morgan Stanley Senior Funding, Inc. Following the closing, Masonite will operate as a reportable segment and will maintain Masonite’s brands and a presence in Tampa, Florida.
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SFNet Socal Platinum Sponsor Highlight: Armory Securities
February 9, 2024Armory Securities is a leading investment bank and financial advisory firm dedicated solely to the middle market. We provide a full range of services, including traditional debt and equity financing, mergers and acquisitions, general financial and restructuring advisory services.
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Francis C. Meagher Joins Mitsubishi HC Capital Canada as Vice President, Legal Affairs and Senior Counsel, Institutional Transactions & Special Loans
February 8, 2024Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, is pleased to announce that Francis C. Meagher has joined the company as Vice President, Legal Affairs and Senior Counsel, Institutional Transactions & Special Loans.
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Constellation Software Inc. Announces U.S.$1 Billion Private Offering of Senior Notes
February 8, 2024Constellation Software Inc. (TSX: CSU) (the “Company”) announced today that it has priced a private offering of U.S.$500 million aggregate principal amount of 5.158% senior notes due 2029 and U.S.$500 million aggregate principal amount of 5.461% senior notes due 2034 (collectively, the “Notes”).
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FLEETCOR® Upsizes Credit Facility by $600 Million; Establishing 10b5-1 Plan to Repurchase Shares
February 8, 2024Bank of America, N.A. is the Administrative Agent and BOFA Securities, Inc., PNC Capital Markets, LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Bookrunners Fifth Third Bank, National Association, BMO Bank N.A., The Bank of Nova Scotia, and Citizens Bank, N.A., as Co-Documentation Agents Barclays Bank, PLC, Citibank, N.A., and JP Morgan Chase Bank, N.A. as Co-Managing Agents.
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Cineplex Announces Proposal to Amend its Convertible Debentures as Part of a Comprehensive Refinancing Plan
February 8, 2024Cineplex Inc. ("Cineplex"), a leading entertainment and media company, announced today a proposal to amend the terms of its 5.75% convertible unsecured subordinated debentures due September 30, 2025 (the "Convertible Debentures") as part of a comprehensive refinancing plan to improve financial flexibility and strengthen its balance sheet.
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