- TSL Feature Articles
- BHI Provides $38.7 Million in Financing to EPIRE for the Construction of One Jones Park, A 75 Unit Multifamily Development at 387 8th Street in Jersey City
- Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
- Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
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TSL Express Daily Articles & News
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Today's Top Story
Featured
MidCap Financial Closes $325mm Senior Revolving Credit Facility to Revlon
MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $325mm senior revolving credit facility to Revlon Intermediate Holdings IV LLC. (“Revlon” or “Company”) in connection with Revlon’s successful emergence from Chapter 11.
TSL Express Trending Story
Featured
Fighting Misinformation: Don’t believe Everything You Read on the Internet
Borrowers face an uphill battle when conducting an internet search for capital. Lee Haskin of Crossroads Financial discusses the misinformation out there and offers clarifications concerning certain types of finance products.
TSL Express Daily Headlines & News
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Marathon Asset Management Appoints Alex Howell to Lead Marathon’s European Alternative Credit Business
November 20, 2023Marathon Asset Management, L.P. (“Marathon”), a leading global credit investment manager, today announced that Alex Howell has joined the firm as a Senior Managing Director and Head of European Alternative Credit, responsible for leading public investments, corporate capital solutions, special situations and direct lending in Europe.
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A&M Strengthens UK Debt Advisory Team with Further Senior Hires in Manchester
November 20, 2023Leading global professional services firm, Alvarez & Marsal (A&M), today announces a major expansion of its Debt Advisory team in the UK. The firm announces further senior hires, including Jane Hartley, Senior Director, and a Director with an asset based finance background who is set to join in early 2024.
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SFNet New Member Spotlight: FlexCharge
November 20, 2023FlexCharge is highly unique AI-powered platform that partners with merchants and payment providers to instantly review and recover failed customer transactions at no risk to the merchant and at no cost to the customer. The platform can cure 30-40% of declines driving up merchant sales by 5-15%.
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Blue Bird Announces Refinancing of Term Loan and Revolving Credit Facility
November 20, 2023Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, today announced that on November 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of financial institutions as lenders, led by BMO Capital Markets with Joint Lead Arranger partners, including Bank of America.
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SSG Advises Soft Surroundings in the Sale of Substantially all of its Assets to Coldwater Creek and Gordon Brothers
November 20, 2023SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Soft Surroundings Holdings, LLC (“Soft Surroundings” or the “Company”), in the sale of substantially all of its assets to an affiliate of Coldwater Creek and an affiliate of Gordon Brothers Group (“Gordon Brothers”).
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Summit Midstream Partners, LP Announces Opportunistic Refinancing of its 2025 Unsecured Notes and Amendment to ABL Facility
November 20, 2023RBC Capital Markets, LLC acted as the lead financial advisor, and Baker Botts L.L.P. acted as counsel, to Summit in connection with the Transactions.
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First Citizens Bank Provides Credit Facility to a Behavioral Healthcare Services Company
November 20, 2023First Citizens Bank today announced that its Asset-Based Lending business provided a credit facility to The Stepping Stones Group to accommodate the business’ seasonal working capital needs during the school year. The Stepping Stones Group, a portfolio company of Leonard Green and Partners, is a provider of therapeutic, behavioral and autism services to children with developmental delays in school, home and center-based settings.
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The Consulting Report Names Clark Pakstys a Top 25 Private Equity Consultant and Leader of 2023
November 20, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kim Clark Pakstys, Managing Director, CFO Advisory, has been named one of The Consulting Report’s Top 25 Private Equity Consultants and Leaders of 2023.
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Hogan Lovells Welcomes More than 30 Partners and Senior Counsel From Stroock
November 20, 2023Global law firm Hogan Lovells welcomed 28 partners and four senior counsel from Stroock & Stroock & Lavan, who have joined the firm in New York, Washington, D.C., Miami, and Los Angeles.
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First Financial Northwest Bank Promotes Dalen D. Harrison to Executive Vice President
November 20, 2023First Financial Northwest, Inc. (the “Company”)(NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”) today announced that Dalen D. Harrison was promoted to Executive Vice President and Chief Banking Officer of the Bank effective November 10, 2023. The promotion is in recognition of the breadth and depth of Ms. Harrison’s role in the success of the Bank.
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Simpson Thacher Announces 32 New Partners
November 20, 2023Simpson Thacher & Bartlett LLP announced yesterday that it has elevated the following attorneys to Partner, effective January 1, 2024.
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Phoenix IB, a part of J.S. Held, Assists Congoleum in Completing a $10.0 Million Refinancing
November 20, 2023Phoenix IB®, a part of J.S. Held, a leading middle market special situations investment bank and independent licensed broker-dealer under federal and state securities law (CRD#: 132710/SEC#: 8-66628), acted as the financial advisor and investment banker to Congoleum Acquisition, LLC (“Congoleum”) in arranging, structuring, and negotiating a $10.0 million loan package with Pathward, National Association.
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First Citizens Bank Serves as Lead Arranger on $250 Million Financing for Innovative Hybrid Thermal and Battery Energy Storage Projects in California
November 17, 2023First Citizens Bank announced today that its Energy Finance business acted as co-lead arranger on a $250 million financing on behalf of a portfolio of 327MW, 1hr duration battery storage projects developed in California by Middle River Power.
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First Bank Announces Strategic Leadership Changes
November 17, 2023First Bank, the wholly owned subsidiary of First Bancorp (NASDAQ – FBNC) and the largest North Carolina headquartered community bank, is pleased to announce changes to its executive leadership structure in order to more effectively execute its strategic vision.
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Eastern Bank Welcomes Avedis Zildjian Co. As A Commercial Banking Customer
November 17, 2023Eastern Bank is pleased to announce Avedis Zildjian Co. (Zildjian), the oldest family-owned business in the United States and the world’s largest maker of cymbals, drumsticks and percussion mallets, as a new commercial customer. Founded in 1623 and headquartered in Norwell, MA, Zildjian’s products are sold globally, inspiring people to express themselves through music.
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Lifetime Brands, Inc. Announces the Completion of the Term Loan B Amendment and Extension
November 17, 2023Lifetime Brands, Inc. (Nasdaq: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, announced the completion of the Term Loan B Amendment and Extension.
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Farmers Edge Announces Increase in Credit Facility
November 17, 2023Farmers Edge Inc. (“Farmers Edge” or the “Company”)(TSX: FDGE), a pure-play digital agriculture company, today announced that it has entered into an amendment to its secured credit facility (the “Facility”) with Fairfax Financial Holdings Limited and/or certain of its affiliates (collectively, “Fairfax”).
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Pathlight Capital Welcomes Laura Hegarty as Managing Director, Investor Relations
November 17, 2023Pathlight Capital LP ("Pathlight") is pleased to announce the hiring of Laura Hegarty as Managing Director, Investor Relations. Hegarty will focus on fundraising initiatives for the $2.7B private credit firm.
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Cohn & Dussi Attorneys Earn Prestigious Recognition from Super Lawyers in 2023
November 17, 2023In a testament to their legal prowess and outstanding contributions to the field, Michael H. Theodore and Shawn M. Masterson, esteemed attorneys at the renowned law firm Cohn & Dussi, have been accorded prestigious recognition by Super Lawyers for the year 2023. Additionally, the firm’s associate, Andrew B. Glaab, has been selected for the 2023 Rising Stars list, a remarkable accomplishment considering that only 5% of lawyers receive this distinction annually.
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Associated Bank Welcomes Phillip Trier as Executive Vice President, Commercial Banking Group Leader
November 17, 2023Associated Bank today announced the appointment of Phillip Trier as the company's executive vice president, commercial banking group leader. In his new role, Trier will focus on accelerating core Commercial Middle Market business development across the company's major metropolitan markets.
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The Secured Lender
SFNet's 80th Annual Convention Issue