Savi Financial Corporation, Inc. (OTC Pink: SVVB) (the “Company”), the bank holding company for SaviBank (the “Bank”), today announced the promotion of Henry Lee to Chief Credit Officer of SaviBank, effective July 11, 2023, succeeding Todd Anderson, who will transition to SVP/Strategic Projects with plans to retire in December 2023.

ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced the expansion and extension of its existing asset-based loan facility (the “Amended ABL”) to a new five-year term and an expansion of commitments from $150 million to $225 million.

First Citizens Bank today announced that it has named noted commercial banking executive Jim Hudak as president of its CIT Commercial Finance group, a division of First Citizens Bank, effective immediately. With more than 20 years as a commercial finance executive, Hudak is known throughout the industry for his leadership capabilities and strong commitment to customer support and satisfaction.

Cyxtera (NASDAQ: CYXT), a global leader in data center colocation and interconnection services, today announced that, pursuant to the previously disclosed Restructuring Support Agreement (“RSA") it reached with certain of its lenders holding over two-thirds of its outstanding term loan, the Company and certain of its subsidiaries have initiated a pre-arranged court-supervised process under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey.

Investment banking firm Ankura Capital Advisors is reportedly working with an unnamed bidder interested in acquiring the baby business and keeping some of its stores in operation. BBB was operating 120 buybuy Baby stores when it declared bankruptcy in April and announced it would begin closing all of the company’s stores.

Republic First Bancorp, Inc. (NASDAQ: FRBK) (the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the "Bank" or “Republic”), today announced that it is taking additional steps to enhance operational efficiency within its Retail Banking Division.

Pineapple Energy Inc. (NASDAQ: PEGY) (the “Company” or “Pineapple”), a leading provider of solar power, battery storage systems, and smart energy control to households and small businesses, today announced the closing of a $7.5 million debt deal with Decathlon Capital Partners, the country’s largest revenue-based funding investor.

Three of Boston’s award-winning business leaders in the hospitality and entertainment sector, Nia Grace—owner of Darryl’s Corner Bar & Kitchen and The Underground Café & Lounge—along with Ed Kane and Randy Greenstein—owners of Big Night Entertainment Group—have joined forces to open ‘Grace by Nia’, a modern-day supper club for which Eastern Bank is providing financing.

First Commerce Bank ("Bank") and First Commerce Bancorp, Inc. (the "Holding Company") (OTC PINK:CMRB) today announced that they have completed the Bank's reorganization into a bank holding company structure, effective the close of business on May 31, 2023.

Incora and certain affiliates (collectively, “Incora” or the “Company”), a leading global provider of innovative supply chain management solutions, announced that the Company filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”).

Amerisource Business Capital announced the closing and funding of a $3,000,000 senior credit facility for a Texas-based information technology services provider serving the construction industry.

Lendistry Core SPV I, LLC a newly formed Special Purpose Entity (SPE) established by B.S.D. Capital, Inc. dba Lendistry (Lendistry) to purchase eligible loans originated and sold by Lendistry, has obtained $20 million line of credit (LOC) from KeyBank Community Development Financial Institutions (CDFI) Group.

Wells Fargo & Company today announced that Barry Simmons is the new head of National Sales for Wells Fargo Advisors. ​ In this role, Simmons will lead Wells Fargo Advisors’ sales and business development team nationally, advisor recruiting across all channels, branch communications and advisor and cliet event strategy.

Momentive, the maker of SurveyMonkey, today announced the completion of its acquisition by an investor consortium led by Symphony Technology Group (STG) in an all-cash transaction valued at approximately $1.5 billion. The acquisition was previously announced on March 13, 2023, and approved by Momentive shareholders at the Special Meeting of Shareholders on May 31, 2023.

BankUnited Inc. (NYSE: BKU) has named experienced healthcare banker Craig Evans as senior vice president, enterprise practice leader, healthcare in the corporate banking division. An industry veteran with more than 25 years of experience, Evans will join BankUnited on June 1, 2023, from Citibank.

The refinancing involved 19 vessels and Nordea Bank acted as agent on behalf of a syndicate of seven banks. The loan will help refinance the group's existing debt, as well as with general corporate and working capital requirements.

Cordelio Power is pleased to announce the completion of a construction loan facility and tax equity commitment for the Moraine Sands wind project, which is located in Mason County, Illinois, holding a nameplate capacity of 171 MW. The project will sell 100% of its power under a long-term agreement with Microsoft Corporation.

Camden Property Trust (NYSE:CPT) (the “Company”) announced today that it utilized its unsecured revolving credit facility to retire approximately $185.2 million of secured variable rate debt with a current weighted average interest rate of approximately 7.1%.

The bank group is led by JPMorgan Chase Bank, N.A. as administrative agent, sustainability structuring agent, lead arranger and bookrunner. Bank of America, N.A., Barclays Bank PLC, Citibank, N.A., Morgan Stanley Bank, N.A., RBC Capital Markets, Sumitomo Mitsui Banking Corporation and Wells Fargo Bank, N.A., are documentation agents.

Brightwood Capital Advisors (“Brightwood”), a middle market private credit firm, announced that it deployed nearly $2 billion of capital to 35 new borrowers, in fiscal year 2022. This volume of investment activity was spurred by asset growth across Brightwood’s portfolio throughout the year, with the firm’s assets-under-management (AUM) surpassing $5 billion in 2022.