Ranger Energy Services, Inc. (NYSE: RNGR) (“Ranger” or the “Company”), a leading provider of well service rigs and associated services to the oil and gas industry, is pleased to announce the successful closing of a new asset based lending facility (“ABL”) with Wells Fargo Bank, N.A, as administrative agent and sole lender.

The Algon Group, a specialized financial advisory firm, is pleased to announce that highly-regarded bankruptcy and restructuring lawyer, Robert "Bob" Fishman, has joined the firm as Vice Chairman. Fishman, coming out of a very brief retirement, brings 40 years of experience representing all parties in insolvency/bankruptcy settings, including debtors in possession, trustees, secured creditors, Creditors' Committees and disinterested directors.

Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14.0 billion. This closing marks a significant milestone in the HVAC and refrigeration (HVACR) industry leader’s journey to advance the next generation of climate technologies.

The recent transactions represent the varying product categories, company sizes, and capital needs addressed by Dwight’s flexible asset-based loans, and help to further position the lender as the go-to in their field.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Greg Glater has joined the firm as a partner in its Assurance practice.

Commercial Finance Partners (“CFP”) is pleased to announce that it has facilitated the closing of $5,235,000 Conventional Term Loan and $4,000,000 Revolving AR Line of Credit to support the acquisition of a Metal Stamping and Plating Company located in Texas.

London-based private credit manager Pemberton Asset Management has recruited sustainable investment veteran Niamh Whooley to spearhead the firm’s ESG ambitions, a further sign of the growing importance of sustainability in private credit markets.

The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a US$ 75 million mezzanine facility, Sole Lead Arranger for a US$55 million PMGD bridge-loan facility, co-Lead Arranger for a US$19 million LC Facility, as well as co-Global Coordinator Placement Agent and Green Issuance Coordinator for a US$178 million private placement. A $37 million bridge loan was separately provided.

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:

He was looking for working capital to fund that growth and Celtic Capital provided a $1,500,000 accounts receivable line of credit and a $738,000 equipment loan to meet the Company’s working capital needs.

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing its Senior Vice President and Managing Director, Robyn Barrett, has been named incoming president of the American Factoring Association (AFA) for a two-year term.

Areté Capital Partners, a boutique, special-situation advisory and capital firm, is pleased to announce the addition of Managing Director Stuart Kaufman. Based out of Chicago, Illinois, Kaufman will enable Areté to expand its services and mission of bringing empathy to the restructuring industry to help successfully navigate more customers through the often painful and difficult process.

The debt financing will be used to fund the majority of the Company’s proposed first commercial project, the Lanxess 1A Project, located near El Dorado in southern Arkansas. BNP Paribas is a global leader in the financial advisory and project financing role for battery and critical mineral projects.

Wildpack Beverage Inc. today announces the closing of its previously announced non-revolving term credit facility in the principal amount of USD$25,000,000 pursuant to an amended and restated loan agreement among Sandton Credit Solutions Master Fund V, LP, an affiliate of Sandton Capital Partners, L.P. and the Company's wholly-owned subsidiaries, Thirsty Cat, LLC, Hungry Hippo Company, Wildpack Holdings U.S. Inc., K.T. Murray Corporation, CraftPac LLC, Wild Leaf Holdings U.S. LLC, Vertical Distilling LLC and Wild Leaf Ventures Group Nevada Inc., as borrowers.

Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced that W. Glenn Hogan has been elected to the Peoples Board of Directors. He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank. Mr. Hogan, 61, formerly served as Chairman of the Board of Directors of Limestone Bancorp, Inc. ("Limestone") until Limestone was acquired by Peoples on April 30, 2023. He was a member of the Board of Directors of Limestone since 2006.

Lazard Ltd (NYSE: LAZ) today announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients on strategic financial matters. These changes will take effect October 1, 2023.

Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement (the “Agreement”) with Banco de Credito del Peru and Banco Santander S.A. (together, the “Lenders”) to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under the Company’s senior secured credit facility.

Entrepreneur Growth Capital LLC (“EGC”) is pleased to announce the closing of a $1 million asset-based facility for a wholesale distributor of horticultural products. The facility provides availability against both accounts receivable and inventory.

The New Term Loan Facility was entered into with J.P. Morgan acting as administrative agent and joint lead arranger. Other joint lead arrangers for the New Term Loan Facility were BofA Securities, Inc., Barclays Bank PLC, Truist Securities, Inc. and HSBC Securities (USA) Inc. The New U.S. ABL Facility was entered into with J.P. Morgan acting as administrative agent.

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,000,000 stand-alone inventory revolving line of credit to a Georgia based Marble and Granite Slab Distributor.