- First Citizens Bank Leads $125 Million Financing for New Day Healthcare
- Beacon Pointe Advisors Hires CFO Jon Frojen
- Linedata Launches Structured Finance Capability Strengthening Linedata Ekip360
- SFNet Market Pulse
- Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
TSL Express Daily Articles & News
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Today's Top Story
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Mitsubishi HC Capital America Boosts Commercial Finance Credit Team with Two New Executive Hires
Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the expansion of its Commercial Finance Credit team with the addition of two seasoned credit professionals. Cary Downer joins as Vice President - Credit, bringing 27 years of industry experience, and Todd Thompson joins as Vice President - Credit Officer, with over 20 years of experience.
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SFNet’s Women in Secured Finance Conference to Focus on Expanding Influence
SFNet’s Women in Secured Finance Conference will be held June 12-13, 2024 at Jay Suites Midtown East, New York, NY. An event designed to cultivate leadership skills and connect with fellow trailblazers, the Conference is geared to both aspiring leaders and seasoned professionals who are looking to make an impact and expand their sphere of influence.
TSL Express Daily Headlines & News
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Ascension Advisory Facilitates Build-to-Suit for Oxbo International’s 195,000 Square Foot Facility in Bergen, New York
September 16, 2024Geis Development, one of the leading national Build-to-Suit developers is preparing to break ground on a new 195,000 square foot fabrication and assembly facility on behalf of Oxbo International in Bergen, New York. Oxbo is headquartered in Roosendaal, Netherlands, and operates manufacturing facilities throughout North America and Europe.
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SSG Advises Eiger BioPharmaceuticals Inc. in the Sale of Lonafarnib and Lambda Program Assets to Eiger InnoTherapeutics, Inc.
September 16, 2024SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Eiger BioPharmaceuticals, Inc. (“Eiger” or the “Company”) in the sale of Lonafarnib and Lambda, and associated clinical assets to Eiger InnoTherapeutics, Inc. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Northern District of Texas (Dallas Division).
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Helicap Closes Largest Credit Facility Yet with Xendit's XenCapital: USD$50 Million to Empower Southeast Asian Businesses
September 12, 2024Helicap, a leading fintech platform provider specialising in emerging markets, is proud to announce the successful facilitation of a credit facility with XenCapital, the lending arm of Xendit, a fintech unicorn with operations across Southeast Asia and which has raised US$515million in venture capital funding.
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Valley Bank’s New Jersey Commercial Banking Team Closes a $150 Million Syndicated Credit Facility to Green Thumb Industries Inc.
September 12, 2024Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ: VLY), announces the closing of a $150 million five-year Senior Secured Term Loan Facility to Green Thumb Industries Inc. (“Green Thumb or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries.
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Capital Southwest Increases Corporate Credit Facility to $485 million
September 12, 2024Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to the total commitments under its senior secured credit facility (the “Corporate Credit Facility”).
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Clifford Chance Adds Capital Markets Partner Om Pandya in Houston
September 12, 2024Pandya has deep knowledge of the energy and infrastructure sector and has also been involved in many significant M&A transactions. His appointment further strengthens the firm's global Capital Markets offering in the US and builds on breadth and depth of the team in Houston.
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First National Bank Announces Allison Daniels as Chief Information Officer and Michelle Gaydica as Chief Operating Officer
September 12, 2024First National Bank, a subsidiary of Pinnacle Bankshares Corporation (OTCQX: PPBN), is proud to announce that Allison G. Daniels has transitioned into the role of Senior Vice President and Chief Information Officer and that Michelle M. Gaydica has joined the Bank as Senior Vice President and Chief Operating Officer.
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Cascadia Capital Adds Don More as Managing Director to Lead Technology Group’s Cybersecurity & Risk Practice
September 12, 2024Cascadia Capital, a leading independent investment bank, is pleased to announce that Don More has joined the firm as a Managing Director in its Technology & Software investment banking group. Based in New York, Mr. More brings extensive expertise as one of the world’s leading investment bankers specializing in cybersecurity & risk.
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Douglas Dynamics Completes $64.2 Million Sale-Leaseback Transaction with TPG Angelo Gordon
September 12, 2024Douglas Dynamics, Inc. (NYSE: PLOW), or the “Company”, North America’s premier manufacturer and upfitter of commercial work truck attachments and equipment, today announced the successful completion of a sale-leaseback transaction with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG).
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Pathlight Capital Welcomes Doug Nicholson as Managing Director
September 12, 2024Pathlight Capital LP ("Pathlight") is excited to announce the appointment of Doug Nicholson as Managing Director. In this role, Nicholson will collaborate with the originations team to source new transactions.
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Mitsubishi HC Capital America Announces New Leadership Position for Ann Brodette, head of Industrial Equipment Finance Division
September 12, 2024Mitsubishi HC Capital America, the leading non-bank, non-captive finance provider in North America, is proud to announce that Ann Brodette has been promoted to Senior Vice President & General Manager, Industrial Equipment Finance.
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A&G Announces Plan to Sell 296 Big Lots, Inc. Store Leases in Connection with Retailer’s Restructuring and Sale Process
September 12, 2024A&G Real Estate Partners today announced plans to market 296 Big Lots, Inc. (the "Company") store leases for sale across the United States.
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Meat-Industry Equipment Goes to Auction on Sept. 26
September 12, 2024In a major opportunity for the meat industry, equipment from Strauss Brands’ Franklin plant is available in a Sept. 26 online auction by Tiger Group and Barliant Auctions.
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Big Lots Receives Court Approval of "First Day" Motions to Support Business Operations
September 12, 2024Big Lots, Inc. (NYSE: BIG) (the "Company") today announced that it received interim Court approval for certain "first day" motions related to the Company's voluntary Chapter 11 proceedings.
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Associated Banc-Corp Appoints Trevor D'Souza as Senior Vice President of Commercial Banking
September 12, 2024Associated Banc-Corp has hired Trevor D'Souza as senior vice president of commercial banking. In his new role, D'Souza will focus on attracting and deepening customer relationships for products including loans, deposits, treasury management and other services.
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Rite Aid Comes out of Chapter 11 Bankruptcy
September 12, 2024The Rite Aid Corporation said it has successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy, cutting about $2 billion worth of total debt and adding $2.5 billion in exit financing.
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Aequum Capital Welcomes James Farrell as Executive Director
September 12, 2024Aequum Capital ("Aequum"), a non-bank asset-based commercial lender, proudly announces the addition of James Farrell as its new Executive Director of Credit and Portfolio Management. With a distinguished career spanning over 35 years in commercial finance, particularly in senior secured asset-based lending, turnaround management, and business development, Jim brings a wealth of experience and strategic insight to the firm.
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Gridiron Capital Enhances Operating Partner Resources with the Addition of Tom McInerney and Jason Cohen
September 12, 2024Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Tom McInerney and Jason Cohen have joined the team as Gridiron’s newest Operating Partners.
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Prestige Capital Provides $7,500,000 Facility for an Electrical Contracting Company
September 12, 2024Prestige Capital is pleased to announce its recent collaboration with a Southwestern electrical contracting company. This partnership, facilitated by an experienced broker, enabled the electrical contractor business to restructure its finances successfully.
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Pankaj Vashisth Elevated to Partner and Chief Compliance Officer at US Capital Global, Assumes Leadership Role for Las Vegas Office
September 12, 2024US Capital Global proudly announces the promotion of Pankaj Vashisth to the esteemed positions of Partner and global Chief Compliance Officer (CCO). With headquarters in San Francisco and a global presence extending to key locations such as Las Vegas, Philadelphia, Miami, New York, London, and Dubai, US Capital Global stands as a premier full-service global private financial group specializing in corporate finance, asset management, and capital formation services.
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The Secured Lender
SFNet's 80th Annual Convention Issue