- Saltire Capital Ltd. Announces Closing of Credit Facility
- PPL Group Sells Structural Steel Fabrication Business as a Turn-Key Facility
- News Detail Share Test
- Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
- Chainlink Joins Banco Inter, Microsoft and 7Comm Consortium to Support Trade Finance use Case in Phase 2 of Drex Pilot
TSL Express Daily Articles & News
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eCapital Welcomes Matthew Shearer as SVP, Channel Sales
eCapital Corp. ("eCapital"), a leading tech-enabled finance provider for small and medium-sized businesses (“SMBs”) across North America and the U.K., proudly announces the appointment of Matthew Shearer as Senior Vice President of Channel Sales. This strategic move aims to expand eCapital's reach by embedding its financing solutions within third-party platforms and digital marketplaces.
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Interview with Savi Hussain, Member of SFNet’s Diversity, Equity & Inclusiveness Committee
Savitri Ramjohn Hussain (Savi) migrated from Guyana, South America in 1984. She is a mom of four children and has three amazing grandkids. Savi Hussain serves as the head of underwriting and senior VP at Iron Horse Credit. She comes with a wealth of industry knowledge and 25 years of experience in asset-based lending including accounts receivable finance, inventory finance, purchase order finance and supply chain finance.
TSL Express Daily Headlines & News
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B. Riley Financial Provides Update on Strategic and Financing Initiatives
September 12, 2024B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today announced proposed strategic and financing initiatives intended to enhance shareholder value by accelerating debt repayment.
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Trina Solar Secures €150 Million Credit Facility to Support IPP Transition
September 12, 2024Trina Solar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit ('ISBU') focusing on the development of utility-scale solar power and battery storage projects.
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CIBC Innovation Banking Serves as Lead Arranger of a Syndicated Debt Facility for 360insights
September 12, 2024CIBC Innovation Banking announced today that it recently acted as the lead arranger and administrative agent on a credit facility for 360insights, a partner engagement and business optimization company based in Whitby, ON.
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Horizon Copper Strengthens Financing Capacity with $30 Million Revolving Credit Facility Plus $20 Million Accordion Feature
September 12, 2024Horizon Copper Corp. (TSX-V: HCU) (OTCQX: HNCUF) ("Horizon Copper", "Horizon", or the "Company") is pleased to announce that it has entered into a revolving credit agreement with National Bank of Canada and The Bank of Nova Scotia allowing the Company to borrow up to US$30 million (the "Revolving Loan"), with an additional uncommitted accordion of up to US$20 million, for total availability of up to US$50 million.
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Comvest Credit Partners Announces Closing of Debut Middle-Market CLO at $500 Million
September 12, 2024Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, today announced the recent closing of its debut Collateralized Loan Obligation (CLO), Comvest 2024-1 CLO (“Comvest CLO”), at $500 million.
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Shift4 Announces Closing of New Revolving Credit Facility
September 10, 2024Shift4 Payments, LLC (“Shift4 LLC”), a wholly-owned subsidiary of Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, today announced the completion on September 5, 2024 of a refinancing of its existing revolving credit facility with a second amended and restated first lien credit agreement entered into with Goldman Sachs Bank USA, as administrative agent and collateral agent,
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Ares Commercial Finance Provides a $30 Million Credit Facility to InterDesign, Inc.
September 10, 2024Ares Commercial Finance announced today that it has provided a $30 million senior secured revolving line of credit to InterDesign, Inc. (“iDesign” or the “Company”). The Company, based in Solon, Ohio, is a global leader in housewares distribution, providing innovative and sustainable home organization solutions.
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Womble Bond Dickinson to Combine with Lewis Roca, Forming Powerhouse Law Firm
September 10, 2024Womble Bond Dickinson (US) and Lewis Roca announced today that the two large, multi-practice law firms have approved a combination, creating a powerhouse firm of more than 1,300 attorneys in 37 offices in the United States and the United Kingdom. The combination will provide clients with enhanced capabilities across practices and sectors, as well as the resources of an expansive geographic platform.
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BRG Further Expands in Europe with Addition of Expert Team and Offices in Rome and Milan
September 10, 2024BRG announced today the opening of offices in Rome and Milan as it expands its European footprint with a team of economists focused on regulated industries, led by Managing Director Dr Francesco Lo Passo, who joins with Managing Director Marcella Fantini and Associate Director Alessandro Greco.
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finally Raises $200M Series B with $50M Equity and $150M Credit Facility
September 10, 2024The AI-powered, all-in-one finance and HR suite, finally, today announced that it has closed a $50M Series B from PeakSpan Capital and $150M credit facility from Encina. The new capital follows the company’s $95M Series A in 2022 and additional $10M capital injection in February of this year, bringing total funds to date to $305M. Since its Series A, finally has shown annual revenue growth of 300%.
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Concrete Pumping Holdings Upsizes Asset-Based Lending Facility to $350 Million
September 10, 2024Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and concrete waste management services in the U.S. and U.K., announced that Brundage-Bone Concrete Pumping Holdings Inc. (the "Issuer"), a wholly-owned subsidiary of the Company, has amended and restated its existing ABL credit agreement (the “ABL Facility”) to provide up to $350 million (previously $225 million) of commitments and extend the maturity of the ABL Facility to September 6, 2029.
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Itafos Announces Amendment and Extension of Its Existing Credit Facilities
September 10, 2024Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) announced today that it has entered into an amendment of its existing credit facilities with a syndicate of lenders led by RBC Capital Markets, pursuant to which the Company will refinance its existing $85 million loan (with $35.4 million outstanding) and its $35 million letter of credit facility.
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Stellus Capital Management, LLC Provides Unitranche Financing In Support Of DFW Capital Partners' Investment In B&A
September 10, 2024Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided debt financing and an equity co-investment in support of DFW Capital Partners' ("DFW") investment in B&A (the "Company"), a leading information technology systems integrator on behalf of government agencies.
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Aggreko Energy Transition Solutions Closes $66 Million Financing for its Growing C&I and Community Solar Portfolio
September 10, 2024Aggreko Energy Transition Solutions (ETS), a division of Aggreko, a global leader in energy solutions, today announced the successful closing of a $66 million term loan financing for a 88.5-megawatt (MWdc) diversified portfolio of C&I and community solar assets.
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Buyerlink Secures $41 Million Debt Facility with Citigroup
September 10, 2024Buyerlink, a leading online auction marketplace for performance-based marketing, today announced it has secured a new $41 million debt facility with Citigroup (Citi). This new financing arrangement bolsters Buyerlink's capital structure, enabling it to continue to pursue growth strategies both organically and through strategic acquisitions.
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OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Carlyle’s Acquisition of Worldpac
September 10, 2024Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger of a private unitranche facility to support Carlyle’s acquisition of Worldpac, Inc. (“Worldpac”), a formerly fully owned subsidiary of Advance Auto Parts, Inc.
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Solifi Named Among Top Fourteen Fast Track FinTech Winners on 2024 IDC FinTech Rankings
September 10, 2024Solifi, a global fintech software partner for secured finance firms, announced it was listed among the top fourteen Fast Track FinTech winners, as well as an IDC Fintech Top 100 company. The 21st annual vendor ranking recognizes the world’s leading hardware, software and service providers in the financial services industry.
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Mitsubishi HC Capital America Collaborates with the Seismic Group and PulPac to Finance Sustainability Equipment and Technology
September 10, 2024Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of dry molded fiber.
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Alpine Ridge Funding Provides $5 Million Credit Facility to Global Logistics Company
September 10, 2024Alpine Ridge Funding ("ARF") is pleased to announce the closing of a $5 million senior secured credit facility to an East Coast based logistics provider of importing, freight forwarding and warehousing services nationwide and globally.
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Monroe Capital Supports PrecisionX Group’s Add-on Acquisitions
September 10, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, Inc. (“Ditron”) and MSK Precision Products, Inc. (“MSK”) by PrecisionX Group (“PrecisionX”), an existing portfolio company of CORE Industrial Partners.
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The Secured Lender
SFNet's 80th Annual Convention Issue