- Great Plains Communications Secures $500 Million in Financing
- Sallyport Commercial Finance Welcomes Josh Sapolich
- BHI Appoints Dana Zeller as Chief Operating Officer
- Stellus Capital Management, LLC Provides Unitranche Financing in Support of Clarion Capital Partners' Acquisition of Arthur Murray International, Inc.
- Sound Point Provides Financing to Support the Acquisition of BNP Associates
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Cambridge Savings Bank Announces Leadership Changes: Kevin McGuire Named Chief Operating Officer, Christopher Johnson as Chief Information Officer
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that Kevin McGuire, previously the Chief Information Officer (CIO), has been appointed as the new Chief Operating Officer (COO), effective immediately. McGuire succeeds Michael Gilles, who is retiring after a distinguished career with the bank. In his new role, McGuire will assume responsibility for driving the bank's operational efficiency and aligning its activities with the bank’s strategic goals. McGuire’s areas of oversight will include strategic planning, capital management, balance sheet strategies, risk and investment management, and more.
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Interview with John Nooney, Mark Pickering and Charlie Perer of SG Credit Partners
John Nooney and Mark Pickering joined SG Credit Partners with the goal of bringing their upmarket sophistication to the lower middle market to build a broad commercial finance platform. On June 13, SG Credit Partners announced the creation of its Commercial Finance platform exclusively serving lower middle market entrepreneurs and a new website illustrating its expanded capabilities.
TSL Express Daily Headlines & News
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Castlelake Announces Forward Flow Agreement with Alma to Purchase over €3 Billion of Consumer Loans
October 10, 2024Castlelake, L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit, today announced that it has entered into a forward flow agreement with Alma ("Alma"), a Buy-Now Pay-Later (BNPL) solution company in France, to purchase over €3 billion of short duration payment facilities originated online and in stores over a 2.5-year period.
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Third Coast Announces Debt Capital Financing
October 10, 2024Third Coast Super Holdings, LLC ("Third Coast") is pleased to announce that on September 25, 2024 its wholly-owned subsidiary, Third Coast Infrastructure, LLC, successfully raised $1.025 billion of debt capital financing, comprising a $925 million 6-year Term Loan B and $100 million 5-year Revolving Credit Facility.
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Georgia Banking Company, Inc. and Primary Bancshares Corporation Announce Merger Agreement
October 10, 2024Georgia Banking Company, Inc. ("GBC"), the parent company of Georgia Banking Company, and Primary Bancshares Corporation ("PBC"), the parent company of Georgia Primary Bank, jointly announced today the signing of a definitive agreement under which PBC will merge with and into GBC in a stock and cash transaction with an aggregate value of approximately $27 million.
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J.S. Held Launches Strategic Advisory Practice with Acquisition of Stapleton Group
October 10, 2024Global consulting firm J.S. Held, proudly celebrating 50 transformative years, acquires Stapleton Group and announces the creation of the Strategic Advisory practice under the leadership of Michael Jacoby, CTP. The Stapleton Group acquisition further strengthens J.S. Held’s restructuring capabilities, spanning bankruptcy, receiverships, turnarounds, ABCs, and other financial advisory services.
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Trillium Acquisition Corp. Announces Secured Loan Related to Business Combination Agreement
October 9, 2024Trillium Acquisition Corp. (TSXV: TCK.P) ("Trillium" or the "Company") announces pursuant to the business combination agreement entered into between the Company and Bankview 1827 Investment Corp., Capitol Hill 1426 Investment Corp., and Sunalta 1509 Development Corp. (collectively the "Vendors"), and affiliated entities, dated May 17, 2024 (the "Business Combination Agreement"), the Company intends to provide Bankview 1827 Investment Corp.
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EnWave Secures $5 Million Revolving Credit Facility with Desjardins for Growth and Working Capital Purposes
October 9, 2024EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed a revolving credit facility agreement (the “Credit Facility”) with Desjardins Tech & Innovation Banking of the Desjardins Group (“Desjardins”), the largest financial cooperative in North America. The amount available to the Company under the facility is calculated as the lesser of $5 million and a function of royalties, receivables and inventory.
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HAPO Community Credit Union Expands with Acquisition of Community First Bank
October 9, 2024HAPO Community Credit Union, a leading credit union, and Community First Bank, a trusted provider of financial services in Tri Cities region, jointly announced today that they have entered into a definitive agreement under which HAPO Community Credit Union will acquire Community First Bank.
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Aerovironment, Inc. Enters into That Certain Third Amendment to Credit Agreement Relating to Its Existing Credit Agreement
October 9, 2024On October 4, 2024, AeroVironment, Inc., as borrower, and its wholly owned subsidiaries Arcturus UAV, Inc. and Tomahawk Robotics, Inc., as guarantors, entered into that certain Third Amendment to Credit Agreement relating to its existing Credit Agreement, dated as of February 19, 2021
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Obsidian Energy Announces Syndicated Credit Facility Increase to $300 Million
October 9, 2024OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the substantial repayment of our term loan (the "Term Loan").
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Aequum Capital Provides $15.0MM in Revolving Line of Credit to Preeminent Distributor of Pet Products
October 9, 2024Aequum Capital is excited to announce that it has recently provided a $15 million revolving line of credit to a Denver-based distributor of pet products. This strategic credit facility enables the company to leverage its accounts receivables and inventory, allowing it to bring key supplier payables current and place new inventory orders.
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MONTICELLOAM, LLC Closes $59.25 Million in Bridge and Working Capital Financing for Illinois Skilled Nursing Facilities
October 9, 2024MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, and its affiliates announced the closing of $59,250,000 in bridge and working capital financing for a portfolio of skilled nursing facilities in Illinois.
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MH&H Welcomes Its Incoming Class of 2024 Law School Graduates
October 9, 2024Moritt Hock & Hamroff is pleased to welcome Sidney Balaban, Danielle Halevi, Juliette Matchton, and Sam Tanenbaum as members of its incoming class of 2024 law school graduates.
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US Capital Global Expands European and Middle Eastern Operations Under New Partner Prodi Bhattacharya
October 9, 2024US Capital Global is pleased to announce the elevation of Prodi Bhattacharya, Ph.D., to the distinguished role of Partner, Structured Credit and Equity. In this capacity, Dr. Bhattacharya will spearhead US Capital Global’s European and Middle Eastern operations from the group’s London headquarters, which was established in 2020.
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Monroe Capital Supports Cloudbreak Health, LLC’s Acquisition of Voyce Global
October 9, 2024Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR.
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Elena M. Gallo Named Government Banking Division Executive
October 9, 2024Wells Fargo & Company (NYSE: WFC) today named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.
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Solifi Welcomes Majority Investment from TA
October 9, 2024olifi, a global fintech software partner for secured finance, today announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers.
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ATC Managers Closes $78 Million Bridge Loan for Multifamily Portfolio Acquisition
October 8, 2024ATC Managers successfully closed a $78 million bridge loan to facilitate the acquisition of a multifamily portfolio. This 12-month, fixed-rate bridge loan will enable the purchase of a portfolio consisting of 27 properties across North Carolina, Florida, and Arizona.
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Nada Secures up to $25 Million Revolving Credit Facility from Kawa Capital Management to Accelerate Growth of its Home Equity Investment Platform
October 8, 2024Nada, a leading fintech company offering homeowners debt-free access to home equity, has secured an up to $25 million revolving credit facility from Kawa Capital Management, an alternative asset management firm with over $3 billion in assets under management and renowned for its expertise in structured real estate and credit markets.
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Smart Eye Expands its Credit Facility
October 8, 2024Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) Smart Eye has entered into an agreement on market terms with an independent credit market actor group, enabling the company to secure a total credit facility of SEK 150 million.
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Top Rank for Wolters Kluwer in Newsweek’s Survey on Most Trustworthy Companies in the World
October 8, 2024Wolters Kluwer, a leading provider of professional information and software solutions, is proud to announce its number two ranking in the global Business & Professional Services Category on Newsweek's World's Most Trustworthy Companies list.
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The Secured Lender
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