TSL Express Daily Articles & News
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Valley National Bank Strengthens Syndications Capabilities with the Hire of Robert Danziger as Head of Syndications
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today it has hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business.
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A Framework For Championing Securitization in Africa to Mobilize Capital and Drive Economic Development
The potential of securitization to meet a range of financing needs in African markets is yet to be fully realized.
TSL Express Daily Headlines & News
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Assembled Brands Capital Closes Line of Credit with Happy Dad Hard Seltzer & Tea
May 23, 2024Assembled Brands is celebrating a new substantial facility with Happy Dad Hard Seltzer & Tea. With access to a flexible line of credit, the California-based company is well prepared to grow its inventory positions and scale the business month over month without limitation.
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Assembled Brands Capital Provides Substantial Line of Credit to Luxury Sleepwear Brand Lunya
May 23, 2024Assembled Brands is celebrating the closing of a new revolving line of credit with Lunya, a luxury sleep and loungewear brand that has become a favorite among retail partners and digital shoppers alike. Through this partnership, the apparel company will further extend its marketing efforts, and continue to expand its inventory assortment.
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Allegion Completes Extension and Increase of Revolving Credit Facility
May 23, 2024Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has successfully completed the extension and increase of its existing senior unsecured revolving credit facility.
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Thurston Group Portfolio Company, Gen4 Dental Partners, Secures $315M Credit Facility
May 23, 2024Thurston Group ("Thurston"), a leading private equity firm specializing in healthcare investments, is pleased to announce its portfolio company, Gen4 Dental Partners ("Gen4"), has closed on a $315 million credit facility. The financing which was used to refinance existing indebtedness and fund acquisitions under LOI, was significantly oversubscribed and led by Man Varagon.
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H2O Innovation Announces the Closing of a US $85M Blue Loan Credit Facility
May 23, 2024H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has entered into an agreement with National Bank of Canada, acting as lead arranger, sole bookrunner, administrative agent and Sustainability Structuring Agent of a syndicate of three banks including Scotiabank and the Toronto-Dominion Bank, to increase the Corporation’s revolving credit facility to $85M, a rise of $30M since the previous loan increase.
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Frontier Announces Amendment to its Revolving Credit Facility
May 23, 2024Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the execution of an amendment to its revolving credit facility. The amendment increases the amount of new securitization debt the company may issue and requires that a portion of the proceeds be used to refinance first lien debt.
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Gridiron Capital-Backed GSM Outdoors Acquired Dobyns Rods
May 23, 2024Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that its portfolio company, Good Sportsman Marketing Outdoors (“GSM,” “GSM Outdoors,” or the “Company”), an outdoor enthusiast platform, has acquired Dobyns Rods (“Dobyns”).
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Womble Adds Financial Services Partner in New York
May 23, 2024In further expansion of its financial services regulatory and technology capabilities, Womble Bond Dickinson today announced the addition of partner Louis Froelich to the Capital Markets group. Froelich joins in New York, where he has worked in legal and business roles for the better part of two decades.
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US Capital Global Securities Announces $10MM Convertible Note Offering for Cyber Security Firm, RedShift Networks
May 23, 2024US Capital Global Securities LLC, an SEC-registered affiliate of renowned global financial group US Capital Global, is pleased to present eligible investors with a unique investment opportunity to participate in an investment round of up to $10 million for RedShift Networks (“RedShift” or the “Company”).
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QuickFi Wins Best of Show at Finovate Spring 2024
May 23, 2024QuickFi® was recognized as Best of Show at Finovate Spring 2024. QuickFi participated with over 50 companies at Finovate Spring 2024, a leading fintech event series held annually in San Francisco, New York City, Asia, and Europe.
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Sallyport Commercial Finance Revitalizes Canadian Business with $2.5M Finance Boost
May 23, 2024At a crucial time in Big Eric’s 80-year history, Sallyport Commercial Finance is delighted to announce $2.5 million in financing for an established Canadian business in need of funding to support their restructure and continued growth.
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Haynes Boone Surveys Reveal Diverging Expectations for Oil and Gas Producers in Spring 2024
May 23, 2024The Spring 2024 Haynes and Boone, LLP borrowing base and price deck surveys revealed lenders are increasingly bullish on oil prices contrasted by a severe near-term slump in natural gas markets, and market players expect asset divestments driven by a recent wave of energy M&A activity to likely increase in 2025.
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Monroe Capital Supports Dealer Services Network’s Acquisition of Express OMV
May 23, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Dealer Services Network’s (“DSN”) acquisition of Express OMV. DSN is an existing portfolio company of Frontenac.
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Barclays Appoints David King as Global Head of Technology M&A
May 23, 2024Barclays today announces the appointment of David King as Global Head of Technology M&A. Mr. King will be based in San Francisco, will report to Ihsan Essaid, Global Head of M&A, and will work in close partnership with Kristin Roth DeClark, Global Head of Technology Investment Banking.
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Bluberi Closes $55 Million Financing
May 23, 2024Bluberi Gaming USA, Inc. ("Bluberi" or the "Company") announced that it closed a $55 million financing facility with Citizens acting as Left Lead Arranger on the transaction.
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Broadway Financial Corporation Announces Four Additions to Senior Management Team
May 22, 2024Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), today announced the addition of four experienced senior officers to the management team of City First Broadway.
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Bain Capital Specialty Finance, Inc. Increases and Extends Its Revolving Credit Facility
May 22, 2024Bain Capital Specialty Finance, Inc. (NYSE: BCSF, the “Company”, “our” or “we”) announced today that it has increased commitments under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation as administrative agent (the “Sumitomo Credit Facility”) to $855 million from $665 million and extended the maturity date to May 18, 2029 from December 24, 2026. The total number of lenders to the Sumitomo Credit Facility increased to 14.
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Culain Capital Funding Closes $1.0MM for Texas Workforce Solutions Provider
May 22, 2024Culain Capital, a leading provider of innovative financial solutions, is pleased to announce the origination of a $1,000,000 accounts receivable financing to a prominent Texas-based workforce solutions company. This strategic funding will empower the company to enhance its operational capacity and continue delivering exceptional workforce services across the state.
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SLR Business Credit Provides $2.5 Million Credit Facility to Transportation, Distribution and Logistics Company
May 22, 2024SLR Business Credit announces the funding of a $2.5 million asset-based revolving line of credit to a Southern California trucking and logistics company serving the port of Long Beach, Los Angeles and LAX with custom-tailored services including Drayage, FTL, Intermodal, Bulk Storage, Cross-Docking, Overweight Cartage and Warehousing.
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SLR Healthcare ABL Provides $3 Million for a Skilled Nursing Operator
May 22, 2024SLR Healthcare ABL is pleased to announce it has provided a $3 million asset-based revolving line of credit to a skilled nursing operator in the upper Midwest.
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The Secured Lender
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