- KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
- Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
- Appraisers See a Mixed Picture for Valuations
- SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
- Bob Seidenberger Joins Franklin Capital as VP of Sales
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Heritage Global Announces New Upsized $17 Million Credit Facility with C3bank
Jun 1, 2023Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced an upsized $17 million credit facility with C3bank which includes the renewal of its existing $10 million line of credit as well as a new $7 million term loan.
-
SLR Credit Solutions Agents Term Loan and Wells Fargo Provides Line of Credit For Skullcandy®
Jun 1, 2023
Massachusetts – SLR Credit Solutions (“SLR CS”) announced the closing of a secured first lien term loan in concert with a new revolving line of credit from Wells Fargo for Skullcandy, Inc.® (“Skullcandy”) or the (“Company”).
Proceeds from the financing were used to refinance existing debt and provide enhanced flexibility.
-
Interview with Sarah House, Senior Economist for Wells Fargo’s Corporate and Investment Bank
Jun 1, 2023Sarah House is a managing director and senior economist for Wells Fargo’s Corporate and Investment Bank. Based in Charlotte, NC, she covers the U.S. macro economy, including the labor market, inflation trends, and monetary policy. Sarah frequently speaks about the economy to the national media, including The Wall Street Journal, Bloomberg News, CNBC and National Public Radio. She will be speaking at the SFNet’s Women in Secured Finance Conference on June 15. -
MidCap Financial Closes $44mm Senior Secured Credit Facility to AleraCare
May 30, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $44mm senior secured credit facility to AleraCare Intermediate, LLC (“AleraCare” or “Company”).
-
Sparks Announced the Closing of a One-Year Extension of its $43 Million Revolving Credit Facility with Renzo Capital Corp.
May 30, 2023Renzo Capital Corp. Sparks announced the closing of a one-year extension of its $43 million revolving credit facility with Renzo Capital Corp.
-
The Use of Covenants in a Discretionary Factoring Facility
May 30, 2023SFNet’s Crucial Conversations webinar, “The Value and Effective Use of Covenants in a Factoring Transaction,”
focused on why covenants are needed in a discretionary factoring facility; covenant types and reporting frequency; the art of picking the right covenant(s) and more. Here, panelist Hugh Larratt-Smith provides a recap of the webinar.
-
Lifecore Biomedical Enters into $150 Million New Financing Deal
May 25, 2023Lifecore Biomedical, Inc., a fully integrated contract development and manufacturing organization (CDMO), has entered into a broad set of agreements with its long-term customer, Alcon, which provides for the repayment of the company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (HA) that Lifecore is expected to supply for use in Alcon’s commercial products.
-
Valley Bank Hires Matthew Weidle to Lead Chicago and Midwest Markets
Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President.
In this new role, Weidle will focus on expanding Valley’s Commercial Banking presence in the Chicago market and Midwest region. Valley inherited the talented and well-established Commercial Banking team through Valley’s merger with Bank Leumi USA in April 2022. -
Siena Lending Group Closes A $25 Million Credit Facility To Finance Acquisition Of National Railway Equipment Co.
May 23, 2023Siena Lending Group LLC ("Siena")is pleased to announce the closing of a $25 million asset-based credit facility for TRM NRE Acquisition LLC to finance the acquisition of certain assets of National Railway Equipment Co. (“NRE” or the “Company”). Siena’s revolving credit and delayed draw term loan facility was closed in only 19 days to finance TRM Equity’s (“TRM”) purchase of certain assets of NRE and their ongoing working capital needs. Armory Securities, LLC (“Armory”) acted as the Company’s advisor on their restructuring, sale and financing.
-
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
May 22, 2023
First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor.
Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group provides casing, tubing, and line pipe products for the energy industry.
-
KKR Taps Pietrzak as Sole Global Head of Private Credit
May 22, 2023
Daniel Pietrzak, a partner at KKR & Co., has been named the alternative money manager's sole global head of private credit, a spokeswoman said in an email Friday. Mr. Pietrzak was named the sole global head following the departure of fellow partner and co-head of private credit Matthieu Boulanger to pursue other opportunities, the spokeswoman said.
-
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
May 18, 2023First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market.
-
MidCap Financial Closes $325mm Senior Revolving Credit Facility to Revlon
May 16, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $325mm senior revolving credit facility to Revlon Intermediate Holdings IV LLC. (“Revlon” or “Company”) in connection with Revlon’s successful emergence from Chapter 11.
-
Vice Media Files for Bankruptcy
May 15, 2023Vice will enter into a purchasing agreement with a number of its vendors to try and stay afloat, according to a filing in New York federal court. The group, led by Fortress Investment Group, Soros Fund Management, and Monroe Capital, will purchase Vice's assets for $225 million and take on liabilities as high as $1 billion, the filing said.
-
TPG to Acquire Angelo Gordon
May 15, 2023TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, and Angelo Gordon, a $73 billion1,2 alternative investment firm focused on credit and real estate investing, today announced that the companies have entered into a definitive agreement under which TPG will acquire Angelo Gordon in a cash and equity transaction valued at approximately $2.7 billion, based on TPG Inc.’s share price as of May 12, 2023, including an estimated $970 million in cash and up to 62.5 million common units of the TPG Operating Group and restricted stock units of TPG, in each case, subject to certain adjustments.
-
SFNet Member Spotlight: Paladin Management Group, LLC
Paladin is a middle‐market advisory firm driving value creation through consulting services. We guide middle‐market companies and their stakeholders through challenging financial, operational, and strategic transitions.
-
SFNet Partners with NYU Stern to Offer new Course - Impactful Leadership for High Potentials, Bringing a Multi-faceted Learning Experience
May 11, 2023The Secured Finance Foundation has joined forces with NYU Stern Executive Education to bring a multi-faceted learning experience taught by NYU Professor, Nathan Pettit (pictured) coupled with real-world secured finance applications.
This two-day course, held in person at NYU Stern June 20-21, will introduce attendees to a variety of analytical frameworks while simultaneously modelling tactical approaches – all with the focus on developing leadership skills.
-
Daktronics, Inc. Strengthens Financial Position by Securing $100 Million In Capital Commitments
May 11, 2023
Closes $75 Million Senior Secured Credit Facility with JPMorgan Chase and $25 Million Convertible Note Investment with Major Shareholder Alta Fox Capital
-
EquipmentShare Closes $3 Billion Senior Secured Asset-Based Revolving Credit Facility With Capital One Bank and Announces the Successful Closing of Its Debut Bond Offering
May 10, 2023Goldman Sachs & Co. LLC acted as the lead book running manager, Wells Fargo Securities, Capital One Securities, Citigroup, Fifth Third Securities, J.P. Morgan, Mizuho, MUFG, SMBC Nikko and Truist Securities acted as joint book-running managers and Regions Securities LLC and UBS Investment Bank acted as co-managers for the successful private offering of the Notes.
-
Legacy Corporate Lending, New Asset-based Lending Company, Launches With Investment From Bain Capital Credit
May 10, 2023Legacy Corporate Lending (“Legacy”) a new asset-based lending (ABL) company, today announced its launch as an independent lender focused on serving the needs of middle market companies across North America. Legacy is launching with a significant equity investment from funds managed by a subsidiary of Bain Capital Credit, L.P., (“Bain Capital Credit”), a leading global credit specialist.
-
Heritage Global Announces New Upsized $17 Million Credit Facility with C3bank
Jun 1, 2023Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced an upsized $17 million credit facility with C3bank which includes the renewal of its existing $10 million line of credit as well as a new $7 million term loan.
-
SLR Credit Solutions Agents Term Loan and Wells Fargo Provides Line of Credit For Skullcandy®
Jun 1, 2023
Massachusetts – SLR Credit Solutions (“SLR CS”) announced the closing of a secured first lien term loan in concert with a new revolving line of credit from Wells Fargo for Skullcandy, Inc.® (“Skullcandy”) or the (“Company”).
Proceeds from the financing were used to refinance existing debt and provide enhanced flexibility.
-
Interview with Sarah House, Senior Economist for Wells Fargo’s Corporate and Investment Bank
Jun 1, 2023Sarah House is a managing director and senior economist for Wells Fargo’s Corporate and Investment Bank. Based in Charlotte, NC, she covers the U.S. macro economy, including the labor market, inflation trends, and monetary policy. Sarah frequently speaks about the economy to the national media, including The Wall Street Journal, Bloomberg News, CNBC and National Public Radio. She will be speaking at the SFNet’s Women in Secured Finance Conference on June 15.
-
MidCap Financial Closes $44mm Senior Secured Credit Facility to AleraCare
May 30, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $44mm senior secured credit facility to AleraCare Intermediate, LLC (“AleraCare” or “Company”).
-
Sparks Announced the Closing of a One-Year Extension of its $43 Million Revolving Credit Facility with Renzo Capital Corp.
May 30, 2023Renzo Capital Corp. Sparks announced the closing of a one-year extension of its $43 million revolving credit facility with Renzo Capital Corp.
-
The Use of Covenants in a Discretionary Factoring Facility
May 30, 2023
SFNet’s Crucial Conversations webinar, “The Value and Effective Use of Covenants in a Factoring Transaction,”
focused on why covenants are needed in a discretionary factoring facility; covenant types and reporting frequency; the art of picking the right covenant(s) and more. Here, panelist Hugh Larratt-Smith provides a recap of the webinar.
-
Lifecore Biomedical Enters into $150 Million New Financing Deal
May 25, 2023Lifecore Biomedical, Inc., a fully integrated contract development and manufacturing organization (CDMO), has entered into a broad set of agreements with its long-term customer, Alcon, which provides for the repayment of the company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (HA) that Lifecore is expected to supply for use in Alcon’s commercial products.
-
Valley Bank Hires Matthew Weidle to Lead Chicago and Midwest Markets
Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President.
In this new role, Weidle will focus on expanding Valley’s Commercial Banking presence in the Chicago market and Midwest region. Valley inherited the talented and well-established Commercial Banking team through Valley’s merger with Bank Leumi USA in April 2022. -
Siena Lending Group Closes A $25 Million Credit Facility To Finance Acquisition Of National Railway Equipment Co.
May 23, 2023Siena Lending Group LLC ("Siena")is pleased to announce the closing of a $25 million asset-based credit facility for TRM NRE Acquisition LLC to finance the acquisition of certain assets of National Railway Equipment Co. (“NRE” or the “Company”). Siena’s revolving credit and delayed draw term loan facility was closed in only 19 days to finance TRM Equity’s (“TRM”) purchase of certain assets of NRE and their ongoing working capital needs. Armory Securities, LLC (“Armory”) acted as the Company’s advisor on their restructuring, sale and financing.
-
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
May 22, 2023
First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor.
Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group provides casing, tubing, and line pipe products for the energy industry.
-
KKR Taps Pietrzak as Sole Global Head of Private Credit
May 22, 2023
Daniel Pietrzak, a partner at KKR & Co., has been named the alternative money manager's sole global head of private credit, a spokeswoman said in an email Friday. Mr. Pietrzak was named the sole global head following the departure of fellow partner and co-head of private credit Matthieu Boulanger to pursue other opportunities, the spokeswoman said.
-
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
May 18, 2023First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market.
-
MidCap Financial Closes $325mm Senior Revolving Credit Facility to Revlon
May 16, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $325mm senior revolving credit facility to Revlon Intermediate Holdings IV LLC. (“Revlon” or “Company”) in connection with Revlon’s successful emergence from Chapter 11.
-
Vice Media Files for Bankruptcy
May 15, 2023Vice will enter into a purchasing agreement with a number of its vendors to try and stay afloat, according to a filing in New York federal court. The group, led by Fortress Investment Group, Soros Fund Management, and Monroe Capital, will purchase Vice's assets for $225 million and take on liabilities as high as $1 billion, the filing said.
-
TPG to Acquire Angelo Gordon
May 15, 2023TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, and Angelo Gordon, a $73 billion1,2 alternative investment firm focused on credit and real estate investing, today announced that the companies have entered into a definitive agreement under which TPG will acquire Angelo Gordon in a cash and equity transaction valued at approximately $2.7 billion, based on TPG Inc.’s share price as of May 12, 2023, including an estimated $970 million in cash and up to 62.5 million common units of the TPG Operating Group and restricted stock units of TPG, in each case, subject to certain adjustments.
-
SFNet Member Spotlight: Paladin Management Group, LLC
Paladin is a middle‐market advisory firm driving value creation through consulting services. We guide middle‐market companies and their stakeholders through challenging financial, operational, and strategic transitions.
-
SFNet Partners with NYU Stern to Offer new Course - Impactful Leadership for High Potentials, Bringing a Multi-faceted Learning Experience
May 11, 2023
The Secured Finance Foundation has joined forces with NYU Stern Executive Education to bring a multi-faceted learning experience taught by NYU Professor, Nathan Pettit (pictured) coupled with real-world secured finance applications.
This two-day course, held in person at NYU Stern June 20-21, will introduce attendees to a variety of analytical frameworks while simultaneously modelling tactical approaches – all with the focus on developing leadership skills.
-
Daktronics, Inc. Strengthens Financial Position by Securing $100 Million In Capital Commitments
May 11, 2023
Closes $75 Million Senior Secured Credit Facility with JPMorgan Chase and $25 Million Convertible Note Investment with Major Shareholder Alta Fox Capital
-
EquipmentShare Closes $3 Billion Senior Secured Asset-Based Revolving Credit Facility With Capital One Bank and Announces the Successful Closing of Its Debut Bond Offering
May 10, 2023Goldman Sachs & Co. LLC acted as the lead book running manager, Wells Fargo Securities, Capital One Securities, Citigroup, Fifth Third Securities, J.P. Morgan, Mizuho, MUFG, SMBC Nikko and Truist Securities acted as joint book-running managers and Regions Securities LLC and UBS Investment Bank acted as co-managers for the successful private offering of the Notes.
-
Legacy Corporate Lending, New Asset-based Lending Company, Launches With Investment From Bain Capital Credit
May 10, 2023Legacy Corporate Lending (“Legacy”) a new asset-based lending (ABL) company, today announced its launch as an independent lender focused on serving the needs of middle market companies across North America. Legacy is launching with a significant equity investment from funds managed by a subsidiary of Bain Capital Credit, L.P., (“Bain Capital Credit”), a leading global credit specialist.
-
Heritage Global Announces New Upsized $17 Million Credit Facility with C3bank
Jun 1, 2023Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced an upsized $17 million credit facility with C3bank which includes the renewal of its existing $10 million line of credit as well as a new $7 million term loan.
-
SLR Credit Solutions Agents Term Loan and Wells Fargo Provides Line of Credit For Skullcandy®
Jun 1, 2023
Massachusetts – SLR Credit Solutions (“SLR CS”) announced the closing of a secured first lien term loan in concert with a new revolving line of credit from Wells Fargo for Skullcandy, Inc.® (“Skullcandy”) or the (“Company”).
Proceeds from the financing were used to refinance existing debt and provide enhanced flexibility.
-
Interview with Sarah House, Senior Economist for Wells Fargo’s Corporate and Investment Bank
Jun 1, 2023Sarah House is a managing director and senior economist for Wells Fargo’s Corporate and Investment Bank. Based in Charlotte, NC, she covers the U.S. macro economy, including the labor market, inflation trends, and monetary policy. Sarah frequently speaks about the economy to the national media, including The Wall Street Journal, Bloomberg News, CNBC and National Public Radio. She will be speaking at the SFNet’s Women in Secured Finance Conference on June 15.
-
MidCap Financial Closes $44mm Senior Secured Credit Facility to AleraCare
May 30, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $44mm senior secured credit facility to AleraCare Intermediate, LLC (“AleraCare” or “Company”).
-
Sparks Announced the Closing of a One-Year Extension of its $43 Million Revolving Credit Facility with Renzo Capital Corp.
May 30, 2023Renzo Capital Corp. Sparks announced the closing of a one-year extension of its $43 million revolving credit facility with Renzo Capital Corp.
-
The Use of Covenants in a Discretionary Factoring Facility
May 30, 2023
SFNet’s Crucial Conversations webinar, “The Value and Effective Use of Covenants in a Factoring Transaction,”
focused on why covenants are needed in a discretionary factoring facility; covenant types and reporting frequency; the art of picking the right covenant(s) and more. Here, panelist Hugh Larratt-Smith provides a recap of the webinar.
-
Lifecore Biomedical Enters into $150 Million New Financing Deal
May 25, 2023Lifecore Biomedical, Inc., a fully integrated contract development and manufacturing organization (CDMO), has entered into a broad set of agreements with its long-term customer, Alcon, which provides for the repayment of the company’s existing credit agreement with its current lenders and substantially increases the amount of hyaluronic acid (HA) that Lifecore is expected to supply for use in Alcon’s commercial products.
-
Valley Bank Hires Matthew Weidle to Lead Chicago and Midwest Markets
Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President.
In this new role, Weidle will focus on expanding Valley’s Commercial Banking presence in the Chicago market and Midwest region. Valley inherited the talented and well-established Commercial Banking team through Valley’s merger with Bank Leumi USA in April 2022. -
Siena Lending Group Closes A $25 Million Credit Facility To Finance Acquisition Of National Railway Equipment Co.
May 23, 2023Siena Lending Group LLC ("Siena")is pleased to announce the closing of a $25 million asset-based credit facility for TRM NRE Acquisition LLC to finance the acquisition of certain assets of National Railway Equipment Co. (“NRE” or the “Company”). Siena’s revolving credit and delayed draw term loan facility was closed in only 19 days to finance TRM Equity’s (“TRM”) purchase of certain assets of NRE and their ongoing working capital needs. Armory Securities, LLC (“Armory”) acted as the Company’s advisor on their restructuring, sale and financing.
-
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
May 22, 2023
First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor.
Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group provides casing, tubing, and line pipe products for the energy industry.
-
KKR Taps Pietrzak as Sole Global Head of Private Credit
May 22, 2023
Daniel Pietrzak, a partner at KKR & Co., has been named the alternative money manager's sole global head of private credit, a spokeswoman said in an email Friday. Mr. Pietrzak was named the sole global head following the departure of fellow partner and co-head of private credit Matthieu Boulanger to pursue other opportunities, the spokeswoman said.
-
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
May 18, 2023First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market.
-
MidCap Financial Closes $325mm Senior Revolving Credit Facility to Revlon
May 16, 2023MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $325mm senior revolving credit facility to Revlon Intermediate Holdings IV LLC. (“Revlon” or “Company”) in connection with Revlon’s successful emergence from Chapter 11.
-
Vice Media Files for Bankruptcy
May 15, 2023Vice will enter into a purchasing agreement with a number of its vendors to try and stay afloat, according to a filing in New York federal court. The group, led by Fortress Investment Group, Soros Fund Management, and Monroe Capital, will purchase Vice's assets for $225 million and take on liabilities as high as $1 billion, the filing said.
-
TPG to Acquire Angelo Gordon
May 15, 2023TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, and Angelo Gordon, a $73 billion1,2 alternative investment firm focused on credit and real estate investing, today announced that the companies have entered into a definitive agreement under which TPG will acquire Angelo Gordon in a cash and equity transaction valued at approximately $2.7 billion, based on TPG Inc.’s share price as of May 12, 2023, including an estimated $970 million in cash and up to 62.5 million common units of the TPG Operating Group and restricted stock units of TPG, in each case, subject to certain adjustments.
-
SFNet Member Spotlight: Paladin Management Group, LLC
Paladin is a middle‐market advisory firm driving value creation through consulting services. We guide middle‐market companies and their stakeholders through challenging financial, operational, and strategic transitions.
-
SFNet Partners with NYU Stern to Offer new Course - Impactful Leadership for High Potentials, Bringing a Multi-faceted Learning Experience
May 11, 2023
The Secured Finance Foundation has joined forces with NYU Stern Executive Education to bring a multi-faceted learning experience taught by NYU Professor, Nathan Pettit (pictured) coupled with real-world secured finance applications.
This two-day course, held in person at NYU Stern June 20-21, will introduce attendees to a variety of analytical frameworks while simultaneously modelling tactical approaches – all with the focus on developing leadership skills.
-
Daktronics, Inc. Strengthens Financial Position by Securing $100 Million In Capital Commitments
May 11, 2023
Closes $75 Million Senior Secured Credit Facility with JPMorgan Chase and $25 Million Convertible Note Investment with Major Shareholder Alta Fox Capital
-
EquipmentShare Closes $3 Billion Senior Secured Asset-Based Revolving Credit Facility With Capital One Bank and Announces the Successful Closing of Its Debut Bond Offering
May 10, 2023Goldman Sachs & Co. LLC acted as the lead book running manager, Wells Fargo Securities, Capital One Securities, Citigroup, Fifth Third Securities, J.P. Morgan, Mizuho, MUFG, SMBC Nikko and Truist Securities acted as joint book-running managers and Regions Securities LLC and UBS Investment Bank acted as co-managers for the successful private offering of the Notes.
-
Legacy Corporate Lending, New Asset-based Lending Company, Launches With Investment From Bain Capital Credit
May 10, 2023Legacy Corporate Lending (“Legacy”) a new asset-based lending (ABL) company, today announced its launch as an independent lender focused on serving the needs of middle market companies across North America. Legacy is launching with a significant equity investment from funds managed by a subsidiary of Bain Capital Credit, L.P., (“Bain Capital Credit”), a leading global credit specialist.