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Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
December 19, 2024Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility").
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Pathward Lends $21.6 Million to Furniture and Lifestyle Goods Manufacturer
December 19, 2024The Commercial Finance division of Pathward®, N.A., announces the closing of a $20 million asset-based revolving loan supported by accounts receivable and inventory and a $1.6 million term loan to Michigan-based company manufacturing lifestyle goods in the recreational pool and indoor/outdoor furniture segments.
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Pathward Lends $15 Million to Transportation Parts Distributor to Provide Working Capital
December 19, 2024The Commercial Finance division of Pathward®, N.A., today announced a $15 million asset-based revolving line of credit to a transportation parts distributor headquartered in Virginia. The company needed a lender that could provide an increase in liquidity and stability, as they continue to grow.
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Briar Capital Real Estate Fund Provides $10.8MM Commercial Real Estate loan to an Industrial Tool Supplier
December 19, 2024Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $10.8MM commercial real estate loan to a 30+ year old industrial tool supplier in Georgia.
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Siena Lending Group and Great Rock Capital Increase and Extend $130MM Senior Credit Facility to SkyWater Technology
December 19, 2024Siena Lending Group LLC ("Siena") and Great Rock Capital ("Great Rock") closed a $130MM Senior Credit Facility for SkyWater Technology, a U.S.-based semiconductor manufacturer and a DMEA-accredited Category 1A Trusted Supplier.
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NXT Capital Closes Senior Credit Facility in Support of Broad Sky Partners’ Acquisition of Frontline Managed Services
December 19, 2024NXT Capital announced today that it closed a senior credit facility in support of Broad Sky Partners’ acquisition of Frontline Managed Services. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
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Summit Broadband Secures Additional $100 Million for Florida Expansion
December 19, 2024Summit Broadband, a leading fiber-optics telecommunications provider in Florida, announced the successful closing of an incremental $100 million debt facility and term expansion with Brookfield Asset Management ("Brookfield").
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Vesta Announces Closing of US$545 Million Global Syndicated Sustainable Credit Facility Including US$200 Million Revolving Credit Facility
December 19, 2024Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (BMV: Vesta; NYSE: VTMX), a leading industrial real estate company in Mexico, announced today that is has closed the previously announced US $545 million Global Syndicated Sustainable Credit Facility (the "Facility") comprised of a US $345 million term loan available through two tranches, for three and five years, with an 18-month availability period and a US $200 million Revolving Credit Facility, substituting the Company’s prior US $200 million in-place un-drawn Revolving Credit Facility.
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MONTICELLOAM, LLC, Huntington National Bank Provide $400M to Refinance Skilled Nursing Portfolio
December 19, 2024MONTICELLOAM, LLC (“MonticelloAM”) announced the closing of a $400,000,000 bridge loan for a 29-facility skilled nursing portfolio. A MonticelloAM firm affiliate acted as Agent, with Huntington National Bank as joint lead arranger. The financing comprised over 2,900 beds across Kentucky and Tennessee.
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B. Riley Securities Serves as Sole Bookrunner to Roman DBDR Acquisition Corp. II in Connection with its $200 Million Initial Public Offering
December 19, 2024B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as sole bookrunner to Roman DBDR Acquisition Corp. II (“Roman” or the “Company”) on its $200 million initial public offering.
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Hedaya Capital Provides $2.5 Million Factoring Facility to Help Family Business Expand
December 19, 2024The Hedaya Capital Group recently provided a $2.5 million factoring facility to a New Jersey-based high-end golf apparel brand that prioritizes the consumers’ athletic nature but can be worn for many engagements: athletic, personal, and professional.
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Amerisource Business Capital Closes a $3,500,000 Working Capital Facility for Industrial Coatings Firm
December 19, 2024Amerisource Business Capital is pleased to announce the successful closing and funding of a $3,500,000 working capital facility for an Oklahoma-based industrial coatings company serving diverse industries.
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Horizon Technology Finance Provides $10 Million Venture Loan Facility to Finexio
December 19, 2024Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $10 million venture loan facility to OneNetwork, Inc. dba Finexio, of which $5 million has been initially funded.
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CIBC Innovation Banking Provides Growth Capital to AI-Powered Go-to-Market Platform Landbase
December 19, 2024CIBC Innovation Banking has provided growth capital financing to Landbase, an AI-powered go-to-market automation platform. The funding will support Landbase's growth plans and product development.
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Soleno Therapeutics Enters Into $200 Million Debt Financing with Oxford Finance LLC
December 19, 2024Soleno Therapeutics, Inc. (Soleno) (NASDAQ: SLNO), a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, today announced it has entered into a loan and security agreement with Oxford Finance LLC and its affiliates (Oxford) for up to $200 million.