TSL Express Industry Deals
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Airwavz Announces Credit Facility Upsizing with AB Private Credit Investors
December 12, 2024Airwavz Solutions, Inc., a leading provider of wireless infrastructure solutions, today announced the successful upsizing of its existing credit facility with AB Private Credit Investors ("AB-PCI"), the middle market direct lending platform of AllianceBernstein.
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Scorpio Tankers Inc. Announces Commitments for New $500.0 Million Revolving Credit Facility
December 12, 2024Scorpio Tankers Inc. (NYSE:STNG) ("Scorpio Tankers," or the "Company") announced today that it has received commitments from a group of financial institutions for a revolving loan of up to $500.0 million (the “Revolving Credit Facility”).
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Monroe Capital Supports The Gersh Agency Inc.’s Acquisition of You First
December 12, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of You First by The Gersh Agency, Inc. (“Gersh”), a portfolio company of Crestview Partners.
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Notation Labs Secures $2 Million Credit Facility to Accelerate Production of Qwel™, a Cutting-Edge Lead Detection and Prevention System
December 11, 2024Notation Labs Inc. announced today the successful completion of a $2 million credit facility to scale up production of its innovative Qwel™ smart home device. This funding provides the company with the financial flexibility and liquidity needed to expand manufacturing capacity and meet increasing customer demand as it prepares for market launch.
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Stellus Capital Management, LLC Provides Unitranche Financing in Support of SK Capital Partners' Acquisition of Spectra Confectionary Ltd.
December 11, 2024Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of SK Capital Partners' ("SK Capital") acquisition of Spectra Confectionary ("Spectra" or the "Company"), one of Canada's largest manufacturers of premium decorative toppings and confectionery products, supplying sprinkles, chocolate vermicelli, non-pareils and sugar shapes to North America's largest food distributors, bakeries, and snack food companies.
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Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth
December 11, 2024Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced today that it has successfully closed a $150 million debt financing facility.
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Blackstone Credit & Insurance Announces Over $1 Billion in New Financings to Support Recapitalization of Jet Support Services, Inc., a Portfolio Company of GTCR and Genstar Capital
December 11, 2024Blackstone Credit & Insurance (“Blackstone”) and Jet Support Services, Inc. (“JSSI”) today announced over $1 billion in new financings to support the recapitalization of JSSI, the world’s largest independent provider of hourly cost maintenance programs for business aircraft engines, auxiliary power units, and airframes.
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Next Level Aviation® Secures $50MM Credit Facility with PNC Bank
December 11, 2024Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured a new $50MM revolving credit facility with PNC Bank with the potential to expand this facility over time as NLA grows.
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Renasant Bank's Asset-Based Lending Division Announces $63 Million in New Closings for Q4
December 10, 2024The Asset-Based Lending Division of Renasant Bank is pleased to announce three recent fundings, totaling $63 million. These new Asset-Based Lines of Credit include an $8 million facility for a modular building manufacturer, a $15 million line for a staffing company, and a facility increase from $25 million to $40 million for a provider of capital solutions to lenders. All of these companies are based in the Southeast.
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Renasant Bank's Asset-Based Lending Division Announces $63 Million in New Closings for Q4
December 10, 2024The Asset-Based Lending Division of Renasant Bank is pleased to announce three recent fundings, totaling $63 million. These new Asset-Based Lines of Credit include an $8 million facility for a modular building manufacturer, a $15 million line for a staffing company, and a facility increase from $25 million to $40 million for a provider of capital solutions to lenders. All of these companies are based in the Southeast.
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Trinity Capital Inc. Increases its Credit Facility to $600 Million
December 10, 2024Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced an increase to $600 million of total commitments under its credit facility led by KeyBank N.A.
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Healthpeak Properties Extends Its $3 Billion Revolving Credit Facility
December 10, 2024Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today that its operating partnership has amended and extended its $3 billion revolving credit facility (“Credit Facility”), as well as made conforming amendments to its outstanding term loans in connection with the Credit Facility.
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Wire 3 Secures $115 Million Credit Facility to Accelerate Fiber Network Expansion Across Florida
December 10, 2024Wire 3, a leading provider of high-speed fiber-optic internet, today announced the closing of a $115 million credit facility. The facility, led by Woodforest National Bank, CIBC, and JPMorgan, with participation from Axiom Bank, will support the continued expansion of Wire 3's state-of-the-art, 100% fiber-optic network across Florida.
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Renasant Bank's Asset-Based Lending Division Announces $63 Million in New Closings for Q4
December 10, 2024The Asset-Based Lending Division of Renasant Bank is pleased to announce three recent fundings, totaling $63 million. These new Asset-Based Lines of Credit include an $8 million facility for a modular building manufacturer, a $15 million line for a staffing company, and a facility increase from $25 million to $40 million for a provider of capital solutions to lenders. All of these companies are based in the Southeast.
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$5M Confidential Factoring Facility from eCapital Enables Turnaround for Nutraceutical Leaders
December 10, 2024eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, announces a combined $5 million confidential factoring facility to support the turnaround and growth of two nutraceutical and health supplement companies.