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Dwight Funding Deploys $250MM Across Consumer Brand Portfolio
November 8, 2024Dwight Funding ("Dwight"), an asset-based lender specializing in growth-stage consumer brands, has deployed $250 million of credit commitments year to date, including several multi-million
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Dext Capital Issues Corporate Note
November 8, 2024Dext Capital (Dext), the leading essential-use healthcare and technology equipment lessor, announced the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.
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Horizon Technology Finance Provides $10 Million Venture Loan Facility to Ursa Space Systems
November 8, 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 Ursa Space Systems Inc. (“Ursa Space”).
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Sunrise Realty Trust Announces the Successful Closing of a Senior Revolving Credit Facility up to $200 Million with an Initial $50 Million Commitment from East West Bank
November 8, 2024Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) today announced the successful closing of a new senior secured revolving credit facility with East West Bank serving as agent and the initial lender (the “Revolving Credit Facility”).
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Ocugen Secures $30 Million in Debt Funding
November 8, 2024Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today announced that on November 6, 2024, the Company entered into a new $30 million credit facility with Avenue Venture Opportunities Fund, L.P., a fund of Avenue Capital Group.
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REV Capital Provides $15MM Facility to Prominent Canadian Transportation Client
November 8, 2024REV Capital (“REV”), a leading provider of cashflow solutions to growing companies in North America, announced the successful implementation of a $15MM factoring facility to a prominent transportation company in Ontario.
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Hedaya Capital Provides $750,000 Facility to Disability-Owned Business Enterprise
November 7, 2024The Hedaya Capital Group recently provided a $750,000 factoring facility to an established staffing company based in New Jersey but operating nationwide. The Disability-Owned Business Enterprise (DOBE) provides temporary business professionals for the information technology, business services, engineering, manufacturing, scientific, healthcare, legal, and finance industries across multiple verticals through a centralized recruiting and delivery model.
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Orthofix Announces New Term Loan
November 7, 2024Orthofix Medical Inc. (NASDAQ:OFIX), a leading global medical technology company, today announced the entry into a new credit agreement providing the Company with up to $275 million in a senior-secured term loan with a 48-month interest only period.
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Legacy Corporate Lending Expands Spray Products Corporation’s Borrowing Capacity with $40 Million Asset-Based Credit Facility
November 7, 2024Legacy Corporate Lending, LLC (“Legacy”), a leading independent asset-based lending (ABL) company, today announced that it provided a $40 million asset-based credit facility to Spray Products Corporation (“Spray Products” or the “Company”), a family-owned contract manufacturer of aerosol and liquid consumer products.
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Brightwood and PhenixFIN Provide Senior Secured Credit Facility and Preferred Equity Facility to Support the Refinancing of MB Precision Investment Holdings LLC
November 7, 2024Brightwood Capital Advisors, LLC (“Brightwood”), a private credit firm, and PhenixFIN Corporation (“PhenixFIN”), a publicly traded business development company (NASDAQ: PFX), today announced that they have partnered with Insight Equity (“Insight”) to provide a senior secured credit facility and preferred equity facility to support the refinancing of MB Precision Investment Holdings LLC (“Precision” or the “Company”) d/b/a Midstate Machine.
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Monroe Capital Closes Inaugural $315 Million Collateralized Fund Obligation
November 7, 2024Monroe Capital LLC (“Monroe”) today announced the closing of its inaugural collateralized fund obligation (“CFO”) known as Monroe Capital CFO I, Ltd. The $315 million CFO provides investors access to a diversified portfolio of Monroe’s strategies, including Monroe’s flagship senior secured direct lending and alternative credit solutions platforms, in both rated and non-rated securities.
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Garnet Capital Closes Sale of $54 Million C&I Loan Portfolio
November 7, 2024Garnet Capital Advisors, a leading loan sale advisor, is pleased to announce the successful sale of a $54 million C&I loan portfolio on behalf of one of the 25 largest commercial U.S. financial holding companies.
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Indivior Extends Its Debt Maturity With Refinancing of Term Loan
November 6, 2024Indivior Plc has entered into a refinancing agreement that would allow it to push back the maturity on its existing term loan with new six-year debt facilities.
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Curaleaf Secures New $40 Million Revolving Credit Facility
November 6, 2024Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced it successfully completed a new $40 million revolving credit facility with a major commercial regional bank. The credit line will be available to be drawn down as needed for general corporate purposes and working capital needs.
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Silgan Announces Completion of Amendment to Senior Secured Credit Facility
November 6, 2024Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has completed an amendment to its existing senior secured credit facility.