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Monroe Capital Supports Insight Partners’ Acquisition of Recorded Future
July 23, 2019Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.
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Avidbank Holdings, Inc. Announces Net Income of $3,183,000 for the Second Quarter of 2019
July 23, 2019Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,183,000 for the second quarter of 2019 compared to $2,666,000 for the same period in 2018.
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Equiniti Riskfactor Appoints Michael Stock as Head of Operations
July 23, 2019Michael Stock joins as Head of Operations from ABN AMRO to lead on operational management. Equiniti Riskfactor gains seven new clients in past year in North American market as it continues to succeed in its global growth strategy.
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CIT Announces Expanded Asset Management Capabilities
July 22, 2019CIT Group Inc. (NYSE: CIT) announced an expansion of its investment management and advisory capabilities that provides increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors.
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Gulf Coast Business Credit Welcomes 2019 Summer Interns
July 22, 2019GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC.
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North Mill Capital LLC Announces the Addition of Tammy Bowling, as its Vice President, Invoice Based Financing, East Coast Director
July 22, 2019Prior to joining North Mill, Bowling worked at Riviera Finance. She has over 22 years of lending experience ranging from underwriting to senior account executive.
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Abacus Finance Announces a Further Expansion of its Team With the Hiring of Two New Investment Professionals
July 22, 2019Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced the hiring of Seth I. Friedman as a managing director and Austin Rendell as an analyst.
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MidCap Business Credit Closes on a $2,000,000 Asset Based Credit Facility for Pavement Corporation
July 22, 2019MidCap Business Credit announced today they have closed on a $2,000,000 asset-based credit facility for Pavement Corporation, a portfolio company of Vicour and Spring Capital Partners out of Baltimore, MD.
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Rosenthal Provides $3M PO Finance Facility for NY-Based Importer
July 22, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent $3 million inventory production finance deal for an importer of dinnerware and glassware.
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CUMULUS MEDIA Makes $50 Million Voluntary Debt Prepayment
July 22, 2019With this prepayment, the Company has reduced its debt by approximately $250 million since emerging from Chapter 11 on June 4, 2018, bringing the Company’s total debt to approximately $1.05 billion.
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Global Eagle Announces $61 Million of Additional Liquidity
July 22, 2019Global Eagle Entertainment Inc., a leading provider of media, content, and connectivity to markets across air, sea and land, today announced that it has completed a $40 million upsizing of its Senior Secured Term Loan due 2023, as well as an amendment to its Term Loan.
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Piper Jaffray Announces the Addition of its CD and Structured Note Underwriting Business
July 22, 2019Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm announced the addition of its CD and Structured Note underwriting business with the arrival of Ardi Baniahmad, Josh Brenner, Rick Cabanes and Meghan Greenwood, formerly of First Empire.
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Stifel Launches Venture Banking & Lending Group to Serve U.S. Innovation Ecosystem
July 22, 2019Stifel Financial Corp. (NYSE: SF) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers.
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Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution
July 22, 2019Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility.
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Northeast Bank Announces Appointment of Salvatore Salzillo as Senior Vice President, Business Development
July 11, 2019He comes to Northeast Bank with over thirty years of commercial lending experience including real estate, lender and corporate finance.
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Antares Leads Financing to Support New Mountain’s Acquisition of W2O
July 9, 2019Antares announced today that it served as a lead arranger and is acting as administrative agent for a senior secured credit facility to support the acquisition of W2O by New Mountain.
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Bank of Southern California Names Robby Piper Senior Managing Director
July 2, 2019Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Robby Piper has joined the company as Senior Managing Director, Business Banking
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Dean Foods Successfully Increases Availability Under Its Revolving Credit Facility
July 2, 2019Dean Foods Company (DF) announced it has successfully increased the Company's borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.
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U.S. Bank Names Joshua Shade Arizona Market President
July 1, 2019Shade succeeds Brian Schwallie, who was promoted within the company.
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Acerus Announces Amendment to Term Loan Credit Facility
July 1, 2019Acerus Pharmaceuticals Corporation (TSX:ASP, OTCQB: ASPCF) (“Acerus” or the “Company”) today announced that it entered into an amended agreement related to its existing credit facility with SWK Funding LLC (“SWK”).
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Monroe Capital Supports Insight Partners’ Acquisition of Recorded Future
July 23, 2019Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.
-
Avidbank Holdings, Inc. Announces Net Income of $3,183,000 for the Second Quarter of 2019
July 23, 2019Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,183,000 for the second quarter of 2019 compared to $2,666,000 for the same period in 2018.
-
Equiniti Riskfactor Appoints Michael Stock as Head of Operations
July 23, 2019Michael Stock joins as Head of Operations from ABN AMRO to lead on operational management. Equiniti Riskfactor gains seven new clients in past year in North American market as it continues to succeed in its global growth strategy.
-
CIT Announces Expanded Asset Management Capabilities
July 22, 2019CIT Group Inc. (NYSE: CIT) announced an expansion of its investment management and advisory capabilities that provides increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors.
-
Gulf Coast Business Credit Welcomes 2019 Summer Interns
July 22, 2019GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC.
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North Mill Capital LLC Announces the Addition of Tammy Bowling, as its Vice President, Invoice Based Financing, East Coast Director
July 22, 2019Prior to joining North Mill, Bowling worked at Riviera Finance. She has over 22 years of lending experience ranging from underwriting to senior account executive.
-
Abacus Finance Announces a Further Expansion of its Team With the Hiring of Two New Investment Professionals
July 22, 2019Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced the hiring of Seth I. Friedman as a managing director and Austin Rendell as an analyst.
-
MidCap Business Credit Closes on a $2,000,000 Asset Based Credit Facility for Pavement Corporation
July 22, 2019MidCap Business Credit announced today they have closed on a $2,000,000 asset-based credit facility for Pavement Corporation, a portfolio company of Vicour and Spring Capital Partners out of Baltimore, MD.
-
Rosenthal Provides $3M PO Finance Facility for NY-Based Importer
July 22, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent $3 million inventory production finance deal for an importer of dinnerware and glassware.
-
CUMULUS MEDIA Makes $50 Million Voluntary Debt Prepayment
July 22, 2019With this prepayment, the Company has reduced its debt by approximately $250 million since emerging from Chapter 11 on June 4, 2018, bringing the Company’s total debt to approximately $1.05 billion.
-
Global Eagle Announces $61 Million of Additional Liquidity
July 22, 2019Global Eagle Entertainment Inc., a leading provider of media, content, and connectivity to markets across air, sea and land, today announced that it has completed a $40 million upsizing of its Senior Secured Term Loan due 2023, as well as an amendment to its Term Loan.
-
Piper Jaffray Announces the Addition of its CD and Structured Note Underwriting Business
July 22, 2019Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm announced the addition of its CD and Structured Note underwriting business with the arrival of Ardi Baniahmad, Josh Brenner, Rick Cabanes and Meghan Greenwood, formerly of First Empire.
-
Stifel Launches Venture Banking & Lending Group to Serve U.S. Innovation Ecosystem
July 22, 2019Stifel Financial Corp. (NYSE: SF) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers.
-
Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution
July 22, 2019Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility.
-
Northeast Bank Announces Appointment of Salvatore Salzillo as Senior Vice President, Business Development
July 11, 2019He comes to Northeast Bank with over thirty years of commercial lending experience including real estate, lender and corporate finance.
-
Antares Leads Financing to Support New Mountain’s Acquisition of W2O
July 9, 2019Antares announced today that it served as a lead arranger and is acting as administrative agent for a senior secured credit facility to support the acquisition of W2O by New Mountain.
-
Bank of Southern California Names Robby Piper Senior Managing Director
July 2, 2019Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Robby Piper has joined the company as Senior Managing Director, Business Banking
-
Dean Foods Successfully Increases Availability Under Its Revolving Credit Facility
July 2, 2019Dean Foods Company (DF) announced it has successfully increased the Company's borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.
-
U.S. Bank Names Joshua Shade Arizona Market President
July 1, 2019Shade succeeds Brian Schwallie, who was promoted within the company.
-
Acerus Announces Amendment to Term Loan Credit Facility
July 1, 2019Acerus Pharmaceuticals Corporation (TSX:ASP, OTCQB: ASPCF) (“Acerus” or the “Company”) today announced that it entered into an amended agreement related to its existing credit facility with SWK Funding LLC (“SWK”).
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