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Oxford Finance Provides $25.5 Million Credit Facility to PhysicianOne Urgent Care
September 10, 2019Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $25.5 million term loan and revolving line of credit to PhysicianOne Urgent Care ("PhysicianOne" or "the Company"), an operator of 18 urgent care centers in Connecticut, Massachusetts, and New York.
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CIT Leads $140 Million Financing for California Solar Project
September 10, 2019CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors.
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Weatherford Files Second Amended Plan Of Reorganization
September 10, 2019Second amended Plan of Reorganization contemplates up to $2.1 billion in post-emergence new senior unsecured notes financing and at least $600 million in post-emergence first lien revolving credit facility financing
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PG&E Files Joint Chapter 11 Plan of Reorganization
September 10, 2019PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) today filed a joint Chapter 11 Plan of Reorganization (the “Plan”) in the United States Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”).
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PennantPark Investment Corporation Announces Completion of Amended Credit Facility
September 10, 2019PennantPark Investment Corporation (“we,” “our,” “us” or "PennantPark") (PNNT) announced today that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit Facility”).
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Triumph Group Announces Pricing Of $525 Million Of 6.25% Senior Secured Notes Due 2024
September 10, 2019Triumph Group, Inc. ("Triumph") (NYSE:TGI) today announced the pricing of its previously announced offering of $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes").
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Agrios Announces Closing of First Tranche of Upsized Convertible Credit Facility
September 10, 2019Agrios Global Holdings Ltd. announces that it has increased the size of its previously announced unsecured convertible credit facility (the "Facility") from C$8,113,000 (US$6,100,000) to C$8,571,500 (US$6,444,737) .
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Aurora Cannabis Closes Expanded C$360 Million (US$280 Million) Credit Facility
September 10, 2019Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannaorldwide, is pleased to announce that it has closed its previously announced amended and bis wupsized credit facilities with a syndicate of lenders led by the Bank of Montreal ("BMO").
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Virtu Financial, Inc. Commences Marketing of Senior Secured First Lien Term Loan to Redeem Senior Secured Second Notes Due 2022
September 10, 2019Virtu Financial, Inc. (NASDAQ: VIRT) (the “Company”) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced that its subsidiaries commenced marketing of a $525.0 million senior secured first lien term loan (the “Term Loan”) due in 2026.
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Concord Serves As Exclusive Financial Advisor and Arranges $20MM in Senior Debt
September 9, 2019Concord Financial Advisors announced that is arranged a $20 million senior secured revolving line of credit for a Midwest Lighting Company. The line of credit will be used to refinance existing debt and provide additional working capital.
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First Commonwealth Bank Announces the Completion of its Acquisition of 14 Santander Bank Branches in Central Pennsylvania
September 9, 2019First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (“First Commonwealth”), completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A.
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Conway MacKenzie Launches Consumer Products Practice
September 9, 2019This team will help clients capitalize on growth opportunities and navigate challenges while facing unprecedented disruption from e-commerce, demographics trends, regulatory uncertainty, and shifts in consumer-brand relationships.
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Hilco Global Donates More Than $75,000 of Children’s Shoes to Disadvantaged Youth
September 9, 2019The in-kind donation is valued at over $75,000 at retail, and the shoes are being distributed through the Hilco Global philanthropic arm called Hilco Helps (www.hilcohelps.com).
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IES Holdings Announces Extension of Credit Agreement with Improved Terms
September 9, 2019IES Holdings, Inc. (or “IES” or the “Company”) (IESC) today announced that it has entered into an amendment to its credit agreement with Wells Fargo Bank, National Association.
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VMAC Holdings Announces New $5 Million Line of Credit Facility
September 9, 2019VMAC Holdings LLC, a national owner and operator of rideshare, microtransit, and Transportation as a Service fleets, today announced the closing of a $5 million line of credit facility with Mercedes-Benz Financial Services USA LLC, a leading, captive financial services provider within the Daimler Mobility AG group of companies
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King & Spalding’s New York Office Adds Corporate Partner Jonathan Arkins
September 9, 2019King & Spalding today announced that Jonathan Arkins has joined as a partner in the firm’s Corporate, Finance and Investments (CFI) practice group in its New York office.
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Artis Trade Systems Continues Rapid Growth
September 9, 2019Artis Trade Systems (“Artis”) continues its rapid growth as it added another client to ArtisPay©, Artis’ Supply Chain Finance (SCF) software platform. On August 28th, Artis entered into an agreement with an independent lender based out of Austin, TX.
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Allied Affiliated Funding Announces Closed Transaction
September 9, 2019Allied Affiliated Funding, a division of Axiom Bank, N.A. provided $1,500,000 in receivables financing to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies and $150,000 in receivables financing to a Texas-based start-up.
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Rosenthal Provides $3M PO Finance Facility for Women's Footwear Importer
September 9, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million inventory production finance deal for an iconic importer of women’s footwear.
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Sallyport Commercial Finance Supports a Manufacturer in the Food and Beverage Industry
September 9, 2019With Sallyport’s assistance, the company intends to expand their product line and progress into other major Canadian retailers. Sallyport Commercial Finance is excited to collaborate with this company as they continue to fulfill their Hopes and Dreams and provide their customers with the “perfect tortilla.”
-
Oxford Finance Provides $25.5 Million Credit Facility to PhysicianOne Urgent Care
September 10, 2019Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $25.5 million term loan and revolving line of credit to PhysicianOne Urgent Care ("PhysicianOne" or "the Company"), an operator of 18 urgent care centers in Connecticut, Massachusetts, and New York.
-
CIT Leads $140 Million Financing for California Solar Project
September 10, 2019CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors.
-
Weatherford Files Second Amended Plan Of Reorganization
September 10, 2019Second amended Plan of Reorganization contemplates up to $2.1 billion in post-emergence new senior unsecured notes financing and at least $600 million in post-emergence first lien revolving credit facility financing
-
PG&E Files Joint Chapter 11 Plan of Reorganization
September 10, 2019PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) today filed a joint Chapter 11 Plan of Reorganization (the “Plan”) in the United States Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”).
-
PennantPark Investment Corporation Announces Completion of Amended Credit Facility
September 10, 2019PennantPark Investment Corporation (“we,” “our,” “us” or "PennantPark") (PNNT) announced today that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit Facility”).
-
Triumph Group Announces Pricing Of $525 Million Of 6.25% Senior Secured Notes Due 2024
September 10, 2019Triumph Group, Inc. ("Triumph") (NYSE:TGI) today announced the pricing of its previously announced offering of $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes").
-
Agrios Announces Closing of First Tranche of Upsized Convertible Credit Facility
September 10, 2019Agrios Global Holdings Ltd. announces that it has increased the size of its previously announced unsecured convertible credit facility (the "Facility") from C$8,113,000 (US$6,100,000) to C$8,571,500 (US$6,444,737) .
-
Aurora Cannabis Closes Expanded C$360 Million (US$280 Million) Credit Facility
September 10, 2019Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannaorldwide, is pleased to announce that it has closed its previously announced amended and bis wupsized credit facilities with a syndicate of lenders led by the Bank of Montreal ("BMO").
-
Virtu Financial, Inc. Commences Marketing of Senior Secured First Lien Term Loan to Redeem Senior Secured Second Notes Due 2022
September 10, 2019Virtu Financial, Inc. (NASDAQ: VIRT) (the “Company”) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced that its subsidiaries commenced marketing of a $525.0 million senior secured first lien term loan (the “Term Loan”) due in 2026.
-
Concord Serves As Exclusive Financial Advisor and Arranges $20MM in Senior Debt
September 9, 2019Concord Financial Advisors announced that is arranged a $20 million senior secured revolving line of credit for a Midwest Lighting Company. The line of credit will be used to refinance existing debt and provide additional working capital.
-
First Commonwealth Bank Announces the Completion of its Acquisition of 14 Santander Bank Branches in Central Pennsylvania
September 9, 2019First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (“First Commonwealth”), completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A.
-
Conway MacKenzie Launches Consumer Products Practice
September 9, 2019This team will help clients capitalize on growth opportunities and navigate challenges while facing unprecedented disruption from e-commerce, demographics trends, regulatory uncertainty, and shifts in consumer-brand relationships.
-
Hilco Global Donates More Than $75,000 of Children’s Shoes to Disadvantaged Youth
September 9, 2019The in-kind donation is valued at over $75,000 at retail, and the shoes are being distributed through the Hilco Global philanthropic arm called Hilco Helps (www.hilcohelps.com).
-
IES Holdings Announces Extension of Credit Agreement with Improved Terms
September 9, 2019IES Holdings, Inc. (or “IES” or the “Company”) (IESC) today announced that it has entered into an amendment to its credit agreement with Wells Fargo Bank, National Association.
-
VMAC Holdings Announces New $5 Million Line of Credit Facility
September 9, 2019VMAC Holdings LLC, a national owner and operator of rideshare, microtransit, and Transportation as a Service fleets, today announced the closing of a $5 million line of credit facility with Mercedes-Benz Financial Services USA LLC, a leading, captive financial services provider within the Daimler Mobility AG group of companies
-
King & Spalding’s New York Office Adds Corporate Partner Jonathan Arkins
September 9, 2019King & Spalding today announced that Jonathan Arkins has joined as a partner in the firm’s Corporate, Finance and Investments (CFI) practice group in its New York office.
-
Artis Trade Systems Continues Rapid Growth
September 9, 2019Artis Trade Systems (“Artis”) continues its rapid growth as it added another client to ArtisPay©, Artis’ Supply Chain Finance (SCF) software platform. On August 28th, Artis entered into an agreement with an independent lender based out of Austin, TX.
-
Allied Affiliated Funding Announces Closed Transaction
September 9, 2019Allied Affiliated Funding, a division of Axiom Bank, N.A. provided $1,500,000 in receivables financing to a Florida-based company that has been in business for over a decade, designing and assembling communication systems for the government and large, commercial companies and $150,000 in receivables financing to a Texas-based start-up.
-
Rosenthal Provides $3M PO Finance Facility for Women's Footwear Importer
September 9, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, today announced the completion of a recent $3 million inventory production finance deal for an iconic importer of women’s footwear.
-
Sallyport Commercial Finance Supports a Manufacturer in the Food and Beverage Industry
September 9, 2019With Sallyport’s assistance, the company intends to expand their product line and progress into other major Canadian retailers. Sallyport Commercial Finance is excited to collaborate with this company as they continue to fulfill their Hopes and Dreams and provide their customers with the “perfect tortilla.”
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