NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it has entered into a new credit agreement (“Agreement”) effective June 20, 2025, which includes a $150 million revolving loan facility, replacing the Company’s previous asset-based revolving credit facility.

Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, KeyBank and Wells Fargo participated in the syndicated credit facility, according to a statement. The company didn’t provide an exact rate that it’s paying for the debt, but did say that it’s down dramatically from prior debt raises in the industry, a sign that banks are getting more comfortable with the asset class.

Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to K2view, an enterprise data management innovator powering operational data products for generative AI.

In a dynamic demonstration of how intellectual property (IP) can be leveraged as a powerful financing asset, Fallingst Technologies LLC, alongside lending partner ABL OPCO LLC (d/b/a Mountain Ridge Capital, “MRC”) and capital markets advisory firm AOL Sourcing, announced today the successful closing of a $5 million structured capital facility for Strider Fitness Ventures LLC (“Strider Fitness”).

O’Melveny announced today the formation of its new cross-disciplinary Special Credit & Liability Management Group, reflecting growing client demand for integrated, end-to-end support across the credit cycle, particularly as capital solutions become increasingly complex and bespoke.

SLR Business Credit, a leading asset-based lender serving middle market companies, is proud to announce the closing of a $1 million line of credit for a growing healthier-for-you snack bar company. The senior secured line of credit provides the company with the working capital needed to scale their operations and meet increasing demand.

First Citizens Bank today announced that its Healthcare Finance business arranged $270 million in financing to support the acquisition of 30 healthcare facilities across Idaho, Oregon, Washington, Montana and Arizona.

SSG Capital Advisors, LLC (“SSG”) served as investment banker to Winona Foods, Inc. (“Winona Foods” or the “Company”) in the sale of its cheese processing division. The transaction closed in June 2025.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $1 million purchase order financing facility for a large golf apparel and accessories company.

SFNet Secured Finance Certified Professional (SFCP) program, offered to employees of SFNet members, features a robust curriculum of live online courses. Certification criteria are designed to reinforce industry excellence, elevate professional standing, and propel careers forward. Here, we spotlight one of our first SFCPs, Olivia Hudson, portfolio manager at Sallyport Commercial Finance, LLC.

Gibraltar Business Capital (GBC) has increased its asset-based line of credit for Prodigy Health, a rapidly growing specialty pharmaceutical distributor, marking the latest milestone in a partnership characterized by thorough diligence, innovative structuring, and a commitment to client success.

Latham & Watkins LLP is pleased to announce that Zachary S. Podolsky has joined the firm’s New York office as a partner in the Mergers & Acquisitions and Private Equity Practice. Podolsky advises public and private companies, boards of directors, and special committees in negotiated and hostile M&A transactions. He also has extensive experience in securities law matters, corporate governance, and shareholder activism and takeover defense.

Natural Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced the execution of an amended credit facility with Wells Fargo Bank, NA (“Wells Fargo”).

WhiteFiber, Inc. ("WhiteFiber"), the wholly-owned HPC subsidiary of Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced entry into a definitive credit agreement with the Royal Bank of Canada ("RBC"), the largest bank in Canada, to finance its data centers business.

Altriarch Asset Management (“Altriarch”) is pleased to announce the closing of a $15 million senior secured revolving credit facility for Bigfoot Capital, LLC (“Bigfoot”). The facility includes a $10 million accordion feature, allowing for expansion up to $25 million.

WhiteHawk Capital Partners has provided a $70 million senior secured term loan to an online grocer focused on providing fresh, high-quality, and locally sourced products to customers. The Company has long-standing relationships with local farms, fishermen, and bakeries to deliver products multiple days fresher than traditional retailers.

- British Columbia Investment Management Corporation (“BCI”), one of Canada’s largest institutional investors, today announced it has completed a US$200 million anchor investment in the newly launched, Europe-focused, Arini Direct Lending Fund (“the Fund”) as part of the recently announced alliance between Arini Capital Management and Lazard, Inc. (the “Alliance”) to provide bespoke direct lending solutions to mid-market companies across Europe.

Perkins Coie is pleased to announce that Sarah Bowman has joined the firm's Private Client Services practice as a partner in the Seattle office. Sarah focuses on sophisticated estate planning, estate and trust administration, and family office structuring for high-net-worth families.

MidCap Business Credit LLC (“MBC”) is pleased to announce the closing of a $16 million asset-based revolving and term loan credit facility for a privately held frac sand manufacturer based in the Midwest.

Lighthouse Financial Corp. is pleased to announce the completion of a $2,750,000 revolving line of credit to a New Jersey-based manufacturer and distributor of all-natural pest repellants. The company's passion is creating plant-based pest control products that offer uncompromised product performance and are safe for your family and the planet.