Former BlackRock executive Mark Wiedman will step in as the new president of PNC Financial Services Group, Inc. and its banking subsidiary, the corporation announced Monday.

Kashiv BioSciences, LLC (“Kashiv BioSciences” or the “Company”), a fully integrated biopharmaceutical company, today announced that it has entered into a senior secured credit agreement with GoldenTree Asset Management (“GoldenTree”) as the sole lender

Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of PAI Pharma (“PAI”) by Olympus Partners. Founded in 1968 and based in Greenville, SC, PAI is a leading US oral generic liquids manufacturer of ready-to-dose cups and oral liquids bottles.

Edge Capital Lending, LLC (“Edge”) is proud to announce its selection as one of three finalists for the Banking Tech Awards in the Innovative Use of Existing Technology category—alongside JP Morgan Chase and United Wholesale Mortgage.

SLR Credit Solutions (“SLR CS”), a leading provider of direct private credit solutions for middle market businesses, is pleased to announce the following promotion and new hires to its team. These individuals will be key contributors to the organization allowing our business to deliver innovative secured debt financings across a wide range of industries including consumer/retail, business services, specialty finance, and industrials.

Sprout Social, Inc. (SPT), a prepackaged software services company with a market capitalization of $1.15 billion and impressive revenue growth of 22% over the last twelve months, has amended its credit agreement, extending the maturity date and revising the interest rate determination method, according to a recent SEC filing.

Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the successful refinancing of the remaining $550 million principal of its original $650 million term loan, as well as its revolving credit facility, due in August 2027.

When a growing, women-owned natural beauty and cosmetics manufacturer wanted to accelerate its growth, it partnered with Republic Business Credit to reach its strategic goals. Republic provided a $2,500,000 factoring facility that refinanced its incumbent lender’s loan while providing more than $1,000,000 in additional liquidity from the manufacturer’s working capital.

​Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $6 million asset-based lending (ABL) facility for an industry leading, full service domestic and international mail service provider. The facility includes an accounts receivable revolver and a term loan secured by equipment.

Holland & Knight has significantly strengthened its leading Asset Finance Group with the addition of Mike Timpone, Kurt Plankl and Sophia Agathis as partners and Nicholas Kaasik as senior counsel in New York. They are joined by four associates.

Mayer Brown continues to expand its complex structured financing capabilities with the addition of two lawyers—Rudgee S. Charles and Jeff O'Connor—who have joined the firm’s Banking & Finance practice. Rudgee joins the firm’s New York office as a partner. Jeff joins the firm’s Chicago office, bringing decades of securitization experience.

Rand Logistics, Inc. ("Rand"), a leading provider of marine bulk freight shipping and logistics services throughout the Great Lakes region, today announced the successful completion of a $525 million credit facility through its subsidiary, Rand ASC Holdings LLC.

GoodPeak, a rapidly growing utility-scale battery energy storage and solar platform, announced today the closing of construction credit facilities with Pathward®, N.A. and BridgePeak Energy Capital, enabling commencement of construction of its first two 10-MW (2-hour duration) energy storage projects near Houston, Texas.

Sallyport Commercial Finance announced it has provided $500,000 in accounts receivable financing for a growing for a meat processor meat processing company, empowering them with the working capital required to navigate challenges and continue expanding their operations.

MidCap Business Credit LLC announced today that it has completed a $30,000,000 million asset-based credit facility to Presrite Corporation. The Business was established in 1971 and is headquartered in Cleveland, Ohio. Presrite manufactures closed-die carbon and alloy steel forgings (bearings, crankshafts, gears, drivetrains, and drilling components) for the agricultural, construction, energy, and transportation markets.

Canal Road Group, LLC (CRG) has secured a new $250 million credit facility agented by Sumitomo Mitsui Banking Corporation (SMBC). The facility will be used to employ back leverage on CRG's private credit portfolio and complements a similar $250 million facility secured from Wells Fargo in Fall 2024. The additional financing capabilities put the firm's investment capacity at $1.5 billion supporting CRG's private corporate lending strategy which predominantly targets 1st L

J D Factors provided $11,075,000 in new factoring facilities to 39 new clients in the US and Canada during the month of March.

Kirkland & Ellis announced today that Susan Burkhardt has joined the Firm as a partner in the Investment Funds Practice Group and will focus on credit funds.

J D Factors provided $11,075,000 in new factoring facilities to 39 new clients in the US and Canada during the month of March.

Libertas Funding (Libertas), a growth capital provider specializing in sophisticated financial solutions for small to medium-sized businesses, today announced the successful closing of $75 million investment-grade corporate note financing. The proceeds from this transaction will be used for liquidity and working capital purposes.