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Home > Chapters > Canada > News Detail
  • First Business Bank Funds $7.5 Million Factoring Facility For Outdoor Lighting Manufacturer
    March 25, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround.
  • Cadence Bank Receives Regulatory Approvals for its Merger with FCB Financial Corp.
    March 25, 2025
    Cadence Bank (NYSE: CADE) announced it has received all regulatory approvals to complete its proposed merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank.
  • Winston & Strawn Expands Leveraged Finance Group with Addition of Andrew Jacobs in New York
    March 25, 2025
    Winston & Strawn announced today the addition of Andrew Jacobs to the firm’s New York office. He joins the firm’s Transactions Department as a partner in the Finance Practice.
  • Attorney Alexander D. Schultheis Joins Cohn & Dussi as Senior Associate
    March 25, 2025
    Cohn & Dussi, a full-service law firm with its principal office in Boston, is pleased to welcome Alexander D. Schultheis to the firm as Senior Associate. Schultheis is a commercial attorney and litigator specializing in corporate law, financing, and real estate.
  • Monroe Capital Supports Fusion Capital Partners’ Acquisition of Tavoron Holdings, Inc.
    March 25, 2025
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Tavoron Holdings, Inc. (“Tavoron”) by Fusion Capital Partners.
  • Mesirow Expands Alternative Credit Team with Three Strategic Hires
    March 25, 2025
    Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow's commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
  • Torq Resources to Raise C$2 Million, Settle Debts and Extends Credit Facility
    March 24, 2025
    Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") announces that it is undertaking a non-brokered private placement of 33.33 million equity units of the Company (the "Units") at an offering price of CAD$0.06 per Unit for gross proceeds to the Company of $2 million (the "Offering").
  • Yara Refinances Revolving Credit Facility With 11 Banks
    March 24, 2025
    Yara has signed a USD 1,400 million multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.
  • InterNex Capital Announces $2.5 Million Facility to Electrical Maintenance Company
    March 24, 2025
    ​A long tenured and leading NYC based electrical maintenance company needed an innovative lender who possessed a deep knowledge of their industry and who could provide structural flexibility.
  • Versant Funds $3 Million Non-Recourse Factoring Facility to Housewares Designer & Distributor
    March 24, 2025
    Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring facility to a company which designs and distributes housewares through major grocery and retail channels.
  • Clarus Capital Closes $17 Million Loan Financing for Publicly Traded Energy Services Provider
    March 24, 2025
    Clarus Capital (“Clarus”) announced today the successful completion of a new $17 million loan facility for a publicly traded energy services provider. Funding proceeds will be used to acquire new storage equipment servicing a longstanding contract with one of the company’s key customers.
  • 23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
    March 24, 2025
    23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business.
  • KeyBank's Commitment to Building Relationships with Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards from Coalition Greenwich
    March 24, 2025
    KeyBank (NYSE: KEY) is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key's sophisticated platform and depth of expertise for growth companies as well as its commitment to helping small businesses grow and run better.
  • Wingspire Capital Provides a Revolver to Halo Dream To Support Acquisition of Baby Merlin
    March 24, 2025
    Wingspire Capital is pleased to provide a senior secured revolving credit facility to HALO Dream Inc. to support its acquisition of Baby Merlin, expanding its offering of baby sleepwear products.
  • Liberty Leasing Accelerates their Digital Transformation with Lendscape’s AI-ready Contract Management Platform
    March 24, 2025
    Liberty Leasing, a leading independent asset finance provider, has chosen Lendscape as its new contract management platform, accelerating its digital transformation journey with cutting-edge, AI-ready technology. By adopting Lendscape’s purpose-built, API-first asset finance platform, Liberty joins a growing roster of forward-thinking finance providers choosing to future-proof their operations and enhance the lending experience.
  • Runway Growth Extends Credit Facility and Enhances Governance Profile
    March 24, 2025
    Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided two operational updates.
  • Spencer Fane Gains Multi-Practice Partner in St. Louis, Expands Financial Services and Corporate Transactions Practices
    March 24, 2025
    Spencer Fane LLP is pleased to announce John G. Willard joined the firm’s St. Louis office as a partner in the Banking and Financial Services and Corporate and Business Transactions practice groups, which continue to experience rapid but measured growth in response to increased client needs. Since late August, Spencer Fane has added 25 attorneys in these practice areas across 11 different markets.
  • FalconX Launches First Tokenized Structured Credit Facility
    March 24, 2025
    Structured credit has long been the backbone of global fixed-income markets, enabling institutions to efficiently finance lending activities. Yet, in crypto, institutional-grade credit remains largely untapped—until now.
  • MidCap Advisors Welcomes Lisa Sonneborn as Healthcare Senior Advisor
    March 24, 2025
    MidCap Advisors, a premier middle-market investment banking firm specializing in mergers and acquisitions, is pleased to announce that Lisa Sonneborn, MA, LMHC has joined the firm as a Healthcare Senior Advisor, enhancing its healthcare advisory services.
  • Tripadvisor Announces Close on Term Loan B Facility
    March 24, 2025
    Tripadvisor, Inc. (NASDAQ: TRIP) announced today that it has successfully closed a tack-on term loan B facility in the amount of $350.0 million pursuant to a Second Amendment to its Credit Agreement, dated as of June 26, 2015, as amended and restated.
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  • First Business Bank Funds $7.5 Million Factoring Facility For Outdoor Lighting Manufacturer
    March 25, 2025
    First Business Bank’s Accounts Receivable Financing group announces the funding of a $7.5 million factoring facility for a manufacturer of outdoor lighting products in the midst of a turnaround.
  • Cadence Bank Receives Regulatory Approvals for its Merger with FCB Financial Corp.
    March 25, 2025
    Cadence Bank (NYSE: CADE) announced it has received all regulatory approvals to complete its proposed merger with FCB Financial Corp., the bank holding company for First Chatham Bank, a Savannah, Georgia-based community bank.
  • Winston & Strawn Expands Leveraged Finance Group with Addition of Andrew Jacobs in New York
    March 25, 2025
    Winston & Strawn announced today the addition of Andrew Jacobs to the firm’s New York office. He joins the firm’s Transactions Department as a partner in the Finance Practice.
  • Attorney Alexander D. Schultheis Joins Cohn & Dussi as Senior Associate
    March 25, 2025
    Cohn & Dussi, a full-service law firm with its principal office in Boston, is pleased to welcome Alexander D. Schultheis to the firm as Senior Associate. Schultheis is a commercial attorney and litigator specializing in corporate law, financing, and real estate.
  • Monroe Capital Supports Fusion Capital Partners’ Acquisition of Tavoron Holdings, Inc.
    March 25, 2025
    Monroe Capital LLC announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the acquisition of Tavoron Holdings, Inc. (“Tavoron”) by Fusion Capital Partners.
  • Mesirow Expands Alternative Credit Team with Three Strategic Hires
    March 25, 2025
    Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow's commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
  • Torq Resources to Raise C$2 Million, Settle Debts and Extends Credit Facility
    March 24, 2025
    Torq Resources Inc. (TSXV:TORQ)(OTCQB:TRBMF) ("Torq" or the "Company") announces that it is undertaking a non-brokered private placement of 33.33 million equity units of the Company (the "Units") at an offering price of CAD$0.06 per Unit for gross proceeds to the Company of $2 million (the "Offering").
  • Yara Refinances Revolving Credit Facility With 11 Banks
    March 24, 2025
    Yara has signed a USD 1,400 million multicurrency revolving credit facility with a syndicate of 11 banks. The facility matures in March 2030, with options for extension until March 2032 on certain terms. The facility replaces an existing facility due to expire in July 2026.
  • InterNex Capital Announces $2.5 Million Facility to Electrical Maintenance Company
    March 24, 2025
    ​A long tenured and leading NYC based electrical maintenance company needed an innovative lender who possessed a deep knowledge of their industry and who could provide structural flexibility.
  • Versant Funds $3 Million Non-Recourse Factoring Facility to Housewares Designer & Distributor
    March 24, 2025
    Versant Funding LLC is pleased to announce it has funded a $3 million non-recourse factoring facility to a company which designs and distributes housewares through major grocery and retail channels.
  • Clarus Capital Closes $17 Million Loan Financing for Publicly Traded Energy Services Provider
    March 24, 2025
    Clarus Capital (“Clarus”) announced today the successful completion of a new $17 million loan facility for a publicly traded energy services provider. Funding proceeds will be used to acquire new storage equipment servicing a longstanding contract with one of the company’s key customers.
  • 23andMe Initiates Voluntary Chapter 11 Process to Maximize Stakeholder Value Through Court-Supervised Sale Process
    March 24, 2025
    23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) to facilitate a sale process to maximize the value of its business.
  • KeyBank's Commitment to Building Relationships with Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards from Coalition Greenwich
    March 24, 2025
    KeyBank (NYSE: KEY) is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key's sophisticated platform and depth of expertise for growth companies as well as its commitment to helping small businesses grow and run better.
  • Wingspire Capital Provides a Revolver to Halo Dream To Support Acquisition of Baby Merlin
    March 24, 2025
    Wingspire Capital is pleased to provide a senior secured revolving credit facility to HALO Dream Inc. to support its acquisition of Baby Merlin, expanding its offering of baby sleepwear products.
  • Liberty Leasing Accelerates their Digital Transformation with Lendscape’s AI-ready Contract Management Platform
    March 24, 2025
    Liberty Leasing, a leading independent asset finance provider, has chosen Lendscape as its new contract management platform, accelerating its digital transformation journey with cutting-edge, AI-ready technology. By adopting Lendscape’s purpose-built, API-first asset finance platform, Liberty joins a growing roster of forward-thinking finance providers choosing to future-proof their operations and enhance the lending experience.
  • Runway Growth Extends Credit Facility and Enhances Governance Profile
    March 24, 2025
    Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided two operational updates.
  • Spencer Fane Gains Multi-Practice Partner in St. Louis, Expands Financial Services and Corporate Transactions Practices
    March 24, 2025
    Spencer Fane LLP is pleased to announce John G. Willard joined the firm’s St. Louis office as a partner in the Banking and Financial Services and Corporate and Business Transactions practice groups, which continue to experience rapid but measured growth in response to increased client needs. Since late August, Spencer Fane has added 25 attorneys in these practice areas across 11 different markets.
  • FalconX Launches First Tokenized Structured Credit Facility
    March 24, 2025
    Structured credit has long been the backbone of global fixed-income markets, enabling institutions to efficiently finance lending activities. Yet, in crypto, institutional-grade credit remains largely untapped—until now.
  • MidCap Advisors Welcomes Lisa Sonneborn as Healthcare Senior Advisor
    March 24, 2025
    MidCap Advisors, a premier middle-market investment banking firm specializing in mergers and acquisitions, is pleased to announce that Lisa Sonneborn, MA, LMHC has joined the firm as a Healthcare Senior Advisor, enhancing its healthcare advisory services.
  • Tripadvisor Announces Close on Term Loan B Facility
    March 24, 2025
    Tripadvisor, Inc. (NASDAQ: TRIP) announced today that it has successfully closed a tack-on term loan B facility in the amount of $350.0 million pursuant to a Second Amendment to its Credit Agreement, dated as of June 26, 2015, as amended and restated.
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