Further strengthening its premier asset-backed finance and complex securitization offerings, Paul Hastings LLP announced today that structured credit lawyer John F. Murphy III has joined the firm as a partner in New York.

Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, ("Spirit" or the "Company") today announced that Spirit has emerged from its financial restructuring, completing a consensual, deleveraging transaction that equitizes approximately $795 million of funded debt. With significantly less debt and greater financial flexibility, Spirit emerges as a stronger company better positioned for long-term success.

Middle market leaders are navigating uncertainty while poised to make key longer-term investments in technology, talent, and growth according to propriety research on the views of C-Suite executives released by Citizens today.

HEALWELL has signed a $50 million credit agreement, contingent on and in support of its acquisition of Orion Health, with credit to be provided by a syndicate of Schedule I Canadian Banks, including The Bank of Nova Scotia as Sole Bookrunner, Admin Agent, and Co-Lead Arranger, and Royal Bank of Canada as Co-lead Arranger.

Audax Private Equity (“Audax”) and Lovell Minnick Partners (“LMP”) today announced a joint investment in Fortis, a payments technology leader for software providers, ERP customers, and scaling businesses.

Barings, one of the world’s leading investment managers, today announced it has served as lead agent for an incremental senior secured facility, increased revolver, and delayed draw term loan to support private investment firm Graham Partners’ portfolio company Woodland Gourmet (“Woodland”) in its acquisition of Sevillo Fine Foods (“Sevillo”), an artisan producer of quality, chef-inspired specialty ingredients.

Oxford Finance LLC (“Oxford” or the “Company”) today announced its Board of Managers has appointed Timothy A. Lex as President and Chief Executive Officer. J. Alden Philbrick, IV, who founded the company and has served as the Company’s Chief Executive Officer since inception, will assume the role of Executive Chairman and continue as Chairman of the board.

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided a $35 million construction loan to Yuval Shram’s Tay Investments to build a 6-Story, 202-Unit Residential Development at 277-301 West Side Avenue in Jersey City.

Silicon Valley Bank (SVB), a division of First Citizens Bank, announced today it has entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology and life science companies over the coming years.

First Citizens Bank today announced that its Healthcare Finance business has provided financing to enable a new partnership between Leavitt Equity Partners and Pediatrics Plus, the leading pediatric therapy provider based in Arkansas.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $75.0mm senior secured credit facility to Dixie Group, Inc. (“Dixie Group” or the “Company”).

A determined woodworking construction client has successfully secured a crucial loan with the help of Loeb and their industry partners. This strategic move enabled the client to buy out their partner and transition away from their current bank, positioning their business for future growth and stability.

Hilco Corporate Finance (“HCF”) is pleased to announce the closing of a financing for McNally Capital (“McNally”) in connection with the acquisition of Jewett Automation (“Jewett”). HCF acted as exclusive financial advisor to McNally. Financing for the transaction was provided by Siguler Guff.

Simpson Thacher recently represented JPMorgan Chase Bank, N.A. and other arrangers in connection with Knife River Corporation's ("Knife River") $1.265 billion senior secured credit facilities. The senior credit facilities consist of a $265 million term loan A facility, a $500 million revolving credit facility and a $500 million term loan B facility.

Lincoln Educational Services Corporation (Nasdaq: LINC) today announced an amendment to its secured credit agreement with Fifth Third Bank, National Association, increasing the aggregate principal borrowing amount from $40 million to $60 million.

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley," the "Company" or "BRF"), a diversified financial services company, today announced that a formerly wholly-owned subsidiary of the Company has merged with Cascadia Investments, Inc. (OTC: CDIV) ("Cascadia"), a shell entity, as a result of which certain investors in Cascadia became minority stockholders of BRF's investment banking subsidiary, B. Riley Securities ("BRS").

Andalusian Credit Partners (“Andalusian” or “ACP”), a leading middle market direct lending platform focused on diversified senior secured leveraged lending to non-sponsored and sponsor-backed companies, today announced that it has strengthened its team with senior talent as ACP continues to strategically scale its business.

nFusion Capital announced it provided an $8 million ABL facility for an established Arizona contractor that provides commercial and residential glass as well as commercial wood and metal doors. Clients include large hotels, hospitals, office buildings and retail locations as well as residential clients requiring specialty applications in custom glass, mirrors and shower surrounds.

First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce Brad E. Schwartz will join First National Corporation and First Bank as Executive Vice President and Chief Financial Officer (“CFO”) effective March 31, 2025.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has agented a $45 million senior secured revolving credit facility.