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Wheels Up Secures $332 Million Revolving Financing Facility and Completes Acquisition of 17 Phenom 300 Series Aircraft
November 18, 2024On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and related maintenance assets and customer programs.
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Hilton Grand Vacations Announces Upsized and Consolidated $850 Million Warehouse Facility
November 18, 2024Hilton Grand Vacations Inc. (NYSE:HGV) announces today the closing on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024
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Spirit Airlines Announces Comprehensive Agreement to Deleverage Balance Sheet and Position the Company for Long-Term Success as a Leading Low-Fare Carrier
November 18, 2024Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it has entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring.
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Lendscape Partners with Express Trade Capital to Optimise Financing Operations, Accelerating US Expansion
November 18, 2024Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance provider, Express Trade Capital. Through this collaboration, Express Trade Capital will leverage Lendscape’s platform to strengthen its financial operations and enhance its ability to offer flexible financial solutions, customised to the needs of each client.
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CareMax Reaches Agreements to Sell Management Services Organization and Core Centers’ Assets
November 18, 2024CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced it has entered into an agreement to sell its management services organization and also announced a sale process for the Company’s core centers’ assets (collectively, the “Sale Transactions”).
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T-Max Lending LLC Closes $23M Refinance and Construction Loan in Tampa Bay, Florida, Brings 2024 Loan Volume to $371M
November 18, 2024T-Max Lending LLC, a California-based nationwide direct lender, has successfully closed a $23 million refinance and construction loan for a mixed-use development project in Tampa Bay, Florida. The deal adds to T-Max Lending’s record-breaking loan volume in 2024, bringing its total financing for the year to an impressive $371 million.
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AlixPartners Adds top Expert in Carve-outs and Restructurings Featuring Complex Human Resources Elements to Growing German Turnaround and Restructuring Practice
November 18, 2024AlixPartners, the global consulting firm, is announcing today that it is expanding its German Turnaround and Restructuring Services practice, with the addition of a highly respected expert in carve-outs and restructurings featuring complex human resources elements. Tom Gellrich joins the firm from Roland Berger as a Partner & Managing Director in the AlixPartners Munich office.
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Dorsey & Whitney Names 16 New Partners
November 18, 2024Dorsey & Whitney LLP has named 16 new partners to the Firm, effective January 1, 2025.
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Cambridge Wilkinson Investment Bank Closes $215MM Senior Lender Finance Credit Facility for Institutional Specialty Real Estate Lender
November 18, 2024Cambridge Wilkinson ("CW") is pleased to announce the closing of a $215 million senior lender finance credit facility to a lender who specializes in providing secured HELOC mortgages to residential real estate customers.
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DLH Reduces Debt and Amends Credit Facility
November 15, 2024DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a Russell 2000 company and leading provider of digital transformation and cyber security, science, research and development, and systems engineering and integration solutions to federal health IT and readiness agencies, today announced selected key metrics for the fiscal year ended September 30, 2024 and an amendment to its syndicated credit agreement.
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Stellus Capital Management, LLC Provides Unitranche Financing In Support Of Hidden Harbor Capital Partners' Acquisition Of Norplex Micarta
November 15, 2024Stellus Capital Management, LLC ("Stellus"), alongside its affiliates, provided senior debt financing to support the acquisition of Norplex Micarta ("Company") from Industrial Dielectrics Holdings, Inc. by Hidden Harbor Capital Partners ("Hidden Harbor").
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Alvarez & Marsal Adds Elan Ben-Avi as Managing Director to Its North American Commercial Restructuring Practice
November 15, 2024Global professional services firm Alvarez & Marsal (A&M) announces the addition of Elan Ben-Avi as a Managing Director in its North American Commercial Restructuring (NACR) practice. Mr. Ben-Avi’s arrival underscores the practice’s ongoing talent investments, and enhances the firm’s ability to help clients navigate restructuring challenges amid economic volatility and evolving market conditions.
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Alector Secures Flexible Credit Facility for Up to $50 Million From Hercules Capital
November 15, 2024Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that the Company has entered into a debt financing agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $50 million.
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As Small Business Owners Begin Post-Election Planning for 2025, KeyBank Poll Finds Taxes, Regulations and Trade Policies are Top of Mind
November 15, 2024With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the election, while only 12% said the election would have no impact on their 2025 planning.
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Heron Finance Launches Industry-Leading Personalized Private Credit Portfolio
November 14, 2024Heron Finance, a technology-first SEC-registered investment advisor, today announced the launch of its groundbreaking Heron Personalized Private Credit portfolio. This innovative investment solution provides accredited U.S. investors with unprecedented access to the growing private credit asset class.
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Lighthouse Provides $4,000,000 Credit Facility
November 14, 2024Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 Revolving Line of Credit to a South Carolina-based manufacturer and distributor of lighting fixtures.
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SSG Advises Trugman-Nash, LLC in its Sale to Arthur Schuman, Inc.
November 14, 2024SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Trugman-Nash, LLC (“Trugman-Nash” or the “Company”), a subsidiary of Allied Dairy Products, Inc., in the sale of 100% of its equity ownership interests to Arthur Schuman, Inc. d/b/a Schuman Cheese. The transaction closed in October 2024.
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Vesper Energy Completes Refinancing, Adds $50 Million Revolving Credit Facility
November 14, 2024Vesper Energy is pleased to announce the successful refinancing of its Letter of Credit Facility (the "LC Facility") with Macquarie Group ("Macquarie") and ICBC Standard Bank Plc ("ICBCS"). The facility, led and arranged by Macquarie's Commodities and Global Markets business, now includes a new $50 million revolving credit component designed to support Vesper Energy's growth and provide operational flexibility in developing renewable energy projects.
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TAB Bank Provides $5 Million to CoreCentric Solutions, Promoting Sustainable Appliance Remanufacturing
November 14, 2024TAB Bank announces it has provided a $5 million credit facility to CoreCentric Solutions, Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission to reduce waste by keeping appliance parts and consumer products in the economy—inventing new ways to extend the lifecycle of products by collecting, rebuilding, fixing and returning them to the marketplace.
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The D. E. Shaw Group Raises $1 Billion for Latest Private Credit Fund
November 14, 2024The D. E. Shaw group, a global investment and technology development firm, announced today that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI ("Alkali VI"), a closed-end vehicle that is expected to pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.
-
Wheels Up Secures $332 Million Revolving Financing Facility and Completes Acquisition of 17 Phenom 300 Series Aircraft
November 18, 2024On November 13, 2024, Wheels Up Experience Inc. (NYSE: UP) closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E aircraft, and related maintenance assets and customer programs.
-
Hilton Grand Vacations Announces Upsized and Consolidated $850 Million Warehouse Facility
November 18, 2024Hilton Grand Vacations Inc. (NYSE:HGV) announces today the closing on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024
-
Spirit Airlines Announces Comprehensive Agreement to Deleverage Balance Sheet and Position the Company for Long-Term Success as a Leading Low-Fare Carrier
November 18, 2024Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it has entered into a restructuring support agreement (the "RSA") supported by a supermajority of Spirit's loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring.
-
Lendscape Partners with Express Trade Capital to Optimise Financing Operations, Accelerating US Expansion
November 18, 2024Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance provider, Express Trade Capital. Through this collaboration, Express Trade Capital will leverage Lendscape’s platform to strengthen its financial operations and enhance its ability to offer flexible financial solutions, customised to the needs of each client.
-
CareMax Reaches Agreements to Sell Management Services Organization and Core Centers’ Assets
November 18, 2024CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced it has entered into an agreement to sell its management services organization and also announced a sale process for the Company’s core centers’ assets (collectively, the “Sale Transactions”).
-
T-Max Lending LLC Closes $23M Refinance and Construction Loan in Tampa Bay, Florida, Brings 2024 Loan Volume to $371M
November 18, 2024T-Max Lending LLC, a California-based nationwide direct lender, has successfully closed a $23 million refinance and construction loan for a mixed-use development project in Tampa Bay, Florida. The deal adds to T-Max Lending’s record-breaking loan volume in 2024, bringing its total financing for the year to an impressive $371 million.
-
AlixPartners Adds top Expert in Carve-outs and Restructurings Featuring Complex Human Resources Elements to Growing German Turnaround and Restructuring Practice
November 18, 2024AlixPartners, the global consulting firm, is announcing today that it is expanding its German Turnaround and Restructuring Services practice, with the addition of a highly respected expert in carve-outs and restructurings featuring complex human resources elements. Tom Gellrich joins the firm from Roland Berger as a Partner & Managing Director in the AlixPartners Munich office.
-
Dorsey & Whitney Names 16 New Partners
November 18, 2024Dorsey & Whitney LLP has named 16 new partners to the Firm, effective January 1, 2025.
-
Cambridge Wilkinson Investment Bank Closes $215MM Senior Lender Finance Credit Facility for Institutional Specialty Real Estate Lender
November 18, 2024Cambridge Wilkinson ("CW") is pleased to announce the closing of a $215 million senior lender finance credit facility to a lender who specializes in providing secured HELOC mortgages to residential real estate customers.
-
DLH Reduces Debt and Amends Credit Facility
November 15, 2024DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a Russell 2000 company and leading provider of digital transformation and cyber security, science, research and development, and systems engineering and integration solutions to federal health IT and readiness agencies, today announced selected key metrics for the fiscal year ended September 30, 2024 and an amendment to its syndicated credit agreement.
-
Stellus Capital Management, LLC Provides Unitranche Financing In Support Of Hidden Harbor Capital Partners' Acquisition Of Norplex Micarta
November 15, 2024Stellus Capital Management, LLC ("Stellus"), alongside its affiliates, provided senior debt financing to support the acquisition of Norplex Micarta ("Company") from Industrial Dielectrics Holdings, Inc. by Hidden Harbor Capital Partners ("Hidden Harbor").
-
Alvarez & Marsal Adds Elan Ben-Avi as Managing Director to Its North American Commercial Restructuring Practice
November 15, 2024Global professional services firm Alvarez & Marsal (A&M) announces the addition of Elan Ben-Avi as a Managing Director in its North American Commercial Restructuring (NACR) practice. Mr. Ben-Avi’s arrival underscores the practice’s ongoing talent investments, and enhances the firm’s ability to help clients navigate restructuring challenges amid economic volatility and evolving market conditions.
-
Alector Secures Flexible Credit Facility for Up to $50 Million From Hercules Capital
November 15, 2024Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, today announced that the Company has entered into a debt financing agreement with Hercules Capital, Inc. (NYSE: HTGC) for up to $50 million.
-
As Small Business Owners Begin Post-Election Planning for 2025, KeyBank Poll Finds Taxes, Regulations and Trade Policies are Top of Mind
November 15, 2024With the election now behind us, many business owners are planning for 2025. A recent KeyBank Small Business Flash Poll found 61% of respondents indicated they were likely to seek clarity and hold off on major business decisions until after the election, while only 12% said the election would have no impact on their 2025 planning.
-
Heron Finance Launches Industry-Leading Personalized Private Credit Portfolio
November 14, 2024Heron Finance, a technology-first SEC-registered investment advisor, today announced the launch of its groundbreaking Heron Personalized Private Credit portfolio. This innovative investment solution provides accredited U.S. investors with unprecedented access to the growing private credit asset class.
-
Lighthouse Provides $4,000,000 Credit Facility
November 14, 2024Lighthouse Financial Corp. is pleased to announce the completion of a $4,000,000 Revolving Line of Credit to a South Carolina-based manufacturer and distributor of lighting fixtures.
-
SSG Advises Trugman-Nash, LLC in its Sale to Arthur Schuman, Inc.
November 14, 2024SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Trugman-Nash, LLC (“Trugman-Nash” or the “Company”), a subsidiary of Allied Dairy Products, Inc., in the sale of 100% of its equity ownership interests to Arthur Schuman, Inc. d/b/a Schuman Cheese. The transaction closed in October 2024.
-
Vesper Energy Completes Refinancing, Adds $50 Million Revolving Credit Facility
November 14, 2024Vesper Energy is pleased to announce the successful refinancing of its Letter of Credit Facility (the "LC Facility") with Macquarie Group ("Macquarie") and ICBC Standard Bank Plc ("ICBCS"). The facility, led and arranged by Macquarie's Commodities and Global Markets business, now includes a new $50 million revolving credit component designed to support Vesper Energy's growth and provide operational flexibility in developing renewable energy projects.
-
TAB Bank Provides $5 Million to CoreCentric Solutions, Promoting Sustainable Appliance Remanufacturing
November 14, 2024TAB Bank announces it has provided a $5 million credit facility to CoreCentric Solutions, Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission to reduce waste by keeping appliance parts and consumer products in the economy—inventing new ways to extend the lifecycle of products by collecting, rebuilding, fixing and returning them to the marketplace.
-
The D. E. Shaw Group Raises $1 Billion for Latest Private Credit Fund
November 14, 2024The D. E. Shaw group, a global investment and technology development firm, announced today that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI ("Alkali VI"), a closed-end vehicle that is expected to pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.
© 2025 Secured Finance Network

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