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Home > Chapters > Canada > News Detail
  • West Red Lake Gold Closes US$35-Million Credit Facility with Nebari and Announces Drawdown of US$15 Million
    January 3, 2025
    - West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce that on December 31, 2024 it entered into a completed credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II LP (“Nebari”) pursuant to which the Company will borrow up to a maximum principal amount of US$35 million.
  • Ladder Announces $850 Million Revolving Credit Facility to Upsize and Extend Existing Facility and Reduce Cost of Debt
    January 3, 2025
    Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading diversified commercial real estate finance platform, recently closed and subsequently upsized a revolving credit facility (the “Credit Facility”) with commitments of $850 million.
  • Greenberg Traurig Expands London Restructuring and Arbitration Practices with Strategic Hires
    January 2, 2025
    Global law firm Greenberg Traurig, LLP has reinforced its commitment to growth in the London market by welcoming two lawyers, Restructuring & Insolvency Shareholder Aaron Harlow and International Arbitration Of Counsel Michael Cottrell.
  • SMG Sells Seven CCM Stations, Restructures Balance Sheet
    January 2, 2025
    In a significant restructuring of its financial landscape, Salem Media Group (SMG) has repurchased all $159.4 million of its outstanding 7.125% Senior Secured Notes due 2028 at a discounted rate, issued $40 million in convertible preferred stock, and reached an agreement to sell seven of its radio stations for $90 million.
  • Huntington Business Credit closed new credit facilities with JG Kern Enterprises, Inc
    January 2, 2025
    Huntington Business Credit closed $21,000,000 in new credit facilities with JG Kern Enterprises, Inc. on November 27, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
  • Celtic Capital Corporation Announces New Client Relationship
    January 2, 2025
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest company that was acquiring the assets of a long-time precision machine shop working in the aerospace, defense and theme park industries.
  • Cadre Holdings Announces Expansion to Credit Facilities
    December 23, 2024
    Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced the closing of a new credit agreement that provides senior secured credit facilities of up to $590 million and matures in five years.
  • Sallyport Commercial Finance Welcomes Josh Sapolich
    December 23, 2024
    Sallyport Commercial Finance announced Josh Sapolich has joined the Sallyport sales team. With 16 years of experience in alternative finance, spanning selling and underwriting from New Jersey to Charleston and now the Houston area, Josh brings a wealth of expertise and a strong passion for building lasting relationships with customers, bankers and brokers.
  • T-Max Lending LLC Successfully Finalizes $22 Million Multifamily Loan in Titusville, Crawford County, Pennsylvania
    December 23, 2024
    T-Max Lending LLC, a prominent private direct lender within the real estate sector, is delighted to announce the successful closure of a $22 million loan agreement intended to finance a significant multifamily development project in Titusville, Crawford County, Pennsylvania.
  • CPS Announces Credit Facility Capacity Increase
    December 23, 2024
    Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on December 16, 2024, it amended its two-year revolving credit agreement with Citibank, N.A to increase the capacity of the facility. The amendment also applies to the subordinate third party lender, which was announced last month. The amendment increases the capacity of this facility from $225 million to $335 million.
  • Great Plains Communications Secures $500 Million in Financing
    December 23, 2024
    Great Plains Communications (GPC), a leading Midwestern telecommunications provider, announced today the successful closing of $500 million in financing to refinance debt and fund future capital expenditures and expansion.
  • The Container Store Group Files for Voluntary Bankruptcy Protection
    December 23, 2024
    The Container Store — once the premier hub for all things storage and organization — filed for bankruptcy amid mounting debt. The 46-year-old retail chain filed for Chapter 11 bankruptcy protection late Sunday in a Texas district court. It comes just days after Big Lots and Party City announced they will be closing down for good in response to their own financial struggles.
  • ATC Managers Secures $37 Million Loan for Multifamily Portfolio Acquisition
    December 23, 2024
    ATC Managers is pleased to announce the successful closure of a $37 million acquisition loan for a multifamily portfolio located in Queens, New York, just 15–20 minutes from Manhattan by subway.
  • NXT Capital Closes Senior Credit Facility in Support of L Squared Capital Partners' Acquisition of Kano Laboratories
    December 23, 2024
    NXT Capital announced today that it closed a senior credit facility in support of Broad Sky Partners’ acquisition of Frontline Managed Services. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
  • Sallyport Commercial Finance Delivers the Vision with a $2 Million Funding Solution
    December 23, 2024
    Sallyport Commercial Finance is delighted to announce a $2M funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2M in combined Accounts Receivable Finance and Purchase Order Finance.
  • Audax Private Debt Provides Financing to Support Broad Sky Partners’ Acquisition of Frontline Managed Services
    December 23, 2024
    Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services (“Frontline” or the “Company”), a provider of white glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including over 50% of the AM Law 200, in addition to hundreds of mid-sized legal firms.
  • KKR Releases 2025 Global Macro Outlook
    December 20, 2024
    KKR, a leading global investment firm, today released its 2025 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
  • Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
    December 19, 2024
    Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility").
  • CohnReznick’s Barber Recognized in D CEO’s Dallas 500 List
    December 19, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Mike Barber, Office Managing Partner – Dallas, has been named to D CEO’s Dallas 500 list.
  • Pathward Lends $21.6 Million to Furniture and Lifestyle Goods Manufacturer
    December 19, 2024
    The Commercial Finance division of Pathward®, N.A., announces the closing of a $20 million asset-based revolving loan supported by accounts receivable and inventory and a $1.6 million term loan to Michigan-based company manufacturing lifestyle goods in the recreational pool and indoor/outdoor furniture segments.
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  • West Red Lake Gold Closes US$35-Million Credit Facility with Nebari and Announces Drawdown of US$15 Million
    January 3, 2025
    - West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce that on December 31, 2024 it entered into a completed credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II LP (“Nebari”) pursuant to which the Company will borrow up to a maximum principal amount of US$35 million.
  • Ladder Announces $850 Million Revolving Credit Facility to Upsize and Extend Existing Facility and Reduce Cost of Debt
    January 3, 2025
    Ladder Capital Corp (“Ladder,” the “Company,” “we” or “our”) (NYSE: LADR), a leading diversified commercial real estate finance platform, recently closed and subsequently upsized a revolving credit facility (the “Credit Facility”) with commitments of $850 million.
  • Greenberg Traurig Expands London Restructuring and Arbitration Practices with Strategic Hires
    January 2, 2025
    Global law firm Greenberg Traurig, LLP has reinforced its commitment to growth in the London market by welcoming two lawyers, Restructuring & Insolvency Shareholder Aaron Harlow and International Arbitration Of Counsel Michael Cottrell.
  • SMG Sells Seven CCM Stations, Restructures Balance Sheet
    January 2, 2025
    In a significant restructuring of its financial landscape, Salem Media Group (SMG) has repurchased all $159.4 million of its outstanding 7.125% Senior Secured Notes due 2028 at a discounted rate, issued $40 million in convertible preferred stock, and reached an agreement to sell seven of its radio stations for $90 million.
  • Huntington Business Credit closed new credit facilities with JG Kern Enterprises, Inc
    January 2, 2025
    Huntington Business Credit closed $21,000,000 in new credit facilities with JG Kern Enterprises, Inc. on November 27, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
  • Celtic Capital Corporation Announces New Client Relationship
    January 2, 2025
    Celtic Capital Corporation today announced its most recent new client relationship – a Pacific Northwest company that was acquiring the assets of a long-time precision machine shop working in the aerospace, defense and theme park industries.
  • Cadre Holdings Announces Expansion to Credit Facilities
    December 23, 2024
    Cadre Holdings, Inc. (NYSE: CDRE) (“Cadre” or “the Company”), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced the closing of a new credit agreement that provides senior secured credit facilities of up to $590 million and matures in five years.
  • Sallyport Commercial Finance Welcomes Josh Sapolich
    December 23, 2024
    Sallyport Commercial Finance announced Josh Sapolich has joined the Sallyport sales team. With 16 years of experience in alternative finance, spanning selling and underwriting from New Jersey to Charleston and now the Houston area, Josh brings a wealth of expertise and a strong passion for building lasting relationships with customers, bankers and brokers.
  • T-Max Lending LLC Successfully Finalizes $22 Million Multifamily Loan in Titusville, Crawford County, Pennsylvania
    December 23, 2024
    T-Max Lending LLC, a prominent private direct lender within the real estate sector, is delighted to announce the successful closure of a $22 million loan agreement intended to finance a significant multifamily development project in Titusville, Crawford County, Pennsylvania.
  • CPS Announces Credit Facility Capacity Increase
    December 23, 2024
    Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on December 16, 2024, it amended its two-year revolving credit agreement with Citibank, N.A to increase the capacity of the facility. The amendment also applies to the subordinate third party lender, which was announced last month. The amendment increases the capacity of this facility from $225 million to $335 million.
  • Great Plains Communications Secures $500 Million in Financing
    December 23, 2024
    Great Plains Communications (GPC), a leading Midwestern telecommunications provider, announced today the successful closing of $500 million in financing to refinance debt and fund future capital expenditures and expansion.
  • The Container Store Group Files for Voluntary Bankruptcy Protection
    December 23, 2024
    The Container Store — once the premier hub for all things storage and organization — filed for bankruptcy amid mounting debt. The 46-year-old retail chain filed for Chapter 11 bankruptcy protection late Sunday in a Texas district court. It comes just days after Big Lots and Party City announced they will be closing down for good in response to their own financial struggles.
  • ATC Managers Secures $37 Million Loan for Multifamily Portfolio Acquisition
    December 23, 2024
    ATC Managers is pleased to announce the successful closure of a $37 million acquisition loan for a multifamily portfolio located in Queens, New York, just 15–20 minutes from Manhattan by subway.
  • NXT Capital Closes Senior Credit Facility in Support of L Squared Capital Partners' Acquisition of Kano Laboratories
    December 23, 2024
    NXT Capital announced today that it closed a senior credit facility in support of Broad Sky Partners’ acquisition of Frontline Managed Services. NXT Capital acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent on this transaction.
  • Sallyport Commercial Finance Delivers the Vision with a $2 Million Funding Solution
    December 23, 2024
    Sallyport Commercial Finance is delighted to announce a $2M funding solution for a cutting-edge manufacturing and technology company utilizing AI to provide a frictionless sales environment. The funding package includes $2M in combined Accounts Receivable Finance and Purchase Order Finance.
  • Audax Private Debt Provides Financing to Support Broad Sky Partners’ Acquisition of Frontline Managed Services
    December 23, 2024
    Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Broad Sky Partners’ investment in Frontline Managed Services (“Frontline” or the “Company”), a provider of white glove Managed IT Services and Revenue Cycle Management solutions to over 800 law firms, including over 50% of the AM Law 200, in addition to hundreds of mid-sized legal firms.
  • KKR Releases 2025 Global Macro Outlook
    December 20, 2024
    KKR, a leading global investment firm, today released its 2025 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
  • Riley Permian Announces Credit Facility Extension and Increase in Borrowing Base
    December 19, 2024
    Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that it recently completed an amendment to its senior secured revolving credit facility ("Credit Facility").
  • CohnReznick’s Barber Recognized in D CEO’s Dallas 500 List
    December 19, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Mike Barber, Office Managing Partner – Dallas, has been named to D CEO’s Dallas 500 list.
  • Pathward Lends $21.6 Million to Furniture and Lifestyle Goods Manufacturer
    December 19, 2024
    The Commercial Finance division of Pathward®, N.A., announces the closing of a $20 million asset-based revolving loan supported by accounts receivable and inventory and a $1.6 million term loan to Michigan-based company manufacturing lifestyle goods in the recreational pool and indoor/outdoor furniture segments.
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