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Home > Chapters > Canada > News Detail
  • Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
    November 25, 2024
    Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”).
  • EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
    November 25, 2024
    EverBank, N.A., a national specialty bank serving clients across the United States, today announces an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.
  • Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
    November 25, 2024
    Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.
  • Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
    November 21, 2024
    Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA.
  • Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
    November 21, 2024
    Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, today announced a $1.2 billion revolving credit facility and term loan to support its mission to become the capital partner for the infrastructure transition.
  • Saltire Capital Ltd. Announces Closing of Credit Facility
    November 21, 2024
    Saltire Capital Ltd. is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility").
  • RelPro Partners with Propense.ai to Deliver Enriched Data for Accounting and Legal Professionals
    November 21, 2024
    RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with Propense.ai, a SaaS platform delivering data-driven insights and service recommendations to professional services firms.
  • CohnReznick Expands Philippines Footprint
    November 21, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that, in support of its global workforce strategy, it has substantially increased its operations in the Philippines, through its wholly owned affiliate, CohnReznick Philippines, Inc.
  • Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
    November 21, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards. The awards were recently announced during a ceremony and networking event held at the Penn Club in New York City.
  • Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
    November 21, 2024
    Late-model and low-hour gear surplus to the ongoing operations of Greater Than Entertainment (GTE), a full-service audio, video and lighting provider, goes to auction on December 5 in the final Tiger Group AV auction of 2024.
  • CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 in Factoring Facility
    November 21, 2024
    CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
  • Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
    November 21, 2024
    Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group regional president.
  • TerraNova Capital Equities Announces Three Transactions Totaling $45 Million
    November 21, 2024
    TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a $20 Million revolving credit facility. TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a $10 Million financing. TerraNova Structured Finance Group acted as sole placement agent for a $15 Million lender finance facility for Flow Capital Corp.
  • BofA Names Ed Siaje President of Detroit
    November 21, 2024
    Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Matt Elliott, who recently retired from the company.
  • SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth
    November 21, 2024
    SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc., and a member of SMBC Group, announced it has appointed three new executives to lead the Credit, Accounting, and Information Technology functions as part of the bank’s ongoing business transformation.
  • Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
    November 21, 2024
    Transom Capital Group (“Transom”) has named Dana Goldstein to the newly created position of Head of Investor Relations and Marketing, where she will play a critical role in deepening and expanding limited partner relationships, as well as strategic marketing initiatives for the firm and its portfolio, as part of Transom’s leadership team.
  • Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
    November 21, 2024
    Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
  • Quinn Residences Announces the Expansion of its Revolving Credit Facility to $1 Billion
    November 21, 2024
    Quinn Residences ("Quinn" or the "Company"), a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced today the closing of an expansion of its existing revolving credit facility (the "Facility") led by JPMorgan Chase Bank.
  • SFNet New Member Spotlight: CB&S Bank
    November 20, 2024
    CB&S Business Capital is the asset-based commercial lending division and was recently formed in September 2024. It's a division of CB&S Bank which is a privately-owned commercial bank headquartered in Northern Alabama with approximately $2.6 billion in total assets.
  • Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
    November 20, 2024
    Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.
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  • Marathon Asset Management and Webster Bank Provide Senior Secured Financing for Littlejohn’s Acquisition of Sunbelt Modular
    November 25, 2024
    Marathon Asset Management (“Marathon”), a leading global credit manager with more than $23 billion of assets under management, and Webster Bank, N.A. (“Webster Bank”), a leading commercial bank in the Northeast with $79 billion in total assets, are pleased to announce the closing of a senior-secured financing agreement for Sunbelt Modular, Inc. (“Sunbelt” or the “Company”) to support its acquisition by funds advised by Littlejohn & Co., LLC (“Littlejohn”).
  • EverBank Expands Commercial Offerings with New Public Finance Business, Led by Trevor Mael
    November 25, 2024
    EverBank, N.A., a national specialty bank serving clients across the United States, today announces an expansion of its commercial banking portfolio with the launch of its Public Finance division. Industry expert Trevor Mael, a proven leader in the public finance space, has been appointed as director to lead the division.
  • Pivot Energy Secures Over $450 Million in Major Financing of Distributed Generation Portfolios from First Citizens, ATLAS SP, and HASI
    November 25, 2024
    Pivot Energy ("Pivot"), a leading, national renewable energy provider and independent power producer, announced today two transformational financing arrangements, marking a critical step toward establishing innovative and scalable financing facilities. Pivot has successfully secured a $450 million debt warehouse facility, led by long-time partner, First Citizens Bank, which includes new strategic partner ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds.
  • Gunvor Secures US $2.265 Billion Sustainability-linked, Multi-currency Revolving Credit Facility
    November 21, 2024
    Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA.
  • Generate Capital Secures $1.2 Billion Corporate Credit Facilities to Drive Sustainable Infrastructure Growth
    November 21, 2024
    Generate Capital, PBC (“Generate”), a leading sustainable infrastructure investment firm, today announced a $1.2 billion revolving credit facility and term loan to support its mission to become the capital partner for the infrastructure transition.
  • Saltire Capital Ltd. Announces Closing of Credit Facility
    November 21, 2024
    Saltire Capital Ltd. is pleased to announce that it has entered into a credit agreement (the "Credit Agreement") with National Bank of Canada ("NBC"), pursuant to which NBC has agreed to provide Saltire with a revolving credit facility in the amounts and on the terms and conditions outlined below (the "Credit Facility").
  • RelPro Partners with Propense.ai to Deliver Enriched Data for Accounting and Legal Professionals
    November 21, 2024
    RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today its latest partnership with Propense.ai, a SaaS platform delivering data-driven insights and service recommendations to professional services firms.
  • CohnReznick Expands Philippines Footprint
    November 21, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that, in support of its global workforce strategy, it has substantially increased its operations in the Philippines, through its wholly owned affiliate, CohnReznick Philippines, Inc.
  • Hedgeweek Names CohnReznick 2024 Best Audit Firm: Overall
    November 21, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that it has been named Audit Firm of the Year: Overall in Hedgeweek’s 2024 U.S. Awards. The awards were recently announced during a ceremony and networking event held at the Penn Club in New York City.
  • Online Auction Features Rental and Production-Ready Audio, Video and Lighting Gear
    November 21, 2024
    Late-model and low-hour gear surplus to the ongoing operations of Greater Than Entertainment (GTE), a full-service audio, video and lighting provider, goes to auction on December 5 in the final Tiger Group AV auction of 2024.
  • CapitalPlus Supply Empowers Philadelphia Masonry Contractor with $560,000 in Factoring Facility
    November 21, 2024
    CapitalPlus Financial Services is proud to announce its recent support of a Philadelphia-based masonry contractor with a $560,000 factoring facility. This funding provides critical working capital, enabling the contractor to take on larger, more profitable contracts that were previously out of reach due to restrictive financing options from traditional banks.
  • Fifth Third Bank, National Association, Names Matt Nipper as Northern Ohio President
    November 21, 2024
    Fifth Third Bank, National Association, (Nasdaq: FITB) has announced Matt Nipper as Northern Ohio region president. Nipper succeeds Tom Partridge, who is serving as group regional president.
  • TerraNova Capital Equities Announces Three Transactions Totaling $45 Million
    November 21, 2024
    TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific, Inc. (NYSE: DNMR) on a $20 Million revolving credit facility. TerraNova Structured Finance Group acted as the sole advisor to Inuvo, Inc. (NYSE American: INUV) on a $10 Million financing. TerraNova Structured Finance Group acted as sole placement agent for a $15 Million lender finance facility for Flow Capital Corp.
  • BofA Names Ed Siaje President of Detroit
    November 21, 2024
    Bank of America has named Ed Siaje president of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank's eight lines of business. He succeeds Matt Elliott, who recently retired from the company.
  • SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth
    November 21, 2024
    SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc., and a member of SMBC Group, announced it has appointed three new executives to lead the Credit, Accounting, and Information Technology functions as part of the bank’s ongoing business transformation.
  • Transom Capital Adds Dana Goldstein to Lead Investor Relations and Marketing
    November 21, 2024
    Transom Capital Group (“Transom”) has named Dana Goldstein to the newly created position of Head of Investor Relations and Marketing, where she will play a critical role in deepening and expanding limited partner relationships, as well as strategic marketing initiatives for the firm and its portfolio, as part of Transom’s leadership team.
  • Cadence Bank Welcomes Brad Silcox as President of Asset Management & Trust Group
    November 21, 2024
    Cadence Bank (NYSE: CADE) today announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
  • Quinn Residences Announces the Expansion of its Revolving Credit Facility to $1 Billion
    November 21, 2024
    Quinn Residences ("Quinn" or the "Company"), a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced today the closing of an expansion of its existing revolving credit facility (the "Facility") led by JPMorgan Chase Bank.
  • SFNet New Member Spotlight: CB&S Bank
    November 20, 2024
    CB&S Business Capital is the asset-based commercial lending division and was recently formed in September 2024. It's a division of CB&S Bank which is a privately-owned commercial bank headquartered in Northern Alabama with approximately $2.6 billion in total assets.
  • Gray Television Makes Significant Progress on Debt Reduction and Replenishes Authorization for Additional Debt Reduction
    November 20, 2024
    Gray Television, Inc. (“Gray,” “Gray Media,” the “Company,” “we,” “us” or “our”) (NYSE: GTN) has completed a series of transactions that collectively reduced the Company’s principal amount of debt outstanding by $278 million since October 1, 2024, bringing the Company’s total principal debt reduction to $519 million since January 1, 2024.
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