Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced the final close of its inaugural Collateralized Loan Obligation offering (“CLO”), (“Obra CLO 1”).

Stonebriar, an Eldridge Industries business, originates and services a portfolio of lease and loan products secured by essential income-producing assets across the credit spectrum. Based in Plano, TX, Stonebriar’s portfolio serves as a catalyst for the U.S. economy by providing capital needed in key sectors including manufacturing, marine, aviation, rail, energy and real estate.

GoDaddy Inc. (NYSE: GDDY) announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (together with Go Daddy Operating Company, LLC, the "Borrowers") allocated a $1,463 million tranche (the "Replacement Term Loans") of term loans maturing in 2029, the proceeds of which will be used to refinance all outstanding Tranche B-6 Term Loans under the Second Amended and Restated Credit Agreement, dated as of February 15, 2017.

Haversine Funding, a leading provider of specialized financial solutions for the factoring and asset-based lending (ABL) industries, is proud to announce another series of impactful funding transactions. These deals highlight Haversine’s role as a trusted partner in helping lenders and factors achieve their growth objectives while addressing unique market needs.

Matrix Applications, LLC ("Matrix"), a New York based financial technology and operational service bureau for the capital markets, is proud to announce a new customer agreement with Velocity Clearing, LLC ("Velocity”).

Total individual chapter 7 filings in November 2024 were 22,886, a 14 percent increase over the 20,149 filings recorded in November 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

TD Bank, America's Most Convenient Bank®, has named Ralph Bumbaca as Regional President of Metro New York, including New York City, Long Island, Hudson Valley, Upstate New York, Northern New Jersey and Fairfield County, CT. He is based in Manhattan.

NXT Capital announced today that it closed a senior credit facility in support of The Capstreet Group’s add-on acquisition and refinancing of The Colt Group. NXT Capital acted as Joint Lead Arranger on this transaction.

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that its lenders increased the borrowing base under the Company’s credit agreement by 30% from $2.50 billion to $3.25 billion.

KKR today announced a newly promoted group of 41 Managing Directors, effective January 1, 2025.

The London-based Banking Tech Awards announced QuickFi® as the winner of the Best Embedded Lending Platform at the annual awards ceremony at the Royal Lancaster Hotel.

Encina Lender Finance, LLC (“ELF”) announced today that the company has expanded its investment team with the addition of two structured credit industry veterans. The new hires – Ashish Sinha (Managing Director) and Avi Azour (Principal) – report directly to Geoff Beard (ELF’s CEO & CIO) and are responsible for sourcing, underwriting and executing senior credit facilities and forward flow purchase programs for both emerging and established specialty finance companies.

SLR Equipment Finance (SLR EQF) is pleased to announce Torre Montez has joined our company as a Senior Vice President, Vendor Sales. In his role, Torre will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the west coast of the U.S. Torre began his career with Alliance Funding Group.

J D Factors provided $18,300,000 in new factoring facilities to 45 new clients in the US and Canada during the month of November. Some of these facilities include: a $2,500,000 factoring facility for a clothing manufacturing company in New Jersey; $3,500,000 factoring facility for a transportation company in Illinois; $600,000 factoring facility for a transportation company in Wisconsin.

Amerisource Business Capital is proud to announce the successful closing and funding of a $7,500,000 senior secured revolving credit facility for a Texas-based technology firm specializing in Software as a Service (SaaS) for financial services. The facility will support the company’s rapid growth and working capital needs.

Pilot Wave Holdings ("Pilot Wave"), the world's leading technology-focused acquisition and growth firm, has closed on an increase of its existing $6MM credit facility with Aequum Capital to $15MM. The upsize allows Pilot Wave to increase borrowing capacity across additional portfolio companies, which will provide for continued growth and acquisitions.

Central States Water Resources (CSWR), the fastest growing investor-owned water utility in the United States and the 3rd largest investor-owned wastewater provider in the United States, announced the closing of $325 million of debt financing from Brookfield, through its infrastructure debt platform.

Regal Cineworld Group, a leading global theatre operator, has successfully secured a new $1.9 billion USD Term Loan B facility (the "New Facility"). The New Facility is priced at SOFR + 525 bps with a maturity date of December 1, 2031, and replaces the Group's existing Term Loan B.

Just weeks before a year-end reporting deadline, a majority of survey respondents indicated they are either waiting until closer to year’s end (37%) or are not sure of the need to file their beneficial ownership information (BOI) reports (32%), according to a Nov. 12 webinar poll of 4,427 U.S. businesses conducted by Wolters Kluwer CT Corporation.

LSQ, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company.