Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax, and advisory services, has admitted its annual class of new partners and principals, and promoted a group of professionals to managing directors.

Peakstone Realty Trust (the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced the successful closing of an amended and extended $907 million unsecured credit facility, underscoring the strength of its balance sheet and high-quality portfolio.

Moritt Hock & Hamroff announced today that Michael Cardello III, the firm’s Managing Partner, has been elected to serve as Chair of the Commercial & Federal Litigation Section of the New York State Bar Association (NYSBA). This Section seeks to improve the quality of client representation and enhance the administration of justice in the areas of commercial and federal litigation.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided $75 million in total capital to three NWI affiliates.

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the successful signing of a US$167.3 million six-year secured term loan facility with Nordea Bank Abp, filial i Norge on July 25, 2024. The full amount was drawn down immediately.

--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), a leading software and services company for travel, expense, and meetings and events, today announced that it entered into an amended and restated credit agreement, which provides for a principal amount of $1,400 million senior secured first lien term loan facility, maturing on July 26, 2031, and a $360 million senior secured first lien revolving credit facility, maturing on July 26, 2029.

Today, Lendio released its inaugural State of SMB Lending report. In the survey of over 1000 small business owners, 68% of small businesses say access to financing is the most important factor in the growth of their businesses. While respondents expressed confidence in their ability to access capital, they said the loan amount and term often fall below their expectations.

Iron Horse Credit (“Iron Horse”), a leading non-bank, asset-based lender, is pleased to announce it has secured a $40MM senior credit line from Forbright Bank and MA Asset Management (formerly Blue Elephant Capital Management) with an additional $30MM accordion. I

Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as revolver and term loan lender for a sponsor owned portfolio company operating in the automotive services industry. EPC’s $75 million first out commitment augmented the existing unitranche lender’s $300 million senior secured credit facility and will be used for M&A and general working capital purposes.

Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today the amendment and extension of its current $250 million syndicated credit facility.

Propel Holdings Inc. ("Propel") (TSX: PRL), the fintech facilitating access to credit for underserved consumers, announced an upsize of $80 million to its existing syndicated credit facility for the CreditFresh line of business ("the credit facility"). With the upsize, the total commitment for the credit facility is $330 million.

Washington Trust ("the Bank") today announced the promotion of Scott McCaughey to Senior Vice President and Team Leader within the Commercial Banking division. In his new role McCaughey, a 30-year banking professional, will oversee the Bank's Commercial & Industrial ("C&I") Lending and Business Banking teams.

Monroe Capital LLC (“Monroe”) today announced the closing of a $561.8 million term debt securitization known as Monroe Capital MML CLO XVI, LTD. The term financing was Monroe's fourth CLO completed since 2022 and is secured by a portfolio of middle market senior secured loans.

First Citizens Bank today announced that its Middle Market Banking group is expanding in the Northeastern U.S., leveraging its deep middle market expertise to provide a full-suite of financial solutions to midsize businesses across the region.

Wingspire Capital announced today the expansion of its product mix with the creation of a dedicated Healthcare Finance capability that will offer a full suite of flexible capital solutions delivered with Wingspire’s trademark level of creativity, flexibility, responsiveness and professionalism.

NXT Capital announced today that it closed a $202 million senior credit facility in support of Kian Capital Partners’ recapitalization of SPATCO Energy Solutions. NXT Capital acted as the Joint Lead Arranger and Joint Bookrunner on this transaction.

Amerisource Business Capital is pleased to announce the successful closing and funding of a $4,500,000 working capital facility for an equipment manufacturer located in the Midwest.

BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, today announced it has joined a global credit facility for Insignia International (the “Company”) as they continue to grow and expand their operations. As part of the transaction, BHI has provided a $22.5 million pro rata share in the overall facility.

Amerisource Business Capital announced the closing and funding of a $6,000,000 working capital facility for a manufacturer of truck bed covers and liners based in the Northeast.

Rainstar Capital Group, a Grand Rapids, Michigan based national debt advisory firm announced today it had hired Chris Griffith to its middle market team as Managing Director to head up the Florida market.