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Teresa C. Kohl Recognized with the M&A Advisor’s 2024 Leadership Award
March 21, 2024SSG Capital Advisors, a leading special situations investment bank, announced that Managing Director Teresa C. Kohl was presented with the M&A Advisor’s Leadership Award during the 18th Annual Turnaround Awards Gala in West Palm Beach, Florida on March 19.
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Mitsubishi HC Capital America Targets AI Predictive Purchase Model
March 21, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, continues to make significant strides in its digital transformation efforts with the recent integration of MuleSoft Robotic Process Automation (RPA).
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Par Pacific Announces Expected Increase in ABL Commitments to up to $1.4 billion and Replacement of Intermediation Facility
March 21, 2024Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced an expected increase in lender commitments under its existing asset-based revolving credit facility (“ABL”) to up to $1.4 billion.
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Lumine Group Announces Completion of US$310M Debt Facility
March 21, 2024The syndicate of Canadian and US financial institutions is led by Bank of Montreal, and includes the following lenders: Fédération des Caisses Desjardins du Québec, the Toronto-Dominion Bank, Wells Fargo Bank N.A., Citibank N.A., and PNC Bank Canada.
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Simpson Thacher Adds Two Leading Finance and Credit Partners in London
March 21, 2024Simpson Thacher & Bartlett LLP announced today that Paul Hibbert and Emma Serginson will join the Firm’s London office as Partners, where they will focus on financing and credit matters across the infrastructure sector, among other areas.
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Yieldstreet Launches New Solutions for Investing in Private Markets Powered by Insights From Wilshire
March 21, 2024Yieldstreet, a leading private market investing platform, and Wilshire Advisors LLC ("Wilshire"), a global advisor with more than $1 trillion in assets under advisement, today announced a strategic partnership that intends to revolutionize investor access to institutional-quality alternative investments.
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Capital Southwest Announces New $150 MM Secured Credit Facility
March 21, 2024Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch.
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Petersen Health Care Files Voluntary Petition for Relief Under Chapter 11
March 21, 2024Petersen Health Care (“Petersen” or “The Company”), an operator of nursing homes and assisted living and long-term care facilities in Illinois, Iowa and Missouri, today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate the restructuring of its balance sheet.
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Fetch Secures $50 Million from Morgan Stanley After Achieving Profitability, Signaling Strong Growth Ahead
March 21, 2024Fetch, America's Rewards App, has secured $50 million in debt financing from Morgan Stanley Private Credit. This infusion of capital will prime Fetch for another year of aggressive growth as the now-profitable company accelerates its journey to become the world's first rewards-for-everything platform.
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Cambridge Savings Bank Provides Stauer With a $10.5 Million Credit Facility to Facilitate Future Growth
March 20, 2024Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a $10.5 million credit facility to Stauer, a direct marketing retailer offering consumers affordable jewelry, watches, accessories, and collectibles with a satisfaction guarantee.
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Olivia Hudson Promoted to Portfolio Manager at Sallyport Commercial Finance
March 20, 2024Sallyport Commercial Finance, LLC announced that Olivia Hudson has been promoted to program manager. This pivotal new role reflects Sallyport's commitment to excellence as it grows.
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Sallyport Commercial Finance Provides $750,000 in Growth Capital for Staffing Visionaries
March 20, 2024Sallyport Commercial Finance announced it has provided $750,000 in accounts receivable financing for Staffing Visionaries, that will facilitate the company delivering innovative industry solutions and realizing their growth goals.
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Capital Southwest Announces New $150 MM Secured Credit Facility
March 20, 2024Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch.
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MITER Brands Announces $500 Million Offering of Senior Secured Notes
March 20, 2024MITER Brands ("MITER") announced today the commencement of a private offering of $500 million aggregate principal amount of senior secured notes due 2032 (the "Notes") to be issued by two of its wholly-owned subsidiaries, MITER Brands Acquisition Holdco, Inc. ("Acquisition Holdco") and MIWD Borrower, LLC ("MIWD Borrower"), as co-issuers. MITER intends to use the net proceeds from the offering of the Notes as part of its financing for its previously-announced acquisition (the "Acquisition") of PGT Innovations, Inc. ("PGTI").
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Globavend Holdings Limited Enters Into a US$20,000,000 Equity Line of Credit Facility to be Registered on Form F-1
March 20, 2024Globavend Holdings Limited (Nasdaq: GVH) (the “Company” or “Globavend”), an emerging e-commerce logistics provider, is pleased to announce that it has entered into a US$20,000,000 equity purchase agreement (the “Equity Purchase Agreement”) with Square Gate Capital Master Fund, LLC – Series 1 (“Square Gate”), as well as a registration rights agreement (“Registration Right Agreement”) related thereto.
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Kobalt Music Group Announces Transactions to Increase Funding Capacity to More than $1 Billion
March 20, 2024Kobalt Music Group, the world's leading independent music publishing company powered by innovative technology, announced the execution of its inaugural $266.5 million Asset-Backed Securitization ("Term ABS") transaction, comprising more than 5,000+ musical works from 66 writers across more than 50 catalogs, and a new $450 million Revolving Credit Facility ("RFC").
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Crescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032
March 20, 2024Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”).
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Briar Capital Expands Again and Hires Jonathan “JD” Davis
March 20, 2024Briar Capital Real Estate Fund LLC (www.BriarCapital.com) is pleased to announce the continued expansion of its business development team with the hiring of Jonathan “JD” Davis. Working out of Briar’s Houston corporate office, Davis will be responsible for sourcing new business in Texas and the Southwest United States as Vice President of Business Development.
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SLR Business Credit Provides Asset-Based Revolving Line of Credit for Ingredient Brothers
March 20, 2024SLR Business Credit is pleased to announce the funding of an asset-based revolving line of credit for Ingredient Brothers, an importer and distributor of premium specialty food ingredients. The funds were used to repay the bank and provide additional working capital for growth.
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Gambling.com Group Secures New $50 Million Credit Facility
March 20, 2024Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, today announced the closing of a new credit facility (the “Credit Facility”) with Wells Fargo Bank, National Association (“Wells Fargo”) in the principal amount of $50 million, comprised of a $25 million revolving credit facility and a $25 million term loan facility.
-
Teresa C. Kohl Recognized with the M&A Advisor’s 2024 Leadership Award
March 21, 2024SSG Capital Advisors, a leading special situations investment bank, announced that Managing Director Teresa C. Kohl was presented with the M&A Advisor’s Leadership Award during the 18th Annual Turnaround Awards Gala in West Palm Beach, Florida on March 19.
-
Mitsubishi HC Capital America Targets AI Predictive Purchase Model
March 21, 2024Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, continues to make significant strides in its digital transformation efforts with the recent integration of MuleSoft Robotic Process Automation (RPA).
-
Par Pacific Announces Expected Increase in ABL Commitments to up to $1.4 billion and Replacement of Intermediation Facility
March 21, 2024Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced an expected increase in lender commitments under its existing asset-based revolving credit facility (“ABL”) to up to $1.4 billion.
-
Lumine Group Announces Completion of US$310M Debt Facility
March 21, 2024The syndicate of Canadian and US financial institutions is led by Bank of Montreal, and includes the following lenders: Fédération des Caisses Desjardins du Québec, the Toronto-Dominion Bank, Wells Fargo Bank N.A., Citibank N.A., and PNC Bank Canada.
-
Simpson Thacher Adds Two Leading Finance and Credit Partners in London
March 21, 2024Simpson Thacher & Bartlett LLP announced today that Paul Hibbert and Emma Serginson will join the Firm’s London office as Partners, where they will focus on financing and credit matters across the infrastructure sector, among other areas.
-
Yieldstreet Launches New Solutions for Investing in Private Markets Powered by Insights From Wilshire
March 21, 2024Yieldstreet, a leading private market investing platform, and Wilshire Advisors LLC ("Wilshire"), a global advisor with more than $1 trillion in assets under advisement, today announced a strategic partnership that intends to revolutionize investor access to institutional-quality alternative investments.
-
Capital Southwest Announces New $150 MM Secured Credit Facility
March 21, 2024Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch.
-
Petersen Health Care Files Voluntary Petition for Relief Under Chapter 11
March 21, 2024Petersen Health Care (“Petersen” or “The Company”), an operator of nursing homes and assisted living and long-term care facilities in Illinois, Iowa and Missouri, today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate the restructuring of its balance sheet.
-
Fetch Secures $50 Million from Morgan Stanley After Achieving Profitability, Signaling Strong Growth Ahead
March 21, 2024Fetch, America's Rewards App, has secured $50 million in debt financing from Morgan Stanley Private Credit. This infusion of capital will prime Fetch for another year of aggressive growth as the now-profitable company accelerates its journey to become the world's first rewards-for-everything platform.
-
Cambridge Savings Bank Provides Stauer With a $10.5 Million Credit Facility to Facilitate Future Growth
March 20, 2024Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that its Asset-Based Lending (ABL) team has provided a $10.5 million credit facility to Stauer, a direct marketing retailer offering consumers affordable jewelry, watches, accessories, and collectibles with a satisfaction guarantee.
-
Olivia Hudson Promoted to Portfolio Manager at Sallyport Commercial Finance
March 20, 2024Sallyport Commercial Finance, LLC announced that Olivia Hudson has been promoted to program manager. This pivotal new role reflects Sallyport's commitment to excellence as it grows.
-
Sallyport Commercial Finance Provides $750,000 in Growth Capital for Staffing Visionaries
March 20, 2024Sallyport Commercial Finance announced it has provided $750,000 in accounts receivable financing for Staffing Visionaries, that will facilitate the company delivering innovative industry solutions and realizing their growth goals.
-
Capital Southwest Announces New $150 MM Secured Credit Facility
March 20, 2024Capital Southwest Corporation (“Capital Southwest” or “we”") (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that its wholly owned subsidiary, Capital Southwest SPV LLC (the “SPV”), entered into a senior secured revolving credit facility (the “SPV Facility”) with Deutsche Bank AG, New York Branch.
-
MITER Brands Announces $500 Million Offering of Senior Secured Notes
March 20, 2024MITER Brands ("MITER") announced today the commencement of a private offering of $500 million aggregate principal amount of senior secured notes due 2032 (the "Notes") to be issued by two of its wholly-owned subsidiaries, MITER Brands Acquisition Holdco, Inc. ("Acquisition Holdco") and MIWD Borrower, LLC ("MIWD Borrower"), as co-issuers. MITER intends to use the net proceeds from the offering of the Notes as part of its financing for its previously-announced acquisition (the "Acquisition") of PGT Innovations, Inc. ("PGTI").
-
Globavend Holdings Limited Enters Into a US$20,000,000 Equity Line of Credit Facility to be Registered on Form F-1
March 20, 2024Globavend Holdings Limited (Nasdaq: GVH) (the “Company” or “Globavend”), an emerging e-commerce logistics provider, is pleased to announce that it has entered into a US$20,000,000 equity purchase agreement (the “Equity Purchase Agreement”) with Square Gate Capital Master Fund, LLC – Series 1 (“Square Gate”), as well as a registration rights agreement (“Registration Right Agreement”) related thereto.
-
Kobalt Music Group Announces Transactions to Increase Funding Capacity to More than $1 Billion
March 20, 2024Kobalt Music Group, the world's leading independent music publishing company powered by innovative technology, announced the execution of its inaugural $266.5 million Asset-Backed Securitization ("Term ABS") transaction, comprising more than 5,000+ musical works from 66 writers across more than 50 catalogs, and a new $450 million Revolving Credit Facility ("RFC").
-
Crescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032
March 20, 2024Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”).
-
Briar Capital Expands Again and Hires Jonathan “JD” Davis
March 20, 2024Briar Capital Real Estate Fund LLC (www.BriarCapital.com) is pleased to announce the continued expansion of its business development team with the hiring of Jonathan “JD” Davis. Working out of Briar’s Houston corporate office, Davis will be responsible for sourcing new business in Texas and the Southwest United States as Vice President of Business Development.
-
SLR Business Credit Provides Asset-Based Revolving Line of Credit for Ingredient Brothers
March 20, 2024SLR Business Credit is pleased to announce the funding of an asset-based revolving line of credit for Ingredient Brothers, an importer and distributor of premium specialty food ingredients. The funds were used to repay the bank and provide additional working capital for growth.
-
Gambling.com Group Secures New $50 Million Credit Facility
March 20, 2024Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, today announced the closing of a new credit facility (the “Credit Facility”) with Wells Fargo Bank, National Association (“Wells Fargo”) in the principal amount of $50 million, comprised of a $25 million revolving credit facility and a $25 million term loan facility.
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