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Home > Chapters > Canada > News Detail
  • Insight Enterprises, Inc. Announces Proposed $500 Million Offering of Senior Notes
    May 15, 2024
    Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Senior Notes due 2032 (the “notes”). The Company expects to use the net proceeds of the offering to repay a portion of the outstanding borrowings under its senior secured revolving credit facility due 2027 and, to the extent of any remaining net proceeds, for general corporate purposes.
  • Haventus Secures Credit Facility from Scottish National Investment Bank, UKIB
    May 14, 2024
    Haventus, owner of Ardersier Port, has secured a £100 million joint credit facility from the Scottish National Investment Bank and UK Infrastructure Bank (UKIB), with £50 million investments from each.
  • BHG Financial Doubles Down on Risk and Regulatory by Promoting Three Top-Level Executives
    May 14, 2024
    BHG Financial (BHG), a national provider of innovative financial solutions to professionals, consumers, and financial institutions for over 23 years, announced today the promotion of three key executives in risk and regulatory relations.
  • Citizens Leads $105 Million Financing for Style Crest Enterprises
    May 14, 2024
    Citizens today announced that it led a $105 million credit facility, which included a $75 million term loan and a $30 million revolving line of credit, for Style Crest Enterprises to help the company refinance existing debt and fund acquisitions. Citizens was Lead Left bookrunner and administrative agent.
  • First Citizens Bank Serves as Sole Bookrunner and Co-Lead Arranger on $150 Million in Financing for Battery Energy Storage Projects
    May 14, 2024
    First Citizens Bank today announced that its Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two Apex Clean Energy ("Apex") battery energy storage projects in Texas.
  • Garrington Capital Provides $20 Million Lender Finance Facility
    May 14, 2024
    Garrington Capital, a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a working capital revolver of up to $20 million to a California-based vehicle finance company.
  • David Zolot Joins Tiger Capital Group as Managing Director, Brand Strategies
    May 14, 2024
    David Zolot, a high-impact investment professional who brings nearly 25 years of experience in corporate, IP and consumer-brand strategy, has joined Tiger Capital Group as Managing Director, Brand Strategies.
  • Stonebriar Finance Holding LLC Completes Significant Increases to its Primary Credit Facilities
    May 14, 2024
    Stonebriar Finance Holding LLC (“Stonebriar”) announced its completion of significant increases and extensions to its primary credit facilities as it positions itself for continued growth. In April, Stonebriar increased the size of its unsecured revolving credit facility to over $500 million and extended the facility’s maturity date to April 2027.
  • Kolibri Global Energy Inc. Announces Bank Line Increase to $50 Million
    May 14, 2024
    Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce that the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. was increased from US$40 million to US$50 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”), an increase of 25%. The current outstanding amount drawn on the Credit Facility is US$32 million.
  • John Marshall Bank Hires Ross A. Berman as Senior Vice President, Commercial Team Lead in Rockville
    May 14, 2024
    -John Marshall Bank (the “Bank”), subsidiary of John Marshall Bancorp, Inc. (Nasdaq: JMSB), is proud to announce the recent hire of Ross A. Berman as Senior Vice President, Commercial Team Lead in the Rockville Market. Mr. Berman will use his over 21 years of experience as a community banker to lead the commercial sales and business development efforts in the Bank’s DC Metro market.
  • Monroe Capital Supports TZP Group’s The Black Tux, Inc.
    May 14, 2024
    Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of refinancing of The Black Tux, Inc. (“The Black Tux”), an existing portfolio company of TZP Group and Stripes Group.
  • Allied OMS and its Doctor Shareholders Secure $116 Million Credit Facility
    May 14, 2024
    Allied OMS, the first and only doctor-led and governed management services organization (MSO) for top-tier oral and maxillofacial surgery practices, announced today that it has closed on a $116 million credit facility from four leading banks in the healthcare sector. KeyBanc Capital Markets served as left lead arranger for the syndicate, which includes BankUnited, N.A., Umpqua Bank, and First-Citizens Bank & Trust Company.
  • Franklin Capital Announces Two $1 Million Factoring Facilities
    May 14, 2024
  • Franklin Capital Announces Two $1 Million Factoring Facilities
    May 14, 2024
    Franklin Capital is pleased to announce the completion of two $1,000,000 factoring facilities. Franklin Capital funded a $1 million factoring facility to an IT supply staffing company and $1 million for a factoring facility media powerhouse.
  • Wolters Kluwer Launches Regulatory Violations Intelligence Index to Highlight Key Trends in U.S. Regulatory Supervision
    May 14, 2024
    Wolters Kluwer has unveiled a compilation of penalties imposed by U.S. financial services regulators over the past several years, providing compliance officers strategic insights into the aggregate volumes and penalty amounts issued to financial services institutions in the United States. Covering a period from 2018 through 2023 reflected in half-year increments, the Regulatory Violations Intelligence Index examines key violation categories—competition-related offenses, consumer protection-related offenses and financial offenses—across federal and state regulatory bodies.
  • Wintrust Business Credit Announces Closing of $15M ABL Line of Credit to Aerospace Distribution Business
    May 13, 2024
    Wintrust Business Credit (WBC) is happy to announce the closing of a new $15,000,000 ABL line of credit for a Southeast-headquartered aerospace distribution business with subsidiaries from the Southwest to the Northeast.
  • NextEnergy Solar Fund has extended its existing £70m short-term Revolving Credit Facility
    May 13, 2024
    NextEnergy Solar Fund is pleased to announce it has extended its existing £70m short-term Revolving Credit Facility ("RCF") with Santander previously due to expire in June 2024.
  • Mogo Extends Maturity of $60 Million Credit Facility to 2026
    May 13, 2024
    Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced an amendment to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The amendment extends the maturity date of the Credit Facility from July 2, 2025 to January 2, 2026
  • Creative Realities to Restructure Debt Through Revolving Credit Facility
    May 13, 2024
    Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced that it had signed a non-binding commitment letter with First Merchants Bank (“First Merchants”) for a $20 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • MidCap Financial and Great Rock Capital Provide a $140 Million Senior Secured Credit Facility to Sponsor-Owned Housewares Company
    May 13, 2024
    MidCap Financial, a middle-market focused, specialty finance firm, and Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products.
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  • Insight Enterprises, Inc. Announces Proposed $500 Million Offering of Senior Notes
    May 15, 2024
    Insight Enterprises, Inc. (NASDAQ: NSIT) (the “Company”) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Senior Notes due 2032 (the “notes”). The Company expects to use the net proceeds of the offering to repay a portion of the outstanding borrowings under its senior secured revolving credit facility due 2027 and, to the extent of any remaining net proceeds, for general corporate purposes.
  • Haventus Secures Credit Facility from Scottish National Investment Bank, UKIB
    May 14, 2024
    Haventus, owner of Ardersier Port, has secured a £100 million joint credit facility from the Scottish National Investment Bank and UK Infrastructure Bank (UKIB), with £50 million investments from each.
  • BHG Financial Doubles Down on Risk and Regulatory by Promoting Three Top-Level Executives
    May 14, 2024
    BHG Financial (BHG), a national provider of innovative financial solutions to professionals, consumers, and financial institutions for over 23 years, announced today the promotion of three key executives in risk and regulatory relations.
  • Citizens Leads $105 Million Financing for Style Crest Enterprises
    May 14, 2024
    Citizens today announced that it led a $105 million credit facility, which included a $75 million term loan and a $30 million revolving line of credit, for Style Crest Enterprises to help the company refinance existing debt and fund acquisitions. Citizens was Lead Left bookrunner and administrative agent.
  • First Citizens Bank Serves as Sole Bookrunner and Co-Lead Arranger on $150 Million in Financing for Battery Energy Storage Projects
    May 14, 2024
    First Citizens Bank today announced that its Energy Finance business served as sole bookrunner and co-lead arranger on financings totaling more than $150 million for two Apex Clean Energy ("Apex") battery energy storage projects in Texas.
  • Garrington Capital Provides $20 Million Lender Finance Facility
    May 14, 2024
    Garrington Capital, a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a working capital revolver of up to $20 million to a California-based vehicle finance company.
  • David Zolot Joins Tiger Capital Group as Managing Director, Brand Strategies
    May 14, 2024
    David Zolot, a high-impact investment professional who brings nearly 25 years of experience in corporate, IP and consumer-brand strategy, has joined Tiger Capital Group as Managing Director, Brand Strategies.
  • Stonebriar Finance Holding LLC Completes Significant Increases to its Primary Credit Facilities
    May 14, 2024
    Stonebriar Finance Holding LLC (“Stonebriar”) announced its completion of significant increases and extensions to its primary credit facilities as it positions itself for continued growth. In April, Stonebriar increased the size of its unsecured revolving credit facility to over $500 million and extended the facility’s maturity date to April 2027.
  • Kolibri Global Energy Inc. Announces Bank Line Increase to $50 Million
    May 14, 2024
    Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to announce that the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. was increased from US$40 million to US$50 million on its revolving line of credit (“Credit Facility”) from BOK Financial (“BOKF”), an increase of 25%. The current outstanding amount drawn on the Credit Facility is US$32 million.
  • John Marshall Bank Hires Ross A. Berman as Senior Vice President, Commercial Team Lead in Rockville
    May 14, 2024
    -John Marshall Bank (the “Bank”), subsidiary of John Marshall Bancorp, Inc. (Nasdaq: JMSB), is proud to announce the recent hire of Ross A. Berman as Senior Vice President, Commercial Team Lead in the Rockville Market. Mr. Berman will use his over 21 years of experience as a community banker to lead the commercial sales and business development efforts in the Bank’s DC Metro market.
  • Monroe Capital Supports TZP Group’s The Black Tux, Inc.
    May 14, 2024
    Monroe Capital LLC (“Monroe”) today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of refinancing of The Black Tux, Inc. (“The Black Tux”), an existing portfolio company of TZP Group and Stripes Group.
  • Allied OMS and its Doctor Shareholders Secure $116 Million Credit Facility
    May 14, 2024
    Allied OMS, the first and only doctor-led and governed management services organization (MSO) for top-tier oral and maxillofacial surgery practices, announced today that it has closed on a $116 million credit facility from four leading banks in the healthcare sector. KeyBanc Capital Markets served as left lead arranger for the syndicate, which includes BankUnited, N.A., Umpqua Bank, and First-Citizens Bank & Trust Company.
  • Franklin Capital Announces Two $1 Million Factoring Facilities
    May 14, 2024
  • Franklin Capital Announces Two $1 Million Factoring Facilities
    May 14, 2024
    Franklin Capital is pleased to announce the completion of two $1,000,000 factoring facilities. Franklin Capital funded a $1 million factoring facility to an IT supply staffing company and $1 million for a factoring facility media powerhouse.
  • Wolters Kluwer Launches Regulatory Violations Intelligence Index to Highlight Key Trends in U.S. Regulatory Supervision
    May 14, 2024
    Wolters Kluwer has unveiled a compilation of penalties imposed by U.S. financial services regulators over the past several years, providing compliance officers strategic insights into the aggregate volumes and penalty amounts issued to financial services institutions in the United States. Covering a period from 2018 through 2023 reflected in half-year increments, the Regulatory Violations Intelligence Index examines key violation categories—competition-related offenses, consumer protection-related offenses and financial offenses—across federal and state regulatory bodies.
  • Wintrust Business Credit Announces Closing of $15M ABL Line of Credit to Aerospace Distribution Business
    May 13, 2024
    Wintrust Business Credit (WBC) is happy to announce the closing of a new $15,000,000 ABL line of credit for a Southeast-headquartered aerospace distribution business with subsidiaries from the Southwest to the Northeast.
  • NextEnergy Solar Fund has extended its existing £70m short-term Revolving Credit Facility
    May 13, 2024
    NextEnergy Solar Fund is pleased to announce it has extended its existing £70m short-term Revolving Credit Facility ("RCF") with Santander previously due to expire in June 2024.
  • Mogo Extends Maturity of $60 Million Credit Facility to 2026
    May 13, 2024
    Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced an amendment to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The amendment extends the maturity date of the Credit Facility from July 2, 2025 to January 2, 2026
  • Creative Realities to Restructure Debt Through Revolving Credit Facility
    May 13, 2024
    Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced that it had signed a non-binding commitment letter with First Merchants Bank (“First Merchants”) for a $20 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • MidCap Financial and Great Rock Capital Provide a $140 Million Senior Secured Credit Facility to Sponsor-Owned Housewares Company
    May 13, 2024
    MidCap Financial, a middle-market focused, specialty finance firm, and Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that they have provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products.
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