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Home > Chapters > Canada > News Detail
  • Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion
    May 1, 2024
    Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it has completed a $500 million upsize in its revolving syndicated credit facility to $2.5 billion with 20 financial institutions, which will expire in March 2027 and can be expanded to $3.0 billion total availability.
  • Golub Capital Announces $2 Billion Final Close for its Sixth Credit Opportunities Fund
    May 1, 2024
    Golub Capital today announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.
  • Emergent BioSolutions Announces Amendment to its Existing Credit Facility
    May 1, 2024
    Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility.
  • Solifi’s Kasey Hobson Wins SFNet 40 Under 40 Award
    May 1, 2024
    Solifi, a global fintech software partner for secured finance, announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.
  • NanoXplore Announces Closing of $60M New Credit Facility and Provides Update on The Financing of Its 5-year Strategic Plan
    April 30, 2024
    NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announces the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to $60M CAD.
  • Stapleton Group Opens Austin, Texas Office, Promotes Betsy Landoll
    April 30, 2024
    Stapleton Group is pleased to announce the opening of its eighth office, in Austin, TX, and that Betsy Landoll has been promoted to Director.
  • Kristen Palmer Joins First Business Bank As Vice President - Accounts Receivable Financing
    April 30, 2024
    First Business Bank welcomes Kristen Palmer to its subsidiary, First Business Specialty Finance, LLC, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.
  • BHI Appoints Nisan Blum as Chief Risk and Compliance Officer ​
    April 30, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.
  • King Trade Capital Provides a $3 Million Purchase Order Finance Facility for AZ Home Décor Company
    April 30, 2024
    King Trade Capital is pleased to announce the completion of a $3 million purchase order finance facility for a growing home décor company in Arizona. The home décor company became familiar with King Trade Capital after being introduced by another King Trade Capital client.
  • SLR Equipment Finance Adds to its Risk Management Team with Kicklighter Hire
    April 30, 2024
    Jon Kicklighter joined SLR Equipment Finance as Senior Vice President of Risk – Vendor Focus. Kicklighter comes to SLR Equipment Finance with more than 15 years of experience in the banking/finance industry. In his new role, Jon will use his knowledge and experience to help grow SLR Equipment Finance’s evolving financial solutions platform.
  • Celtic Capital Corporation Provides $4.4 Million for Job Shop Manufacturer
    April 30, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace.
  • Monroe Capital Supports Wind Point Partners’ Acquisition of MOREgroup, Inc.
    April 30, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners.
  • Accord Financial Drives $25M Facility for Plastics Manufacturer
    April 30, 2024
    Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD), announces the closing of a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.
  • Golub Capital Launches Insurance Solutions Team
    April 30, 2024
    Golub Capital today announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead this newly formed team as Managing Director, Head of Insurance Solutions.
  • KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets
    April 30, 2024
    KKR, a leading global investment firm, today released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
  • UMB Announces Agreement to Acquire Heartland Financial
    April 30, 2024
    UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
  • Private Equity and Venture Capital Industry Shows Resilience and Optimism in 2024 Amidst Shifting Market Dynamics According to S&P Global Market Intelligence Survey
    April 30, 2024
    The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook.
  • Rocky Brands, Inc. Announces Comprehensive Debt Refinancing
    April 30, 2024
    Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.
  • Scotiabank Appoints Travis Machen to Lead Global Banking and Markets Business
    April 30, 2024
    Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024.
  • Slim Capital Achieves Impressive Record Braking First Quarter Milestones with Significant Growth
    April 30, 2024
    SLIM Capital, headquartered in Beverly Hills, California, a distinguished leader in the finance industry, is thrilled to announce a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions.
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  • Group 1 Automotive Upsizes Revolving Credit Facility to $2.5 Billion
    May 1, 2024
    Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced that it has completed a $500 million upsize in its revolving syndicated credit facility to $2.5 billion with 20 financial institutions, which will expire in March 2027 and can be expanded to $3.0 billion total availability.
  • Golub Capital Announces $2 Billion Final Close for its Sixth Credit Opportunities Fund
    May 1, 2024
    Golub Capital today announced the final close of its sixth credit opportunities fund, GEMS Fund 6, L.P. (“the Fund” or “Fund 6”), with $2 billion of investable capital.
  • Emergent BioSolutions Announces Amendment to its Existing Credit Facility
    May 1, 2024
    Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility.
  • Solifi’s Kasey Hobson Wins SFNet 40 Under 40 Award
    May 1, 2024
    Solifi, a global fintech software partner for secured finance, announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.
  • NanoXplore Announces Closing of $60M New Credit Facility and Provides Update on The Financing of Its 5-year Strategic Plan
    April 30, 2024
    NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announces the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to $60M CAD.
  • Stapleton Group Opens Austin, Texas Office, Promotes Betsy Landoll
    April 30, 2024
    Stapleton Group is pleased to announce the opening of its eighth office, in Austin, TX, and that Betsy Landoll has been promoted to Director.
  • Kristen Palmer Joins First Business Bank As Vice President - Accounts Receivable Financing
    April 30, 2024
    First Business Bank welcomes Kristen Palmer to its subsidiary, First Business Specialty Finance, LLC, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.
  • BHI Appoints Nisan Blum as Chief Risk and Compliance Officer ​
    April 30, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.
  • King Trade Capital Provides a $3 Million Purchase Order Finance Facility for AZ Home Décor Company
    April 30, 2024
    King Trade Capital is pleased to announce the completion of a $3 million purchase order finance facility for a growing home décor company in Arizona. The home décor company became familiar with King Trade Capital after being introduced by another King Trade Capital client.
  • SLR Equipment Finance Adds to its Risk Management Team with Kicklighter Hire
    April 30, 2024
    Jon Kicklighter joined SLR Equipment Finance as Senior Vice President of Risk – Vendor Focus. Kicklighter comes to SLR Equipment Finance with more than 15 years of experience in the banking/finance industry. In his new role, Jon will use his knowledge and experience to help grow SLR Equipment Finance’s evolving financial solutions platform.
  • Celtic Capital Corporation Provides $4.4 Million for Job Shop Manufacturer
    April 30, 2024
    Celtic Capital Corporation today announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace.
  • Monroe Capital Supports Wind Point Partners’ Acquisition of MOREgroup, Inc.
    April 30, 2024
    Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners.
  • Accord Financial Drives $25M Facility for Plastics Manufacturer
    April 30, 2024
    Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD), announces the closing of a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.
  • Golub Capital Launches Insurance Solutions Team
    April 30, 2024
    Golub Capital today announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead this newly formed team as Managing Director, Head of Insurance Solutions.
  • KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets
    April 30, 2024
    KKR, a leading global investment firm, today released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
  • UMB Announces Agreement to Acquire Heartland Financial
    April 30, 2024
    UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
  • Private Equity and Venture Capital Industry Shows Resilience and Optimism in 2024 Amidst Shifting Market Dynamics According to S&P Global Market Intelligence Survey
    April 30, 2024
    The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook.
  • Rocky Brands, Inc. Announces Comprehensive Debt Refinancing
    April 30, 2024
    Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.
  • Scotiabank Appoints Travis Machen to Lead Global Banking and Markets Business
    April 30, 2024
    Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024.
  • Slim Capital Achieves Impressive Record Braking First Quarter Milestones with Significant Growth
    April 30, 2024
    SLIM Capital, headquartered in Beverly Hills, California, a distinguished leader in the finance industry, is thrilled to announce a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions.
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