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Access Capital
February 7, 2024The story of Access Capital begins with entrepreneurs taking a leap of faith to start a company with the specific purpose of fostering the growth and success of other entrepreneurs across the country.
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First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
February 6, 2024First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida.
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SMBC Americas Continues Expansion With Senior High Yield and Leveraged Finance Hires
February 6, 2024Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced the appointment of Clarke Adams as Head of High Yield Capital Markets and Matt Burke as Head of Leveraged Finance Origination. Additionally, Clarke joins Miguel Roman as Co-Head of Leveraged Capital Markets.
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Coherus Amends Term Loan Agreement with Pharmakon Advisors, LP
February 6, 2024Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced it has entered into an agreement with Pharmakon Advisors, LP to revise the terms of its loan agreement entered in January 2022. Following the closing of the previously announced divestiture of the ophthalmology franchise to Sandoz, Coherus plans to prepay $175 million of $250 million principal balance in Q2 2024, leaving a residual balance of $75 million and reducing projected annual interest payments by about 70%.
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Richard F. NeJame Joins England & Company to Expand Capital Structure Advisory Practice
February 6, 2024England & Company, a leading independent investment bank, announced today that Richard F. NeJame has joined the firm to enhance its Capital Structure Advisory Practice, focusing on corporate restructuring and special situations. Mr. NeJame brings over 25 years of experience advising leveraged and distressed corporate clients, as well as institutional, private equity, and other investing clients.
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Axiom Bank, N.A. Provides $10 Million for Purchaser and Collection Management of Medical Receivables
February 6, 2024Axiom Bank, N.A. announced it has provided a $10 million revolving line of credit for a company that is a purchaser and collection management of medical receivables.
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Republic Business Credit Provides $12.5 Million Asset-Based Loan to Illinois-based Food Manufacturer and Distributor
February 6, 2024In January 2024, Republic Business Credit financed a $9.0 million revolver and a $3.5 million real estate term loan for a family-owned, Illinois-based food manufacturing company.
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Deal #3508
February 6, 2024
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Deal #3507
February 6, 2024
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Deal #3506
February 6, 2024
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Deal #3505
February 6, 2024
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Deal #3504
February 6, 2024
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J D Factors Provides $7.5 Million in New Factoring Facilities to 26 New Clients in January
February 6, 2024J D Factors provided $7,555,000 in new factoring facilities to 26 new clients in the US and Canada during the month of January. Some of these facilities include: a $500,000 factoring facility for a transportation company in South Carolina; $1,500,000 factoring facility for a gas detection sensor manufacturing company in Nevada.
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First Business Bank’s Asset-Based Lending Team Funds $8 Million Credit Facility For Restructuring
February 6, 2024Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $8,000,000 revolving line of credit, equipment term loan, and a capital expenditure equipment loan to a healthy snack food manufacturer in Wisconsin for restructuring.
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Aequum Capital Provides $21.6MM in Credit Facilities to a Leading Freight Management and Logistics Company
February 6, 2024Aequum Capital is pleased to announce it recently closed $21,600,000 in credit facilities to a leading logistics and transportation organization providing hauling services to the New Mexico and Rocky Mountain Region. The credit facilities support ongoing working capital needs in the form of a working capital revolver, term loan, and a delayed draw term loan.
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Blank Rome Adds Experienced Litigator Audrey Momanaee in Houston
February 6, 2024Blank Rome LLP is pleased to announce that Audrey F. Momanaee has joined the firm’s Houston office as partner in the Commercial Litigation group. As an accomplished litigator, Audrey focuses her practice on matters involving business disputes, commercial and contract claims, catastrophic property claims, construction defects and delays, and matters involving trade secret protection and litigation.
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AGS Successfully Completes Term Loan Repricing; Voluntarily Repays $15 Million of Its Total Debt Outstanding
February 6, 2024PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company") today announced it has successfully completed a repricing of its term loan credit facility. Among other things, the repricing removes the credit spread adjustment with respect to term loan borrowings and reduces the interest rate applied to such borrowings to the Secured Overnight Financing Rate (“SOFR”) plus 3.75%.
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Otterbourg Adds Restructuring and Bankruptcy Partner Sunni Beville
February 6, 2024Otterbourg P.C. is pleased to announce that Sunni P. Beville has joined the firm as a partner in its Restructuring and Bankruptcy Department and as a Co-Leader of its Mass Torts Bankruptcy Practice Group. Ms. Beville comes to Otterbourg from Brown Rudnick, where she was a partner in the Bankruptcy & Corporate Restructuring Practice Group.
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Deal #3500
February 6, 2024
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Deal #3499
February 6, 2024
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Access Capital
February 7, 2024The story of Access Capital begins with entrepreneurs taking a leap of faith to start a company with the specific purpose of fostering the growth and success of other entrepreneurs across the country.
-
First Citizens Bank Provides $22.5 Million for Orlando Ambulatory Surgery Center
February 6, 2024First Citizens Bank today announced that it has provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida.
-
SMBC Americas Continues Expansion With Senior High Yield and Leveraged Finance Hires
February 6, 2024Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced the appointment of Clarke Adams as Head of High Yield Capital Markets and Matt Burke as Head of Leveraged Finance Origination. Additionally, Clarke joins Miguel Roman as Co-Head of Leveraged Capital Markets.
-
Coherus Amends Term Loan Agreement with Pharmakon Advisors, LP
February 6, 2024Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced it has entered into an agreement with Pharmakon Advisors, LP to revise the terms of its loan agreement entered in January 2022. Following the closing of the previously announced divestiture of the ophthalmology franchise to Sandoz, Coherus plans to prepay $175 million of $250 million principal balance in Q2 2024, leaving a residual balance of $75 million and reducing projected annual interest payments by about 70%.
-
Richard F. NeJame Joins England & Company to Expand Capital Structure Advisory Practice
February 6, 2024England & Company, a leading independent investment bank, announced today that Richard F. NeJame has joined the firm to enhance its Capital Structure Advisory Practice, focusing on corporate restructuring and special situations. Mr. NeJame brings over 25 years of experience advising leveraged and distressed corporate clients, as well as institutional, private equity, and other investing clients.
-
Axiom Bank, N.A. Provides $10 Million for Purchaser and Collection Management of Medical Receivables
February 6, 2024Axiom Bank, N.A. announced it has provided a $10 million revolving line of credit for a company that is a purchaser and collection management of medical receivables.
-
Republic Business Credit Provides $12.5 Million Asset-Based Loan to Illinois-based Food Manufacturer and Distributor
February 6, 2024In January 2024, Republic Business Credit financed a $9.0 million revolver and a $3.5 million real estate term loan for a family-owned, Illinois-based food manufacturing company.
-
Deal #3508
February 6, 2024
-
Deal #3507
February 6, 2024
-
Deal #3506
February 6, 2024
-
Deal #3505
February 6, 2024
-
Deal #3504
February 6, 2024
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J D Factors Provides $7.5 Million in New Factoring Facilities to 26 New Clients in January
February 6, 2024J D Factors provided $7,555,000 in new factoring facilities to 26 new clients in the US and Canada during the month of January. Some of these facilities include: a $500,000 factoring facility for a transportation company in South Carolina; $1,500,000 factoring facility for a gas detection sensor manufacturing company in Nevada.
-
First Business Bank’s Asset-Based Lending Team Funds $8 Million Credit Facility For Restructuring
February 6, 2024Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $8,000,000 revolving line of credit, equipment term loan, and a capital expenditure equipment loan to a healthy snack food manufacturer in Wisconsin for restructuring.
-
Aequum Capital Provides $21.6MM in Credit Facilities to a Leading Freight Management and Logistics Company
February 6, 2024Aequum Capital is pleased to announce it recently closed $21,600,000 in credit facilities to a leading logistics and transportation organization providing hauling services to the New Mexico and Rocky Mountain Region. The credit facilities support ongoing working capital needs in the form of a working capital revolver, term loan, and a delayed draw term loan.
-
Blank Rome Adds Experienced Litigator Audrey Momanaee in Houston
February 6, 2024Blank Rome LLP is pleased to announce that Audrey F. Momanaee has joined the firm’s Houston office as partner in the Commercial Litigation group. As an accomplished litigator, Audrey focuses her practice on matters involving business disputes, commercial and contract claims, catastrophic property claims, construction defects and delays, and matters involving trade secret protection and litigation.
-
AGS Successfully Completes Term Loan Repricing; Voluntarily Repays $15 Million of Its Total Debt Outstanding
February 6, 2024PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company") today announced it has successfully completed a repricing of its term loan credit facility. Among other things, the repricing removes the credit spread adjustment with respect to term loan borrowings and reduces the interest rate applied to such borrowings to the Secured Overnight Financing Rate (“SOFR”) plus 3.75%.
-
Otterbourg Adds Restructuring and Bankruptcy Partner Sunni Beville
February 6, 2024Otterbourg P.C. is pleased to announce that Sunni P. Beville has joined the firm as a partner in its Restructuring and Bankruptcy Department and as a Co-Leader of its Mass Torts Bankruptcy Practice Group. Ms. Beville comes to Otterbourg from Brown Rudnick, where she was a partner in the Bankruptcy & Corporate Restructuring Practice Group.
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Deal #3500
February 6, 2024
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Deal #3499
February 6, 2024
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