LSQ, a leading provider of working capital finance and payments solutions, recently originated twin $2 million invoice finance facilities for sister companies serving the electric utility industry.

Montfort Capital Corporation, a trusted provider of focused private credit strategies for institutional investors, family offices, and wealth managers, today announced an up to C$200 million senior secured, revolving credit facility (the "Credit Facility") for its wholly-owned subsidiary Brightpath Capital Corporation ("Brightpath") from funds managed by Atalaya Capital Management LP ("Atalaya").

Natixis CIB acted as Joint Lead Arranger, Co-Green Loan Coordinator and Joint Bookrunner. Natixis CIB was also the sole Documentation Agent and Administrative Agent across the four financings.

Altera, an alternative asset manager that capitalizes the lower middle market, announced that it has surpassed $400M of capital commitments across its flagship private equity strategies and thematic private investments. Since inception, the firm has backed over 35 GPs across private equity, real assets, and private credit.

Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that Matador and its lenders successfully amended the Company’s credit agreement to, among other things, (1) increase the elected commitment from $1.325 billion to $1.5 billion, (2) increase the maximum facility amount from $2.0 billion to $3.5 billion and (3) extend the maturity date by three years to 2029. Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Thomas McDermott, CISA, CRISC, CGEIT, Principal, CohnReznick Advisory, has been named one of The Consulting Report’s Top 25 Technology Consultants and Leaders of 2024.

Gordon Brothers, the global asset experts, has completed the acquisition of substantially all the assets of Catch Co., a portfolio of fishing brands that has generated nearly $300 million in revenue since its inception in 2012 with the launch of Mystery Tackle Box.

-KBRA DLD, a division of KBRA Analytics, recently released its latest Direct Lending Default Report on the U.S. direct lending market. Highlights from the report are below:

Dext Capital (Dext), a leading essential-use healthcare equipment lessor, announces the upsize of its investment-grade corporate note. The proceeds will be used to fund new originations and growth initiatives.

Eclipse Business Capital LLC (“EBC”) announced that it has provided a $15 million senior secured ABL credit facility to a connector and cable manufacturer that primarily serves the telecommunications industry.

Erik joined WebBank in September 2016 as the Vice President of Due Diligence and Implementation bringing many years of risk management, business development, operations, relationship management and leadership experience.

Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer.

A cutting-edge artificial intelligence company based in Salt Lake City faced a funding roadblock during a four-month engagement with a potential funding source. Despite persistent efforts, the needed funding remained elusive, hindering the company's ability to capitalize on emerging opportunities within the AI sector.

B. Riley Financial (Nasdaq: RILY) ("B. Riley") is pleased to announce it was honored by The M&A Advisor at the 18th Annual Turnaround Awards Gala during the 2024 Distressed Investing Summit on March 18-19, 2024 in Palm Beach, FL.

Dye & Durham Limited ("Dye & Durham" or "Holdings"), (TSX: DND) today announced that Dye & Durham Corporation (the "Company"), a wholly-owned subsidiary of Holdings, commenced the marketing of a new senior secured Term Loan B facility and revolving credit facility (the "New Senior Secured Credit Facilities"). In conjunction with the New Senior Secured Credit Facilities, and subject to market and other conditions

SSG 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, 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 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.

The 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 & 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.