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Home > Chapters > Canada > News Detail
  • First Horizon Names Ashley Argo Deputy Chief Risk Officer
    February 28, 2024
    First Horizon Corporation, (NYSE: FHN or "First Horizon") has promoted Ashley Argo to Deputy Chief Risk Officer. Argo has held multiple roles in her 19-year tenure with First Horizon Bank in various departments including Accounting, Credit and Risk Management.
  • Thrasio Takes Steps to Strengthen Financial Position
    February 28, 2024
    Thrasio Holdings, Inc. ("Thrasio" or "the Company") today announced that it has entered into a restructuring support agreement (the "Restructuring Support Agreement") with approximately 81% of its revolving credit facility lenders and approximately 88% of its term loan lenders that will eliminate approximately $495 million of the Company's existing debt, defer all interest payments in the first year post-emergence and infuse new capital into the Company.
  • RelPro Named to Inc.’s List of Fastest-Growing Northeast Companies for Third Consecutive Year
    February 28, 2024
    For the third consecutive year, RelPro has been recognized as one of the fastest-growing private companies in the Northeast. RelPro is ranked #115 on the Inc. Magazine 2024 Northeast Regional list published today, up from #122 in 2023. The Inc. Northeast ranking compares the performance of companies based in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
  • Mitsubishi HC Capital Canada Promotes David Gagnon and Philippe Frenette to Vice President Roles
    February 28, 2024
    Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, announces leadership promotions of David Gagnonas Vice President of the newly created Strategy and Sales Operations division, and Philippe Frenette as the new Vice President, Risk, Portfolio Management and Credit.
  • SLR Business Credit Funds $50 Million Credit Facility
    February 28, 2024
    SLR Business Credit is pleased to announce the funding of a $50 Million Asset-Based Revolving Line of Credit for a tech-enabled staffing platform. The funds will be used to provide additional working capital for growth.
  • Dechert Advises Kier Group with a Resizing and Extension of its £475 million Revolving Credit Facility
    February 28, 2024
    Dechert LLP advised Kier Group plc, a leading UK infrastructure services, construction and property group, in connection with a resizing and extension of its £475 million revolving credit facility as part of a broader refinancing of its existing facilities and private placement notes.
  • Cahill Represents Lead Arrangers In $579 Million Credit Facility For Covanta Holding Corporation
    February 28, 2024
    Cahill represented the lead arrangers in connection with $579 million of sustainability-linked incremental term loan B and term loan C credit facilities for Covanta Holding Corporation.
  • MidCap Business Credit LLC Completes an $8 Million Asset Based Credit Facility to a Distributor of Ready to Assemble Wooden Furniture Frames
    February 27, 2024
    MidCap Business Credit LLC announced today that it has completed an $8 million asset- based credit facility to a distributor of ready to assemble wooden furniture frames. The opportunity was sourced and closed out of MidCap’s regional office in West Hartford, CT.
  • Ares Commercial Finance Expands Presence in Michigan with Verazain as Managing Director for Business Development and Underwriting Teams
    February 27, 2024
    Ares Commercial Finance is pleased to announce that it has expanded its presence in Michigan with the addition of Victor Verazain as Managing Director for the Business Development and Underwriting teams.
  • Republic Business Credit Provides $5 Million Asset-Based Loan for Chicago-based Modern Sprout
    February 27, 2024
    Republic provided a $5 million asset-based loan that provided additional availability on their inventory and e-commerce sales during their seasonal ramp periods.
  • Lighthouse Financial Corp. Announces Promotion of Todd Miller to EVP and Chief Credit Officer
    February 27, 2024
    Lighthouse Financial Corp. is pleased to announce the promotion of Todd Miller to Executive Vice President and Chief Credit Officer. In his new role, Mr. Miller will take on the additional responsibility of ensuring the credit worthiness of the overall portfolio of asset based loans while managing his own portfolio and serving on the credit committee.
  • Hogan Lovells expands Capital Markets Practice with Addition of São Paulo Partner
    February 27, 2024
    Global law firm Hogan Lovells announced today that Jonathan Lewis has joined as a capital markets partner in the firm’s Corporate & Finance Practice group in the São Paulo office.
  • Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date ​
    February 27, 2024
    In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of its longstanding clients, a steel manufacturer based in Europe with operations worldwide.
  • EagleBank Provides $18 Million in Financing to DT Global, LLC to Continue Transformative Work in the USAID Space
    February 27, 2024
    EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has successfully closed $18,000,000 in credit facilities to DT Global, LLC and Subsidiaries.
  • Aterian Further Strengthens Its Balance Sheet With Extension Of Its Credit Facility
    February 27, 2024
    Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced that it has extended its asset backed credit facility (“Credit Facility”) with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc.
  • Small Businesses Appear Optimistic About Growth Despite Critical Cash Flow Issues, According to Latest Pathward Research
    February 27, 2024
    Pathward®, N.A., today announced the release of its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70% consider themselves to be in growth mode.
  • SLR Healthcare ABL Provides Financing to Home Health & Hospice Provider
    February 27, 2024
    SLR Healthcare ABL recently closed a $3MM asset-based revolving credit facility for a PE backed home health and hospice provider (the “Company”).
  • Affidea Successfully Reprices its Debt and Raises an Additional €200 Million Credit Facility to Support the Company's Continued Growth Plans
    February 27, 2024
    Affidea, Europe's largest community-based outpatient services provider with a core in diagnostic imaging that has grown to offer a broad service portfolio with symbiotic adjacent services including outpatient services, lab services and cancer care, announces the successful repricing of its debt structure and completion of €200m Fungible Term Loan B.
  • SB360 Capital Partners Continues Rapid Growth with the Addition of Retail Finance Industry Veteran Marc S. Price
    February 26, 2024
    Schottenstein affiliate SB360 Capital Partners (SB360), a leading asset realization and advisory firm, is pleased to announce the appointment of finance industry veteran Marc S. Price as Executive Vice President of Corporate Development. Based in the Boston office, Marc will work with the senior leadership team across the broader SB360 platform to identify and pursue opportunities that align with the company's retail growth strategy.
  • InterNex Capital Announces $5 Million Facility to Wholesaler
    February 26, 2024
    InterNex Capital provided a $5 million revolving line of credit to a consumer goods company specializing in kitchen utensils. The company operates across various distribution channels, including direct to consumer, online marketplaces, big box retailers, and discount stores.
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  • First Horizon Names Ashley Argo Deputy Chief Risk Officer
    February 28, 2024
    First Horizon Corporation, (NYSE: FHN or "First Horizon") has promoted Ashley Argo to Deputy Chief Risk Officer. Argo has held multiple roles in her 19-year tenure with First Horizon Bank in various departments including Accounting, Credit and Risk Management.
  • Thrasio Takes Steps to Strengthen Financial Position
    February 28, 2024
    Thrasio Holdings, Inc. ("Thrasio" or "the Company") today announced that it has entered into a restructuring support agreement (the "Restructuring Support Agreement") with approximately 81% of its revolving credit facility lenders and approximately 88% of its term loan lenders that will eliminate approximately $495 million of the Company's existing debt, defer all interest payments in the first year post-emergence and infuse new capital into the Company.
  • RelPro Named to Inc.’s List of Fastest-Growing Northeast Companies for Third Consecutive Year
    February 28, 2024
    For the third consecutive year, RelPro has been recognized as one of the fastest-growing private companies in the Northeast. RelPro is ranked #115 on the Inc. Magazine 2024 Northeast Regional list published today, up from #122 in 2023. The Inc. Northeast ranking compares the performance of companies based in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
  • Mitsubishi HC Capital Canada Promotes David Gagnon and Philippe Frenette to Vice President Roles
    February 28, 2024
    Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, announces leadership promotions of David Gagnonas Vice President of the newly created Strategy and Sales Operations division, and Philippe Frenette as the new Vice President, Risk, Portfolio Management and Credit.
  • SLR Business Credit Funds $50 Million Credit Facility
    February 28, 2024
    SLR Business Credit is pleased to announce the funding of a $50 Million Asset-Based Revolving Line of Credit for a tech-enabled staffing platform. The funds will be used to provide additional working capital for growth.
  • Dechert Advises Kier Group with a Resizing and Extension of its £475 million Revolving Credit Facility
    February 28, 2024
    Dechert LLP advised Kier Group plc, a leading UK infrastructure services, construction and property group, in connection with a resizing and extension of its £475 million revolving credit facility as part of a broader refinancing of its existing facilities and private placement notes.
  • Cahill Represents Lead Arrangers In $579 Million Credit Facility For Covanta Holding Corporation
    February 28, 2024
    Cahill represented the lead arrangers in connection with $579 million of sustainability-linked incremental term loan B and term loan C credit facilities for Covanta Holding Corporation.
  • MidCap Business Credit LLC Completes an $8 Million Asset Based Credit Facility to a Distributor of Ready to Assemble Wooden Furniture Frames
    February 27, 2024
    MidCap Business Credit LLC announced today that it has completed an $8 million asset- based credit facility to a distributor of ready to assemble wooden furniture frames. The opportunity was sourced and closed out of MidCap’s regional office in West Hartford, CT.
  • Ares Commercial Finance Expands Presence in Michigan with Verazain as Managing Director for Business Development and Underwriting Teams
    February 27, 2024
    Ares Commercial Finance is pleased to announce that it has expanded its presence in Michigan with the addition of Victor Verazain as Managing Director for the Business Development and Underwriting teams.
  • Republic Business Credit Provides $5 Million Asset-Based Loan for Chicago-based Modern Sprout
    February 27, 2024
    Republic provided a $5 million asset-based loan that provided additional availability on their inventory and e-commerce sales during their seasonal ramp periods.
  • Lighthouse Financial Corp. Announces Promotion of Todd Miller to EVP and Chief Credit Officer
    February 27, 2024
    Lighthouse Financial Corp. is pleased to announce the promotion of Todd Miller to Executive Vice President and Chief Credit Officer. In his new role, Mr. Miller will take on the additional responsibility of ensuring the credit worthiness of the overall portfolio of asset based loans while managing his own portfolio and serving on the credit committee.
  • Hogan Lovells expands Capital Markets Practice with Addition of São Paulo Partner
    February 27, 2024
    Global law firm Hogan Lovells announced today that Jonathan Lewis has joined as a capital markets partner in the firm’s Corporate & Finance Practice group in the São Paulo office.
  • Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date ​
    February 27, 2024
    In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of its longstanding clients, a steel manufacturer based in Europe with operations worldwide.
  • EagleBank Provides $18 Million in Financing to DT Global, LLC to Continue Transformative Work in the USAID Space
    February 27, 2024
    EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has successfully closed $18,000,000 in credit facilities to DT Global, LLC and Subsidiaries.
  • Aterian Further Strengthens Its Balance Sheet With Extension Of Its Credit Facility
    February 27, 2024
    Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced that it has extended its asset backed credit facility (“Credit Facility”) with MidCap Financial, which is managed by a subsidiary of Apollo Global Management, Inc.
  • Small Businesses Appear Optimistic About Growth Despite Critical Cash Flow Issues, According to Latest Pathward Research
    February 27, 2024
    Pathward®, N.A., today announced the release of its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70% consider themselves to be in growth mode.
  • SLR Healthcare ABL Provides Financing to Home Health & Hospice Provider
    February 27, 2024
    SLR Healthcare ABL recently closed a $3MM asset-based revolving credit facility for a PE backed home health and hospice provider (the “Company”).
  • Affidea Successfully Reprices its Debt and Raises an Additional €200 Million Credit Facility to Support the Company's Continued Growth Plans
    February 27, 2024
    Affidea, Europe's largest community-based outpatient services provider with a core in diagnostic imaging that has grown to offer a broad service portfolio with symbiotic adjacent services including outpatient services, lab services and cancer care, announces the successful repricing of its debt structure and completion of €200m Fungible Term Loan B.
  • SB360 Capital Partners Continues Rapid Growth with the Addition of Retail Finance Industry Veteran Marc S. Price
    February 26, 2024
    Schottenstein affiliate SB360 Capital Partners (SB360), a leading asset realization and advisory firm, is pleased to announce the appointment of finance industry veteran Marc S. Price as Executive Vice President of Corporate Development. Based in the Boston office, Marc will work with the senior leadership team across the broader SB360 platform to identify and pursue opportunities that align with the company's retail growth strategy.
  • InterNex Capital Announces $5 Million Facility to Wholesaler
    February 26, 2024
    InterNex Capital provided a $5 million revolving line of credit to a consumer goods company specializing in kitchen utensils. The company operates across various distribution channels, including direct to consumer, online marketplaces, big box retailers, and discount stores.
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