Velocity Financial, Inc. (NYSE: VEL; “Velocity” or the “Company”) today announced a definitive agreement to acquire the operating platform of Toorak Capital LLC (“Toorak”), a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase of Toorak’s existing portfolio of business-purpose loans (“BPL”) totaling approximately $3 billion in unpaid principal balance across whole loans and loans held in Toorak Mortgage Trust and TRK Trust securitizations.

Garrington Capital, a senior secured, asset-based lender to the middle market, today announced it has provided a $2 million equipment financing facility to an oil and gas service entity operating in Nevada. The borrower's name is being withheld at its request.

eCapital Corp. ("eCapital"), an AI-powered fintech company building the next generation of specialty finance, has provided an $11 million healthcare receivables financing facility to a nationwide pharmacy provider serving patients with complex treatment needs.

XEN, a leading origination and management platform for factors and lenders, today announced its partnership with SureLine Capital, a Utah-based factor serving clients nationwide, who now manages all front-end operations on the XEN platform.

DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its previously announced (i) $700 million senior secured term loan B credit facility (the “Term Loan B”) and (ii) $750 million senior secured revolving credit facility (the “New Revolving Facility”), which replaced its existing $500 million senior secured revolving credit facility that was scheduled to mature in November 2029.

Citizens Capital Markets & Advisory today announced that Whitney Mikell has joined its Real Estate, Gaming, Lodging & Leisure (REGLL) Investment Banking team as a Managing Director.

The global law firm Jones Day announced today that Bo Huang has joined the Firm as of counsel in its Global Disputes practice, based in the Firm's Hong Kong office.

TowerCap has provided a $1 million factoring facility to an Arkansas-based staffing company following a sharp return to growth after an extended period of limited trading.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $15 million senior secured credit facility supporting the acquisition of an apparel retailer operating a chain of 70+ stores across the Northeast and Midwest.

Catalent, Inc., the leading global contract development and manufacturing organization (CDMO) dedicated to helping people live better and healthier lives, today announced the successful completion of a refinancing transaction to support continued growth and investments in its business to better support its customers.

Buchanan Ingersoll & Rooney continues to expand its Bankruptcy & Creditors’ Rights capabilities in New Jersey with the addition of Thomas Halm as a shareholder in the firm’s Princeton office.

Boxwood Partners, a boutique investment bank specializing in founder-led and private equity-backed businesses, today announced that it has served as the exclusive financial advisor to AmCoat Industrial ("AmCoat" or "the Company")

The $5.75 billion offering was upsized from the previously announced offering size of $4.5 billion and reflects the exercise by the initial purchasers of their options to purchase additional bonds.

A cross-border Mayer Brown team advised the administrative agent and the revolving credit lender group in connection with a debt restructuring and recapitalization transaction of Foundever Group, a global integrated customer experience, digital operations and analytics services provider.

Mayer Brown announced today that finance lawyer Justin Hewett has joined the firm in Houston as a partner in its Global Leveraged Finance and Private Capital Group. He joins from DLA Piper. Justin’s arrival marks Mayer Brown’s continued growth and expansion into Texas.

Republic Business Credit announced the funding of a $1 million factoring facility for a Louisiana-based utility infrastructure startup. The customized financing solution provides the essential working capital needed to support the Company's projected growth over the next 18 to 24 months.

Archway FinCo, a national private credit firm providing tailored capital solutions to middle-market companies, announced today that Mark Pickering has joined the firm as Managing Director, further strengthening Archway’s asset-based lending capabilities and expanding the depth of experience available to its clients and referral partners.

Thompson Coburn is pleased to announce that 163 attorneys have been recognized in the 2027 edition of The Best Lawyers in America® and the Best Lawyers: Ones to Watch® in America, an affirmation of the firm’s unwavering commitment to delivering outstanding legal counsel and client care.

eCapital UK are delighted to announce the appointment of Camilla Woodrow as its new Head of HR as the business continues to expand.

A Utah-based logistics and industrial equipment distributor has secured a $1 million combined purchase order financing and accounts receivable facility from SouthStar Capital.