Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded a new $3,000,000 revolving Accounts Payable funding facility for a distribution company that provides consumer products to travel centers, convenience stores and other retail outlets.

Audacy, the struggling multi-platform audio content company, has begun prepackaged Chapter 11 bankruptcy proceedings in US Bankruptcy Court for the Southern District of Texas, the company announced Sunday.

Thoma Bravo, a leading software investment firm, today announced the completion of its strategic growth investment in BlueMatrix, a leading end-to-end content creation and distribution platform for investment research providers.

eCapital Corp. (“eCapital” or “the Company”), a leading technology-enabled provider of financing to small and medium-sized businesses (SMBs) across North America and the U.K., closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million.

Garnet Capital Advisors, a leading broker of loan portfolios, is excited to announce the addition of two new partners to their ownership structure: Magda Kielar and Andy Carlson. This elevation of two long-term Garnet professionals to partner level demonstrates Garnet Capital's continuing commitment to growth and innovation.

EdgeCore Digital Infrastructure, a wholesale data center developer, owner and operator, today announced the completion of a $1.9 billion debt financing transaction to fund scalable development on its data center campus in Mesa, Arizona.

-Core Scientific, Inc. (OTC: CORZQ) ("Core Scientific" or the “Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced it has pre-paid the outstanding balance on the debtor-in-possession (“DIP”) financing package provided by B. Riley Financial (NASDAQ: RILY), the Company’s DIP lender.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that both Dudley Baker and Kerr Robertson have joined the firm’s Healthcare Group as Managing Directors. Mr. Baker is based in Dallas covering healthcare information technology (HCIT), while Mr. Robertson is based in Charlotte, covering behavioral healthcare and other healthcare services.

Obra Capital, Inc. (“Obra”), an asset management firm with a specialized approach to alternative investing, today announced that Scott Macklin has been appointed Head of US Leveraged Finance. In this role, Macklin will be responsible for managing Obra’s CLO management platform, including driving investment strategy and portfolio construction, deal sourcing and execution, risk management and market research.

ING, Natixis CIB, and SMBC are the Coordinating Lead Arrangers and Green Loan Coordinators on the transaction. HSBC is a Joint Lead Arranger and Administrative Agent.

Sagard Healthcare – a biopharmaceutical royalty and credit investor – today announced several developments and milestones for the strategy, including the closing of a $250 million permanent credit facility and the completion of nearly $250 million of new investments.

NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that its wholly owned subsidiary, NextDecade LNG, LLC, has entered into a credit agreement with MUFG Bank, Ltd. as lender and administrative agent that provides for a $50 million senior secured revolving credit facility (the “Revolving Credit Facility”) and a $12.5 million interest term loan (the “Interest Term Loan”).

Gateway Commercial Finance, LLC recently concluded an $800K Debtor in Possession (DIP) factoring arrangement for a long-standing Midwest Distributor, which has been a family-owned business for over 20 years.

Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada. Mr. Voegeli will be based in Toronto.

Following a year marked by banking industry disruption, geopolitical risks and sustained macroeconomic challenges, small and midsize business leaders are sharing a more balanced outlook heading into 2024, while pulling back from previous predictions of a near-term recession, according to JPMorgan Chase’s 2024 Business Leaders Outlook survey released today.

O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided $12 million in senior secured credit facilities to support Soundcore Capital Partners' formation of Door & Dock Holdings, LLC ("Door & Dock Holdings") through its investment into both Top Notch Dock & Door and Top Notch Garage Door (collectively "Top Notch") and Premier Overhead Doors ("Premier").

Auxly Cannabis Group Inc. (TSX: XLY) (OTCQB: CBWTF) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, today announced that it has signed a non-binding term sheet to amend and restate the credit facility (the "Credit Facility") between its wholly-owned subsidiary Auxly Leamington Inc. and a syndicate of lenders, led by the Bank of Montreal as administrative agent

FTI Consulting, Inc. (NYSE: FCN) today announced the promotion of 25 professionals within the firm’s Corporate Finance & Restructuring segment to Senior Managing Director.

Commercial chapter 11 filings increased 72 percent to 6,569 in calendar year 2023 from the previous year’s total of 3,819, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

Ocorian, the specialist global provider of fund administration, capital markets, corporate and fiduciary services, has appointed Matt Bythell as Chief Marketing Officer as it continues to strengthen its leadership team.