• Santander Bank Unifies U.S. Commercial Businesses, Names Michael Lee Head of Commercial Banking
    October 23, 2023
    Santander Bank, N.A. (“Santander” or “the Bank”) recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Mike joined Santander in 2009, and most recently served as Managing Director and Head of Commercial Real Estate & Vehicle Finance. He will continue to report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO.
  • PacWest Bancorp and Banc of California Receive Final Regulatory Approval for Merger
    October 23, 2023
    PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of PacWest and Banc of California, Inc. (“Banc of California”) and their respective bank subsidiaries, Pacific Western Bank and Banc of California, N.A.
  • Citizens Redefines Private Banking Sector With Launch of Citizens Private Bank
    October 23, 2023
    Citizens Financial Group, Inc. (NYSE: CFG) today announced the national launch of Citizens Private Bank, a significant milestone in Citizens’ long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key markets.
  • Spring Oaks Capital Successfully Completes New Credit Facility and Capital Raise
    October 23, 2023
    Spring Oaks Capital, LLC is pleased to announce the closing of a new credit facility, as well as a large capital raise to support the growth of its technology-focused consumer debt investing and collections platform. The $150 million senior secured revolving credit facility is provided by funds managed by Värde Partners and UBS O’Connor.
  • Meers Joins CohnReznick as Managing Director, Technology+
    October 23, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Dan Meers has joined the firm as a Managing Director in its Technology+ practice. Meers will assume the role of data and analytics leader for the practice, initially focusing on delivering technology and data solutions to CohnReznick clients in the federal government/public sector and financial services industries.
  • First Citizens Bank Closes More Than $66 Million in Financings with Consumer Products Companies
    October 19, 2023
    First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.
  • Mammoth Energy Announces Revolving Credit Facility Refinancing
    October 19, 2023
    The new five-year revolving credit facility with Fifth Third Bank, National Association ("Fifth Third"), provides for revolving commitments of up to $75 million, subject to a borrowing base calculation prepared monthly. The new five-year term loan agreement with Wexford Capital LP ("Wexford"), an affiliate of Mammoth, provides for term commitments of $45 million.
  • AVITA Medical, Inc. Enters into a Credit Agreement for a Credit Facility Up to $90 Million
    October 19, 2023
    AVITA Medical, Inc. entered into a Credit Agreement, by and between the Company, as borrower, and an affiliate of OrbiMed as the lender and administrative agent . The Credit Agreement provides for a five-year senior secured credit facility in an aggregate principal amount of up to $90 million, of which (i) $40 million was made available on the Closing Date,
  • Pantheon International plc Announces Refinancing of Credit Facility with Additional Flexibility
    October 19, 2023
    Pantheon International PLC announced that it has agreed a new £500 million equivalent multi-tranche, multi-currency revolving credit facility agreement (the "Loan Facility"), which replaces the existing £500 million equivalent credit facility and Credit Suisse AG London Branch as a Lender.
  • Haversine Funding Announces OnDeck with Haversine, a Limited Series Podcast Dedicated to the Specialty Finance Industry
    October 19, 2023
    Haversine Funding, a premier lender finance platform in the specialty finance space, proudly announces its newest endeavor - the limited series podcast, OnDeck with Haversine. Available on Spotify, YouTube, Apple, Google Podcasts, and LinkedIn, audiences can anticipate monthly episodes into early 2024.
  • Clifford Chance Continues US Energy & Infrastructure Growth With Hire of Partner Cephas Sekhar and Counsel Kyle Kreshover in Houston
    October 19, 2023
    Global law firm Clifford Chance has hired corporate M&A partner Cephas Sekhar in its Houston office. Sekhar's appointment sees the Houston team grow to 11 partners following its opening in June, which marked the expansion of the firm's global Energy & Infrastructure team in the US.
  • BMO Blue Book: U.S. Economy is Resilient but Predicted to Slow in Early 2024
    October 19, 2023
    New flagship research report, BMO Blue Book, features regional economic analysis from BMO experts and an outlook for the U.S. economy.
  • First Citizens Announces Leadership Changes in Community Association Banking Business
    October 19, 2023
    First Citizens today announced leadership changes in its Community Association Banking business - including naming Nick Mirabal as its new head of Association Banking and expanding the roles of several leaders - to drive continued collaboration and synergy.
  • nFusion Capital Welcomes Brice Reid to the Team
    October 19, 2023
    nFusion Capital (the “Company”), a leading commercial finance company to entrepreneurs, announced that William Brice Reid has joined their team as Senior Vice President. Brice will be responsible for receivables purchasing, asset-based lending and loan originations and developing client and referral relationships across the United States. He will be based in nFusion Capital’s Dallas office.
  • A&G Announces Plan to Sell Certain Company-Owned Store Leases and Properties in Connection with Rite Aid’s Financial Restructuring
    October 19, 2023
    A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation (the “Company”), today announced plans to market for sale 78 Rite Aid and Bartell Drugs neighborhood pharmacy leases, as well as 21 fee-owned properties, pending approval by the U.S. Bankruptcy Court for the District of New Jersey.
  • Gridiron Capital Closes Fifth Fund Above Target at $2.1 Billion
    October 18, 2023
    Gridiron Capital, LLC (“Gridiron Capital” or the “firm”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the closing of Gridiron Capital Fund V and its affiliated funds (“Gridiron V”) at $2.1 billion, which exceeded its target of $1.8 billion and represents an increase in fund size of 56% over the prior fund, Gridiron IV.
  • Siena Lending Group LLC Announces the Closing of a CDN$30 Million Credit Facility for Capital Health Partners
    October 18, 2023
    Siena Lending Group LLC ("Siena") is pleased to announce the closing of a CDN$30 million credit facility to support the acquisition of Ottawa, Canada based companies Ontario Medical Supply (“OMS”) and Royal Drugs, by Capital Health Partners (“CHP”). CHP will carry on and expand OMS’ medical service offering that targets the homecare patient population.
  • Michael Burden & Al Williams Join Gordon Brothers as Co-Heads of North America Real Estate Services
    October 18, 2023
    Michael Burden and Al Williams have joined Gordon Brothers, the global asset experts, as Co-Heads of North America Real Estate Services. Burden and Williams will lead the growth and expansion of Gordon Brothers’ real estate services platform providing full life cycle portfolio optimization services to retail, office, commercial and industrial clients. They will focus on helping companies develop and implement operational efficiency plans within their real estate portfolios.
  • InterNex Capital Announces $1.5 Million Facility to HVAC Company
    October 18, 2023
    InterNex Capital provided a $1.5 million revolving line of credit to a company that specializing in selling and installing HVAC systems for residential communities. They also offer repair services. The company was referred by an existing InterNex construction services client.
  • Citizens Announces Appointment of Business Banking, Consumer Strategy Leaders
    October 18, 2023
    Citizens today announced the appointment of Mark Valentino as Head of Business Banking and Witt Nicholson as Head of Consumer Strategy. Valentino, who will be based in Massachusetts, is rejoining Citizens from LA Downtown Medical Center, a three-campus community hospital and affiliated long-term care business, where he served as CEO and CFO. Prior to his role there he was the Head of Healthcare and Not-for-Profit Banking at Citizens and, previously, the National Sales Manager for Corporate Banking.
  • Santander Bank Unifies U.S. Commercial Businesses, Names Michael Lee Head of Commercial Banking
    October 23, 2023
    Santander Bank, N.A. (“Santander” or “the Bank”) recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Mike joined Santander in 2009, and most recently served as Managing Director and Head of Commercial Real Estate & Vehicle Finance. He will continue to report to Tim Wennes, Santander US CEO and Country Head, and Santander Bank President and CEO.
  • PacWest Bancorp and Banc of California Receive Final Regulatory Approval for Merger
    October 23, 2023
    PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today announced that the Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of PacWest and Banc of California, Inc. (“Banc of California”) and their respective bank subsidiaries, Pacific Western Bank and Banc of California, N.A.
  • Citizens Redefines Private Banking Sector With Launch of Citizens Private Bank
    October 23, 2023
    Citizens Financial Group, Inc. (NYSE: CFG) today announced the national launch of Citizens Private Bank, a significant milestone in Citizens’ long-term strategy to accelerate growth in Wealth Management, improve capabilities in the high-net-worth segment and expand in key markets.
  • Spring Oaks Capital Successfully Completes New Credit Facility and Capital Raise
    October 23, 2023
    Spring Oaks Capital, LLC is pleased to announce the closing of a new credit facility, as well as a large capital raise to support the growth of its technology-focused consumer debt investing and collections platform. The $150 million senior secured revolving credit facility is provided by funds managed by Värde Partners and UBS O’Connor.
  • Meers Joins CohnReznick as Managing Director, Technology+
    October 23, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Dan Meers has joined the firm as a Managing Director in its Technology+ practice. Meers will assume the role of data and analytics leader for the practice, initially focusing on delivering technology and data solutions to CohnReznick clients in the federal government/public sector and financial services industries.
  • First Citizens Bank Closes More Than $66 Million in Financings with Consumer Products Companies
    October 19, 2023
    First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts receivable management solutions, recently closed three major client financing transactions.
  • Mammoth Energy Announces Revolving Credit Facility Refinancing
    October 19, 2023
    The new five-year revolving credit facility with Fifth Third Bank, National Association ("Fifth Third"), provides for revolving commitments of up to $75 million, subject to a borrowing base calculation prepared monthly. The new five-year term loan agreement with Wexford Capital LP ("Wexford"), an affiliate of Mammoth, provides for term commitments of $45 million.
  • AVITA Medical, Inc. Enters into a Credit Agreement for a Credit Facility Up to $90 Million
    October 19, 2023
    AVITA Medical, Inc. entered into a Credit Agreement, by and between the Company, as borrower, and an affiliate of OrbiMed as the lender and administrative agent . The Credit Agreement provides for a five-year senior secured credit facility in an aggregate principal amount of up to $90 million, of which (i) $40 million was made available on the Closing Date,
  • Pantheon International plc Announces Refinancing of Credit Facility with Additional Flexibility
    October 19, 2023
    Pantheon International PLC announced that it has agreed a new £500 million equivalent multi-tranche, multi-currency revolving credit facility agreement (the "Loan Facility"), which replaces the existing £500 million equivalent credit facility and Credit Suisse AG London Branch as a Lender.
  • Haversine Funding Announces OnDeck with Haversine, a Limited Series Podcast Dedicated to the Specialty Finance Industry
    October 19, 2023
    Haversine Funding, a premier lender finance platform in the specialty finance space, proudly announces its newest endeavor - the limited series podcast, OnDeck with Haversine. Available on Spotify, YouTube, Apple, Google Podcasts, and LinkedIn, audiences can anticipate monthly episodes into early 2024.
  • Clifford Chance Continues US Energy & Infrastructure Growth With Hire of Partner Cephas Sekhar and Counsel Kyle Kreshover in Houston
    October 19, 2023
    Global law firm Clifford Chance has hired corporate M&A partner Cephas Sekhar in its Houston office. Sekhar's appointment sees the Houston team grow to 11 partners following its opening in June, which marked the expansion of the firm's global Energy & Infrastructure team in the US.
  • BMO Blue Book: U.S. Economy is Resilient but Predicted to Slow in Early 2024
    October 19, 2023
    New flagship research report, BMO Blue Book, features regional economic analysis from BMO experts and an outlook for the U.S. economy.
  • First Citizens Announces Leadership Changes in Community Association Banking Business
    October 19, 2023
    First Citizens today announced leadership changes in its Community Association Banking business - including naming Nick Mirabal as its new head of Association Banking and expanding the roles of several leaders - to drive continued collaboration and synergy.
  • nFusion Capital Welcomes Brice Reid to the Team
    October 19, 2023
    nFusion Capital (the “Company”), a leading commercial finance company to entrepreneurs, announced that William Brice Reid has joined their team as Senior Vice President. Brice will be responsible for receivables purchasing, asset-based lending and loan originations and developing client and referral relationships across the United States. He will be based in nFusion Capital’s Dallas office.
  • A&G Announces Plan to Sell Certain Company-Owned Store Leases and Properties in Connection with Rite Aid’s Financial Restructuring
    October 19, 2023
    A&G Real Estate Partners, in its capacity as real estate advisor to Rite Aid Corporation (the “Company”), today announced plans to market for sale 78 Rite Aid and Bartell Drugs neighborhood pharmacy leases, as well as 21 fee-owned properties, pending approval by the U.S. Bankruptcy Court for the District of New Jersey.
  • Gridiron Capital Closes Fifth Fund Above Target at $2.1 Billion
    October 18, 2023
    Gridiron Capital, LLC (“Gridiron Capital” or the “firm”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce the closing of Gridiron Capital Fund V and its affiliated funds (“Gridiron V”) at $2.1 billion, which exceeded its target of $1.8 billion and represents an increase in fund size of 56% over the prior fund, Gridiron IV.
  • Siena Lending Group LLC Announces the Closing of a CDN$30 Million Credit Facility for Capital Health Partners
    October 18, 2023
    Siena Lending Group LLC ("Siena") is pleased to announce the closing of a CDN$30 million credit facility to support the acquisition of Ottawa, Canada based companies Ontario Medical Supply (“OMS”) and Royal Drugs, by Capital Health Partners (“CHP”). CHP will carry on and expand OMS’ medical service offering that targets the homecare patient population.
  • Michael Burden & Al Williams Join Gordon Brothers as Co-Heads of North America Real Estate Services
    October 18, 2023
    Michael Burden and Al Williams have joined Gordon Brothers, the global asset experts, as Co-Heads of North America Real Estate Services. Burden and Williams will lead the growth and expansion of Gordon Brothers’ real estate services platform providing full life cycle portfolio optimization services to retail, office, commercial and industrial clients. They will focus on helping companies develop and implement operational efficiency plans within their real estate portfolios.
  • InterNex Capital Announces $1.5 Million Facility to HVAC Company
    October 18, 2023
    InterNex Capital provided a $1.5 million revolving line of credit to a company that specializing in selling and installing HVAC systems for residential communities. They also offer repair services. The company was referred by an existing InterNex construction services client.
  • Citizens Announces Appointment of Business Banking, Consumer Strategy Leaders
    October 18, 2023
    Citizens today announced the appointment of Mark Valentino as Head of Business Banking and Witt Nicholson as Head of Consumer Strategy. Valentino, who will be based in Massachusetts, is rejoining Citizens from LA Downtown Medical Center, a three-campus community hospital and affiliated long-term care business, where he served as CEO and CFO. Prior to his role there he was the Head of Healthcare and Not-for-Profit Banking at Citizens and, previously, the National Sales Manager for Corporate Banking.
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