• Venator Successfully Completes Financial Recapitalization and Emerges from Chapter 11
    October 16, 2023
    Venator Materials PLC ("Venator" or the "Company"), a global manufacturer and marketer of chemical products, has successfully completed its Chapter 11 recapitalization process and has emerged with an improved balance sheet and lower debt. The Company is now better positioned to address macroeconomic and market challenges. Venator's recapitalization plan was confirmed by the Bankruptcy Court on July 25, 2023.
  • Alvarez & Marsal Appoints Anil Kumar as Private Equity Generative Artificial Intelligence Practice Leader
    October 16, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announced Managing Director Anil Kumar will head its Private Equity Performance Improvement (PEPI) Generative Artificial Intelligence (GenAI) practice. David McGraw and Chaz Henry will support Mr. Kumar as the GenAI practice’s consulting lead and Chief Technology Officer, respectively.
  • A&G and Onyx Clarify Details of Real Estate Sale Involving Developer StoryBuilt
    October 16, 2023
    A&G Real Estate Partners and Onyx Asset Advisors are clarifying a press release from October 9, 2023, to clarify the interests being sold related to developer StoryBuilt. In addition to the 12 projects solely owned by StoryBuilt, A&G Real Estate Partners and Onyx Asset Advisors are also marketing minority positions in 16 properties.
  • Vantiva Announced a New Short Term €85 Million Financing
    October 16, 2023
    Vantiva is pleased to announce that Vantiva Technologies SAS has entered into a credit agreement, pursuant to which a term facility in an aggregate principal amount of €85,000,000 has been provided by Barclays Bank Ireland PLC and participated in by certain funds managed/and or advised (directly or indirectly) by Angelo Gordon & Co., L.P.
  • Target Hospitality Expands Credit Facility; Significantly Increasing Liquidity Profile
    October 16, 2023
    Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, announced today that it has increased the available borrowing capacity under its Credit Agreement, dated March 15, 2019 (as amended, the "Amended Credit Facility"), by $50 million, for total available capacity of $175 million, subject to compliance with borrowing base requirements ("Expanded Credit Facility").
  • Main Street Announces Increase in Commitments Under its SPV Credit Facility
    October 16, 2023
    Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its wholly owned subsidiary, MSCC Funding I, LLC (the "SPV"), has expanded its senior secured revolving credit facility (the "SPV Credit Facility") from $255.0 million to $430.0 million. The $175.0 million increase in total commitments was the result of the addition of two new lender relationships under the SPV Credit Facility.
  • TD Bank Welcomes Jill Gateman as Head of Middle Market Products & Services
    October 16, 2023
    TD Bank, America's Most Convenient Bank®, announces Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank. Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while driving national expansion for customers with revenue of $100 million to $1 billion.
  • Tempur Sealy Closes $1.65 Billion in Credit Facilities
    October 12, 2023
    Tempur Sealy International has completed the closing of its $1.65 billion senior secured credit facilities and will use the proceeds to refinance its existing facilities.
  • U.S. Middle Market Shows Strongest Earnings Growth in Two Years
    October 12, 2023
    Middle market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of the third quarter of 2023, the highest year-over-year earnings growth since Q3 of 2021. Revenue grew 8% during the same period.
  • AlixPartners Strengthens Turnaround and Restructuring Services in Asia with New Partner & Managing Director, Patrick Bance
    October 12, 2023
    AlixPartners, the global consulting firm, today announced that Patrick Bance has joined its Turnaround & Restructuring practice as a Partner & Managing Director in the Singapore office.
  • Access Capital Provides $15 Million Credit Facility to Phaxis
    October 12, 2023
    Phaxis is a New York-based provider of workforce solutions and specializes in delivering tailored solutions to companies across the healthcare, technology, and finance sectors.
  • Barnes & Thornburg Adds National Healthcare Finance Team
    October 12, 2023
    Barnes & Thornburg announced today that healthcare and public finance partners M. Elizabeth Walker and Jerimi J. Ullom have joined the firm’s Indianapolis office. Previously, Elizabeth and Jerimi worked together at a national healthcare-focused law firm, where they represented public and private clients in a myriad healthcare and finance matters for more than 15 years.
  • Manulife Investment Management Provides Mezzanine Financing for 373,000 SF Mixed-Use Property in Chicago
    October 12, 2023
    Manulife Investment Management has announced that it has provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package to develop 919 on Fulton, a Class A, 373,000 square foot office and retail project located in the Fulton Market district of Chicago.
  • Victoria Gold Amends Secured Loan Facility
    October 12, 2023
    Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce that it has further amended its secured debt agreement (the “Loan Facility”) dated December 18, 2020, as amended December 20, 2021, June 16, 2022 and February 17, 2023. The Loan Facility is comprised of a term loan (the “Term Facility”) and a revolving credit facility (the “Revolving Credit Facility”).
  • FTI Consulting Expands Strategy Consulting Business with Launch of FTI Delta
    October 12, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the launch of FTI Delta, a global, industry-specialized strategy consulting practice that delivers tangible value to clients, from strategy definition to execution. FTI Delta will compete directly with traditional strategy consulting firms leveraging its differentiated value proposition.
  • Armory Advises Equilibrium Capital in AppHarvest Bankruptcy
    October 12, 2023
    AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.
  • Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG
    October 12, 2023
    In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.
  • Express Wash Concepts Secures Incremental $150M Credit Facility from MidCap Financial to Fuel Core Market Greenfield Expansion
    October 11, 2023
    Express Wash Concepts (EWC) announced today that it has successfully secured a $150 million incremental credit facility led by MidCap Financial to further propel its core market greenfield development. This new facility empowers EWC to maintain its responsible, multi-brand expansion strategy, currently encompassing 91 operational sites, 10 sites under construction, and an additional 35 in various stages of development.
  • SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
    October 11, 2023
    SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life-science-focused, specialty finance company catering to small- and mid-sized commercial-stage companies, today announced an amendment to its revolving credit facility. The amended credit facility provides total commitments of $60 million, including a new $15 million commitment from Woodforest National Bank ("Woodforest") and an existing $45 million commitment from First Horizon Bank.
  • Clifford Chance Hires Strategic Technology, Outsourcing and Commercial Transactions Counsel Kelley Bledsoe in Washington, DC
    October 11, 2023
    Washington, DC: Global law firm Clifford Chance announced today the hire of counsel Kelley Bledsoe in Washington, DC. Bledsoe's practice focuses on strategic technology, outsourcing and commercial transactions that facilitate successful, long-term business relationships and drive significant cost savings for clients.
  • Venator Successfully Completes Financial Recapitalization and Emerges from Chapter 11
    October 16, 2023
    Venator Materials PLC ("Venator" or the "Company"), a global manufacturer and marketer of chemical products, has successfully completed its Chapter 11 recapitalization process and has emerged with an improved balance sheet and lower debt. The Company is now better positioned to address macroeconomic and market challenges. Venator's recapitalization plan was confirmed by the Bankruptcy Court on July 25, 2023.
  • Alvarez & Marsal Appoints Anil Kumar as Private Equity Generative Artificial Intelligence Practice Leader
    October 16, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announced Managing Director Anil Kumar will head its Private Equity Performance Improvement (PEPI) Generative Artificial Intelligence (GenAI) practice. David McGraw and Chaz Henry will support Mr. Kumar as the GenAI practice’s consulting lead and Chief Technology Officer, respectively.
  • A&G and Onyx Clarify Details of Real Estate Sale Involving Developer StoryBuilt
    October 16, 2023
    A&G Real Estate Partners and Onyx Asset Advisors are clarifying a press release from October 9, 2023, to clarify the interests being sold related to developer StoryBuilt. In addition to the 12 projects solely owned by StoryBuilt, A&G Real Estate Partners and Onyx Asset Advisors are also marketing minority positions in 16 properties.
  • Vantiva Announced a New Short Term €85 Million Financing
    October 16, 2023
    Vantiva is pleased to announce that Vantiva Technologies SAS has entered into a credit agreement, pursuant to which a term facility in an aggregate principal amount of €85,000,000 has been provided by Barclays Bank Ireland PLC and participated in by certain funds managed/and or advised (directly or indirectly) by Angelo Gordon & Co., L.P.
  • Target Hospitality Expands Credit Facility; Significantly Increasing Liquidity Profile
    October 16, 2023
    Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, announced today that it has increased the available borrowing capacity under its Credit Agreement, dated March 15, 2019 (as amended, the "Amended Credit Facility"), by $50 million, for total available capacity of $175 million, subject to compliance with borrowing base requirements ("Expanded Credit Facility").
  • Main Street Announces Increase in Commitments Under its SPV Credit Facility
    October 16, 2023
    Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its wholly owned subsidiary, MSCC Funding I, LLC (the "SPV"), has expanded its senior secured revolving credit facility (the "SPV Credit Facility") from $255.0 million to $430.0 million. The $175.0 million increase in total commitments was the result of the addition of two new lender relationships under the SPV Credit Facility.
  • TD Bank Welcomes Jill Gateman as Head of Middle Market Products & Services
    October 16, 2023
    TD Bank, America's Most Convenient Bank®, announces Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank. Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while driving national expansion for customers with revenue of $100 million to $1 billion.
  • Tempur Sealy Closes $1.65 Billion in Credit Facilities
    October 12, 2023
    Tempur Sealy International has completed the closing of its $1.65 billion senior secured credit facilities and will use the proceeds to refinance its existing facilities.
  • U.S. Middle Market Shows Strongest Earnings Growth in Two Years
    October 12, 2023
    Middle market private companies in the Golub Capital Altman Index grew earnings by 13% during the first two months of the third quarter of 2023, the highest year-over-year earnings growth since Q3 of 2021. Revenue grew 8% during the same period.
  • AlixPartners Strengthens Turnaround and Restructuring Services in Asia with New Partner & Managing Director, Patrick Bance
    October 12, 2023
    AlixPartners, the global consulting firm, today announced that Patrick Bance has joined its Turnaround & Restructuring practice as a Partner & Managing Director in the Singapore office.
  • Access Capital Provides $15 Million Credit Facility to Phaxis
    October 12, 2023
    Phaxis is a New York-based provider of workforce solutions and specializes in delivering tailored solutions to companies across the healthcare, technology, and finance sectors.
  • Barnes & Thornburg Adds National Healthcare Finance Team
    October 12, 2023
    Barnes & Thornburg announced today that healthcare and public finance partners M. Elizabeth Walker and Jerimi J. Ullom have joined the firm’s Indianapolis office. Previously, Elizabeth and Jerimi worked together at a national healthcare-focused law firm, where they represented public and private clients in a myriad healthcare and finance matters for more than 15 years.
  • Manulife Investment Management Provides Mezzanine Financing for 373,000 SF Mixed-Use Property in Chicago
    October 12, 2023
    Manulife Investment Management has announced that it has provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package to develop 919 on Fulton, a Class A, 373,000 square foot office and retail project located in the Fulton Market district of Chicago.
  • Victoria Gold Amends Secured Loan Facility
    October 12, 2023
    Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce that it has further amended its secured debt agreement (the “Loan Facility”) dated December 18, 2020, as amended December 20, 2021, June 16, 2022 and February 17, 2023. The Loan Facility is comprised of a term loan (the “Term Facility”) and a revolving credit facility (the “Revolving Credit Facility”).
  • FTI Consulting Expands Strategy Consulting Business with Launch of FTI Delta
    October 12, 2023
    FTI Consulting, Inc. (NYSE: FCN) today announced the launch of FTI Delta, a global, industry-specialized strategy consulting practice that delivers tangible value to clients, from strategy definition to execution. FTI Delta will compete directly with traditional strategy consulting firms leveraging its differentiated value proposition.
  • Armory Advises Equilibrium Capital in AppHarvest Bankruptcy
    October 12, 2023
    AppHarvest is a sustainable food company that developed and operated one of the world’s largest networks of high-tech indoor farms comprising 165 acres of glass greenhouse facilities on four farms in Kentucky producing tomatoes, salad greens, strawberries and cucumbers.
  • Online Auction Features More than 1,000 Lots of Pro-Grade Production Rental Gear from North American Leader PRG
    October 12, 2023
    In an October 24 online auction, Tiger Group once again is offering professional audio-visual gear from the existing inventories of production rental leader PRG.
  • Express Wash Concepts Secures Incremental $150M Credit Facility from MidCap Financial to Fuel Core Market Greenfield Expansion
    October 11, 2023
    Express Wash Concepts (EWC) announced today that it has successfully secured a $150 million incremental credit facility led by MidCap Financial to further propel its core market greenfield development. This new facility empowers EWC to maintain its responsible, multi-brand expansion strategy, currently encompassing 91 operational sites, 10 sites under construction, and an additional 35 in various stages of development.
  • SWK Holdings Corporation Increases Revolving Credit Facility to $60 Million
    October 11, 2023
    SWK Holdings Corporation (Nasdaq: SWKH) ("SWK" or the "Company"), a life-science-focused, specialty finance company catering to small- and mid-sized commercial-stage companies, today announced an amendment to its revolving credit facility. The amended credit facility provides total commitments of $60 million, including a new $15 million commitment from Woodforest National Bank ("Woodforest") and an existing $45 million commitment from First Horizon Bank.
  • Clifford Chance Hires Strategic Technology, Outsourcing and Commercial Transactions Counsel Kelley Bledsoe in Washington, DC
    October 11, 2023
    Washington, DC: Global law firm Clifford Chance announced today the hire of counsel Kelley Bledsoe in Washington, DC. Bledsoe's practice focuses on strategic technology, outsourcing and commercial transactions that facilitate successful, long-term business relationships and drive significant cost savings for clients.
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