B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as exclusive financial advisor to DynTek, Inc. ("DynTek"), a U.S.-based professional IT services, cybersecurity, and risk management organization, in connection with its strategic investment from Gallant Capital Partners (“Gallant”).

Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $350,000 loan for a US packaging company – funds for working capital. $100,000 loan for a US Gaming related company – funds for inventory.

Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and commercial real estate.

Rite Aid Corp. shares RAD, 4.84% dropped Friday following a report that the drugstore chain was filing for Chapter 11 bankruptcy protection because of opioid lawsuits.

A leading global producer of renewable fuels, distiller grains and alcohols has just been equipped with a $15,000,000 working capital facility with provision to increase to $30,000,000 as and when further working capital is required.

OKEA ASA has mandated DNB Markets, a part of DNB Bank ASA, and Pareto Securities as Joint Lead Managers and Joint Bookrunners and Fearnley Securities as Co-Manager to arrange a series of fixed income investor meetings commencing tomorrow.

As corporate failures surge this year, debt investors are in a fight to salvage as much money as they can from the wreckage. The early skirmishes are going very badly. The bankruptcy of GenesisCare, a cancer treatment specialist backed by private equity powerhouse KKR & Co. and China Resources Pharmaceutical Group Ltd., is the latest cautionary tale of how much value is being destroyed when companies go bust now.

Comvest Credit Partners, known for delivering flexible direct financing solutions to mid-market businesses, has announced its designation as Administrative Agent on an increased $635m senior credit facility for Beyond Finance. Beyond Finance operates out of the U.S., specialising in success fee-based debt resolution services.

Cushman & Wakefield plc (NYSE: CWK) (“Cushman & Wakefield”) today announced that its indirect wholly owned subsidiary, Cushman & Wakefield U.S. Borrower, LLC (the “Company”), has closed its previously announced offering of $400 million of its 8.875% senior secured notes due 2031 (the “Notes”). The Notes were offered in a private placement exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).

Today, Deloitte Private released the findings of a survey, “Private Company Outlook: Raising Capital,” asking C-level private business leaders in the U.S. about their near term strategies for navigating financial risks and opportunities.

The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced the appointment of Brett Baumeister as the Senior Vice President – Commercial Lending Western Region.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private, a division of Peapack-Gladstone Bank, are proud to announce that Ling Li has joined its commercial banking team as a Senior Managing Director, Commercial Private Banker.

U.S. Bank today announced several updates to previously shared leadership changes that will be effective Sept. 1.

SG Credit Partners, through its SG Consumer Products division, is thrilled to announce its partnership with Cora, a modern woman’s wellness brand offering natural, organic period care. SG’s credit facility will support Cora’s expansion into traditional retailers and continue growing the brand so every body has access to better period care.

Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry.

Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, recently closed two inventory finance transactions, totaling $400 million, to separate specialty vehicle partners to boost their purchasing power and enhance liquidity.

First Citizens Bank announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc. The five-year revolving credit facility refinanced existing debt and increased the facility size to support the company's continued business growth.

The co-working giant has hired real estate adviser Hilco Global, once again tapped consultant Alvarez & Marsal, and re-engaged law firm Kirkland & Ellis for advice on its options, according to the people, who spoke on the condition of anonymity because the matter is private.

Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural senior credit facility for Great Elm Healthcare Finance, LLC (GEHF).

As the existing finance partner for another company in the same group, Sallyport was the first choice when it came to funding this new venture. The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.