Zions Bancorporation, N.A., through its Utah division, Zions Bank closed and funded a $50MM credit facility for a distributor of oil and natural gas and service company. The credit facility consisted of a multi-year revolving line of credit.

Zions Bancorporation, N.A., through its Texas division, Amegy Bank, closed a $12,000,000 credit facility for a distributor of control valves, actuators, and related equipment for various industries. The credit facility consisted of a $10,000,000 multi-year revolving line of credit and a $2,000,000 term loan facility.

Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle-market companies in the United States and Canada, is pleased to announce the closing of a $8.3 Million Senior Secured Term Loan (the “Loan”) to a third-generation, family-owned short/long-haul regional trucking company.

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) today announced that, effective January 18, 2024, it has entered into a new three-year senior secured credit agreement with Axos Bank (“Axos”) under which Axos has provided an asset-based revolving credit facility of up to $150 million that can be used to support letters of credit, renewable energy growth initiatives and potential accretive business purposes.

Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies, today announced the promotions of Joseph Lee to Senior Vice President and Austin Rendell to Vice President and the hiring of Matthew Campanella as an Analyst.

GoodRx Holdings, Inc. (Nasdaq: GDRX) (“GoodRx” or the “Company”), the leading destination for prescription savings, today announced its intention to refinance its first lien credit facilities.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Peter Rodwick, CPA has joined the firm as a tax partner in its Financial Services practice. Based in Los Angeles, Rodwick has nearly two decades of experience providing tax services to large and mid-size alternative investment funds and their management companies.

Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $5,000,000 debtor in possession asset-based loan to a specialty pharmacy in Texas (“Company”).

KCP Advisory Group, the restructuring and financial consulting organization that offers creative solutions nationally, announces its merger with Altman and Company LLC. The merger of KCP Advisory Group and Altman and Company creates a national consulting firm providing a wide range of services including: crisis and turnaround management, financial advisory, performance improvement, interim management, lender portfolio management advisory, forensic accounting and litigation support.

Dechert has named global finance partner Andrew Pontano as leader of the firm’s asset finance & securitization group. Mr. Pontano's appointment reinforces the team’s strategic aim of delivering comprehensive service to clients, encompassing innovative deal formation, creative funding approaches and streamlined execution.

Hilco Global, a privately held diversified financial services firm, announced today the appointment of Richard "Rick" Maletsky as its new Executive Vice President and General Counsel. Mr. Maletsky succeeds Eric Kaup, who will be transitioning to the newly created role of Co-Chief Commercial Officer at the diversified financial services holding company.

FTI Consulting, Inc. (NYSE: FCN) today announced the findings of its 2024 Leveraged Loan Market Survey, which offers insight into bank and non-bank lenders’ perspectives on the U.S. loan industry and highlights expectations for leveraged credit market conditions in the year ahead.

Maxim Commercial Capital (“Maxim”) announced strong results for the year 2023. The hard asset secured lender reported an 86% increase in funded deals during the year as compared to 2022. Maxim is a national provider of loans and leases from $10,000 to $3 million collateralized by class 6 and 8 trucks, trailers, heavy equipment, and real estate.

Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced its intention to refinance its outstanding senior secured credit facilities.

Its direct lending investment team, known as Principal Alternative Credit, has now closed on over 115 transactions as of December 31, 2023, and has exceeded $2 billion in total borrower commitments since its inception in July 2020. This milestone represents an important step in the company’s long-term strategic plan of providing flexible financing solutions across the middle market direct lending industry.

Deutsche Bank Securities Inc., JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, BMO Capital Markets Corp., Truist Securities Inc., Capital One, N.A. and Fifth Third Bank, National Association acted as joint lead arrangers and joint bookrunners for the transaction.

Holly Pratti has joined the team at Loeb as Vice President of Business Development and brings along almost a decade of experience in delivering specialized alternative lending solutions.

The initial $200 million facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with subsequent closes of up to $100 million across European markets expected in the first half of 2024. KKR Capital Markets acted as lead arranger and sole bookrunner.

Farmers Edge Inc. (“Farmers Edge” or the “Company”) (TSX: FDGE), a pure-play digital agriculture company, today announced that it has entered into an amendment to its secured credit facility (the “Facility”) with Fairfax Financial Holdings Limited and/or certain of its affiliates.

Zions Bancorporation, N.A., through its Colorado division, Vectra Bank, closed and funded two loan facilities totaling $7,068,600 for a vertically integrated co-pack manufacturer of fire-roasted green chilis, jarred salsa and other southwestern foods. The two separate credit facilities consisted of a $4,000,000 multi-year revolving line of credit and a $3,068,600 term loan.