• Cadence Bank Supports Local Boys & Girls Clubs Across Its Nine-State Southeast Footprint
    August 3, 2023
    Cadence Bank (NYSE: CADE) is proud to announce its support for local Boys and Girls Clubs (Club) through a series of volunteering initiatives taking place from July 24, 2023 through August 4, 2023, across the Southeast.
  • Hallador Energy Secures $140 Million Credit Facility Through 2026, Increasing Liquidity to $56.9 Million
    August 3, 2023
    Hallador Energy Company (Nasdaq: HNRG) entered into a new $140 million credit agreement today, with PNC Bank as the administrative agent, extending the term of the agreement through 2026.
  • Huntington Bank Names Marcy Hingst General Counsel
    August 3, 2023
    The Huntington National Bank ("Huntington") announced today the appointment of Marcy Hingst as General Counsel. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.
  • Epiq: July Commercial Chapter 11 Filings Increase 71 Percent Over Last Year
    August 3, 2023
    There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71 percent from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
  • Third Eye Capital Completes Successful Exit From Cricket Energy Holdings
    August 3, 2023
    Third Eye Capital ("TEC" or the "Company"), Canada’s leading provider of asset-based financing solutions to companies that are underserved or overlooked by traditional sources of capital, is pleased to announce the successful exit of its debt and equity holdings in Cricket Energy Holdings Inc. (“Cricket”). This follows the strategic majority sale of Cricket’s subsidiary, Provident Energy Management Inc. (“Provident”), to funds managed by Northleaf Capital Partners. Financial details and terms of the transaction were not disclosed.
  • Horizon Technology Finance Provides $15 Million Venture Loan Facility to Tallac Therapeutics
    August 3, 2023
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $15 million venture loan facility to Tallac Therapeutics, Inc. ("Tallac"), of which $5 million has been initially funded.
  • Horizon Technology Finance Provides $15 Million Venture Loan Facility to Tallac Therapeutics
    August 3, 2023
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $15 million venture loan facility to Tallac Therapeutics, Inc. ("Tallac"), of which $5 million has been initially funded.
  • First Business Bank’s Asset-Based Lending Group Funds $11 Million Credit Facility For Refinance
    August 3, 2023
    Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $11 million revolving line of credit, equipment term loan, and equipment CapEx line for an aviation/industrial/auto precision manufacturer in Illinois.
  • Natixis Corporate & Investment Banking Leads Financing for $1.5 Billion Sustainability-linked Revolving Credit Facility for Invenergy Renewables Operating I LLC
    August 2, 2023
    Natixis Corporate & Investment Banking (Natixis CIB) has closed a $1.5 billion sustainability-linked revolving credit facility to support Invenergy Renewables Operating I LLC (IROI) and its parents' growing project development pipeline.
  • Lottery.com Secures $50 Million Credit Facility and Successfully Restores Nasdaq Compliance
    August 2, 2023
    Lottery.com, Inc. (NASDAQ: LTRY, LTRYW) ("Lottery.com" or the "Company") is pleased to announce two significant milestones in its journey towards revenue growth and stability. The Company has successfully regained compliance with another Nasdaq listing requirement and secured a credit facility with United Capital Investments London, Ltd. ("UCIL").
  • Griffon Announces Amended Credit Facility; Revolving Commitments Increased to $500 Million
    August 2, 2023
    Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced today that it amended its credit agreement (the “Amended Credit Agreement”) to increase the size of its revolving credit facility (the “Revolver Facility”) from $400 million to $500 million, and extend the maturity of the Revolver Facility from March 22, 2025 to August 1, 2028.
  • PCF Insurance Services Secures $400 Million In Incremental Financing as Part of New Term Loan
    August 2, 2023
    PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage, announced today that it has closed $400 million in incremental debt financing led by Blue Owl, a global alternative asset manager that acted as lead arranger and admin agent. The financing was upsized from $300 million to $400 million in response to strong lender demand from new and existing lenders.
  • TIAA Completes Sale of TIAA Bank to Private Investors; Bank Now Doing Business as EverBank
    August 2, 2023
    Achieving an important milestone in its strategic plan to refocus on the company's core retirement, wealth and asset management businesses, TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services. The close of the transaction begins a new, independent chapter for the bank, now operating as EverBank, N.A. under a new national bank charter, focused on nationwide consumer and commercial banking growth and innovation.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Gauge Capital’s Acquisition of Craftable
    August 2, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing in support of Gauge Capital’s (“Gauge”) partnership with Craftable, a leading hospitality-focused SaaS platform that provides back-of-house automation and management to the hospitality, food, beverage, and entertainment industries
  • Access Capital, Inc., Announces Alexandra Hough as Legal &Administrative Coordinator
    August 2, 2023
    Access Capital, Inc., the nation’s leading independent lender to the staffing industry, recently welcomed Alexandra Hough to serve as its Legal &Administrative Coordinator. Alexandra brings with her valuable experience as a paralegal at Chaves Perlowitz Luftig LLP. She is a graduate of University of Delaware and is now attending New York Law School’s 4L Part-time Evening Program.
  • SLR Healthcare ABL Provides Financing to Surgical Support Company
    August 2, 2023
    SLR Healthcare ABL is pleased to announce that it provided a $5 million asset-based lending revolving line of credit to a surgical support company.
  • JPalmer Collective Expands Team of Finance Industry Leaders
    August 2, 2023
    JPalmer Collective, an asset-based lending company launched in March 2023, has expanded its team of finance industry veterans with the appointment of Celina Rambaran as Senior Vice President of Operations. Celina will play a critical role in shaping JPalmer’s operational strategy, building strong customer relationships and maximizing the company’s performance.
  • B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER
    August 2, 2023
    B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley” or the “Company”), a diversified financial services platform, today announced its retail liquidation affiliate has been retained to assist in the restructuring and store rationalization of SALAMANDER (“Salamander”) in connection with the leading European shoe retailer’s recent insolvency.
  • ESG Theme Drives 28% QoQ Rebound in Global M&A Deal Activity During Q2 2023, Reveals GlobalData
    August 2, 2023
    Global mergers and acquisitions (M&A) deals have shown a remarkable quarter-on-quarter (QoQ) rebound, surging by 28% from $469 billion during the first quarter (Q1) of 2023 to reach $602 billion during the second quarter (Q2) of 2023. After four consecutive quarters of decline, this growth signals a resurgence in deal-making activities driven by environmental, social, and governance (ESG) theme, according to GlobalData, a leading data and analytics company.
  • White Oak ABL and White Oak Commercial Finance Commit $70 Million to Credit Facility of Market Leading Textile Supplier
    August 1, 2023
    White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other funds and accounts managed by White Oak Global Advisors, LLC, (collectively, “White Oak”), have closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier, specializing in fashion top of bed, basic and utility bedding, and window coverings. The funds will be primarily used to provide for working capital.
  • Cadence Bank Supports Local Boys & Girls Clubs Across Its Nine-State Southeast Footprint
    August 3, 2023
    Cadence Bank (NYSE: CADE) is proud to announce its support for local Boys and Girls Clubs (Club) through a series of volunteering initiatives taking place from July 24, 2023 through August 4, 2023, across the Southeast.
  • Hallador Energy Secures $140 Million Credit Facility Through 2026, Increasing Liquidity to $56.9 Million
    August 3, 2023
    Hallador Energy Company (Nasdaq: HNRG) entered into a new $140 million credit agreement today, with PNC Bank as the administrative agent, extending the term of the agreement through 2026.
  • Huntington Bank Names Marcy Hingst General Counsel
    August 3, 2023
    The Huntington National Bank ("Huntington") announced today the appointment of Marcy Hingst as General Counsel. Hingst will join the bank's Executive Leadership Team and oversee all legal activities for the company.
  • Epiq: July Commercial Chapter 11 Filings Increase 71 Percent Over Last Year
    August 3, 2023
    There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71 percent from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
  • Third Eye Capital Completes Successful Exit From Cricket Energy Holdings
    August 3, 2023
    Third Eye Capital ("TEC" or the "Company"), Canada’s leading provider of asset-based financing solutions to companies that are underserved or overlooked by traditional sources of capital, is pleased to announce the successful exit of its debt and equity holdings in Cricket Energy Holdings Inc. (“Cricket”). This follows the strategic majority sale of Cricket’s subsidiary, Provident Energy Management Inc. (“Provident”), to funds managed by Northleaf Capital Partners. Financial details and terms of the transaction were not disclosed.
  • Horizon Technology Finance Provides $15 Million Venture Loan Facility to Tallac Therapeutics
    August 3, 2023
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $15 million venture loan facility to Tallac Therapeutics, Inc. ("Tallac"), of which $5 million has been initially funded.
  • Horizon Technology Finance Provides $15 Million Venture Loan Facility to Tallac Therapeutics
    August 3, 2023
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced it has provided a $15 million venture loan facility to Tallac Therapeutics, Inc. ("Tallac"), of which $5 million has been initially funded.
  • First Business Bank’s Asset-Based Lending Group Funds $11 Million Credit Facility For Refinance
    August 3, 2023
    Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $11 million revolving line of credit, equipment term loan, and equipment CapEx line for an aviation/industrial/auto precision manufacturer in Illinois.
  • Natixis Corporate & Investment Banking Leads Financing for $1.5 Billion Sustainability-linked Revolving Credit Facility for Invenergy Renewables Operating I LLC
    August 2, 2023
    Natixis Corporate & Investment Banking (Natixis CIB) has closed a $1.5 billion sustainability-linked revolving credit facility to support Invenergy Renewables Operating I LLC (IROI) and its parents' growing project development pipeline.
  • Lottery.com Secures $50 Million Credit Facility and Successfully Restores Nasdaq Compliance
    August 2, 2023
    Lottery.com, Inc. (NASDAQ: LTRY, LTRYW) ("Lottery.com" or the "Company") is pleased to announce two significant milestones in its journey towards revenue growth and stability. The Company has successfully regained compliance with another Nasdaq listing requirement and secured a credit facility with United Capital Investments London, Ltd. ("UCIL").
  • Griffon Announces Amended Credit Facility; Revolving Commitments Increased to $500 Million
    August 2, 2023
    Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced today that it amended its credit agreement (the “Amended Credit Agreement”) to increase the size of its revolving credit facility (the “Revolver Facility”) from $400 million to $500 million, and extend the maturity of the Revolver Facility from March 22, 2025 to August 1, 2028.
  • PCF Insurance Services Secures $400 Million In Incremental Financing as Part of New Term Loan
    August 2, 2023
    PCF Insurance Services ("PCF"), a top 20 U.S. insurance brokerage, announced today that it has closed $400 million in incremental debt financing led by Blue Owl, a global alternative asset manager that acted as lead arranger and admin agent. The financing was upsized from $300 million to $400 million in response to strong lender demand from new and existing lenders.
  • TIAA Completes Sale of TIAA Bank to Private Investors; Bank Now Doing Business as EverBank
    August 2, 2023
    Achieving an important milestone in its strategic plan to refocus on the company's core retirement, wealth and asset management businesses, TIAA has completed the sale of TIAA Bank to private investors with extensive experience in financial services. The close of the transaction begins a new, independent chapter for the bank, now operating as EverBank, N.A. under a new national bank charter, focused on nationwide consumer and commercial banking growth and innovation.
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of Gauge Capital’s Acquisition of Craftable
    August 2, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing in support of Gauge Capital’s (“Gauge”) partnership with Craftable, a leading hospitality-focused SaaS platform that provides back-of-house automation and management to the hospitality, food, beverage, and entertainment industries
  • Access Capital, Inc., Announces Alexandra Hough as Legal &Administrative Coordinator
    August 2, 2023
    Access Capital, Inc., the nation’s leading independent lender to the staffing industry, recently welcomed Alexandra Hough to serve as its Legal &Administrative Coordinator. Alexandra brings with her valuable experience as a paralegal at Chaves Perlowitz Luftig LLP. She is a graduate of University of Delaware and is now attending New York Law School’s 4L Part-time Evening Program.
  • SLR Healthcare ABL Provides Financing to Surgical Support Company
    August 2, 2023
    SLR Healthcare ABL is pleased to announce that it provided a $5 million asset-based lending revolving line of credit to a surgical support company.
  • JPalmer Collective Expands Team of Finance Industry Leaders
    August 2, 2023
    JPalmer Collective, an asset-based lending company launched in March 2023, has expanded its team of finance industry veterans with the appointment of Celina Rambaran as Senior Vice President of Operations. Celina will play a critical role in shaping JPalmer’s operational strategy, building strong customer relationships and maximizing the company’s performance.
  • B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER
    August 2, 2023
    B. Riley Financial, Inc. (Nasdaq: RILY) (“B. Riley” or the “Company”), a diversified financial services platform, today announced its retail liquidation affiliate has been retained to assist in the restructuring and store rationalization of SALAMANDER (“Salamander”) in connection with the leading European shoe retailer’s recent insolvency.
  • ESG Theme Drives 28% QoQ Rebound in Global M&A Deal Activity During Q2 2023, Reveals GlobalData
    August 2, 2023
    Global mergers and acquisitions (M&A) deals have shown a remarkable quarter-on-quarter (QoQ) rebound, surging by 28% from $469 billion during the first quarter (Q1) of 2023 to reach $602 billion during the second quarter (Q2) of 2023. After four consecutive quarters of decline, this growth signals a resurgence in deal-making activities driven by environmental, social, and governance (ESG) theme, according to GlobalData, a leading data and analytics company.
  • White Oak ABL and White Oak Commercial Finance Commit $70 Million to Credit Facility of Market Leading Textile Supplier
    August 1, 2023
    White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other funds and accounts managed by White Oak Global Advisors, LLC, (collectively, “White Oak”), have closed a new $70 million commitment in a $225 million ABL credit facility to a leading private-equity owned home textile supplier, specializing in fashion top of bed, basic and utility bedding, and window coverings. The funds will be primarily used to provide for working capital.
#3 -_ 1 (1)