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Home > Chapters > Canada > News Detail
  • Sprott Private Resource Lending Fund III Completes Final Closing
    September 25, 2023
    Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX:SII) today announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the Company’s private strategies segment.
  • Carl Bretzman Joins Mitsubishi HC Capital America to Further Expand Industrial Relationships
    September 25, 2023
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with more than $7.5B in owned and managed assets, announces that industry veteran Carl Bretzman has joined the company to manage and grow business development initiatives in its Industrial Finance division.
  • Webster Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate Secretary
    September 25, 2023
    Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster’s corporate legal services.
  • WithSecure Corporation has Signed a Committed EUR 20 Million Revolving Credit Facility
    September 25, 2023
    WithSecure Corporation has signed a new committed EUR 20 million revolving credit facility (RCF) with OP Corporate Bank.
  • American Physician Partners Files for Bankruptcy Protection
    September 21, 2023
    American Physician Partners, a medical staffing company based in Brentwood, Tenn., has filed for Chapter 11 bankruptcy protection as it winds down its business.
  • Nauticus Robotics Announces Term Loan Financing of up to $20 Million
    September 21, 2023
    Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced it has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners, Material Impact, and RCB Equities (collectively, the "Lenders").
  • PlainsCapital Bank Welcomes Kaley Lilley to Westlake Lending Group
    September 21, 2023
    PlainsCapital Bank recently announced that Kaley Lilley has joined its Westlake lending group as senior vice president, commercial loan officer with the Bank’s Westlake commercial banking team at 2705 Bee Caves Road.
  • North Mill Announces $456 Million Term Securitization
    September 21, 2023
    North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, announced the closing of its seventh asset-backed securitization (ABS), NMEF Funding 2023-A (“NMEF 2023-A”).
  • Kyriba to Provide RBC with Cloud-Based Payables and Receivables Finance Solution as the Bank Expands Supply Chain Finance Offerings for Canadian Enterprises
    September 21, 2023
    Kyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions
  • Star Mountain Capital Adds Former Blackstone Director, Michael Goldstein to Portfolio Management Team
    September 21, 2023
    Star Mountain Capital, a rapidly growing employee-owned specialized investment firm with approximately $3.5 billion AUM, focused on delivering systematic alpha and low market correlated returns from the lower middle-market, announced that Michael Goldstein, former executive at Blackstone and KKR, joins as a Director focused on portfolio management.
  • The Brattle Group Welcomes David W. Prager as Principal and Co-Leader of its Bankruptcy & Restructuring Practice
    September 21, 2023
    The Brattle Group has welcomed David W. Prager as a Principal and Co-Leader of its Bankruptcy & Restructuring practice. Based in Brattle's New York office, Mr. Prager brings over two decades of experience as a financial advisor, restructuring consultant, and expert witness in complex commercial litigations.
  • Harlow to Lead CohnReznick Cannabis Practice
    September 21, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Michael Harlow has been named Leader of CohnReznick’s Cannabis Industry practice, effective today. This expands Harlow’s leadership role within the firm as he continues to serve as Co-Practice Director – DC-Metro Tax.
  • nFusion Capital Sells Transportation Factoring Portfolio
    September 21, 2023
    nFusion Capital (the “Company”), a leading commercial finance company to entrepreneurs, recently announced they have sold their transportation factoring portfolio to a leading provider of factoring services for motor carriers and owner-operators. This strategic decision will enable the Company to focus on growing their core portfolios of General Factoring and Asset Based Lending. ​
  • Umpqua Bank 2023 Business Barometer: Optimism, Expectations for Revenue and Profitability Rise Despite Lingering Economic Concerns
    September 21, 2023
    Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities of small and middle market businesses across the U.S. While concerns about the direction of the economy persist, business optimism is rising, and expectations for revenue and profitability are increasing.
  • Brightwood Capital Prices $319 Million Middle Market CLO
    September 21, 2023
    Brightwood Capital Advisors, LLC, a private credit firm, announced it has priced Brightwood Capital MM CLO 2023-1 Ltd., a $319 million collateralized loan obligation. This CLO represents the fifth CLO issued by the firm since 2019.
  • Percent Secures Senior Lending Partnership to Expand Capital Sources Available for Lower Middle Market Lenders With Up To $75M of Warehouse Capital
    September 21, 2023
    Today, Percent, the innovative private credit platform that has created the modern credit marketplace, announced a new partnership with a multibillion dollar, US based, alternative credit investment manager focused on uncorrelated income-generating assets in niche markets.
  • King Trade Capital Offers $1.5 MM Increase to Existing Client
    September 20, 2023
    King Trade Capital is pleased to provide a seasonal increase to an existing clients PO finance facility in support of their seasonal sales growth into big box retail.
  • Summit Hotel Properties Completes $200 Million Joint Venture Credit Facility Refinancing
    September 20, 2023
    Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its joint venture with GIC, Singapore's sovereign wealth fund, has successfully completed the refinancing of its $200 million senior credit facility (the "Credit Facility"), which is comprised of a $125 million revolving credit facility (the "$125 Million Revolver") and a $75 million term loan (the "$75 Million Term Loan").
  • Eco Oro Enters Into a US$6 Million Credit Facility
    September 20, 2023
    Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) is pleased to announce that it has entered into a credit agreement dated September 19, 2023 (the “Credit Agreement”) with Graywolfe Capital SEZC (the “Lender”) pursuant to which the Company may borrow up to US$6 million from the Lender (the “Facility”).
  • Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities in Emerging Markets
    September 20, 2023
    Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global business.
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  • Sprott Private Resource Lending Fund III Completes Final Closing
    September 25, 2023
    Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX:SII) today announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the Company’s private strategies segment.
  • Carl Bretzman Joins Mitsubishi HC Capital America to Further Expand Industrial Relationships
    September 25, 2023
    Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America with more than $7.5B in owned and managed assets, announces that industry veteran Carl Bretzman has joined the company to manage and grow business development initiatives in its Industrial Finance division.
  • Webster Appoints Kristy Berner as Executive Vice President, General Counsel and Corporate Secretary
    September 25, 2023
    Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that Kristy Berner has been appointed Executive Vice President, General Counsel and Corporate Secretary of Webster Financial Corporation and Webster Bank. She will lead all of Webster’s corporate legal services.
  • WithSecure Corporation has Signed a Committed EUR 20 Million Revolving Credit Facility
    September 25, 2023
    WithSecure Corporation has signed a new committed EUR 20 million revolving credit facility (RCF) with OP Corporate Bank.
  • American Physician Partners Files for Bankruptcy Protection
    September 21, 2023
    American Physician Partners, a medical staffing company based in Brentwood, Tenn., has filed for Chapter 11 bankruptcy protection as it winds down its business.
  • Nauticus Robotics Announces Term Loan Financing of up to $20 Million
    September 21, 2023
    Nauticus Robotics, Inc. ("Nauticus" or the "Company") (NASDAQ: KITT), a developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, today announced it has entered into a senior secured term loan agreement (the "Term Loan Agreement") with existing stakeholders, Transocean (NYSE: RIG), ATW Partners, Material Impact, and RCB Equities (collectively, the "Lenders").
  • PlainsCapital Bank Welcomes Kaley Lilley to Westlake Lending Group
    September 21, 2023
    PlainsCapital Bank recently announced that Kaley Lilley has joined its Westlake lending group as senior vice president, commercial loan officer with the Bank’s Westlake commercial banking team at 2705 Bee Caves Road.
  • North Mill Announces $456 Million Term Securitization
    September 21, 2023
    North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lender located in Norwalk, Connecticut, announced the closing of its seventh asset-backed securitization (ABS), NMEF Funding 2023-A (“NMEF 2023-A”).
  • Kyriba to Provide RBC with Cloud-Based Payables and Receivables Finance Solution as the Bank Expands Supply Chain Finance Offerings for Canadian Enterprises
    September 21, 2023
    Kyriba’s solution will be used by the bank to expand on its ability to provide its Canadian commercial clients with integrated and enhanced working capital solutions
  • Star Mountain Capital Adds Former Blackstone Director, Michael Goldstein to Portfolio Management Team
    September 21, 2023
    Star Mountain Capital, a rapidly growing employee-owned specialized investment firm with approximately $3.5 billion AUM, focused on delivering systematic alpha and low market correlated returns from the lower middle-market, announced that Michael Goldstein, former executive at Blackstone and KKR, joins as a Director focused on portfolio management.
  • The Brattle Group Welcomes David W. Prager as Principal and Co-Leader of its Bankruptcy & Restructuring Practice
    September 21, 2023
    The Brattle Group has welcomed David W. Prager as a Principal and Co-Leader of its Bankruptcy & Restructuring practice. Based in Brattle's New York office, Mr. Prager brings over two decades of experience as a financial advisor, restructuring consultant, and expert witness in complex commercial litigations.
  • Harlow to Lead CohnReznick Cannabis Practice
    September 21, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Michael Harlow has been named Leader of CohnReznick’s Cannabis Industry practice, effective today. This expands Harlow’s leadership role within the firm as he continues to serve as Co-Practice Director – DC-Metro Tax.
  • nFusion Capital Sells Transportation Factoring Portfolio
    September 21, 2023
    nFusion Capital (the “Company”), a leading commercial finance company to entrepreneurs, recently announced they have sold their transportation factoring portfolio to a leading provider of factoring services for motor carriers and owner-operators. This strategic decision will enable the Company to focus on growing their core portfolios of General Factoring and Asset Based Lending. ​
  • Umpqua Bank 2023 Business Barometer: Optimism, Expectations for Revenue and Profitability Rise Despite Lingering Economic Concerns
    September 21, 2023
    Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the findings of its annual Business Barometer ― an in-depth study of the mood, mindset, and strategic priorities of small and middle market businesses across the U.S. While concerns about the direction of the economy persist, business optimism is rising, and expectations for revenue and profitability are increasing.
  • Brightwood Capital Prices $319 Million Middle Market CLO
    September 21, 2023
    Brightwood Capital Advisors, LLC, a private credit firm, announced it has priced Brightwood Capital MM CLO 2023-1 Ltd., a $319 million collateralized loan obligation. This CLO represents the fifth CLO issued by the firm since 2019.
  • Percent Secures Senior Lending Partnership to Expand Capital Sources Available for Lower Middle Market Lenders With Up To $75M of Warehouse Capital
    September 21, 2023
    Today, Percent, the innovative private credit platform that has created the modern credit marketplace, announced a new partnership with a multibillion dollar, US based, alternative credit investment manager focused on uncorrelated income-generating assets in niche markets.
  • King Trade Capital Offers $1.5 MM Increase to Existing Client
    September 20, 2023
    King Trade Capital is pleased to provide a seasonal increase to an existing clients PO finance facility in support of their seasonal sales growth into big box retail.
  • Summit Hotel Properties Completes $200 Million Joint Venture Credit Facility Refinancing
    September 20, 2023
    Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its joint venture with GIC, Singapore's sovereign wealth fund, has successfully completed the refinancing of its $200 million senior credit facility (the "Credit Facility"), which is comprised of a $125 million revolving credit facility (the "$125 Million Revolver") and a $75 million term loan (the "$75 Million Term Loan").
  • Eco Oro Enters Into a US$6 Million Credit Facility
    September 20, 2023
    Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) is pleased to announce that it has entered into a credit agreement dated September 19, 2023 (the “Credit Agreement”) with Graywolfe Capital SEZC (the “Lender”) pursuant to which the Company may borrow up to US$6 million from the Lender (the “Facility”).
  • Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities in Emerging Markets
    September 20, 2023
    Standard Chartered Americas (the “Bank”) today announced that it has entered a trade finance partnership with Truist Bank (NYSE: TFC) that will enhance Truist clients’ ability to conduct global business.
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