TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that its subsidiary, WDB Holding PA, Inc., has completed the paydown of $37 million of its senior secured term loan in Pennsylvania (the “Loan”), which bears a fixed interest rate of 12.875%.

BHI, a full-service commercial bank, announced that it has provided a $65,340,000 construction loan to NuVerse Advisors LLC to finance the development of 30-55 Vernon Boulevard, located in Astoria, Queens, New York. Upon completion, 30-55 Vernon Boulevard will be a nine-story ground-up mixed-use development comprised of 121 residential units, two retail spaces, a community facility, and on-site parking.

Christmas Tree Shops will liquidate all of its stores and go out of business unless a white knight comes out of the woodwork at the 11th hour. The discount retail chain, which sold a variety of home goods, disclosed in a court filing last week that it defaulted on a $45 million loan and is closing its roughly 70 stores in the coming weeks.

Wolters Kluwer Compliance Solutions, a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms, has named Vikram Savkar as its new Executive Vice President and General Manager. He is based in Wolters Kluwer’s Waltham, Mass. office and has a global remit to oversee the growth of the award-winning business.

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce the expansion of its dedicated infrastructure team with the addition of John Bruen. He will join as a Managing Director in H.I.G.’s London office on 1 August.

KeyBank Community Development Lending and Investment (CDLI) provided a $9 million construction loan and $12 million in Low-Income Housing Tax Credit (LIHTC) equity for the construction of an affordable senior housing property in Morrisville, New York. ​

Nick Battis has joined Associated Bank as vice president and relationship manager, commercial banking. He is responsible for managing, developing and growing a portfolio of middle market commercial clients by assisting them with unique financing solutions and utilization of efficient payments technology.

Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it has entered into an amended and restated Credit Agreement led by Wells Fargo Bank. Under the terms of the amended and restated Credit Agreement, the total allowable borrowings under MEC’s credit facility have increased from $200 million to $250 million

Old National Bank celebrated the opening of its first Metro Detroit-area commercial banking office in June with a launch event at the Detroit Athletic Center. The event introduced the Metro Detroit team, as well as the ONB executive leadership team, to clients attending from in and outside of Detroit.

Medalist Partners, an alternative investment management firm focused on private credit and structured credit, is pleased to announce the final closing of Medalist Partners Asset-Based Private Credit Fund III. The oversubscribed fund is closing with approximately $600 million of capital commitments, exceeding its target and nearly double the size of its predecessor Fund II.

M&T Bank (NYSE:MTB) has announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities.

Citizens has appointed Peter Panos as South Region Executive, succeeding Brian Peters, who is retiring. Panos, who is based in Atlanta, will report to Head of Corporate Banking Steve Woods and have responsibility for leading a team of senior bankers who serve as strategic and financial partners to Citizens clients across 14 states.

Porter Capital Corporation, a leading provider of working capital solutions, is proud to announce the successful completion of a financing agreement aimed at enhancing the liquidity and competitive positioning of The Heubach Group, a renowned global pigment producer. In January 2022, Heubach and a private investment firm, acquired Clariant Pigments, resulting in the creation of a major contributor in the pigment technology industry operating under the Heubach brand.

Rabobank, a leading global food and agribusiness bank, today named Terryn Lawrence the Chief Sustainability Officer for North America. Lawrence brings over a decade of executive experience and recently served as Managing Director, leading key partnerships at Persefoni, a carbon management software platform that enables financial institutions and corporations to measure, manage and report their carbon emissions.

Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that pursuant to its News Release dated June 19, 2023, it has closed the US$14 million subordinated convertible credit facility (the “Nebari Convertible Facility”) with Nebari Gold Fund 1, LP (“Nebari”).

Pathlight Capital LP ("Pathlight" or "Pathlight Capital") announced it is serving as the Administrative Agent on a $135,000,000 senior secured term facility for Designer Brands Inc., ("Designer Brands", "DBI" or the "Company"), one of the world's largest designers, producers, and retailers of footwear and accessories in North America.

-Peer Street, Inc. and its affiliated companies (“PeerStreet”) announced that on Monday, June 26, 2023, they filed for protection under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Founded in 2013, PeerStreet was a platform for online investing in real-estate debt that enabled accredited investors, funds, and institutions

The movie theater advertising giant will strike a $55 million exit financing deal and the existing leadership will remain in place as part of a debt-for-equity deal agreed with lenders. Movie theater advertising giant National CineMedia has been cleared by a Texas court to emerge from Chapter 11 bankruptcy protection as part of a debt restructuring deal earlier agreed with key lenders.

Blue Bridge Financial, Inc. (“Blue Bridge” or the “Company”), a leading independent commercial equipment finance company, announced the successful upsizing and extension of its corporate notes to $20.0 million. These notes refinanced the Company’s $15.0 million corporate notes financing from January 2021.

Moritt Hock & Hamroff announced today that Leslie Berkoff and Theresa Driscoll, partners of the firm, have been recognized by Lawdragon as 500 Leading U.S. Bankruptcy & Restructuring Lawyers for 2023. The annual Lawdragon 500 Leading Lawyers in America is the most elite distinction in the profession, covering the best of the best in all practice areas.