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Aequum Capital Provides $7.3MM Asset-Based Revolver and Equipment Finance Term Loan to Premier Texas Based Manufacturer
August 29, 2023Aequum Capital is pleased to announce it recently closed a $7,300,000 credit facility to a premier Texas based manufacturer.
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IBC Advanced Alloys Announces Entering Into New Term Loan and Amendment of Existing Credit Facilities
August 29, 2023IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) is pleased to announce that certain of the Company's U.S. subsidiaries (the "Subsidiaries") have entered into a term loan (the "Term Loan") with Sallyport Commercial Finance, LLC ("Sallyport") and amendments to existing credit facilities (the "Amendments") with each of Sallyport and Iron Horse Credit, LLC ("Iron Horse") as further described below, resulting in access to US$7,000,000 in additional funding.
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SunVest Solar Obtains $60 Million Financing Facility
August 29, 2023SunVest Solar LLC, an independent, vertically integrated renewable energy business headquartered in Chicago and Milwaukee, has closed on a $60 million construction loan facility.
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Troutman Pepper Counsels Burke & Herbert Financial Services Corp. in Merger with Summit Financial Group, Inc.
August 28, 2023Troutman Pepper client Burke & Herbert Financial Services Corp. and Summit Financial Group Inc. recently announced they have entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals.
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Huntington Business Credit Deal Announcement: Aurora Wholesalers, LLC (dba The Mazel Company)
August 28, 2023Huntington Business Credit announced it closed a $20,000,000 new credit facility with Aurora Wholesalers, LLC (dba The Mazel Company) on August 4, 2023.
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Blank Rome Attorneys Recognized in 2024 Best Lawyers in America®
August 28, 2023Blank Rome is pleased to announce that 200 firm attorneys have been recognized in Best Lawyers in America® 2024 in the annual categories of “Lawyers of the Year,” “Ones to Watch,” and “Best Lawyers,” in more than 50 practice areas across 12 regions.
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B. Riley Serves as Exclusive Financial Advisor to DynTek, Inc. in Connection with its Strategic Investment from Gallant Capital
August 28, 2023B. 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”).
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
August 28, 2023Gateway 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.
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Arixa Capital Announces Strategic Joint Venture With Oaktree
August 28, 2023Arixa 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.
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Rite Aid’s stock drops more than 50% on report of pending Chapter 11
August 28, 2023Rite 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.
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Renewables Business Reaffirms Growth with $30M Finance
August 28, 2023A 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.
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Okea Asa Announces Commitment for Revolving Credit Facility
August 24, 2023OKEA 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.
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Beyond Finance Gets a Boost with Comvest’s $635m Credit Facility
August 24, 2023Comvest 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.
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Cushman & Wakefield Announces Closing of $400 Million Senior Secured Notes Offering and $1,000 Million Term Loan Facility
August 24, 2023Cushman & 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”).
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New Deloitte Private Survey Finds Talent and Technology Fuel Top Capital Investment Priorities
August 24, 2023Today, 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.
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Brett Baumeister Joins The Middlefield Banking Company as Senior Vice President – Commercial Lending Western Region
August 24, 2023The 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.
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U.S. Bank Announces Updates to Recent Leadership Changes
August 24, 2023U.S. Bank today announced several updates to previously shared leadership changes that will be effective Sept. 1.
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SG Credit Partners Announces A Senior Debt Investment in Cora
August 24, 2023SG 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.
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Briar Capital Real Estate Fund Announces the Closing of a New $3.8MM+ Commercial Real Estate Loan to a Manufacturer of Wood Products for the Arts and Craft Industry
August 24, 2023Briar 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.
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Mitsubishi HC Capital America Closes Inventory Finance Deals Valued at $400 Million
August 23, 2023Mitsubishi 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.
-
Aequum Capital Provides $7.3MM Asset-Based Revolver and Equipment Finance Term Loan to Premier Texas Based Manufacturer
August 29, 2023Aequum Capital is pleased to announce it recently closed a $7,300,000 credit facility to a premier Texas based manufacturer.
-
IBC Advanced Alloys Announces Entering Into New Term Loan and Amendment of Existing Credit Facilities
August 29, 2023IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) is pleased to announce that certain of the Company's U.S. subsidiaries (the "Subsidiaries") have entered into a term loan (the "Term Loan") with Sallyport Commercial Finance, LLC ("Sallyport") and amendments to existing credit facilities (the "Amendments") with each of Sallyport and Iron Horse Credit, LLC ("Iron Horse") as further described below, resulting in access to US$7,000,000 in additional funding.
-
SunVest Solar Obtains $60 Million Financing Facility
August 29, 2023SunVest Solar LLC, an independent, vertically integrated renewable energy business headquartered in Chicago and Milwaukee, has closed on a $60 million construction loan facility.
-
Troutman Pepper Counsels Burke & Herbert Financial Services Corp. in Merger with Summit Financial Group, Inc.
August 28, 2023Troutman Pepper client Burke & Herbert Financial Services Corp. and Summit Financial Group Inc. recently announced they have entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals.
-
Huntington Business Credit Deal Announcement: Aurora Wholesalers, LLC (dba The Mazel Company)
August 28, 2023Huntington Business Credit announced it closed a $20,000,000 new credit facility with Aurora Wholesalers, LLC (dba The Mazel Company) on August 4, 2023.
-
Blank Rome Attorneys Recognized in 2024 Best Lawyers in America®
August 28, 2023Blank Rome is pleased to announce that 200 firm attorneys have been recognized in Best Lawyers in America® 2024 in the annual categories of “Lawyers of the Year,” “Ones to Watch,” and “Best Lawyers,” in more than 50 practice areas across 12 regions.
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B. Riley Serves as Exclusive Financial Advisor to DynTek, Inc. in Connection with its Strategic Investment from Gallant Capital
August 28, 2023B. 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 Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
August 28, 2023Gateway 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 Announces Strategic Joint Venture With Oaktree
August 28, 2023Arixa 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’s stock drops more than 50% on report of pending Chapter 11
August 28, 2023Rite 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.
-
Renewables Business Reaffirms Growth with $30M Finance
August 28, 2023A 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 Announces Commitment for Revolving Credit Facility
August 24, 2023OKEA 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.
-
Beyond Finance Gets a Boost with Comvest’s $635m Credit Facility
August 24, 2023Comvest 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 Announces Closing of $400 Million Senior Secured Notes Offering and $1,000 Million Term Loan Facility
August 24, 2023Cushman & 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”).
-
New Deloitte Private Survey Finds Talent and Technology Fuel Top Capital Investment Priorities
August 24, 2023Today, 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.
-
Brett Baumeister Joins The Middlefield Banking Company as Senior Vice President – Commercial Lending Western Region
August 24, 2023The 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.
-
U.S. Bank Announces Updates to Recent Leadership Changes
August 24, 2023U.S. Bank today announced several updates to previously shared leadership changes that will be effective Sept. 1.
-
SG Credit Partners Announces A Senior Debt Investment in Cora
August 24, 2023SG 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 Announces the Closing of a New $3.8MM+ Commercial Real Estate Loan to a Manufacturer of Wood Products for the Arts and Craft Industry
August 24, 2023Briar 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 Closes Inventory Finance Deals Valued at $400 Million
August 23, 2023Mitsubishi 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.
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