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Home > Chapters > Canada > News Detail
  • ACME Credit Partners Announces Credit-Focused Investment Strategy to Target Lower Middle-Market Opportunities
    October 5, 2023
    ACME Credit Partners LLC, a newly launched New York-based credit-focused investment firm, will provide creative liquidity solutions to the lower middle market. ACME Credit Partners is led by Peter Eschmann and Jay Rogers — both former Managing Directors at Cerberus Capital Management — along with Charles Widger, an industry veteran.
  • New Wolters Kluwer Technology Helps Banks Address Basel Compliance
    October 5, 2023
    Wolters Kluwer has introduced technology as part of its ongoing work to help banks comply with Basel reporting requirements. OneSumX for Basel is the latest addition to the company’s OneSumX suite of regulatory technology offerings.
  • SLR Healthcare ABL Provides $16 Million to Skilled Nursing Operator
    October 5, 2023
    SLR Healthcare ABL is pleased to announce it provided a $16 million asset-based revolving line of credit to a skilled nursing operator.
  • Taiga Announces $15 Million Term Loan Agreement and Provides a Production Update
    October 4, 2023
    Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, announced that it has entered into a $15 million Secured Term Loan Agreement with Export Development Canada ("EDC"). The loan will support the Company's continued growth towards producing approximately 1,000 vehicles in 2023.
  • Associated Bank's Jay Williams named to List of Influential Leaders
    October 4, 2023
    Associated Bank today announced that Jay Williams, Associated Banc-Corp Board of Directors Chairman, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD) as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
  • Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
    October 4, 2023
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two purchase order financing transactions totaling $3.5 million.
  • Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
    October 4, 2023
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two purchase order financing transactions totaling $3.5 million.
  • Sallyport Commercial Finance Provides a $1M Facility for Lighting Manufacturer
    October 4, 2023
    Sallyport Commercial Finance is delighted to announce a $1,000,000 accounts receivable facility for a lighting manufacturer headquartered in Tennessee. The business held a very strong sales position through the pandemic, however with subsequent supply chain challenges and inflationary pressure, sales plateaued over the last couple of years.
  • US Capital Global Provides $330 Million Financial Advisory for Entertainment Mega-Complex in the Southeastern United States
    October 4, 2023
    US Capital Global has advised on $330 million debt and equity financing for a limited liability company developing an entertainment mega-complex in the Southeastern United States. The planned theme park aims to feature rollercoasters, raised walkways with observation decks, a selection of leading restaurant brands, shopping facilities, and a variety of popular themed rides and entertainment features.
  • Crescent Private Credit Income Corp. Launches with $150 Million Seed Capital Investment from SLC Management
    October 4, 2023
    Crescent Capital Group (“Crescent”), a leading alternative credit investment firm, announced today the launch of Crescent Private Credit Income Corp. (“CPCI”), a non-exchange traded, perpetual-life business development company (“BDC”). CPCI’s Registration Statement on Form N-2 in connection with its initial public offering of common stock has been declared effective by the U.S. Securities and Exchange Commission
  • New Heritage Capital Welcomes Greg Katz as Vice President of Business Development
    October 4, 2023
    New Heritage Capital, a leading private equity firm specializing in investing alongside middle-market founder-owned businesses, is pleased to announce the appointment of Greg Katz as Vice President of Business Development.
  • Hammerhead Energy Inc. Announces Expanded Credit Facility and Repayment of Term Debt
    October 4, 2023
    Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS; NASDAQ: HHRS) is pleased to announce the expansion of its credit facility to C$450 million (from C$350 million) effective September 27, 2023.
  • MKS Instruments Completes Repricing of Secured Term Loan B
    October 4, 2023
    MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, announced today that it successfully completed the repricing of its existing $3.6 billion secured tranche B term loan.
  • Armory Securities, LLC Announces the Sale of the Assets of Aruze Gaming America, Inc
    October 4, 2023
    Armory Securities, LLC is pleased to announce the successful sale of the assets of Aruze Gaming America, Inc (“Aruze”) via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Aruze in connection with the transaction
  • Alvarez & Marsal's Global Transaction Advisory Group Names Lawrence Ferrara Global Chief Learning Officer
    October 4, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Lawrence Ferrara as a Senior Director and Global Chief Learning Officer in its Global Transaction Advisory Group (TAG).
  • PNC Bank Buys $16.6B Capital Commitment Portfolio From Signature Bridge Bank
    October 4, 2023
    PNC Bank purchased a $16.6 billion portfolio of capital commitments facilities from Signature Bridge Bank, N.A., the Pittsburgh-based financial institution said Tuesday in a statement.
  • FrontWell Capital Partners Provides USD$25 Million Senior Secured Credit Facility to Borealis Foods Inc.
    October 3, 2023
    FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a USD$25 million secured credit facility with Borealis Foods Inc. (“Borealis”), a fast-growing food tech company with a mission to serve growing consumer needs and global food challenges through its development of nutritious, healthy, and affordable ready-to-eat meals.
  • Fora Financial Closes New Debt Financings, Further Diversifying Capital Structure
    October 3, 2023
    Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, today announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note.
  • Ebix Signs Agreement with Lenders Regarding Credit Facility
    October 3, 2023
    Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain conditions, while the Company pursues strategic alternatives.
  • BXP Exercises $315.0 Million Accordion Feature Increasing Its Revolving Credit Facility Capacity to More Than $1.8 Billion
    October 3, 2023
    BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has exercised a portion of the accordion feature under its existing revolving credit facility to increase the available borrowing capacity by an aggregate amount of $315.0 million, increasing the facility’s maximum borrowing capacity to $1.815 billion.
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  • ACME Credit Partners Announces Credit-Focused Investment Strategy to Target Lower Middle-Market Opportunities
    October 5, 2023
    ACME Credit Partners LLC, a newly launched New York-based credit-focused investment firm, will provide creative liquidity solutions to the lower middle market. ACME Credit Partners is led by Peter Eschmann and Jay Rogers — both former Managing Directors at Cerberus Capital Management — along with Charles Widger, an industry veteran.
  • New Wolters Kluwer Technology Helps Banks Address Basel Compliance
    October 5, 2023
    Wolters Kluwer has introduced technology as part of its ongoing work to help banks comply with Basel reporting requirements. OneSumX for Basel is the latest addition to the company’s OneSumX suite of regulatory technology offerings.
  • SLR Healthcare ABL Provides $16 Million to Skilled Nursing Operator
    October 5, 2023
    SLR Healthcare ABL is pleased to announce it provided a $16 million asset-based revolving line of credit to a skilled nursing operator.
  • Taiga Announces $15 Million Term Loan Agreement and Provides a Production Update
    October 4, 2023
    Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, announced that it has entered into a $15 million Secured Term Loan Agreement with Export Development Canada ("EDC"). The loan will support the Company's continued growth towards producing approximately 1,000 vehicles in 2023.
  • Associated Bank's Jay Williams named to List of Influential Leaders
    October 4, 2023
    Associated Bank today announced that Jay Williams, Associated Banc-Corp Board of Directors Chairman, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD) as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
  • Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
    October 4, 2023
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two purchase order financing transactions totaling $3.5 million.
  • Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
    October 4, 2023
    Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of two purchase order financing transactions totaling $3.5 million.
  • Sallyport Commercial Finance Provides a $1M Facility for Lighting Manufacturer
    October 4, 2023
    Sallyport Commercial Finance is delighted to announce a $1,000,000 accounts receivable facility for a lighting manufacturer headquartered in Tennessee. The business held a very strong sales position through the pandemic, however with subsequent supply chain challenges and inflationary pressure, sales plateaued over the last couple of years.
  • US Capital Global Provides $330 Million Financial Advisory for Entertainment Mega-Complex in the Southeastern United States
    October 4, 2023
    US Capital Global has advised on $330 million debt and equity financing for a limited liability company developing an entertainment mega-complex in the Southeastern United States. The planned theme park aims to feature rollercoasters, raised walkways with observation decks, a selection of leading restaurant brands, shopping facilities, and a variety of popular themed rides and entertainment features.
  • Crescent Private Credit Income Corp. Launches with $150 Million Seed Capital Investment from SLC Management
    October 4, 2023
    Crescent Capital Group (“Crescent”), a leading alternative credit investment firm, announced today the launch of Crescent Private Credit Income Corp. (“CPCI”), a non-exchange traded, perpetual-life business development company (“BDC”). CPCI’s Registration Statement on Form N-2 in connection with its initial public offering of common stock has been declared effective by the U.S. Securities and Exchange Commission
  • New Heritage Capital Welcomes Greg Katz as Vice President of Business Development
    October 4, 2023
    New Heritage Capital, a leading private equity firm specializing in investing alongside middle-market founder-owned businesses, is pleased to announce the appointment of Greg Katz as Vice President of Business Development.
  • Hammerhead Energy Inc. Announces Expanded Credit Facility and Repayment of Term Debt
    October 4, 2023
    Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS; NASDAQ: HHRS) is pleased to announce the expansion of its credit facility to C$450 million (from C$350 million) effective September 27, 2023.
  • MKS Instruments Completes Repricing of Secured Term Loan B
    October 4, 2023
    MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, announced today that it successfully completed the repricing of its existing $3.6 billion secured tranche B term loan.
  • Armory Securities, LLC Announces the Sale of the Assets of Aruze Gaming America, Inc
    October 4, 2023
    Armory Securities, LLC is pleased to announce the successful sale of the assets of Aruze Gaming America, Inc (“Aruze”) via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Aruze in connection with the transaction
  • Alvarez & Marsal's Global Transaction Advisory Group Names Lawrence Ferrara Global Chief Learning Officer
    October 4, 2023
    Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Lawrence Ferrara as a Senior Director and Global Chief Learning Officer in its Global Transaction Advisory Group (TAG).
  • PNC Bank Buys $16.6B Capital Commitment Portfolio From Signature Bridge Bank
    October 4, 2023
    PNC Bank purchased a $16.6 billion portfolio of capital commitments facilities from Signature Bridge Bank, N.A., the Pittsburgh-based financial institution said Tuesday in a statement.
  • FrontWell Capital Partners Provides USD$25 Million Senior Secured Credit Facility to Borealis Foods Inc.
    October 3, 2023
    FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a USD$25 million secured credit facility with Borealis Foods Inc. (“Borealis”), a fast-growing food tech company with a mission to serve growing consumer needs and global food challenges through its development of nutritious, healthy, and affordable ready-to-eat meals.
  • Fora Financial Closes New Debt Financings, Further Diversifying Capital Structure
    October 3, 2023
    Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, today announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note.
  • Ebix Signs Agreement with Lenders Regarding Credit Facility
    October 3, 2023
    Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain conditions, while the Company pursues strategic alternatives.
  • BXP Exercises $315.0 Million Accordion Feature Increasing Its Revolving Credit Facility Capacity to More Than $1.8 Billion
    October 3, 2023
    BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has exercised a portion of the accordion feature under its existing revolving credit facility to increase the available borrowing capacity by an aggregate amount of $315.0 million, increasing the facility’s maximum borrowing capacity to $1.815 billion.
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