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Home > Chapters > Canada > News Detail
  • Gibraltar Business Capital Hires Lending Veteran as SVP, Underwriting Manager
    July 10, 2023
    Gibraltar Business Capital is proud to announce it has hired S.N. Thomas, a lending expert with 25+ years’ experience, as an SVP and Underwriting Manager. ​ As part of his extensive career, Thomas spent over 20 years at Wells Fargo, primarily in the asset-based lending group.
  • Golub Capital Expands Direct Lending Leadership
    July 10, 2023
    Golub Capital announced several promotions within its Direct Lending team, positioning the Firm for continued growth of its market-leading sponsor finance platform.
  • Siena Lending Group LLC Announces the Closing of a $35.0 Million Revolving Credit Facility for A Nutritional Supplement And Body Care Company
    July 10, 2023
    Siena Lending Group LLC ("Siena") announces the completion of a $35.0 million revolving credit facility for Nutritional. The facility was used to refinance Nutritional’s existing senior debt and support their working capital needs.
  • Flatbay Capital Funds $1 Million Bridge Loan Funded for Family-Owned Roofing Company
    July 10, 2023
    Flatbay Capital funded a $1,000,000 owner-occupied commercial real estate bridge loan for a family-owned roofing company based in Central Texas. The client offers roof repairs, full roof replacement, modified bitumen, and metal roofing.
  • Marathon Asset Management Closes $1.7 Billion Asset-Based Lending Fund
    July 10, 2023
    -Marathon Asset Management (“Marathon”), a leading global credit investment manager, today announced the final close for Marathon Secured Private Strategies Fund III, the third vintage of its closed-end asset-based lending (“ABL”) fund. The Fund, which was oversubscribed, accepted $1.7 billion of capital commitments from a global base of institutional and high net worth investors.
  • TPG To Acquire Forcepoint Global Governments and Critical Infrastructure Business from Francisco Partners
    July 10, 2023
    Global security leader Forcepoint today announced it has signed a definitive agreement to sell the Company’s Global Governments and Critical Infrastructure (G2CI) business to TPG, a global alternative asset management firm. The transaction will separate Forcepoint’s Commercial and G2CI businesses and will establish G2CI as an independent entity.
  • Northstar Executes Binding Credit Agreement for $8.75 Million in Debt with Business Development Bank of Canada (BDC)
    July 10, 2023
    Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that, following its June 15, 2023 announcement of a non-binding term sheet, it has entered into a binding definitive credit agreement (the "Credit Agreement") with the Business Development Bank of Canada ("BDC") for project financing of up to C$8.75 million in non-revolving senior secured debt (the "BDC Financing").
  • IGC Pharma Secures $12 Million Line of Credit from O-Bank Strengthening Efforts in Alzheimer's Research
    July 10, 2023
    IGC Pharma, Inc. (NYSE American: IGC) (“IGC” or the “Company”), a clinical-stage pharmaceutical company, has secured a $12 million revolving line of credit from the Hong Kong Branch of O-Bank Co., Ltd. (“O-Bank” or the “Bank”). This funding will support IGC’s working capital needs primarily related to its Alzheimer’s research.
  • US Capital Global Expands Its Presence in Asia with Appointment of Vice President Sal Saqeb
    July 10, 2023
    US Capital Global is pleased to announce the appointment of Sal Saqeb as Vice President. With an impressive background in finance and a track record of driving strategic growth, Mr. Saqeb will play a leading role in expanding the group’s market presence in Asia and delivering exceptional value to its international clients.
  • Dr. Jim Birchenough Joins Barclays as Co-Head of Global Biopharma Investment Banking
    July 10, 2023
    Barclays today announced the appointment of Jim Birchenough, MD, as Chairman of Global Healthcare Investment Banking and Co-Head of Global Biopharma Investment Banking, based in San Francisco.
  • Bausch Health Enters Into $600 Million Financing Facility With KKR
    July 10, 2023
    Bausch Health Companies Inc. (NYSE/TSX:BHC) and KKR today announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, has entered into a $600 million non-recourse financing facility with KKR and its credit funds and accounts.
  • Hunton Andrews Kurth Assists Lifestyle Communities With Term Loan Facility
    July 10, 2023
    Hunton Andrews Kurth LLP acted as counsel to Lifestyle Communities (“LC”) in a multi-draw term loan facility (the “Loan Facility”) provided by Ares Alternative Credit Management LLC to be primarily used to finance LC’s development and operation of apartment communities.
  • Simmons Bank Announces Key Leadership Changes
    July 10, 2023
    Chad Rawls has taken on the newly created role of chief commercial banking officer. Earlier this year, Chris White was named chief community banking officer. Veteran credit officers Josh Herron and Steve Wade have been tapped to lead Simmons' well established credit function.
  • NETSTREIT Corp. Announces $250 Million Term Loan and Amended and Extended $175 Million Term Loan
    July 10, 2023
    Truist Securities and PNC Capital Markets LLC acted as Joint Bookrunners and Joint Lead Arrangers for the Term Loan. Capital One, National Association, Mizuho Bank, Ltd. and The Bank of Nova Scotia served as Joint Lead Arrangers and Co-Documentation Agents. Bank of America, N.A. and Stifel Bank & Trust also participated in the Term Loan.
  • Renzo Capital Provides $80MM Credit Facility to HG Capital
    July 10, 2023
    Renzo Capital announced they have agreed to provide $80 million in financing via a senior secured credit facility to HG Capital. The facility is expected to be used to refinance the debt held by the company’s current lender as well as for general corporate purposes.
  • STRATA Skin Sciences Secures Additional $12 Million Financing with MidCap Financial
    July 10, 2023
    STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced that it has completed the refinancing of its existing debt agreement with a new facility from MidCap Financial (MidCap).
  • GoldenTree Asset Management Announces Alysia Love as Chief Talent Officer
    July 10, 2023
    GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $50 billion in assets under management, announced the addition of Alysia Love as Chief Talent Officer and Partner today.
  • Golub Capital Private Credit Fund Breaks Escrow with Net Proceeds of $650 Million
    July 10, 2023
    Golub Capital today announced that the Golub Capital Private Credit Fund ("GCRED" or the "Fund"), a non-traded business development company, broke escrow with approximately $650 million in net proceeds on June 30, 2023.
  • InterNex Capital Announces $4 Million Facility to General Contracting Company
    July 10, 2023
    InterNex Capital provides $4,000,000 facility to a woman and minority owned general contracting company in the Midwest.
  • Dave & Buster’s Entertainment, Inc. Announces Amendment to Credit Agreement, Reduces Spread 1.25% and Further Enhances Liquidity Position with Upsize of Term Loan B to $900 Million on Strong Demand
    July 7, 2023
    Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that the Company successfully amended its credit agreement, achieving favorable pricing and upsizing the Term Loan B facility to $900 million. ​
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  • Gibraltar Business Capital Hires Lending Veteran as SVP, Underwriting Manager
    July 10, 2023
    Gibraltar Business Capital is proud to announce it has hired S.N. Thomas, a lending expert with 25+ years’ experience, as an SVP and Underwriting Manager. ​ As part of his extensive career, Thomas spent over 20 years at Wells Fargo, primarily in the asset-based lending group.
  • Golub Capital Expands Direct Lending Leadership
    July 10, 2023
    Golub Capital announced several promotions within its Direct Lending team, positioning the Firm for continued growth of its market-leading sponsor finance platform.
  • Siena Lending Group LLC Announces the Closing of a $35.0 Million Revolving Credit Facility for A Nutritional Supplement And Body Care Company
    July 10, 2023
    Siena Lending Group LLC ("Siena") announces the completion of a $35.0 million revolving credit facility for Nutritional. The facility was used to refinance Nutritional’s existing senior debt and support their working capital needs.
  • Flatbay Capital Funds $1 Million Bridge Loan Funded for Family-Owned Roofing Company
    July 10, 2023
    Flatbay Capital funded a $1,000,000 owner-occupied commercial real estate bridge loan for a family-owned roofing company based in Central Texas. The client offers roof repairs, full roof replacement, modified bitumen, and metal roofing.
  • Marathon Asset Management Closes $1.7 Billion Asset-Based Lending Fund
    July 10, 2023
    -Marathon Asset Management (“Marathon”), a leading global credit investment manager, today announced the final close for Marathon Secured Private Strategies Fund III, the third vintage of its closed-end asset-based lending (“ABL”) fund. The Fund, which was oversubscribed, accepted $1.7 billion of capital commitments from a global base of institutional and high net worth investors.
  • TPG To Acquire Forcepoint Global Governments and Critical Infrastructure Business from Francisco Partners
    July 10, 2023
    Global security leader Forcepoint today announced it has signed a definitive agreement to sell the Company’s Global Governments and Critical Infrastructure (G2CI) business to TPG, a global alternative asset management firm. The transaction will separate Forcepoint’s Commercial and G2CI businesses and will establish G2CI as an independent entity.
  • Northstar Executes Binding Credit Agreement for $8.75 Million in Debt with Business Development Bank of Canada (BDC)
    July 10, 2023
    Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that, following its June 15, 2023 announcement of a non-binding term sheet, it has entered into a binding definitive credit agreement (the "Credit Agreement") with the Business Development Bank of Canada ("BDC") for project financing of up to C$8.75 million in non-revolving senior secured debt (the "BDC Financing").
  • IGC Pharma Secures $12 Million Line of Credit from O-Bank Strengthening Efforts in Alzheimer's Research
    July 10, 2023
    IGC Pharma, Inc. (NYSE American: IGC) (“IGC” or the “Company”), a clinical-stage pharmaceutical company, has secured a $12 million revolving line of credit from the Hong Kong Branch of O-Bank Co., Ltd. (“O-Bank” or the “Bank”). This funding will support IGC’s working capital needs primarily related to its Alzheimer’s research.
  • US Capital Global Expands Its Presence in Asia with Appointment of Vice President Sal Saqeb
    July 10, 2023
    US Capital Global is pleased to announce the appointment of Sal Saqeb as Vice President. With an impressive background in finance and a track record of driving strategic growth, Mr. Saqeb will play a leading role in expanding the group’s market presence in Asia and delivering exceptional value to its international clients.
  • Dr. Jim Birchenough Joins Barclays as Co-Head of Global Biopharma Investment Banking
    July 10, 2023
    Barclays today announced the appointment of Jim Birchenough, MD, as Chairman of Global Healthcare Investment Banking and Co-Head of Global Biopharma Investment Banking, based in San Francisco.
  • Bausch Health Enters Into $600 Million Financing Facility With KKR
    July 10, 2023
    Bausch Health Companies Inc. (NYSE/TSX:BHC) and KKR today announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, has entered into a $600 million non-recourse financing facility with KKR and its credit funds and accounts.
  • Hunton Andrews Kurth Assists Lifestyle Communities With Term Loan Facility
    July 10, 2023
    Hunton Andrews Kurth LLP acted as counsel to Lifestyle Communities (“LC”) in a multi-draw term loan facility (the “Loan Facility”) provided by Ares Alternative Credit Management LLC to be primarily used to finance LC’s development and operation of apartment communities.
  • Simmons Bank Announces Key Leadership Changes
    July 10, 2023
    Chad Rawls has taken on the newly created role of chief commercial banking officer. Earlier this year, Chris White was named chief community banking officer. Veteran credit officers Josh Herron and Steve Wade have been tapped to lead Simmons' well established credit function.
  • NETSTREIT Corp. Announces $250 Million Term Loan and Amended and Extended $175 Million Term Loan
    July 10, 2023
    Truist Securities and PNC Capital Markets LLC acted as Joint Bookrunners and Joint Lead Arrangers for the Term Loan. Capital One, National Association, Mizuho Bank, Ltd. and The Bank of Nova Scotia served as Joint Lead Arrangers and Co-Documentation Agents. Bank of America, N.A. and Stifel Bank & Trust also participated in the Term Loan.
  • Renzo Capital Provides $80MM Credit Facility to HG Capital
    July 10, 2023
    Renzo Capital announced they have agreed to provide $80 million in financing via a senior secured credit facility to HG Capital. The facility is expected to be used to refinance the debt held by the company’s current lender as well as for general corporate purposes.
  • STRATA Skin Sciences Secures Additional $12 Million Financing with MidCap Financial
    July 10, 2023
    STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced that it has completed the refinancing of its existing debt agreement with a new facility from MidCap Financial (MidCap).
  • GoldenTree Asset Management Announces Alysia Love as Chief Talent Officer
    July 10, 2023
    GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $50 billion in assets under management, announced the addition of Alysia Love as Chief Talent Officer and Partner today.
  • Golub Capital Private Credit Fund Breaks Escrow with Net Proceeds of $650 Million
    July 10, 2023
    Golub Capital today announced that the Golub Capital Private Credit Fund ("GCRED" or the "Fund"), a non-traded business development company, broke escrow with approximately $650 million in net proceeds on June 30, 2023.
  • InterNex Capital Announces $4 Million Facility to General Contracting Company
    July 10, 2023
    InterNex Capital provides $4,000,000 facility to a woman and minority owned general contracting company in the Midwest.
  • Dave & Buster’s Entertainment, Inc. Announces Amendment to Credit Agreement, Reduces Spread 1.25% and Further Enhances Liquidity Position with Upsize of Term Loan B to $900 Million on Strong Demand
    July 7, 2023
    Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that the Company successfully amended its credit agreement, achieving favorable pricing and upsizing the Term Loan B facility to $900 million. ​
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