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Home > Chapters > Canada > News Detail
  • Rite Aid’s stock drops more than 50% on report of pending Chapter 11
    August 28, 2023
    Rite 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, 2023
    A 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, 2023
    OKEA 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, 2023
    Comvest 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, 2023
    Cushman & 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, 2023
    Today, 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, 2023
    The 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, 2023
    U.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, 2023
    SG 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, 2023
    Briar 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, 2023
    Mitsubishi 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.
  • First Citizens Bank Serves as Syndication Agent, Joint Lead Arranger and Joint Bookrunner on $400 Million Financing for Alex Lee Inc.
    August 23, 2023
    First Citizens Bank announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc. The five-year revolving credit facility refinanced existing debt and increased the facility size to support the company's continued business growth.
  • WeWork Taps Restructuring Advisers in Effort to Stave off Bankruptcy
    August 23, 2023
    The co-working giant has hired real estate adviser Hilco Global, once again tapped consultant Alvarez & Marsal, and re-engaged law firm Kirkland & Ellis for advice on its options, according to the people, who spoke on the condition of anonymity because the matter is private.
  • Encina Lender Finance Provides Inaugural Senior Credit Facility for Great Elm Healthcare Finance
    August 23, 2023
    Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural senior credit facility for Great Elm Healthcare Finance, LLC (GEHF).
  • Sallyport Commercial Finance Closes $3 Million Creative Finance Solution for New Venture
    August 23, 2023
    As the existing finance partner for another company in the same group, Sallyport was the first choice when it came to funding this new venture. The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.
  • MidCap Business Credit Close on a $16 Million Asset-based Credit Facility to E.R. Wagner Manufacturing Company
    August 23, 2023
    MidCap Business Credit announced today they have closed on a $16,000,000 asset-based credit facility to E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal hinges and stampings, tubular components, casters, and wheels, that are sold primarily into the industrial and automotive industries.
  • US Capital Global Provides Multi-Million-Dollar Sell-Side M&A Advisory to Socal Safe Company
    August 23, 2023
    US Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial group US Capital Global, has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions.
  • Partner David Stringer Joins Clifford Chance in the Firm’s New Houston Office
    August 23, 2023
    Clifford Chance announces today that partner David Stringer has joined its new office in Houston. He joins Jonathan Bobinger, Jonathan Castelan, Trevor Lavelle, David H. Sweeney, Enoch Varner and Alexandra L. Wilde as the final of the batch of seven new partners in Houston.
  • Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions
    August 23, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.
  • Trinity Capital Inc. Provides $12 Million Growth Capital to Delphinus Medical Technologies, Inc.
    August 23, 2023
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer detection and decreases unnecessary call backs, while delivering a comfortable patient experience.
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  • Rite Aid’s stock drops more than 50% on report of pending Chapter 11
    August 28, 2023
    Rite 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, 2023
    A 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, 2023
    OKEA 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, 2023
    Comvest 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, 2023
    Cushman & 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, 2023
    Today, 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, 2023
    The 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, 2023
    U.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, 2023
    SG 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, 2023
    Briar 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, 2023
    Mitsubishi 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.
  • First Citizens Bank Serves as Syndication Agent, Joint Lead Arranger and Joint Bookrunner on $400 Million Financing for Alex Lee Inc.
    August 23, 2023
    First Citizens Bank announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc. The five-year revolving credit facility refinanced existing debt and increased the facility size to support the company's continued business growth.
  • WeWork Taps Restructuring Advisers in Effort to Stave off Bankruptcy
    August 23, 2023
    The co-working giant has hired real estate adviser Hilco Global, once again tapped consultant Alvarez & Marsal, and re-engaged law firm Kirkland & Ellis for advice on its options, according to the people, who spoke on the condition of anonymity because the matter is private.
  • Encina Lender Finance Provides Inaugural Senior Credit Facility for Great Elm Healthcare Finance
    August 23, 2023
    Encina Lender Finance, LLC (ELF) announced today the closing of an inaugural senior credit facility for Great Elm Healthcare Finance, LLC (GEHF).
  • Sallyport Commercial Finance Closes $3 Million Creative Finance Solution for New Venture
    August 23, 2023
    As the existing finance partner for another company in the same group, Sallyport was the first choice when it came to funding this new venture. The finance company had grown much faster than forecasted and needed to find a provider to help them with funding new property lending opportunities. Sallyport’s $3 million senior facility will help fund the purchase of new properties to add to their unique portfolio.
  • MidCap Business Credit Close on a $16 Million Asset-based Credit Facility to E.R. Wagner Manufacturing Company
    August 23, 2023
    MidCap Business Credit announced today they have closed on a $16,000,000 asset-based credit facility to E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal hinges and stampings, tubular components, casters, and wheels, that are sold primarily into the industrial and automotive industries.
  • US Capital Global Provides Multi-Million-Dollar Sell-Side M&A Advisory to Socal Safe Company
    August 23, 2023
    US Capital Global Securities LLC, an SEC-registered, FINRA-member broker-dealer affiliate of global private financial group US Capital Global, has provided multi-million-dollar sell-side M&A representation to Socal Safe Company (“Socal Safe”), a California-based industry leader in safes and security solutions.
  • Partner David Stringer Joins Clifford Chance in the Firm’s New Houston Office
    August 23, 2023
    Clifford Chance announces today that partner David Stringer has joined its new office in Houston. He joins Jonathan Bobinger, Jonathan Castelan, Trevor Lavelle, David H. Sweeney, Enoch Varner and Alexandra L. Wilde as the final of the batch of seven new partners in Houston.
  • Stellus Capital Management, LLC Provides Senior Debt Financing in Support of Gallant Capital Partners’ Investments in DynTek and rSolutions
    August 23, 2023
    Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing to support Gallant Capital Partners’ (“Gallant”) investments in DynTek, Inc. (“DynTek”), a US-based professional IT services, cybersecurity, and risk management organization, and rSolutions Corporation (“rSolutions”), a Canadian-based cybersecurity firm.
  • Trinity Capital Inc. Provides $12 Million Growth Capital to Delphinus Medical Technologies, Inc.
    August 23, 2023
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer detection and decreases unnecessary call backs, while delivering a comfortable patient experience.
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