A transaction in which Morgan Lewis lawyers represented ACIA Aero Leasing has been named the Revolving Credit Facility Deal of the Year for 2022 at the AirFinance Journal Awards, which recognize outstanding work on aviation finance transactions.

In 1992, the AIRA established the Certified Insolvency and Restructuring Advisor (CIRA) program to recognize by public awareness and certification those individuals who possess a high degree of knowledge and proficiency across a spectrum of functions related to serving clients in situations involving distressed and/or insolvent entities.

Big Shoulders Capital affiliate completed the asset purchase of Design Molded Plastics, a 40-year-old custom plastic injection molding business in Macedonia, Ohio. Big Shoulders previously invested in another Ohio injection molder and mold builder, DRS Industrial, LLC in 2020.

Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to welcome Ben Warren and Jack Rutter to the firm as Associates. Throughout the year, Gridiron has continued to bolster its team to add value and enhance its Winning Together culture.

The Business Development team of Access Capital, Inc., the nation’s leading independent lender to the staffing industry, recently added Brian Sheehy to its Business Development team as its Vice President reporting to Raphael Torres, Head of Business Development.

Traditional bank lenders are applying more pressure to borrowers and showing less tolerance when mid-sized companies in the U.S. miss financial targets, according to a new survey of business executives and lenders sponsored by Carl Marks Advisors, a leading investment bank.

Augmedix (Nasdaq: AUGX), a healthcare technology company that delivers industry-leading ambient medical documentation, today announced that it has amended its existing senior secured term loan facility with Silicon Valley Bank (“SVB”), a division of First Citizens Bank, which may extend the interest only period by as long as 18 months from January 2024 to July 2025, and finalized terms on its previously disclosed equity line of credit with Redmile Group, LLC (“Redmile”).

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Atlanta-based Tiffany Brown as a Managing Director and the North American Solution Leader for the CFO Services practice within the firm’s Corporate Performance Improvement (CPI) division.

BHI, a full-service commercial bank, announced that it has provided a $6 million loan to refinance 1444 Drexel Avenue, Miami Beach, Florida. The loan provided by BHI will enable the Casa Victoria Orchid Hotel to further enhance the guest experience through strategic improvements and upgrades.

PesoRama Inc. (TSXV: PESO) (OTCQB: PSSOF) ("PesoRama" or the "Company") is pleased to announce that, today, it has entered into a binding senior secured revolving credit facility (the "Loan Agreement") for up to $20M (the "Loan") with Third Eye Capital Corporation (the "Agent") on behalf of certain lenders (the "Lenders").

Shawn McCutcheon has joined Associated Bank as community market president for the St. Louis and Metro East market. He is responsible for the commercial, private and retail banking operations for Associated Bank's Southern IL and Missouri markets.

The leverage facility agented by KeyBank provides over $450MM of capital and includes the recent additions of new lending partners First Citizens Bank, Regions Bank, and Synovus Financial Corp.

FGI Worldwide LLC (www.FGIWW.com) (“FGI”), has announced the hiring of Rick Perea as Director, FGI Risk. Based out of the Boca Raton office, Mr. Perea is responsible for originating new business opportunities for FGI’s credit insurance brokerage and risk advisory division by cultivating relationships throughout the Southeast marketplace.

SG Credit Partners, through its SG Consumer Products division, is happy to announce a partnership with Bulletproof 360, a coffee and functional nutrition brand best known for the “Bulletproof Coffee” recipe. Bulletproof embraces mind-body nutrition by using a blend of high-quality coffee, MCT oil, and grass-fed butter.

Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has amended its Receivables-Based Credit Facility and Revolving Credit Facility (together, the "Amendments") with Deutsche Bank AG New York Branch as administrative agent.