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NFI Announces Comprehensive Refinancing Plan that includes Credit Approved, Amended Three-Year Senior Credit Facilities, a $150 million Equity Issuance, and a $200 to $250 Million Second Lien Debt Financing
May 15, 2023TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it is working to complete a comprehensive refinancing plan to improve financial flexibility, strengthen its balance sheet and best position the Company to capitalize on the historic demand for its products and expected financial recovery.
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Hilco Performance Solutions Names Susan Stanley Continuous Improvement and Lean Manufacturing Practice Leader
May 15, 2023Hilco Performance Solutions (HPS), a management advisory firm that consists of operational and financial experts in the areas of Manufacturing, Supply Chain, Sales & Customer Experience, Organizational Design, and M&A has named Associate Director Susan Stanley to the new position of Continuous Improvement and Lean Manufacturing Practice Leader.
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KKR-backed Envision Healthcare Files for Bankruptcy
May 15, 2023KKR & Co Inc-backed (KKR.N) Envision Healthcare Corp and its wholly owned subsidiaries filed for Chapter 11 bankruptcy protection on Monday. The U.S. provider of physicians has estimated assets and liabilities in the range of $1 billion to $10 billion each, the company said in a court filing.
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Parker Hudson Expands its Litigation Capabilities into Chicago with the Addition of Todd C. Jacobs and John E. Bucheit
May 15, 2023Parker Hudson, a mid-sized law firm with an integrated collection of high value boutique business practices, is excited to announce its entry into the Chicago market. The firm is expanding its litigation capabilities with the addition of two highly regarded and experienced trial lawyers, Todd C. Jacobs and John E. Bucheit.
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Berkshire Bank Promotes Greg Saint John to SVP, Deputy Chief Credit Officer
May 15, 2023Berkshire Bank, a leading, socially responsible community bank with financial centers in New England and New York, announces that Greg Saint John, an experienced credit officer and banking industry veteran, was promoted to senior vice president, deputy chief credit officer & commercial credit director.
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eCapital Expands With Two Senior Hires
May 15, 2023The two new hires, Matthew DeBernardo, SVP, Business Development Officer, and Bret Aaron Meuschke, SVP, Business Development Officer, will be involved in managing Factoring and Asset-based Lending transactions as part of the company’s Commercial Finance division.
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Granite Construction Incorporated Announces Closing of $325 Million of Convertible Senior Notes due 2028 and Full Exercise of Initial Purchasers’ Option to Purchase Additional $48.75 Million of the Convertible Senior Notes
May 15, 2023Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.75% Convertible Senior Notes due 2028 (the “Convertible Notes”) for gross proceeds of $373.75 million.
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Amino Health Secures $80 Million in Financing to Accelerate Growth and Product Innovation
May 15, 2023Amino Health, the leading digital healthcare guidance company, today announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively. In the face of declining digital health investment, this funding underscores the success of Amino Health's proven model and enables the company to scale its technology and continue its strong growth trajectory.
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Portage Point Adds Tom Studebaker as Co-Head Of Turnaround & Restructuring Practice
May 15, 2023Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Thomas Studebaker has joined the firm as Managing Director & Co-Head of the Turnaround & Restructuring practice.
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SC&H Capital Advises E-Box, LLC in the Sale of its Roll-off Dumpster Rental Operation
May 15, 2023SC&H Capital, a leading investment bank specializing in M&A advisory, is pleased to announce it has completed a sale of the assets of E-Box, LLC’s (“E-Box” or “the Company”) roll-off dumpster rental operation, to Baltimore, MD-based K&S TE, LLC (“K&S”).
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FirstLight Power Announces $97.5M Corporate Credit Facility to Support Clean Energy Development Pipeline and Growth Strategy in North America
May 11, 2023FirstLight Power (FirstLight), a leading clean power producer, developer, and energy storage company serving North America, today announced the completed expansion of its corporate credit facility led by Royal Bank of Canada, The Toronto-Dominion Bank and Export Development Canada, the latter who joined the facility with this expansion.
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Allied Healthcare Products Enters into Asset Purchase Agreement and Commences Voluntary Chapter 11 Proceedings to Facilitate Value Maximizing Sale
May 11, 2023Allied Healthcare Products, Inc. ("AHP" or the "Company"), a reputable and leading manufacturer of medical gas construction equipment, respiratory therapy equipment, home healthcare products and emergency medical supplies, today announced that on May 8, 2023, it voluntarily initiated a Chapter 11 proceeding in the United States Bankruptcy Court for the Eastern District of Missouri Eastern Division.
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NFI Announces Comprehensive Refinancing Plan that includes Credit Approved, Amended Three-Year Senior Credit Facilities, a $150 million Equity Issuance, and a $200 to $250 million Second Lien Debt Financing
May 11, 2023The Bank of Nova Scotia is the Administrative Agent for the North American Facility, and The Bank of Nova Scotia, BMO Capital Markets, and National Bank Financial Inc. are the Joint Bookrunners.
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J.Jill, Inc. Completes Refinancing of ABL Credit Facility
May 11, 2023The new facility comes in the form of the sixth amendment to the ABL Credit Agreement with CIT, a division of First Citizens Bank, as the administrative and collateral agent. The facility is comprised of a $40 million revolving credit facility maturing in May 2028.
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Gridiron Capital Announces the Acquisition of CURREX by Foundation Wellness
May 11, 2023CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user’s specific needs. Founded in Hamburg, Germany in 2000, their products are trusted by professional athletes and coaches worldwide to improve performance, reduce injury risk, and enhance foot comfort.
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Pinnacle Capital Finance Provides a $2 Million Line of Credit to a California Building Restoration Company
May 11, 2023Pinnacle Capital Finance is proud to announce the issuance of a $2MM AR line of credit to a Central California based building restoration business. The company provides critical emergency repair, remediation and restoration services throughout the Sacramento and San Joaquin Valleys.
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McGuireWoods Boosts Debt Finance, Private Equity Capabilities With Dayan Rosen
May 11, 2023Dayan Rosen, a skilled deal lawyer with experience advising lenders and private equity clients in acquisition financings, has joined McGuireWoods as a partner in downtown Los Angeles.
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Associated Bank Welcomes Nicolas Goehring to its Equipment Finance Team in Minneapolis
May 11, 2023Nicolas “Nick” Goehring has joined Associated Bank as senior vice president & portfolio manager lead, corporate banking. He is responsible for the administration and risk management of client relationships, as well as the credit risk and quality of the overall equipment finance portfolio.
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Lendbuzz Partners with RBC and Expands Warehouse Facility by $125 Million
May 11, 2023The expansion increases the company’s capacity and ability to grow the number of borrowers its proprietary, AI based auto finance platform serves.
-
Symbiont.io Pursues Sale of Assets
May 11, 2023Symbiont.io, a technology pioneer solving complex global finance problems using enterprise blockchain solutions that was formed in 2013, announced the company is soliciting offers for a sale of its assets.
-
NFI Announces Comprehensive Refinancing Plan that includes Credit Approved, Amended Three-Year Senior Credit Facilities, a $150 million Equity Issuance, and a $200 to $250 Million Second Lien Debt Financing
May 15, 2023TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today announced that it is working to complete a comprehensive refinancing plan to improve financial flexibility, strengthen its balance sheet and best position the Company to capitalize on the historic demand for its products and expected financial recovery.
-
Hilco Performance Solutions Names Susan Stanley Continuous Improvement and Lean Manufacturing Practice Leader
May 15, 2023Hilco Performance Solutions (HPS), a management advisory firm that consists of operational and financial experts in the areas of Manufacturing, Supply Chain, Sales & Customer Experience, Organizational Design, and M&A has named Associate Director Susan Stanley to the new position of Continuous Improvement and Lean Manufacturing Practice Leader.
-
KKR-backed Envision Healthcare Files for Bankruptcy
May 15, 2023KKR & Co Inc-backed (KKR.N) Envision Healthcare Corp and its wholly owned subsidiaries filed for Chapter 11 bankruptcy protection on Monday. The U.S. provider of physicians has estimated assets and liabilities in the range of $1 billion to $10 billion each, the company said in a court filing.
-
Parker Hudson Expands its Litigation Capabilities into Chicago with the Addition of Todd C. Jacobs and John E. Bucheit
May 15, 2023Parker Hudson, a mid-sized law firm with an integrated collection of high value boutique business practices, is excited to announce its entry into the Chicago market. The firm is expanding its litigation capabilities with the addition of two highly regarded and experienced trial lawyers, Todd C. Jacobs and John E. Bucheit.
-
Berkshire Bank Promotes Greg Saint John to SVP, Deputy Chief Credit Officer
May 15, 2023Berkshire Bank, a leading, socially responsible community bank with financial centers in New England and New York, announces that Greg Saint John, an experienced credit officer and banking industry veteran, was promoted to senior vice president, deputy chief credit officer & commercial credit director.
-
eCapital Expands With Two Senior Hires
May 15, 2023The two new hires, Matthew DeBernardo, SVP, Business Development Officer, and Bret Aaron Meuschke, SVP, Business Development Officer, will be involved in managing Factoring and Asset-based Lending transactions as part of the company’s Commercial Finance division.
-
Granite Construction Incorporated Announces Closing of $325 Million of Convertible Senior Notes due 2028 and Full Exercise of Initial Purchasers’ Option to Purchase Additional $48.75 Million of the Convertible Senior Notes
May 15, 2023Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.75% Convertible Senior Notes due 2028 (the “Convertible Notes”) for gross proceeds of $373.75 million.
-
Amino Health Secures $80 Million in Financing to Accelerate Growth and Product Innovation
May 15, 2023Amino Health, the leading digital healthcare guidance company, today announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively. In the face of declining digital health investment, this funding underscores the success of Amino Health's proven model and enables the company to scale its technology and continue its strong growth trajectory.
-
Portage Point Adds Tom Studebaker as Co-Head Of Turnaround & Restructuring Practice
May 15, 2023Portage Point Partners, LLC (Portage Point), an elite boutique advisory, consulting, interim management and financial services firm, announced today that Thomas Studebaker has joined the firm as Managing Director & Co-Head of the Turnaround & Restructuring practice.
-
SC&H Capital Advises E-Box, LLC in the Sale of its Roll-off Dumpster Rental Operation
May 15, 2023SC&H Capital, a leading investment bank specializing in M&A advisory, is pleased to announce it has completed a sale of the assets of E-Box, LLC’s (“E-Box” or “the Company”) roll-off dumpster rental operation, to Baltimore, MD-based K&S TE, LLC (“K&S”).
-
FirstLight Power Announces $97.5M Corporate Credit Facility to Support Clean Energy Development Pipeline and Growth Strategy in North America
May 11, 2023FirstLight Power (FirstLight), a leading clean power producer, developer, and energy storage company serving North America, today announced the completed expansion of its corporate credit facility led by Royal Bank of Canada, The Toronto-Dominion Bank and Export Development Canada, the latter who joined the facility with this expansion.
-
Allied Healthcare Products Enters into Asset Purchase Agreement and Commences Voluntary Chapter 11 Proceedings to Facilitate Value Maximizing Sale
May 11, 2023Allied Healthcare Products, Inc. ("AHP" or the "Company"), a reputable and leading manufacturer of medical gas construction equipment, respiratory therapy equipment, home healthcare products and emergency medical supplies, today announced that on May 8, 2023, it voluntarily initiated a Chapter 11 proceeding in the United States Bankruptcy Court for the Eastern District of Missouri Eastern Division.
-
NFI Announces Comprehensive Refinancing Plan that includes Credit Approved, Amended Three-Year Senior Credit Facilities, a $150 million Equity Issuance, and a $200 to $250 million Second Lien Debt Financing
May 11, 2023The Bank of Nova Scotia is the Administrative Agent for the North American Facility, and The Bank of Nova Scotia, BMO Capital Markets, and National Bank Financial Inc. are the Joint Bookrunners.
-
J.Jill, Inc. Completes Refinancing of ABL Credit Facility
May 11, 2023The new facility comes in the form of the sixth amendment to the ABL Credit Agreement with CIT, a division of First Citizens Bank, as the administrative and collateral agent. The facility is comprised of a $40 million revolving credit facility maturing in May 2028.
-
Gridiron Capital Announces the Acquisition of CURREX by Foundation Wellness
May 11, 2023CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user’s specific needs. Founded in Hamburg, Germany in 2000, their products are trusted by professional athletes and coaches worldwide to improve performance, reduce injury risk, and enhance foot comfort.
-
Pinnacle Capital Finance Provides a $2 Million Line of Credit to a California Building Restoration Company
May 11, 2023Pinnacle Capital Finance is proud to announce the issuance of a $2MM AR line of credit to a Central California based building restoration business. The company provides critical emergency repair, remediation and restoration services throughout the Sacramento and San Joaquin Valleys.
-
McGuireWoods Boosts Debt Finance, Private Equity Capabilities With Dayan Rosen
May 11, 2023Dayan Rosen, a skilled deal lawyer with experience advising lenders and private equity clients in acquisition financings, has joined McGuireWoods as a partner in downtown Los Angeles.
-
Associated Bank Welcomes Nicolas Goehring to its Equipment Finance Team in Minneapolis
May 11, 2023Nicolas “Nick” Goehring has joined Associated Bank as senior vice president & portfolio manager lead, corporate banking. He is responsible for the administration and risk management of client relationships, as well as the credit risk and quality of the overall equipment finance portfolio.
-
Lendbuzz Partners with RBC and Expands Warehouse Facility by $125 Million
May 11, 2023The expansion increases the company’s capacity and ability to grow the number of borrowers its proprietary, AI based auto finance platform serves.
-
Symbiont.io Pursues Sale of Assets
May 11, 2023Symbiont.io, a technology pioneer solving complex global finance problems using enterprise blockchain solutions that was formed in 2013, announced the company is soliciting offers for a sale of its assets.
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