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Home > Chapters > Canada > News Detail
  • Natixis Corporate & Investment Banking Leads Financing for US$364 Million Portfolio of PV Projects in Chile
    June 1, 2023
    The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a US$ 75 million mezzanine facility, Sole Lead Arranger for a US$55 million PMGD bridge-loan facility, co-Lead Arranger for a US$19 million LC Facility, as well as co-Global Coordinator Placement Agent and Green Issuance Coordinator for a US$178 million private placement. A $37 million bridge loan was separately provided.
  • Gateway Trade Funding Completes 12 Transactions Totaling More Than $4,700,000
    May 31, 2023
    Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
  • Celtic Capital Corporation Provides Funding for a California-based Manufacturer of Tortillas, Wraps and Flat Bread
    May 31, 2023
    He was looking for working capital to fund that growth and Celtic Capital provided a $1,500,000 accounts receivable line of credit and a $738,000 equipment loan to meet the Company’s working capital needs.
  • SVP Managing Director of Oxford Commercial Finance Robyn Barrett Named Board President of American Factoring Association (AFA)
    May 31, 2023
    Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing its Senior Vice President and Managing Director, Robyn Barrett, has been named incoming president of the American Factoring Association (AFA) for a two-year term.
  • Areté Capital Partners Expands Unique Restructuring Approach to Midwest Companies in Distress
    May 31, 2023
    Areté Capital Partners, a boutique, special-situation advisory and capital firm, is pleased to announce the addition of Managing Director Stuart Kaufman. Based out of Chicago, Illinois, Kaufman will enable Areté to expand its services and mission of bringing empathy to the restructuring industry to help successfully navigate more customers through the often painful and difficult process.
  • Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project
    May 30, 2023
    The debt financing will be used to fund the majority of the Company’s proposed first commercial project, the Lanxess 1A Project, located near El Dorado in southern Arkansas. BNP Paribas is a global leader in the financial advisory and project financing role for battery and critical mineral projects.
  • Wildpack Closes US$25 Million Convertible Loan with Sandton Capital Partners and Provides MCTO Update
    May 30, 2023
    Wildpack Beverage Inc. today announces the closing of its previously announced non-revolving term credit facility in the principal amount of USD$25,000,000 pursuant to an amended and restated loan agreement among Sandton Credit Solutions Master Fund V, LP, an affiliate of Sandton Capital Partners, L.P. and the Company's wholly-owned subsidiaries, Thirsty Cat, LLC, Hungry Hippo Company, Wildpack Holdings U.S. Inc., K.T. Murray Corporation, CraftPac LLC, Wild Leaf Holdings U.S. LLC, Vertical Distilling LLC and Wild Leaf Ventures Group Nevada Inc., as borrowers.
  • Peoples Bancorp Inc. Elects New Director
    May 30, 2023
    Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced that W. Glenn Hogan has been elected to the Peoples Board of Directors. He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank. Mr. Hogan, 61, formerly served as Chairman of the Board of Directors of Limestone Bancorp, Inc. ("Limestone") until Limestone was acquired by Peoples on April 30, 2023. He was a member of the Board of Directors of Limestone since 2006.
  • Lazard Appoints Peter R. Orszag as CEO and Kenneth M. Jacobs as Executive Chairman
    May 30, 2023
    Lazard Ltd (NYSE: LAZ) today announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients on strategic financial matters. These changes will take effect October 1, 2023.
  • Sierra Metals Announces Completion of Refinancing Agreement With Major Lenders
    May 30, 2023
    Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement (the “Agreement”) with Banco de Credito del Peru and Banco Santander S.A. (together, the “Lenders”) to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under the Company’s senior secured credit facility.
  • Entrepreneur Growth Capital LLC Provides $1,000,000 Line of Credit to West Coast Distributor
    May 30, 2023
    Entrepreneur Growth Capital LLC (“EGC”) is pleased to announce the closing of a $1 million asset-based facility for a wholesale distributor of horticultural products. The facility provides availability against both accounts receivable and inventory.
  • TTM Announces Closing of New Term Loan Facility and New U.S. ABL Facility
    May 30, 2023
    The New Term Loan Facility was entered into with J.P. Morgan acting as administrative agent and joint lead arranger. Other joint lead arrangers for the New Term Loan Facility were BofA Securities, Inc., Barclays Bank PLC, Truist Securities, Inc. and HSBC Securities (USA) Inc. The New U.S. ABL Facility was entered into with J.P. Morgan acting as administrative agent.
  • Iron Horse Credit Provides a $1 Million Inventory Line of Credit to a Georgia-based Marble and Granite Slab Distributor
    May 30, 2023
    Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,000,000 stand-alone inventory revolving line of credit to a Georgia based Marble and Granite Slab Distributor.
  • Genesis Electronics Group Announces Execution of Credit Facility with 40 Brightwater
    May 30, 2023
    Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology, Glīd, announced that it has executed loan agreements for a credit facility with 40 Brightwater, LLC, to borrow up to $750,000.
  • RecNation Announces the Largest Dedicated Debt Facility for RV & Boat Storage in the Country
    May 30, 2023
    The facility which was led by Truist Securities was expanded and upsized to include seven additional banks including: Goldman Sachs, Morgan Stanley, RBC Bank, Raymond James, Key Bank, TBK Bank as well as Citizens Bank.
  • WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President
    May 30, 2023
    WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker.
  • FuelCell Energy Secures $87MM in Project Financing
    May 30, 2023
    The multi-bank term facility includes Investec Bank plc as Coordinating Lead Arranger and Sole Bookrunner, Bank of Montreal as Mandated Lead Arranger, together with Liberty Bank as Depositary Agent and Lender along with Connecticut Green Bank and Amalgamated Bank as lenders.
  • Sabre Corporation Announces Commitment of a $665 Million Private Financing and Cash Tender Offers by Sabre GLBL Inc. for Existing Secured Debt
    May 30, 2023
    Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has entered into a commitment letter with lenders (together, the "Lenders") led by affiliates of Centerbridge Partners, L.P. for a $665 million new senior secured credit facility (the "New Facility") to Sabre Financial Borrower, LLC (the "Borrower"), a newly created wholly-owned subsidiary of Sabre GLBL.
  • River City Bank Adds Former Umpqua Regional Director Rebecca Fabisch Miller as EVP, Commercial Banking Director
    May 30, 2023
    River City Bank has announced Rebecca Fabisch Miller as Executive Vice President, Commercial Banking Director. In this role, Fabisch Miller will focus on providing services to the Bank’s middle-market commercial clients. She will lead the Bank’s commercial banking team in expanding and enhancing RCB’s commercial deposit and lending presence throughout California.
  • SFNet Successful In Getting Carve Out for ABL and Factoring in Connecticut
    May 30, 2023
    The Connecticut senate adopted an amended financial disclosure bill, which applies now only to sales-based financing, and the bill will now be referred to the Appropriations Committee.
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  • 550 (current)
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  • Natixis Corporate & Investment Banking Leads Financing for US$364 Million Portfolio of PV Projects in Chile
    June 1, 2023
    The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a US$ 75 million mezzanine facility, Sole Lead Arranger for a US$55 million PMGD bridge-loan facility, co-Lead Arranger for a US$19 million LC Facility, as well as co-Global Coordinator Placement Agent and Green Issuance Coordinator for a US$178 million private placement. A $37 million bridge loan was separately provided.
  • Gateway Trade Funding Completes 12 Transactions Totaling More Than $4,700,000
    May 31, 2023
    Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions:
  • Celtic Capital Corporation Provides Funding for a California-based Manufacturer of Tortillas, Wraps and Flat Bread
    May 31, 2023
    He was looking for working capital to fund that growth and Celtic Capital provided a $1,500,000 accounts receivable line of credit and a $738,000 equipment loan to meet the Company’s working capital needs.
  • SVP Managing Director of Oxford Commercial Finance Robyn Barrett Named Board President of American Factoring Association (AFA)
    May 31, 2023
    Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing its Senior Vice President and Managing Director, Robyn Barrett, has been named incoming president of the American Factoring Association (AFA) for a two-year term.
  • Areté Capital Partners Expands Unique Restructuring Approach to Midwest Companies in Distress
    May 31, 2023
    Areté Capital Partners, a boutique, special-situation advisory and capital firm, is pleased to announce the addition of Managing Director Stuart Kaufman. Based out of Chicago, Illinois, Kaufman will enable Areté to expand its services and mission of bringing empathy to the restructuring industry to help successfully navigate more customers through the often painful and difficult process.
  • Standard Lithium Retains BNP Paribas to Lead Debt Advisory Services for First Commercial Project
    May 30, 2023
    The debt financing will be used to fund the majority of the Company’s proposed first commercial project, the Lanxess 1A Project, located near El Dorado in southern Arkansas. BNP Paribas is a global leader in the financial advisory and project financing role for battery and critical mineral projects.
  • Wildpack Closes US$25 Million Convertible Loan with Sandton Capital Partners and Provides MCTO Update
    May 30, 2023
    Wildpack Beverage Inc. today announces the closing of its previously announced non-revolving term credit facility in the principal amount of USD$25,000,000 pursuant to an amended and restated loan agreement among Sandton Credit Solutions Master Fund V, LP, an affiliate of Sandton Capital Partners, L.P. and the Company's wholly-owned subsidiaries, Thirsty Cat, LLC, Hungry Hippo Company, Wildpack Holdings U.S. Inc., K.T. Murray Corporation, CraftPac LLC, Wild Leaf Holdings U.S. LLC, Vertical Distilling LLC and Wild Leaf Ventures Group Nevada Inc., as borrowers.
  • Peoples Bancorp Inc. Elects New Director
    May 30, 2023
    Peoples Bancorp Inc. ("Peoples") (Nasdaq: PEBO) today announced that W. Glenn Hogan has been elected to the Peoples Board of Directors. He also joined the Board of Directors of Peoples' banking subsidiary, Peoples Bank. Mr. Hogan, 61, formerly served as Chairman of the Board of Directors of Limestone Bancorp, Inc. ("Limestone") until Limestone was acquired by Peoples on April 30, 2023. He was a member of the Board of Directors of Limestone since 2006.
  • Lazard Appoints Peter R. Orszag as CEO and Kenneth M. Jacobs as Executive Chairman
    May 30, 2023
    Lazard Ltd (NYSE: LAZ) today announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients on strategic financial matters. These changes will take effect October 1, 2023.
  • Sierra Metals Announces Completion of Refinancing Agreement With Major Lenders
    May 30, 2023
    Sierra Metals Inc. (TSX: SMT) (“Sierra Metals” or the “Company”) announces that, in connection with the press release dated March 13th 2023, it has finalized the definitive agreement (the “Agreement”) with Banco de Credito del Peru and Banco Santander S.A. (together, the “Lenders”) to refinance $18.75 million out of the $25.00 million principal debt repayment obligations that were originally due in 2023 under the Company’s senior secured credit facility.
  • Entrepreneur Growth Capital LLC Provides $1,000,000 Line of Credit to West Coast Distributor
    May 30, 2023
    Entrepreneur Growth Capital LLC (“EGC”) is pleased to announce the closing of a $1 million asset-based facility for a wholesale distributor of horticultural products. The facility provides availability against both accounts receivable and inventory.
  • TTM Announces Closing of New Term Loan Facility and New U.S. ABL Facility
    May 30, 2023
    The New Term Loan Facility was entered into with J.P. Morgan acting as administrative agent and joint lead arranger. Other joint lead arrangers for the New Term Loan Facility were BofA Securities, Inc., Barclays Bank PLC, Truist Securities, Inc. and HSBC Securities (USA) Inc. The New U.S. ABL Facility was entered into with J.P. Morgan acting as administrative agent.
  • Iron Horse Credit Provides a $1 Million Inventory Line of Credit to a Georgia-based Marble and Granite Slab Distributor
    May 30, 2023
    Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,000,000 stand-alone inventory revolving line of credit to a Georgia based Marble and Granite Slab Distributor.
  • Genesis Electronics Group Announces Execution of Credit Facility with 40 Brightwater
    May 30, 2023
    Genesis Electronics Group, Inc. (GEGI), the maker of the autonomous road-to-rail patent-pending shipping technology, Glīd, announced that it has executed loan agreements for a credit facility with 40 Brightwater, LLC, to borrow up to $750,000.
  • RecNation Announces the Largest Dedicated Debt Facility for RV & Boat Storage in the Country
    May 30, 2023
    The facility which was led by Truist Securities was expanded and upsized to include seven additional banks including: Goldman Sachs, Morgan Stanley, RBC Bank, Raymond James, Key Bank, TBK Bank as well as Citizens Bank.
  • WesBanco Bank Appoints David Klick as Upper Ohio Valley Market President
    May 30, 2023
    WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has promoted David Klick to the role of Upper Ohio Valley (UOV) Market President and Senior Commercial Banker.
  • FuelCell Energy Secures $87MM in Project Financing
    May 30, 2023
    The multi-bank term facility includes Investec Bank plc as Coordinating Lead Arranger and Sole Bookrunner, Bank of Montreal as Mandated Lead Arranger, together with Liberty Bank as Depositary Agent and Lender along with Connecticut Green Bank and Amalgamated Bank as lenders.
  • Sabre Corporation Announces Commitment of a $665 Million Private Financing and Cash Tender Offers by Sabre GLBL Inc. for Existing Secured Debt
    May 30, 2023
    Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, has entered into a commitment letter with lenders (together, the "Lenders") led by affiliates of Centerbridge Partners, L.P. for a $665 million new senior secured credit facility (the "New Facility") to Sabre Financial Borrower, LLC (the "Borrower"), a newly created wholly-owned subsidiary of Sabre GLBL.
  • River City Bank Adds Former Umpqua Regional Director Rebecca Fabisch Miller as EVP, Commercial Banking Director
    May 30, 2023
    River City Bank has announced Rebecca Fabisch Miller as Executive Vice President, Commercial Banking Director. In this role, Fabisch Miller will focus on providing services to the Bank’s middle-market commercial clients. She will lead the Bank’s commercial banking team in expanding and enhancing RCB’s commercial deposit and lending presence throughout California.
  • SFNet Successful In Getting Carve Out for ABL and Factoring in Connecticut
    May 30, 2023
    The Connecticut senate adopted an amended financial disclosure bill, which applies now only to sales-based financing, and the bill will now be referred to the Appropriations Committee.
  • «
  • 541
  • 542
  • 543
  • 544
  • 545
  • 546
  • 547
  • 548
  • 549
  • 550 (current)
  • »
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