-
Prestige Capital Extends a $10,000,000 AR Finance Facility for Southeast Call Center Committed to Maintaining a Human Touch
March 1, 2023A Southeast-based subsidiary of a European holding company was introduced to Prestige by one of its premier referral sources seeking a solution to expand its call center operations and repay some of its intracompany advances. Within two weeks of signing the proposal letter, Prestige underwrote and closed the deal, enabling the company to expand its call center operations in the US and obtain additional funds to smooth out its cash flow needs.
-
United Capital Funding and KLC Financial Provide Equipment Finance and AR Facility to Commercial Printing Company
March 1, 2023United Capital Funding Group LLC, a Florida-based factoring firm with offices in Tennessee recently provided a $3 million accounts receivable facility to a Tennessee-based commercial printing company in partnership with KLC Financial, a Minnesota-based equipment finance firm, to issue an equipment loan. This was secured after the company was denied an increase in its SBA-guaranteed bank line of credit.
-
Cambridge Savings Bank Extends $10 Million in Financing to American Gas Products to Support Rapid Growth
March 1, 2023Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier. The capital will help finance new equipment, leasehold improvements at AGP’s new headquarters, and refinance existing debt.
-
Forever Starts With the First 125 Years: First Citizens Bank Celebrates Milestone Anniversary
March 1, 2023On March 1, First Citizens Bank celebrates its 125th year of delivering long-term value and excellent service to clients and strong results to shareholders. First Citizens is recognizing this significant service milestone with a celebration throughout the year highlighting core principles that have fostered success for the bank and its customers alike.
-
Theratechnologies Announces Amendment to its Term Loan Facility With Affiliates of Marathon Asset Management
March 1, 2023Theratechnologies Inc. (“Theratechnologies”, the “Company”, or “we”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has entered into a first amendment to its credit agreement dated July 20, 2022 (the “Credit Facility”) with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).
-
KKR Completes Acquisition of Hitachi Transport System
March 1, 2023Global investment firm KKR announced today that KKR has completed KKR’s acquisition of Hitachi Transport System Ltd. (“HTS” or the “Company”). KKR holds the shares of HTS through HTSK Co., Ltd. (“HTSK”), a special purpose entity which owns 100% of the shares with voting rights in HTS, and through HTSK Holdings Co., Ltd. (“HTSK Holdings”), a 100% parent and holding company of HTSK. KKR will work in strategic partnership with Hitachi Ltd. (“Hitachi”), which owns 10% of the shares with voting rights in HTSK Holdings and KKR owns the remaining 90% of the shares with voting rights.
-
U.S. Bank to Offer CLO Clients Tailored Portfolio Optimization Capabilities for More Streamlined and Effective Trade Structuring
March 1, 2023U.S. Bank announced today that it has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client, Pivot Portfolio Optimization sorts through tens of thousands of potential portfolio combinations to identify a combination of investments that best advance the client’s stated objective – typically, maximizing the weighted average spread of the CLO.
-
Getzler Henrich & Associates Names Robert Gorin Leader of Consumer Products Practice
March 1, 2023Robert Gorin has been named the Consumer Products Practice Leader of Getzler Henrich & Associates LLC (getzlerhenrich.com), one of the nation’s oldest and respected middle-market corporate restructurings and operations improvement firms. A Managing Director at Getzler Henrich since 2014, Mr. Gorin has more than 30 years of client-centric focus to business strategy and operations through his work in corporate turnarounds, process design and improvement, corporate mergers and acquisitions, and management consulting.
-
Carnival Corporation & plc Announces Arrangement of New Forward Starting $2.1 Billion Revolving Credit Facility
March 1, 2023Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) (the "Company") today announced that it has successfully arranged a new forward starting $2.1 billion multi-currency revolving credit facility (the "New Revolver"). The New Revolver will replace Carnival Corporation's existing multi-currency revolving credit facility (the "Existing Revolver") upon its maturity in August 2024.
-
Chicago Atlantic Real Estate Finance Amends its Revolving Credit Facility to Extend Maturity to December 2024
February 28, 2023Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial real estate finance company, today announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into the First Amendment to the Third Amended and Restated Loan and Security Agreement by and among Chicago Atlantic Lincoln and six FDIC-insured financial institutions to extend the maturity of its $92.5 million secured revolving credit facility
-
NioCorp Expands Existing Non-Revolving Credit Facility to US$4 Million
February 28, 2023NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$4 million from the previous limit of US$3.5 million.
-
AmeriFactors Provides Funding to Companies Experiencing Rapid Growth
February 28, 2023AmeriFactors Financial Group, LLC. recently provided funding to one of their return clients for a new start-up company. The business owners came back to AmeriFactors for a third time to help fund their third successful business.
-
Anthony Lavinio Joins Eclipse Business Capital, LLC’s Underwriting Team as a Managing Director
February 28, 2023Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Anthony Lavinio has joined its underwriting team as a Managing Director. Mr. Lavinio is an asset-based lending professional with over 25 years of experience in underwriting, portfolio management, and new business originations at non-bank private debt funds.
-
Celtic Capital Corporation Provides Financing for Specialty Chemicals Producer
February 28, 2023The company needed to replace an existing bank line so approached Celtic Capital for a $750,000 accounts receivable line of credit and a $150,000 inventory line of credit to replace the bank financing and provide working capital to help them effectuate their turnaround plan. Celtic Capital provided the requested financing and the company is off and running on their plan.
-
ProFrac Holding Corp. Completes Acquisition of Performance Proppants and Upsize of ABL Credit Facility
February 28, 2023ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it has successfully completed its acquisition of Performance Proppants, making it the largest in-basin proppant producer serving the Haynesville. ProFrac acquired Performance Proppants for approximately $475 million, consisting of $469 million in cash and the remainder in shares of ProFrac Class A common stock.
-
CVC Credit Successfully Prices First new CLO of 2023
February 28, 2023CVC Credit is pleased to announce that it has priced Apidos XLIII (43), a Collateralized Loan Obligation (“CLO”) fund totalling c.$500m (c.€ 470m), arranged by Deutsche Bank. Apidos XLIII is the first new CLO priced by CVC Credit’s transatlantic performing credit platform this year and will increase CVC Credit’s global AUM to over $38 billion (€36 billion).
-
Octaura Hires Howard Cohen as Head of Loan Execution
February 28, 2023Octaura, the electronic trading platform for syndicated loans, today announced the appointment of Howard Cohen as Head of Loan Execution. In this role, Mr. Cohen will be responsible for leading the platform's growth and integration strategies and is a member of the Octaura leadership team.
-
Houlihan Lokey Expands Its M&A Tax Advisory Capabilities With Senior Hire
February 28, 2023Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Andrew Ziegler has joined the firm’s Transaction Advisory Services team as a Managing Director. Mr. Ziegler is based in New York and will assist the firm’s corporate and financial sponsor clients on a range of domestic and cross-border M&A tax matters.
-
BlueCove and Ares Management Announce Strategic Partnership
February 28, 2023BlueCove Limited ("BlueCove”), the London-based scientific fixed income manager, and Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that they have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with the option to acquire control of the business over a multi-year term.
-
BHI Refinances $30 Million Loan for a Senior Living Facility in Davie, Florida
February 28, 2023BHI, a full-service commercial bank, announced that it has closed the refinancing of a $30 million loan for a senior living facility with 199 beds in Davie, Florida. The borrower is Royal Senior Care, which owns and operates senior living facilities in the Southeastern United States with a primary focus in South Florida.
-
Prestige Capital Extends a $10,000,000 AR Finance Facility for Southeast Call Center Committed to Maintaining a Human Touch
March 1, 2023A Southeast-based subsidiary of a European holding company was introduced to Prestige by one of its premier referral sources seeking a solution to expand its call center operations and repay some of its intracompany advances. Within two weeks of signing the proposal letter, Prestige underwrote and closed the deal, enabling the company to expand its call center operations in the US and obtain additional funds to smooth out its cash flow needs.
-
United Capital Funding and KLC Financial Provide Equipment Finance and AR Facility to Commercial Printing Company
March 1, 2023United Capital Funding Group LLC, a Florida-based factoring firm with offices in Tennessee recently provided a $3 million accounts receivable facility to a Tennessee-based commercial printing company in partnership with KLC Financial, a Minnesota-based equipment finance firm, to issue an equipment loan. This was secured after the company was denied an increase in its SBA-guaranteed bank line of credit.
-
Cambridge Savings Bank Extends $10 Million in Financing to American Gas Products to Support Rapid Growth
March 1, 2023Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided $10 million in financing to American Gas Products (AGP), a full-service national industrial and specialty gas supplier. The capital will help finance new equipment, leasehold improvements at AGP’s new headquarters, and refinance existing debt.
-
Forever Starts With the First 125 Years: First Citizens Bank Celebrates Milestone Anniversary
March 1, 2023On March 1, First Citizens Bank celebrates its 125th year of delivering long-term value and excellent service to clients and strong results to shareholders. First Citizens is recognizing this significant service milestone with a celebration throughout the year highlighting core principles that have fostered success for the bank and its customers alike.
-
Theratechnologies Announces Amendment to its Term Loan Facility With Affiliates of Marathon Asset Management
March 1, 2023Theratechnologies Inc. (“Theratechnologies”, the “Company”, or “we”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has entered into a first amendment to its credit agreement dated July 20, 2022 (the “Credit Facility”) with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).
-
KKR Completes Acquisition of Hitachi Transport System
March 1, 2023Global investment firm KKR announced today that KKR has completed KKR’s acquisition of Hitachi Transport System Ltd. (“HTS” or the “Company”). KKR holds the shares of HTS through HTSK Co., Ltd. (“HTSK”), a special purpose entity which owns 100% of the shares with voting rights in HTS, and through HTSK Holdings Co., Ltd. (“HTSK Holdings”), a 100% parent and holding company of HTSK. KKR will work in strategic partnership with Hitachi Ltd. (“Hitachi”), which owns 10% of the shares with voting rights in HTSK Holdings and KKR owns the remaining 90% of the shares with voting rights.
-
U.S. Bank to Offer CLO Clients Tailored Portfolio Optimization Capabilities for More Streamlined and Effective Trade Structuring
March 1, 2023U.S. Bank announced today that it has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client, Pivot Portfolio Optimization sorts through tens of thousands of potential portfolio combinations to identify a combination of investments that best advance the client’s stated objective – typically, maximizing the weighted average spread of the CLO.
-
Getzler Henrich & Associates Names Robert Gorin Leader of Consumer Products Practice
March 1, 2023Robert Gorin has been named the Consumer Products Practice Leader of Getzler Henrich & Associates LLC (getzlerhenrich.com), one of the nation’s oldest and respected middle-market corporate restructurings and operations improvement firms. A Managing Director at Getzler Henrich since 2014, Mr. Gorin has more than 30 years of client-centric focus to business strategy and operations through his work in corporate turnarounds, process design and improvement, corporate mergers and acquisitions, and management consulting.
-
Carnival Corporation & plc Announces Arrangement of New Forward Starting $2.1 Billion Revolving Credit Facility
March 1, 2023Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) (the "Company") today announced that it has successfully arranged a new forward starting $2.1 billion multi-currency revolving credit facility (the "New Revolver"). The New Revolver will replace Carnival Corporation's existing multi-currency revolving credit facility (the "Existing Revolver") upon its maturity in August 2024.
-
Chicago Atlantic Real Estate Finance Amends its Revolving Credit Facility to Extend Maturity to December 2024
February 28, 2023Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial real estate finance company, today announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, entered into the First Amendment to the Third Amended and Restated Loan and Security Agreement by and among Chicago Atlantic Lincoln and six FDIC-insured financial institutions to extend the maturity of its $92.5 million secured revolving credit facility
-
NioCorp Expands Existing Non-Revolving Credit Facility to US$4 Million
February 28, 2023NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB; OTCQX: NIOBF) is pleased to announce that it has expanded its existing non-revolving credit facility between the Company and its Executive Chairman, Mark Smith, to US$4 million from the previous limit of US$3.5 million.
-
AmeriFactors Provides Funding to Companies Experiencing Rapid Growth
February 28, 2023AmeriFactors Financial Group, LLC. recently provided funding to one of their return clients for a new start-up company. The business owners came back to AmeriFactors for a third time to help fund their third successful business.
-
Anthony Lavinio Joins Eclipse Business Capital, LLC’s Underwriting Team as a Managing Director
February 28, 2023Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Anthony Lavinio has joined its underwriting team as a Managing Director. Mr. Lavinio is an asset-based lending professional with over 25 years of experience in underwriting, portfolio management, and new business originations at non-bank private debt funds.
-
Celtic Capital Corporation Provides Financing for Specialty Chemicals Producer
February 28, 2023The company needed to replace an existing bank line so approached Celtic Capital for a $750,000 accounts receivable line of credit and a $150,000 inventory line of credit to replace the bank financing and provide working capital to help them effectuate their turnaround plan. Celtic Capital provided the requested financing and the company is off and running on their plan.
-
ProFrac Holding Corp. Completes Acquisition of Performance Proppants and Upsize of ABL Credit Facility
February 28, 2023ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it has successfully completed its acquisition of Performance Proppants, making it the largest in-basin proppant producer serving the Haynesville. ProFrac acquired Performance Proppants for approximately $475 million, consisting of $469 million in cash and the remainder in shares of ProFrac Class A common stock.
-
CVC Credit Successfully Prices First new CLO of 2023
February 28, 2023CVC Credit is pleased to announce that it has priced Apidos XLIII (43), a Collateralized Loan Obligation (“CLO”) fund totalling c.$500m (c.€ 470m), arranged by Deutsche Bank. Apidos XLIII is the first new CLO priced by CVC Credit’s transatlantic performing credit platform this year and will increase CVC Credit’s global AUM to over $38 billion (€36 billion).
-
Octaura Hires Howard Cohen as Head of Loan Execution
February 28, 2023Octaura, the electronic trading platform for syndicated loans, today announced the appointment of Howard Cohen as Head of Loan Execution. In this role, Mr. Cohen will be responsible for leading the platform's growth and integration strategies and is a member of the Octaura leadership team.
-
Houlihan Lokey Expands Its M&A Tax Advisory Capabilities With Senior Hire
February 28, 2023Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Andrew Ziegler has joined the firm’s Transaction Advisory Services team as a Managing Director. Mr. Ziegler is based in New York and will assist the firm’s corporate and financial sponsor clients on a range of domestic and cross-border M&A tax matters.
-
BlueCove and Ares Management Announce Strategic Partnership
February 28, 2023BlueCove Limited ("BlueCove”), the London-based scientific fixed income manager, and Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that they have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with the option to acquire control of the business over a multi-year term.
-
BHI Refinances $30 Million Loan for a Senior Living Facility in Davie, Florida
February 28, 2023BHI, a full-service commercial bank, announced that it has closed the refinancing of a $30 million loan for a senior living facility with 199 beds in Davie, Florida. The borrower is Royal Senior Care, which owns and operates senior living facilities in the Southeastern United States with a primary focus in South Florida.
© 2025 Secured Finance Network


.jpg?sfvrsn=f1093d2a_0)
