Keltbray Holdings Limited has announced that it has agreed a new £33 million Credit Facility with its principal bankers, Santander UK Ltd, for a three year-term. The facility provides the business with committed bank financing, underpinning the Group’s 2022 year-end liquidity position of £44.1 million, supporting its continued growth strategy.

Geneva-based energy trader Gunvor Group on Wednesday said it has renewed a $1.565 billion loan facility to support the working capital needs of its liquefied natural gas (LNG) activities globally.

Armory Securities, LLC is pleased to announce that Universal Gaming Group has secured a new senior secured credit facility. Armory served as exclusive financial advisor and placement agent to Universal Gaming Group for the transaction. Following a competitive proposal process, Universal Gaming Group (“Universal Gaming”) entered into a new credit facility with a leading global private capital provider.

B. Riley Securities, Inc., a leading full-service investment bank, was pleased to serve as exclusive financial advisor to Evans Manufacturing, a leading supplier to the promotional products industry, in connection with its acquisition by HPG. The partnership brings new North American manufacturing capabilities into the HPG portfolio, with the addition of Evans’ facilities in Southern California and Nogales, Mexico.

Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of The Omerta Group by Kingsley Gate Partners, an existing portfolio company of Crescent Cove Private Equity.

FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a CAD 25 million secured credit facility with Mara Technologies Inc. and Mara Technologies USA Inc. (“Mara”), a manufacturer of electronic boards and assemblies focused in infrastructure, broad band communications and power management systems. Mara is a subsidiary of the Invotek Group, a global leader in electronics manufacturing services based in Markham, Ontario.

Bed Bath & Beyond Inc. has brought on turnaround consultant AlixPartners as its new restructuring adviser as the troubled home goods retailer prepares for a likely bankruptcy, according to sources familiar with the matter. The company has also been working with law firm Kirkland & Ellis LLP and investment banker Lazard Ltd. on restructuring efforts and last week said it is considering all options, including a bankruptcy filing, to battle its declining cash and dropping revenue.

KKR, a leading global investment firm, and Altavair L.P., a leader in commercial aviation finance, today announced that KKR is making an additional $1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come from KKR’s credit and infrastructure funds.

Alleon Healthcare Capital (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $7,000,000 medical accounts receivable financing facility with a behavioral therapy treatment center based in Florida (“Company”).

Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of ITK Solutions Group LLC (“ITK”) by Argano, an existing portfolio company of Trinity Hunt Partners.

Golub Capital BDC, Inc. ("GBDC") (Nasdaq: GBDC, www.golubcapitalbdc.com), a business development company, today announced that it originated $247.0 million in new middle-market investment commitments during the three months ended December 31, 2022. Approximately 93% of the new middle-market investment commitments were one stop loans, 3% were senior secured loans and 4% were equity and other securities. Of the new middle-market investment commitments, $216.5 million funded at close.

Antares Capital (“Antares”) announced today that Seth Katzenstein has joined the firm as Managing Director and Head of Broadly Syndicated Loans to build the firm’s broadly syndicated loan (“BSL”) business. Mr. Katzenstein will be based in New York and report to Vivek Mathew, Head of Asset Management.

Cresset Partners has launched the Cresset Partners Private Credit Fund, LLC (the "Fund"). The Fund invests in a diversified portfolio of private senior secured loans, among other private credit opportunities, with the objective of delivering consistent income and strong downside management.

In the United Kingdom – AlixPartners’s largest office in Europe – four members have been promoted to partner & managing director: Anna Del Mar, Clive de Silva, Steve Braude, and Peter Oppitzhauser. Meanwhile, Marcello Bellitto and Tim Thiele have been admitted into the rank in Italy and Germany, respectively. “Each of our new leaders has delivered an exceptional impact and contribution to our clients and the firm. I wish them every success in this new chapter of their careers at AlixPartners,” said Simon Freakley, CEO of AlixPartners.

Citizens’ 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year. The annual survey of 400 leaders at U.S. middle-market companies and private equity firms also indicated that buyer and seller sentiment about mergers and acquisitions will return to pre-pandemic norms as the macroeconomic backdrop stabilizes.

Spouting Rock Asset Management, LLC (Spouting Rock), a multi-boutique manager platform providing investment solutions and services, today announced it has entered into a definitive agreement to acquire a majority position of Reinhart Partners, Inc. (Reinhart), in a multi-step transaction over a period of two years. Reinhart is an investment management firm that services institutions and high-net-worth individuals.

Columbia Banking System, Inc. ("Columbia") (NASDAQ: COLB), the parent company of Columbia Bank, and Umpqua Holdings Corporation ("Umpqua") (NASDAQ: UMPQ), the parent company of Umpqua Bank, jointly announced that the Federal Deposit Insurance Corporation (the "FDIC") has approved the previously announced combination of the two companies. The FDIC approval was the final outstanding regulatory approval necessary to complete the combination.

Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing and an equity co-investment to support QHP Capital, L.P.’s (“QHP”) investment in COPILOT Provider Support Services, LLC (“COPILOT” or the “Company”).

SLR Healthcare ABL is pleased to announce that it has provided a $4 million asset-based revolving line of credit to a skilled nursing facility in December 2022.

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged recapitalization of ROX360 by Fort Point Capital. Additionally, Abacus made an equity co-investment in ROX360.