The Leading Coffee, Tea, Flavors, Extracts, and Ingredients Solutions Provider Raises Approximately $300 Million of Equity Capital and Accesses $350 Million of Debt Capital. Westrock Coffee Company Common Stock Lists Today on the Nasdaq Under the Symbol “WEST”. Westrock Coffee Company (f/k/a Westrock Coffee Holdings, LLC) (Nasdaq: WEST) (“Westrock Coffee,” or “the Company”) today announced the closing of its business combination transaction (the “Transaction”) with Riverview Acquisition Corp. (Nasdaq: RVAC) (“RVAC” or “Riverview”). In connection with the closing of the Transaction, Westrock Coffee Holdings, LLC converted from a Delaware limited liability company to a Delaware corporation and changed its name to Westrock Coffee Company. Beginning today, the Company’s common stock and certain warrants to purchase shares of common stock will begin trading on the Nasdaq under the ticker symbols “WEST” and “WESTW,” respectively. In addition, the Company announced that it entered into a new credit agreement (the “Credit Agreement”) that includes a $175 million senior secured first lien term loan facility and a $175 million senior secured first lien revolving credit facility. Proceeds from the Transaction and Credit Agreement will be used to re-pay existing indebtedness and fund the Company’s organic and strategic growth initiatives.

Position underscores company’s commitment to technology, innovation, and building for the future. Provident Bank, a leading New Jersey-based financial institution, is pleased to announce that Ravi Vakacherla has joined the organization as Executive Vice President, Chief Digital and Innovation Officer. This position redefines the Chief Information Officer role and underscores the company’s commitment to technology, innovation, and building for the future.

Longbow Solar will deliver clean power to Brazoria County, promoting economic growth and a healthy environment. Monarch Private Capital, a nationally recognized ESG investment firm that develops, finances and manages a diversified portfolio of projects that generate both federal and state tax credits, is pleased to announce the financial closing of a tax equity investment in the 113 MW Longbow Solar project located in Brazoria County, Texas, within the desirable ERCOT Houston Zone. The $160 million renewable energy facility will generate clean power, stimulate the local economy and stabilize energy costs for area residents and businesses.

LPL Financial LLC today announced that the retail brokerage and advisory business of People’s United Bank (“People’s United”) has joined LPL’s Institution Services platform. M&T Bank, which leverages LPL’s Institution Services platform to support its retail advisory and brokerage business, completed its previously announced merger with People's United Financial, Inc., on April 1, 2022. On August 22, ~$2.6 billion of client assets were onboarded to LPL, including ~$2.4 billion of brokerage assets and ~$0.2 billion of advisory assets. The remaining ~$1.8 billion of assets are expected to onboard over the next several months.

Carestream Health has filed for bankruptcy. The former Kodak Health unit expects to continue operations through the court-supervised Chapter 11 process. “We are commencing the final stage of our recapitalization process, which will significantly enhance our ability to navigate a dynamic market,” said David Westgate, chairman, president and CEO of Carestream, in a statement this week.

Sound Point Capital Management (Sound Point), a credit-focused investment manager with more than $30 billion in assets, has appointed Andrea Sayago as its new chief compliance officer and associate general counsel.

CIBC Innovation Banking is pleased to announce that it is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina.

J D Factors provided a $200,000 factoring facility to a transportation company in Pennsylvania.

Second Avenue Capital Partners, LLC (SACP) announced the closing of a $17,500,000 senior secured credit facility for Alex and Ani, LLC, creators of the iconic charm bracelet and affordable meaning-based jewelry.

CIT, a division of First Citizens Bank, today announced that its Maritime Finance business has increased its financing for Globus Maritime Limited by $18 million.

Carestream Health Inc, an X-ray and medical imaging company, filed for bankruptcy protection on Tuesday with an agreement in place to cut $470 million in debt. The Rochester, New York-based company said that its debt level was not sustainable in light of long-term headwinds in the medical imaging industry, in court papers filed in Wilmington, Delaware bankruptcy court.

The Celonis five-year $500 million line of credit is expandable to $600 million and is the largest syndicated bank recurring revenue revolving credit facility of its kind. This debt facility was led by KeyBanc Capital Markets, with Goldman Sachs, HSBC Ventures, J.P. Morgan, Morgan Stanley Senior Funding, Inc., Citibank and Deutsche Bank acting as joint lead arrangers. Lenders in the syndicate also included RBC Capital Markets, Silicon Valley Bank, SMBC, Citizens, MUFG and Bank of America.

Through its new 14th regional office, CIBC Innovation Banking will help support the growth ambitions of the hundreds of start ups and innovation companies emerging in the Research Triangle area by delivering its expertise in growth capital, advisory, and cash management. Alan Spurgin, currently Managing Director & Co-Head, US Technology Banking at CIBC Innovation Banking, will lead the group’s expansion into North Carolina.

Gordon Brothers, the global advisory, restructuring and investment firm, has provided Scott’s Refrigerated Logistics, a portfolio investment of Anchorage Capital Partners, with a A$70 million asset-based lending facility. The facility will provide Australia’s largest fully integrated cold-chain logistics provider with additional working capital for Anchorage Capital Partners’ operational improvement plan to support growth.

Veteran real estate investment professional John Carl, III has joined BH Properties as Senior Managing Director to head the firm’s value-add acquisitions platform out of its Dallas office, announced President James Brooks.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility, comprising an asset-based revolving line of credit to Beach House Group.

“GemCap prides itself on continuing to fund small business growth during up and down turns in our economy,” continues David Ellis, co-president. “Historically, summer represents a lull in lending; however, this year, the summer remained very robust.” The following are indicative transactions funded by GemCap over the summer: Aerospace Industries: $1.5 million revolver secured by inventory and receivables; Food & Beverage Industries: $4.0 million revolver secured by inventory and receivables...

iCapital1 the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and UBS (NYSE: UBS) today announced they entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor LLC, UBS’s legacy proprietary US alternative investment manager and the feeder fund platform it manages.

Travelers Financial Group is one of the leaders in a wide spectrum of consumer and commercial financing related businesses in Canada and United States, today announced that Ashwin Pamidi has been named as Chief Financial Officer and Head of Corporate Strategy.