Orion Engineered Carbons (NYSE: OEC), a specialty chemical company, today announced that it has added 100 million EUR to its senior secured revolving credit facility, which expands the company's facility to 350 million EUR.

Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, announced today that Vice President of Finance Brian Cobb has been appointed Chief Financial Officer (“CFO”), effective immediately.

Ares Commercial Finance announced today that it has provided a senior secured credit facility to Hint, Inc. The credit facility consists of an asset based revolving line of credit. Proceeds of the credit facility were used to refinance existing indebtedness and for ongoing working capital to support growth.

Amerisource Business Capital announced the recent appointment of Courtney Mark as regional market manager. Based in Salt Lake City, Utah, Courtney joins Amerisource with over 28 years of experience in commercial finance and asset-based lending, covering markets in Arizona, California, Colorado, Nevada, and Utah.

Celtic Capital Corporation today announced its most recent new client relationship – a California-based manufacturer of various real food products sourced from ethically-grown super foods from around the world. The Company was referred to Celtic Capital by its bank who needed to exit the deal due to covenant violations.

Culain Capital Management (Culain) officially launched a new Specialty Finance company focused on accounts receivable funding in May 2022. Culain was founded by Jamie Franz, a former partner at Keltic Financial and managing director at Ares Commercial Finance, Joseph Heim, a former partner with Dopkins & Company, James Jarosz, a former M&T Bank executive and market manager in WNY and Fred Kulikowski, a former president and COO of Commercial Federal Bank who for years held senior executive positions at both Citigroup and M&T Bank in Western New York

Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that it has closed the credit refinancing transactions previously announced on May 5, 2022. The Company has entered into agreements with new lenders to the Company which provide two new credit facilities (the “New Credit Facilities”) totaling up to $55 million.

Simmons Bank announced the promotions of Pat Gearhart and Charlie Van Ness to division presidents. Gearhart will oversee Wichita, Kansas City and Oklahoma City markets and Van Ness will lead the Northwest Arkansas, Little Rock and Tulsa Markets. Each role will expand our reach by providing exceptional customer service and community support to the metro markets.

TELA Bio, Inc. ("TELA") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, today announced that the Company has entered into a new credit facility with MidCap Financial (“MidCap”), providing TELA with access to up to $50 million in total credit.

Today, Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), announced that an order confirming its Plan of Reorganization (the “Plan”) was entered by the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), paving way to the implementation of the Plan and the final stage in the Chapter 11 process. Paddock is represented in the Chapter 11 case by Latham & Watkins LLP and Richards, Layton & Finger, PA, and O-I Glass is represented by Morris Nichols Arsht & Tunnell LLP.

Lincoln Financial Group (NYSE: LNC) today announced that Ellen G. Cooper has assumed the role of president and chief executive officer (CEO) and has become a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 after 10 years as a Lincoln executive, serving most recently as executive vice president, chief investment officer, head of Enterprise Risk and the Annuity Solutions group, and a member of the Lincoln Financial Foundation board.

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 the acquisition of Critical Mention, Inc. (“Critical Mention”) by Onclusive (the “Company”), a portfolio company of Symphony Technology Group (“STG”).

Celtic Capital Corporation is pleased to announce that Anthony Gomez has joined the firm as senior vice president-client development for the Pacific Northwest. He has been in commercial banking and part of the region’s business community for over a decade.

Macquarie Capital and Stifel acted as financial advisors and provided committed financing, and McDermott Will & Emery LLP provided legal advice, to H.I.G. Capital. Harris Williams and Evercore acted as financial advisors, and Dechert LLP acted as legal counsel, to the Company on the transaction.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed John Scerbo as a Managing Director, with the firm’s Private Equity Performance Improvement (PEPI) group. Concurrently, A&M is establishing Fund Management Solutions, led by Mr. Scerbo, as a new offering under its CFO Services practice. Fund Management Solutions will help private equity (PE) clients address the increasing requirements and complexities fund managers face resulting from explosive PE activity, expanding regulatory requirements and greater demands from investors

The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Karen Larrimer, head of Retail Banking and chief customer officer, has elected to retire after more than 27 years of service and leadership to the bank. Larrimer will remain as the bank's chief customer officer through 2022, as she transitions out of her role as head of Retail Banking, effective July 1.

LSQ, a leading provider of working capital finance and payments solutions, announces the acquisition of Qwil, a San Francisco-based fintech company that provides early payments to staffing firms. Founded in 2015 by Johnny Reinsch, Paul Tiplady and Trevor Branon, Qwil provides the contingent staffing market with financial tools and solutions. The company's marquee service is an embedded finance product offering early payments to staffing firms which helps them have liquidity up to 180 days before they’re paid by their clients.

Bank of America, N.A. is the Joint Lead Arranger, Joint Bookrunner and Administrative Agent for the 35-bank syndicate participating in the Credit Facility. Bank OZK; Citibank N.A.; MUFG Bank, Ltd.; NYCB Specialty Finance Company, LLC; PNC Bank, N.A.; Regions Bank; Royal Bank of Canada; Wells Fargo Bank, National Association acted as Joint Lead Arrangers and Joint Bookrunners. Truist Bank, N.A. acted as Joint Bookrunner.

Debt Refinancing Highlights: Established 5-year $3.25 billion senior secured credit facility consisting of a $1.5 billion revolving credit facility and $1.75 billion term loan Retired $1.0 billion revolving credit facility and $0.9 billion term loan

An affiliate of Shadowbriar Capital Partners, LLC ("Shadowbriar") is pleased to announce the acquisition of Benada Aluminum Products, LLC ("Benada" or the "Company") from Big Shoulders Capital ("Big Shoulders") and ABGB Capital, LLC ("ABGB"). White Oak Global Advisors, LLC and its financing affiliate, White Oak Commercial Finance, LLC, provided the debt financing for the transaction.