• TDCX Announces US$188 Million Debt Repayment
    December 21, 2021
    TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies, today announced that it has fully repaid the total outstanding principal amount of US$188 million and accrued and unpaid interest and premium, if any, under its term loan credit facility entered into with Credit Suisse AG, Singapore Branch, and completed relevant documentation.
  • Performant Financial Corporation Announces $35MM Debt Refinancing
    December 21, 2021
    Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced that it has entered into a new credit agreement with MUFG Union Bank that provides the Company with up to $35 million in debt financing through a combination term loan and revolving credit facility.
  • Hilton Grand Vacations Refinances and Increases Credit Facility to $1 Billion
    December 21, 2021
    Hilton Grand Vacations Inc. (NYSE:HGV), today announces it has refinanced and increased the capacity under the existing revolving facility from $800 million to $1 billion. Bank of America, N.A., will remain as the administrative agent for the new revolving credit facility. Barclays Bank PLC, Deutsche Bank Securities Inc.; JP Morgan Chase Bank, N.A.; MUFG Bank, Ltd. and Wells Fargo Bank, N.A., acted as co-syndication agents for the new revolving credit facility.
  • Walsh Pizzi O'Reilly Falanga Announces Three New Partners
    December 21, 2021
    Walsh Pizzi O'Reilly Falanga LLP, a leading majority women-owned law firm in the Mid-Atlantic region, announced Mariel L. Belanger, Caitlin P. Cascino, and David D. Cramer will become partners in the firm effective January 1, 2022.
  • Citizens Advises Best Lawyers® on its Acquisition by Abry Partners
    December 21, 2021
    Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Best Lawyers®, the oldest and most respected peer-review ranking service in the global legal community, on its acquisition by Abry Partners, a Boston-based investment firm. Best Lawyers was previously a portfolio company of Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based middle-market private equity firm.
  • A-Mark Closes New $350 Million Credit Facility
    December 21, 2021
    A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed a new three-year, committed $350 million credit facility led by CIBC Bank USA, replacing its existing $280 million credit facility. The new credit facility became effective on December 21, 2021 and matures on December 20, 2024. CIBC Bank USA acted as Administrative Agent, and Joint Lead Arranger.
  • B. Riley Financial Establishes New Receivables Division To Provide Debt Monetization and Portfolio Acquisition Solutions
    December 21, 2021
    B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or the "Company"), a diversified provider of business advisory and financial services, announced it has established a new receivables business to provide debt monetization solutions and portfolio acquisition services for its clients.
  • Black Diamond Group Limited Announces Renewal of Asset-Based Credit Facility
    December 20, 2021
    lack Diamond Group Limited (“Black Diamond” or the "Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation, today announced the renewal of its secured asset-based revolving credit facility (“Facility”). The renewal extends the maturity of the Facility out to October 31, 2026. The lending syndicate is unchanged and is co-led by The Bank of Nova Scotia and Bank of Montreal. There were no changes to the pricing grid and the size of the Facility remains unchanged at $300 million, with an uncommitted accordion of $50 million.
  • Moritt Hock & Hamroff's Julia Gavrilov Named To Monitor's Top Women In Equipment Finance For 2021
    December 20, 2021
    Julia Gavrilov, counsel in the Garden City office of Moritt Hock & Hamroff LLP, has been named as one of the Top Women in Equipment Finance for 2021 by the Monitor in recognition of her outstanding commitment, achievements and leadership in the equipment finance industry.
  • Webster, Sterling Announce Receipt of All Required Regulatory Approvals For Merger
    December 20, 2021
    Webster Financial Corporation (NYSE: WBS) ("Webster") and Sterling Bancorp (NYSE: STL) ("Sterling") jointly announced today that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies.
  • Synovus Expands Foodservice Focus with New Restaurant Finance Team
    December 20, 2021
    Synovus today announced the launch of a new restaurant finance team focused on helping restaurants across the country execute strategic plans for growth while fostering relationships with established and up-and-coming names in the sector.
  • Regions Financial to Build on Capital Markets Growth with Acquisition of Clearsight Advisors
    December 20, 2021
    Regions Financial Corp. (NYSE:RF), the parent company of Regions Bank, on Friday announced it has entered into a definitive agreement to acquire Clearsight Advisors, Inc., a leading-edge mergers and acquisitions firm serving clients in the technology, professional services, data and information services, and digital and technology-enabled services industries.
  • Agree Realty Announces Expanded $1.0 Billion Credit Facility
    December 20, 2021
    PNC Capital Markets LLC, Citibank, N.A. and Wells Fargo Securities, LLC served as Joint Book Managers for the Credit Facility. PNC Capital Markets LLC, Citibank, N.A., Wells Fargo Securities, LLC, Capital One, National Association, Regions Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers for the Credit Facility. PNC Bank, National Association served as the Administrative Agent. Citibank, N.A. and Wells Fargo Securities, LLC served as Co-Syndication Agents. Capital One, National Association, Regions Bank, and U.S. Bank National Association served as Co-Documentation Agents.
  • Mogo Expands Credit Facility and Lowers Interest Rate
    December 20, 2021
    Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced amendments to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC.
  • Winston & Strawn Represents Broadstone Acquisition Corp.
    December 20, 2021
    Winston & Strawn represented Broadstone Acquisition Corp. (“Broadstone”) (NYSE: BSN), a special purpose acquisition company, in connection with its business combination with Vertical Aerospace Ltd. (NYSE: EVTL) (“Vertical” or the “Company”), a leading UK-headquartered engineering and aeronautical business developing electric vertical take-off and landing aircraft.
  • Winston & Strawn Represents Arbor Investments
    December 20, 2021
    Winston & Strawn represented Arbor Investments (“Arbor”), a specialized private equity firm that focuses exclusively on investing in food, beverage, and related industries, in its acquisition of Oregon Freeze Dry (“OFD” or the “Company”) from Endeavour Capital. OFD is North America’s largest and most technologically advanced freeze-dryer of food, probiotics, enzymes, proteins, specialty ingredients, and lyophilized pharmaceutical inputs.
  • Holiday Message to SFNet Community
    December 20, 2021
  • Advocacy Alert: "Stop Wall Street Looting Act of 2021"
    December 20, 2021
    Thank you to David Morse of Otterbourg P.C. for supplying the below information on the “Stop Wall Street Looting Act of 2021”. SFNet’s advocacy team is working with our Federal resources to monitor and advise as this develops.
  • BNP Paribas to Sell Bank of the West to Canada's BMO for $16 Billion
    December 20, 2021
    BNP Paribas (BNPP.PA) said Monday it is to sell U.S. unit Bank of the West to Canada's BMO Financial Group for $16.3 billion in a deal that will give France's biggest bank a huge step up in firepower for deals and buybacks. BNP Paribas has been struggling to keep up with larger rivals in the U.S. retail banking market, while the sale will also strengthen BMO's foothold in the United States.
  • Acreage Holdings Secures $150 Million Credit Facility to Accelerate Strategic Growth Initiatives
    December 20, 2021
    Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis ‎cultivation and retail facilities in the U.S., today announced it has secured a $150 million credit facility (the “Credit Facility”) with AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) and Viridescent Realty Trust, Inc. (“Viridescent”).
  • TDCX Announces US$188 Million Debt Repayment
    December 21, 2021
    TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies, today announced that it has fully repaid the total outstanding principal amount of US$188 million and accrued and unpaid interest and premium, if any, under its term loan credit facility entered into with Credit Suisse AG, Singapore Branch, and completed relevant documentation.
  • Performant Financial Corporation Announces $35MM Debt Refinancing
    December 21, 2021
    Performant Financial Corporation (Nasdaq: PFMT), (the "Company"), a leading provider of technology-enabled audit, recovery, and related analytics services in the United States with a focus in the healthcare payment integrity services industry, today announced that it has entered into a new credit agreement with MUFG Union Bank that provides the Company with up to $35 million in debt financing through a combination term loan and revolving credit facility.
  • Hilton Grand Vacations Refinances and Increases Credit Facility to $1 Billion
    December 21, 2021
    Hilton Grand Vacations Inc. (NYSE:HGV), today announces it has refinanced and increased the capacity under the existing revolving facility from $800 million to $1 billion. Bank of America, N.A., will remain as the administrative agent for the new revolving credit facility. Barclays Bank PLC, Deutsche Bank Securities Inc.; JP Morgan Chase Bank, N.A.; MUFG Bank, Ltd. and Wells Fargo Bank, N.A., acted as co-syndication agents for the new revolving credit facility.
  • Walsh Pizzi O'Reilly Falanga Announces Three New Partners
    December 21, 2021
    Walsh Pizzi O'Reilly Falanga LLP, a leading majority women-owned law firm in the Mid-Atlantic region, announced Mariel L. Belanger, Caitlin P. Cascino, and David D. Cramer will become partners in the firm effective January 1, 2022.
  • Citizens Advises Best Lawyers® on its Acquisition by Abry Partners
    December 21, 2021
    Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Best Lawyers®, the oldest and most respected peer-review ranking service in the global legal community, on its acquisition by Abry Partners, a Boston-based investment firm. Best Lawyers was previously a portfolio company of Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based middle-market private equity firm.
  • A-Mark Closes New $350 Million Credit Facility
    December 21, 2021
    A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed a new three-year, committed $350 million credit facility led by CIBC Bank USA, replacing its existing $280 million credit facility. The new credit facility became effective on December 21, 2021 and matures on December 20, 2024. CIBC Bank USA acted as Administrative Agent, and Joint Lead Arranger.
  • B. Riley Financial Establishes New Receivables Division To Provide Debt Monetization and Portfolio Acquisition Solutions
    December 21, 2021
    B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley Financial" or the "Company"), a diversified provider of business advisory and financial services, announced it has established a new receivables business to provide debt monetization solutions and portfolio acquisition services for its clients.
  • Black Diamond Group Limited Announces Renewal of Asset-Based Credit Facility
    December 20, 2021
    lack Diamond Group Limited (“Black Diamond” or the "Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation, today announced the renewal of its secured asset-based revolving credit facility (“Facility”). The renewal extends the maturity of the Facility out to October 31, 2026. The lending syndicate is unchanged and is co-led by The Bank of Nova Scotia and Bank of Montreal. There were no changes to the pricing grid and the size of the Facility remains unchanged at $300 million, with an uncommitted accordion of $50 million.
  • Moritt Hock & Hamroff's Julia Gavrilov Named To Monitor's Top Women In Equipment Finance For 2021
    December 20, 2021
    Julia Gavrilov, counsel in the Garden City office of Moritt Hock & Hamroff LLP, has been named as one of the Top Women in Equipment Finance for 2021 by the Monitor in recognition of her outstanding commitment, achievements and leadership in the equipment finance industry.
  • Webster, Sterling Announce Receipt of All Required Regulatory Approvals For Merger
    December 20, 2021
    Webster Financial Corporation (NYSE: WBS) ("Webster") and Sterling Bancorp (NYSE: STL) ("Sterling") jointly announced today that Webster has received regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced merger between the two companies.
  • Synovus Expands Foodservice Focus with New Restaurant Finance Team
    December 20, 2021
    Synovus today announced the launch of a new restaurant finance team focused on helping restaurants across the country execute strategic plans for growth while fostering relationships with established and up-and-coming names in the sector.
  • Regions Financial to Build on Capital Markets Growth with Acquisition of Clearsight Advisors
    December 20, 2021
    Regions Financial Corp. (NYSE:RF), the parent company of Regions Bank, on Friday announced it has entered into a definitive agreement to acquire Clearsight Advisors, Inc., a leading-edge mergers and acquisitions firm serving clients in the technology, professional services, data and information services, and digital and technology-enabled services industries.
  • Agree Realty Announces Expanded $1.0 Billion Credit Facility
    December 20, 2021
    PNC Capital Markets LLC, Citibank, N.A. and Wells Fargo Securities, LLC served as Joint Book Managers for the Credit Facility. PNC Capital Markets LLC, Citibank, N.A., Wells Fargo Securities, LLC, Capital One, National Association, Regions Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers for the Credit Facility. PNC Bank, National Association served as the Administrative Agent. Citibank, N.A. and Wells Fargo Securities, LLC served as Co-Syndication Agents. Capital One, National Association, Regions Bank, and U.S. Bank National Association served as Co-Documentation Agents.
  • Mogo Expands Credit Facility and Lowers Interest Rate
    December 20, 2021
    Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced amendments to its existing senior credit facility (“Credit Facility”) with funds managed by affiliates of Fortress Investment Group LLC.
  • Winston & Strawn Represents Broadstone Acquisition Corp.
    December 20, 2021
    Winston & Strawn represented Broadstone Acquisition Corp. (“Broadstone”) (NYSE: BSN), a special purpose acquisition company, in connection with its business combination with Vertical Aerospace Ltd. (NYSE: EVTL) (“Vertical” or the “Company”), a leading UK-headquartered engineering and aeronautical business developing electric vertical take-off and landing aircraft.
  • Winston & Strawn Represents Arbor Investments
    December 20, 2021
    Winston & Strawn represented Arbor Investments (“Arbor”), a specialized private equity firm that focuses exclusively on investing in food, beverage, and related industries, in its acquisition of Oregon Freeze Dry (“OFD” or the “Company”) from Endeavour Capital. OFD is North America’s largest and most technologically advanced freeze-dryer of food, probiotics, enzymes, proteins, specialty ingredients, and lyophilized pharmaceutical inputs.
  • Holiday Message to SFNet Community
    December 20, 2021
  • Advocacy Alert: "Stop Wall Street Looting Act of 2021"
    December 20, 2021
    Thank you to David Morse of Otterbourg P.C. for supplying the below information on the “Stop Wall Street Looting Act of 2021”. SFNet’s advocacy team is working with our Federal resources to monitor and advise as this develops.
  • BNP Paribas to Sell Bank of the West to Canada's BMO for $16 Billion
    December 20, 2021
    BNP Paribas (BNPP.PA) said Monday it is to sell U.S. unit Bank of the West to Canada's BMO Financial Group for $16.3 billion in a deal that will give France's biggest bank a huge step up in firepower for deals and buybacks. BNP Paribas has been struggling to keep up with larger rivals in the U.S. retail banking market, while the sale will also strengthen BMO's foothold in the United States.
  • Acreage Holdings Secures $150 Million Credit Facility to Accelerate Strategic Growth Initiatives
    December 20, 2021
    Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTCQX: ACRHF, ACRDF), a vertically integrated, multi-state operator of cannabis ‎cultivation and retail facilities in the U.S., today announced it has secured a $150 million credit facility (the “Credit Facility”) with AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) and Viridescent Realty Trust, Inc. (“Viridescent”).
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