Bank of America has named David Bader as President of Bank of America Austin. Bader succeeds Nikki Graham, who announced her retirement after 27 years of service at the bank. As Austin president, Bader will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to companies, families and individuals across Central Texas. He will also lead the effort to deploy Bank of America’s resources to address social concerns, strengthen economic opportunity, and build strong communities, as well as support the health, safety and engagement of local teammates.

Bridge Bank today announced the closing of a $25 million credit facility with Targeted Lease Capital LLC (TLC), a Williamsville, New York-based company that provides equipment finance loans to small businesses. Bridge Bank partnered with Ogden, Utah-based TAB Bank to increase the credit facility, which will be used to support TLC's lending platform.

Republic Capital Access is pleased to announce that Matt Stavish has been promoted to Senior Vice President. Katie Bilek, former Senior Vice President, will move full time to govmates, where she is a Founder and Partner, and will serve on Republic’s Executive Board.

Ardea Partners LP is serving as financial advisor, Citi is serving as financial and capital markets advisor, and Wilson Sonsini Goodrich & Rosati, P.C., Allen & Overy LLP and Walkers (Jersey) LLP are serving as legal counsel to Babylon. Jefferies is serving as exclusive financial advisor and Winston & Strawn LLP is serving as legal counsel to Alkuri Global. Jefferies, Citi and Pareto Securities AB served as placement agents on the PIPE.

Winston & Strawn represented TreeHouse Foods (NYSE: THS), leading manufacturer and distributor of private label packaged foods and beverages in North America, in its definitive agreement and completed sale of its ready-to-eat (RTE) cereal business to Post Holdings, Inc. (NYSE: POST) for a purchase price of $85 million. As part of the terms of the transaction, Post will acquire the entirety of the RTE business based in St. Louis, Missouri.

At times, companies may overlook the available working capital that is entrenched in outstanding receivables. That wasn’t the case with a Texas-based oilfield and drilling rig specialist that recently approached CapFlow Funding Group. The Company had factored their invoices in the past. However, their previous provider had begun to limit their exposure in the oil industry, preventing the Company from leveraging the capital tied up in their accounts receivable.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, today announced the completion of the restructuring and successful sale of Aztec Events & Tents and Shaffer Sports, collectively known as Aztec/Shaffer, LLC (“Aztec/Shaffer” or “the Company”). Carl Marks Advisors served as restructuring advisor to the Company with partner Brian Williams acting as Chief Restructuring Officer.

Wingspire Capital, a leading specialty finance firm focused on the middle market, is pleased to announce the hiring of Dave Turco as a Managing Director on its business development team. Turco is based in Boston and will assist in expanding Wingspire’s national presence by originating senior secured credit facilities for private and publicly traded companies in the Northeast.

Middle market business conditions improved according to the RSM US Middle Market Business Index as the prospect of an economic boom, rising revenues and surging net earnings this year more than offset evidence of increasing prices paid and record expectations of further cost increases.

The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December 31st, 2020. The SMCCF proved vital in restoring market functioning last year, supporting the availability of credit for large employers, and bolstering employment through the COVID-19 pandemic.

BMO Capital Markets announced today that it is establishing a dedicated Energy Transition Group to support clients in their pursuit of opportunities driven by the increasing momentum of the global economy's shift in production and consumption of energy.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm providing senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $24 million senior credit facility with Lantern Group (“Lantern” or “the Company”), an owner and operator of skilled nursing and assisted living facilities. The funds were used to acquire three assisted living and memory care facilities located in Ohio, Lantern of Chagrin, Lantern of Madison, and Lantern of Saybrook.

Monroe Capital LLC has been recognized by Global M&A Network as the Mid-Markets Lender of the Year. Award winners were honored at the virtual U.S.A. M&A Atlas Awards Gala held on May 26th. This award recognizes the firm’s notable value-creating transactions, track record, sector expertise, team leadership and more importantly, client service. U.S.A.

JAKKS Pacific, Inc. (NASDAQ: JAKK) (the “Company”) today announced that on June 2, 2021 it completed the successful refinancing of its existing term loan facility with a new term loan facility from Benefit Street Partners L.L.C. (“BSP”) and entered into a new asset-based revolving credit facility with JP Morgan Chase (“JPM”).

Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, “Landmark”), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry.

Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company") is pleased to announce the restructuring and upsizing of the senior secured credit facility (the "Credit Facility" or "Facility") with Macquarie Bank Limited ("Macquarie"). All monetary amounts refer to United States dollars.

Sallyport Commercial Finance are delighted to announce a total fund of $2MM to a Canadian manufacturer of home improvement products based in New Brunswick. Referred to Sallyport by one of Canada’s top 3 commercial banks, the client had identified a strategic opportunity to acquire a complementary business, whose parent company was already going through a process of restructuring under the Companies' Creditor Arrangement Act ("CCAA").

Bids are now being accepted for the June 17 online auction of all assets from a 30-barrel semi-automated brewhouse in Eureka that closed in December 2020. The auction is being conducted by Tiger Group and sale partner Schneider Industries on behalf of the landlord of the 20,000-square-foot brewery, which operated out of three warehouse buildings on the site.

Supply chain finance program allows a Mexico-based seafood importer and distributor to improve working capital. Trade finance provider Harbor announced the closing of a syndicated supply chain finance program for a seafood processing facility and distributor in Quintana Roo, Mexico. The program is managed on the HarborTrade platform and is being funded by Harbor and Kampala Capital.

Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that we recently funded a $1,000,000 purchase order facility for PPE that was referred by a factoring company. A Factoring Company had a client that previously sold cleaning products and was looking to diversify due to the pandemic. The client was looking for financing to accept a purchase order for PPE, so the Factoring Company turned to Gateway.