Huntington Business Credit announced it closed a new $20,000,000 credit facility with an Information Technology Value Added Reseller on April 28, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.

Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisitions of C.L. Smith, a leading distributor of rigid packaging solutions, and Silver Spur, a supplier of specialty glass and plastic packaging by Kelso & Company (“Kelso”). C.L. Smith and Silver Spur will be combined with Kelso’s existing investment in Inmark, a distributor of rigid container and life sciences packaging products.

Nations Capital, Inc. ("NCI"), an asset management and advisory firm focused on opportunistic investments and asset remarketing, announced today that is has officially launched all of its business platforms to its clients and customer base. NCI is a strategic partner to companies and clients across a wide range of commercial and industrial sectors, with a particular focus and expertise in finance, restructuring, and insolvency. The Company provides capital, advisory services and infrastructure to guide clients and companies through change and growth.

The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA. Through this transaction, PNC is now the fifth largest U.S. commercial banking organization with over $560 billion in assets with a coast-to-coast national franchise that will provide a full range of products and services to retail customers and business clients in 29 of the top 30 largest markets in the country.

Avadim Health, Inc. (the Company), a healthcare and wellness provider, today announced it has reached an agreement in principle to sell substantially all of its assets and filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Avadim is being advised by Carl Marks Advisory Group LLC, the law firm of Pachulski Stang Ziehl & Jones LLP, the law firm of Chapman and Cutler LLP, and SSG Capital Advisors, LLC.

McGuireWoods continues to expand its global derivatives and structured finance capabilities with the arrival of partner Charles Wakiwaka, who joins the firm’s highly ranked securities and capital markets practice in London. Wakiwaka advises buy-side and sell-side market participants on complex derivative and structured transactions such as fixed income, deal-contingent instruments, repackagings, structured notes and bespoke collateral arrangements across a range of asset classes, including equities, credit and commodities.

MidCap Business Credit is pleased to announce the closing of a $10 million revolving credit facility for Fairway Lumber Company, Inc., D/B/A Bay Forest International. The credit facility was used to refinance the company’s existing senior debt and to support their growth plans. Headquartered in Stoughton, MA, Fairway Lumber is a wholesale trader of lumber, plywood, pellets, and other wood related products.

Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger and Joint Bookrunner on a senior secured credit facility to support the acquisition of Sila Heating & Air Conditioning (Sila) by investment funds managed by Morgan Stanley Capital Partners (MSCP).

Morgan Stanley & Co LLC is serving as exclusive financial advisor to Cloudera, and Latham & Watkins, LLP is serving as legal advisor to Cloudera. GCA Advisors, LLC, BofA Securities, William Blair & Company, L.L.C., Perella Weinberg Partners LP, Cowen and J.P. Morgan are serving as financial advisors and Kirkland & Ellis, LLP and Debevoise & Plimpton LLP are serving as legal advisor to CD&R and KKR. J.P. Morgan, Bank of America, and KKR Capital Markets have committed to providing debt financing for the transaction.

Annie O’Connor has been named portfolio manager at GemCap. “We recognize that Annie’s strong financial background and in depth knowledge of all facets of asset-based lending makes her the perfect candidate to manage our growing portfolio. We are incredibly excited to have Annie accept this role,” says Richard Ellis, co-president.

Sallyport are pleased to announce $500,000 in funding to a US based tech-services company. The business will use these vital funds to enable their expansion into new regions.

Celtic Capital Corporation today announced its most recent new client relationship – a New Jersey-based wholesaler and brewer of craft beers.

Hilco Redevelopment Partners (HRP), a unit of Hilco Global, announced today the purchase of an industrial development site located at 11002 Northwest S. River Drive in Medley, FL. The 8.5-acre property is part of a larger 25-acre Superfund site which has previously undergone corrective action. HRP has current plans to develop the site into a state-of-the-art warehouse/logistics facility to support the growing tenant demand across South Florida. The sale was brokered by Newmark executives Steve Medwin and Nick Wigoda, who will also handle leasing of the project.

Tricon Precast manufactures concrete structures, such as retaining walls, traffic barriers, bridge systems and sound barrier walls. The company sells its products to major highway and bridge construction contractors who are building infrastructure projects for governmental agencies like, DOT, TXDOT and FLDOT.

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending and purchase order financing firm in the U.S., today announced the completion of a recent $1.25 million purchase order finance facility to support the production financing requirements of an Iowa-based importer and distributor of housewares.

TriumphPay, a division of TBK Bank, SSB, announced today that it has closed the previously announced acquisition of HubTran, a cloud-based provider of automation software for the transportation industry's back-office.

BHI, a full-service commercial bank, announced that it has arranged $102.7 million in construction financing for Naftali Group’s latest development at 1165 Madison Avenue, a new 13-story luxury condominium on Manhattan’s Upper East Side.

Allen & Overy today announced that Gordon Mak and Stanimir (Stan) Kostov have joined as partners in A&O’s U.S. Leveraged Finance practice, based in New York.

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").

Shearman & Sterling advised CSW Industrials Holdings, LLC, as Borrower, and the other loan parties on the deal. CSW Industrials Holdings, LLC closed a $400 million senior secured revolving credit facility, agented by JPMorgan Chase Bank, N.A., the proceeds of which are to be used for working capital and general corporate purposes (including permitted acquisitions).