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).

Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $15,790,000 in ABL/factoring financial solutions for 12 new clients; Crestmark Equipment Finance provided $15,547,956 in seven new transactions; Crestmark Vendor Finance provided $2,791,048 in 28 new transactions in the first half of May.

J D Factors provided a $125,000 factoring facility to a transportation company in California.

Huntington Business Credit announced it closed new $34,000,000 in credit facilities with Golding Farms Foods, Inc. on April 14, 2021. Proceeds of the facilities were used in conjunction with investments provided by Centre Partners and Yukon Partners to refinance existing indebtedness and to provide ongoing working capital growth financing.

Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP) announced today that it has closed a new four-year, $300.0 million senior secured revolving credit facility (the “New Credit Facility”). The New Credit Facility will replace the previous credit facility which was set to mature in May 2022.

Mr. Perrotta brings with him 40+ years of experience providing various types of financing solutions to a wide range of businesses including manufacturers, wholesalers, distributors, service companies and select retailers.

Citizens Financial Group, Inc. (NYSE: CFG or “Citizens”) today announced that Citizens Bank, N.A. has entered into an agreement to acquire 80 East Coast branches and the national online deposit business from HSBC Bank U.S.A, N.A.. Under the agreement, Citizens will acquire approximately $9.0 billion in deposits and approximately $2.2 billion in loans for a 2.0 percent premium paid on deposits at closing.

CVC Credit (“CVC Credit”) is pleased to have provided the debt facility to support Sole Source Capital’s acquisition of Peak-Ryzex (“Peak” or the “Company”) and subsequent add-on acquisition of Optical Phusion, Inc. (“OPI”). The companies will be merged to create an enhanced market leader in automatic identification data capture (“AIDC”) and factory automation solutions. CVC Credit will support the growth strategy for the combined business going forward through the provision of a delayed draw term loan facility.

Varagon Capital Partners (Varagon) is serving as Administrative Agent, Joint Lead Arranger, Joint Bookrunner and Syndication Agent on a senior secured credit facility to support the acquisition of JTM Foods, LLC (JTM) by Tenex Capital Management (Tenex).

M&T Bank Corporation (NYSE: MTB) ("M&T") and People's United Financial, Inc. (NASDAQ: PBCT) ("People's United") jointly announced that, at their respective special meetings of shareholders yesterday, they each received the necessary shareholder approvals for the consummation of the merger of People's United into M&T.

Steve Emerson has announced the formation of Dry Creek Capital Partners LP (“Dry Creek”), a special situations investing group formed to provide a platform for investments in debt obligations of distressed commercial real estate and small business debt.

HomeLight, the real estate technology platform transforming the home buying and selling process for the top real estate agents and their clients, announced today that it is expanding its financial offerings, HomeLight Trade-In™ and HomeLight Cash Offer™, to top real estate agents, homebuyers, and sellers across Texas. The expansion is fueled by a $100 million credit facility from Credit Suisse, one of the world's leading financial service providers.

PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company, today announced that its Founded Entity, Akili Interactive (“Akili”), has secured $160 million of combined equity and debt financing. The financing included a $110 million Series D equity financing round led by Neuberger Berman Funds. In conjunction with the Series D financing, Akili also closed a credit facility for up to $50 million with Silicon Valley Bank.

CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has named Todd Ping as a managing director for business development activities across the southeastern United States. Based in Atlanta, Ping will be responsible for sourcing new asset-based loan opportunities from $15 million to $150 million with business borrowers across a range of credit profiles. His appointment represents a strategic expansion by the CIT Northbridge business into the Southeast, where it has not previously had a business development presence.