Western Alliance Bank today announced that Jake Smith has taken a new role as director within the bank’s Public and Nonprofit Finance Group, which specializes in tailoring solutions to the unique needs of municipalities, local governments and nonprofit organizations.

Northrop Grumman entered an agreement for $3 billion in revolving credit. The agreement replaces Northrop Grumman's five-year credit facility with a principal amount of $2.5 billion, which it entered in August 2022, the defense company said Tuesday. The new five-year senior unsecured revolving credit facility has JPMorgan Chase acting as administrative agent.

Aequum Capital is pleased to announce the closing of a $30 million senior secured credit facility—consisting of a $25 million term loan and a $5 million revolving line of credit—to support the acquisition of a West Virginia-based provider of substance use disorder (SUD) and mental health treatment services.

Advantage Business Capital, a subsidiary of Central Bank of Texas, today announces a $3MM invoice factoring facility to a renewable energy services business. This working capital facility will support their growth in the expanding sector of sustainable energy.

Amerisource Business Capital announced the closing of a $17,500,000 senior credit facility for a leading manufacturing and distribution company located in the Southeast. The loan proceeds were used to refinance a bank loan and for additional working capital to support the company’s growth backlog.

Gordon Brothers, the global asset experts, has formed a $1.5 billion joint venture with Davidson Kempner Capital Management LP (Davidson Kempner) and entered into a supporting lender finance facility with Wells Fargo Capital Finance (Wells Fargo).

First Business Bank’s Asset-Based Lending team announces a recently closed and funded $7,000,000 revolving line of credit to support an Illinois consumer products company restructuring in response to retail market disruption and global trade challenges.

Celtic Capital Corporation announced its most recent new client relationship – a Pacific Northwest-based custom design and manufacturing company specializing in plastic injection molding, pad printing and assembly.

Insurance Advisory Partners (IAP), the insurance focused boutique investment banking firm, today announces the appointment of Rinki Melwani as partner, effective 25th August subject to regulatory approval.

MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized multifamily and seniors housing bridge lending platform, announced the appointment of Liam Sorensen as Senior Relationship Manager, Originations.

ORIX Corporation USA (“ORIX USA”) and Hilco Global, a diversified global financial services firm headquartered outside of Chicago, IL, today announced the completion of ORIX USA’s acquisition of a majority equity ownership of Hilco Global.

Investment manager Nuveen's private debt arm has partnered with Hunter Point Capital and Temasek, the company said on Wednesday, as it furthers its push into the fast-growing slice of corporate financing market.

The global law firm Jones Day announced today that Jeffrey Ruskin has joined the Firm as a Partner in its Real Estate Practice. He is based in the Firm’s New York Office.

NXT Capital announced today that it closed a senior credit facility in support of Riata Capital Group’s acquisition of Coeo Solutions. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.

EBSC has arranged a $31 million loan for a 160-unit luxury independent living community in Elk Grove, Minn. The loan was used to retire the existing construction financing.

First Citizens Bank and Triple Oak Power today announced that First Citizens’ Energy Finance business provided a $60 million credit facility to Triple Oak Power, a U.S.-based renewable energy developer focused on developing sustainable energy plants.

Honigman LLP announced today that Tricia Collins has joined the firm as a partner in its Grand Rapids office. Collins, who joins Honigman after nearly a decade at Kirkland & Ellis, is the most recent addition to the firm’s Corporate Department and Commercial Transactions group.

Assembled Brands, a leading asset-based lender for growing consumer packaged goods brands, announced a new growth line of credit with Brami, the pioneering CPG brand reimagining the modern Italian pantry with the clean, healthy power of lupini beans.

J D Factors provided $8,300,000 in new factoring facilities to 28 new clients in the US and Canada during the month of August. Some of these facilities include a $750,000 factoring facility for a transportation company in Illinois and a $150,000 factoring facility for an industrial diesel service company in Texas.

A Tiger Group online auction closing on September 11 features pristine audiovisual gear from Red Letter Rentals, a Southern California rental house known for its clientele of filmmakers, cinematographers and productions.