Houston-based Cadence Bancorporation, parent company of Cadence Bank, announced Monday it would merge with BancorpSouth Bank in an all-stock transaction with a market value of more than $6 billion. According to a filing with the Securities and Exchange Commission, the combined entity would be the fifth-largest institution in Texas and the Southeast, with assets of around $44 billion.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it provided Worcester Envelope Company with an expanded credit facility, based upon the growth expected as Worcester becomes part of the performance driven marketing company Moore.

Pete Lowney, President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $16 million revolving line of credit facility for a musical instrument retailer in Minnesota.

Genesis Energy, L.P (NYSE: GEL) announced today that it has successfully syndicated and closed on a refinancing of its existing revolving credit facility with $950 million in new commitments from existing lenders, including a new $650 million revolving credit facility and a $300 million Term Loan A, both due March 15, 2024. Proceeds from the Term Loan A will be used to repay an equivalent amount outstanding under the existing revolving facility.

Automotores Gildemeister Chile ("AG" or the "Company") today announced that it has commenced solicitation of its previously announced pre-packaged chapter 11 plan of reorganization (the "Plan"), which seeks to deleverage the Company's balance sheet by approximately $200 million while minimizing any impact on its day-to-day operations. The restructuring under the Plan will create a sustainable capital structure with less debt that will position the company for future success with brighter prospects and a greater ability to serve its customers for years to come.

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Administrative Agent and Sole Lead Arranger for senior secured credit facilities to support the refinance of LifeSpan Biosciences, Inc. (LSBio) by Thompson Street Capital Partners. Abacus also made an equity co-investment in LSBio.

Initially sideswiped by COVID-19 in early 2020, private credit markets began to bounce back by year’s end, leaving dealmakers optimistic that private credit might fully rebound in 2021. According to a new survey of 112 private credit industry professionals conducted in February, 91 percent of investors and 80 percent of lenders surveyed expect deal flow to increase this year and are optimistic about several deal categories and sectors.

Today, JPMorgan Chase Commercial Banking announced the new Green Economy specialized industry team, which will provide dedicated banking services and expertise to companies that produce environmentally-friendly goods and services or focus on environmental conservation. JPMorgan Chase Commercial Banking has named Brian Lehman as the Head of Green Economy. Lehman, who will build a dedicated team of bankers to serve the segment, has more than 20 years of client-facing experience and deep knowledge of sustainable finance.

Rothschild & Co is acting as lead financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to KPS and its affiliates. Barclays and UBS are also acting as financial advisors to KPS and its affiliates. Debt financing to support the transaction is being led by Barclays and Deutsche Bank along with BNP Paribas, Credit Suisse and UBS Investment Bank.

When a group of investors with industry experience found the opportunity to purchase a Midwest producer of high-quality fresh and frozen ground meat out of bankruptcy via a 363 sale, they turned to their community bank.

First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today the promotion of Michael Berry to Senior Vice President, Director of Commercial Banking of First Foundation Bank.

Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a senior credit facility and revolving line of credit to Renalogic (or “the Company”), an industry leader in dialysis risk management and cost containment solutions.

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the amendment of its revolving credit facility (the "Credit Facility"). The recently closed amendment provides an extension of the final maturity to April 2026. The total commitments of the Credit Facility increased from $780.0 million to $855.0 million while maintaining an expanded accordion feature that allows for an increase up to $1.2 billion of total commitments from new and existing lenders on the same terms and conditions as the existing commitments.

A syndicate of 15 banks committed to the facility. Wells Fargo Securities, LLC (“Wells Fargo”) acted as sole bookrunner. Wells Fargo, Capital One, National Association, RBC Capital Markets, Toronto-Dominion Bank, New York Branch, BBVA USA, Truist Securities, Inc. and U.S. Bank National Association, acted as joint lead arrangers.

The Yieldstreet Private Business Credit team built on their momentum from the fourth quarter of 2020 and sprinted through the first quarter of 2021 closing eight new deals for a total of $93.4 million. These deals are across both consumer and commercial asset classes, various positions within the capital stack, and different states.

London LSE-quoted Diversified Gas & Oil PLC (LSE:DGOC) ("DGO" or "the Company") is pleased to announce that the Company's bank lending group, led by KeyBank National Association (the "Bank Group"), reaffirmed the existing $425 million borrowing base of the Company's senior secured credit facility (the "Credit Facility") with no changes to pricing, covenants or other material terms after completing the Credit Facility's semi-annual redetermination.

Texas Capital Bank, N.A., and its parent company Texas Capital Bancshares, Inc. (NASDAQ: TCBI), collectively referred to herein as “Texas Capital Bank,” today announced that Julia Harman has been appointed to the newly created position of Head of Corporate Banking, effective immediately. This appointment reflects the Company’s commitment to grow its C&I offering through broader and more tailored services for larger clients. Ms. Harman will report directly to Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank, N.A. and Texas Capital Bancshares, Inc.

Tiger Group is now accepting bids for the April 15 online auction of assets from Holbrook-based embroidery and garment-printing company Gate NY, which had been a major drop-ship location for garment distributors from across the Northeast.

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business served as sole lead arranger on a $27 million loan to finance acquisition of a warehouse and distribution center in Green Cove Springs, Florida. The facility, located about 40 miles south of downtown Jacksonville, Florida, and close to the First Coast Expressway, consists of about 782,000 square feet of warehouse and distribution space, including about 209,000 square feet of refrigerated space. The property was acquired by an entity managed by PKY Special Situations LLC and will be managed by Parkway Property Investments.

Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that the Company finalized a 3-year extension on substantially all of its Revolving Credit Facility and Term Loan A to 2026. This action included an upsizing of Aramark’s Revolving Credit Facility to approximately $1.2 billion that increases the Company’s cash availability by over $200 million. In addition, Aramark closed its previously announced $833 million refinancing of the Company’s 2024 Term Loan B that extends the maturity to 2028.