• Cimpress Announces Closing of $1.16 Billion Term Loan B and Redemption of Second Lien Notes
    May 18, 2021
    Cimpress plc (Nasdaq: CMPR) has closed its previously announced $1.16 billion senior secured Term Loan B (the “Term Loan B”). In conjunction with this transaction, Cimpress redeemed all of the $300 million aggregate principal amount of its 12% second lien notes due 2025, which it issued one year ago during the height of pandemic uncertainty. Additionally, Cimpress’ Term Loan A due 2024 has been repaid and terminated and Cimpress repaid all amounts drawn under its revolving credit facility.
  • Hayward Industries Announces Successful Pricing and Allocation of New Senior Secured Term Loan Facility
    May 18, 2021
    Hayward Holdings, Inc. (NYSE: HAYW), a global designer, manufacturer and marketer of broad portfolio of pool equipment and associated automation systems, announced today that its indirect, wholly owned subsidiary Hayward Industries, Inc. (the “Company”) has successfully secured commitments for a senior secured term loan facility (“New Term Loan Facility”) in an aggregate principal amount of $1 billion.
  • Independence Realty Trust Announces Closing of $200 Million Term Loan
    May 18, 2021
    KeyBank National Association was the Administrative Agent and KeyBanc Capital Markets, Inc., Capital One, National Association and Regions Capital Markets were Joint Lead Arrangers.
  • mCloud Signs Commitment Letter for $5 Million Operating Line from ATB Financial
    May 18, 2021
    mCloud Technologies Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce it has executed a commitment letter with ATB Financial ("ATB") for a $5 million secured operating line (the "ATB Facility"). Proceeds of the ATB Facility will be used to repay amounts owed by the Company to HSBC Bank Canada and for general working capital purposes.
  • Monroe Capital Opportunistic Private Credit Group, Oak Hill Advisors, and Barclays Bank, PLC Support Vertical Bridge and Eco-Site Merger and its Future Build-to-Suit Tower Development
    May 18, 2021
    Monroe Capital LLC (“Monroe”), Oak Hill Advisors L.P. (“OHA”) and Barclays Bank, PLC (“Barclays”), acting as administrative agent, announced the closing of a $325.0 million credit facility to support Vertical Bridge REIT, LLC’s (“Vertical Bridge”) merger with Eco-Site, LLC (“Eco-Site”) and the combined company’s future development of build-to-suit locations throughout the country.
  • Micron Closes Sustainability-Linked Credit Facilities Totaling Nearly $3.7 Billion
    May 18, 2021
    These facilities comprise a five-year $2.5 billion sustainability-linked revolving credit facility, which matures in May 2026, and a nearly $1.2 billion sustainability-linked term loan A, which matures in October 2024. Crédit Agricole Corporate and Investment Bank (CIB) served as the sole sustainability structuring agent on both credit facilities.
  • Apollo Hires Craig Farr as Senior Partner
    May 18, 2021
    Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced that Craig Farr will join the Firm as a Senior Partner to lead Apollo’s capital solutions activities. In this newly created role, Mr. Farr will spearhead Apollo’s centralized origination, structuring and distribution platform, reporting directly to Apollo Co-Presidents, Scott Kleinman and Jim Zelter.
  • Wingspire Capital Provides $95 Million Senior Secured Facility to Fox Racing
    May 17, 2021
    Wingspire Capital announced today that it has provided a $95 million senior secured credit facility to Fox Racing, the global leader in motocross and mountain biking protective gear and apparel. The credit facility consists of a $35 million revolving line of credit and a $60 million term loan.
  • Healogics Announces New $240 Million Equity Investment to Support Future Growth
    May 17, 2021
    The Company also secured a new $30 million Revolving Credit Facility and a new $370 million First Lien Term Loan, both led by J.P. Morgan's Strategic Situations. The financing resulted in an extension of the Company's debt maturity schedule, with no significant maturities prior to 2025.
  • Moritt Hock & Hamroff (MHH) Launches Closely-Held/Family Business Practice Group
    May 17, 2021
    Moritt Hock & Hamroff (MHH) announced today that attorneys from its Corporate/M&A, Estate Planning and Employment Practice Groups have joined forces to create its Closely-Held/Family Business Practice Group. MHH continues its guiding principle of Strength In Partnership® in which its practice areas collaborate across the firm to service and advise business owners of closely-held companies.
  • Austin Financial Services Provides a $1.3MM Revolving Facility to a Privately owned Hosiery & Sock Manufacturer
    May 17, 2021
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $1.3MM revolving A/R and inventory facility to a 25+ year-old privately-owned hosiery and sock manufacturer. The Company was looking to grow by continuing to expand its customer base and sought a more flexible lender to replace its restrictive lending facility.
  • Keystone Agency Investors Secures $105 Million Senior Credit Facility with Madison Capital
    May 17, 2021
    Keystone Agency Investors (“KAI”), a strategic partnership between Keystone Insurers Group and Bain Capital Credit, today announced its entry into a $105 million Senior Credit Facility (“the Facility”) with Madison Capital Funding, LLC.
  • MUFG Expands Restaurant Finance Group with 9 New Hires
    May 17, 2021
    Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of nine bankers to the Restaurant Finance group of its Corporate and Investment Banking division. Two leadership hires among them are Managing Director Nick Cole, who will head the newly expanded group and report to Scott Hagel, MUFG's Head of U.S. General Industries; and Managing Director Quinn Hall, who will lead loan underwriting and portfolio management and report to Cole.
  • Stonebriar Commercial Finance Names Ben Carapezzi Director of Originations
    May 17, 2021
    Stonebriar Commercial Finance announced that Ben Carapezzi has joined the Company as Director of Originations. Based in Plano, Texas, Carapezzi will cultivate new and existing relationships to source fixed asset secured loan and lease opportunities.
  • Siena Healthcare Finance Provides a $12MM Facility to a California Based Non-Emergency Medical Transportation Company
    May 17, 2021
    Siena Healthcare Finance recently provided a $12.0MM working capital facility for a California based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle fleet. The Company provides services in five states and continues to grow contracts with health plans and providers.
  • Kristen Palmer Joins Iron Horse Credit as Business Development Officer
    May 17, 2021
    Iron Horse Credit, a leading stand-alone inventory lender, is proud to announce that it has hired Kristen Palmer as Business Development Officer. In her role, Kristen will be responsible for identifying new territories, partnership channels and building new client relationships.
  • Gordon Brothers Supports Salling Group in Major M&A deal in Poland
    May 17, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, has been engaged by Danish Salling Group, owner of the Netto chain, to exclusively manage the store sell-out program of the Polish Tesco stores and fulfil the mergers and acquisitions process.
  • DTE Energy Announces Launch of DT Midstream’s New Senior Secured Credit Facilities
    May 17, 2021
    Barclays Bank PLC is acting as joint lead arranger, joint lead bookrunner and administrative agent of the new senior secured credit facility.
  • Commercial Finance Partners Announces $500,000 Revolving Credit Facility
    May 17, 2021
    Commercial Finance Partners is pleased to announce a new $500,000 revolving credit facility for an oil and gas service provider. As part of Commercial Finance Partners new platform to fund both term and revolving credit facilities, the company originally provided a SBA 7(a) $5,000,000 acquisition loan to help the sponsor acquire the business.
  • Republic Capital Access Picked for Defense Department Trusted Capital Program
    May 17, 2021
    “All of us at Republic Capital Access are honored to have been selected to be part of the Defense Department’s Trusted Capital Marketplace,” said Ed Stucky, President and CEO of Republic Capital Access.
  • Cimpress Announces Closing of $1.16 Billion Term Loan B and Redemption of Second Lien Notes
    May 18, 2021
    Cimpress plc (Nasdaq: CMPR) has closed its previously announced $1.16 billion senior secured Term Loan B (the “Term Loan B”). In conjunction with this transaction, Cimpress redeemed all of the $300 million aggregate principal amount of its 12% second lien notes due 2025, which it issued one year ago during the height of pandemic uncertainty. Additionally, Cimpress’ Term Loan A due 2024 has been repaid and terminated and Cimpress repaid all amounts drawn under its revolving credit facility.
  • Hayward Industries Announces Successful Pricing and Allocation of New Senior Secured Term Loan Facility
    May 18, 2021
    Hayward Holdings, Inc. (NYSE: HAYW), a global designer, manufacturer and marketer of broad portfolio of pool equipment and associated automation systems, announced today that its indirect, wholly owned subsidiary Hayward Industries, Inc. (the “Company”) has successfully secured commitments for a senior secured term loan facility (“New Term Loan Facility”) in an aggregate principal amount of $1 billion.
  • Independence Realty Trust Announces Closing of $200 Million Term Loan
    May 18, 2021
    KeyBank National Association was the Administrative Agent and KeyBanc Capital Markets, Inc., Capital One, National Association and Regions Capital Markets were Joint Lead Arrangers.
  • mCloud Signs Commitment Letter for $5 Million Operating Line from ATB Financial
    May 18, 2021
    mCloud Technologies Corp. (TSX-V: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce it has executed a commitment letter with ATB Financial ("ATB") for a $5 million secured operating line (the "ATB Facility"). Proceeds of the ATB Facility will be used to repay amounts owed by the Company to HSBC Bank Canada and for general working capital purposes.
  • Monroe Capital Opportunistic Private Credit Group, Oak Hill Advisors, and Barclays Bank, PLC Support Vertical Bridge and Eco-Site Merger and its Future Build-to-Suit Tower Development
    May 18, 2021
    Monroe Capital LLC (“Monroe”), Oak Hill Advisors L.P. (“OHA”) and Barclays Bank, PLC (“Barclays”), acting as administrative agent, announced the closing of a $325.0 million credit facility to support Vertical Bridge REIT, LLC’s (“Vertical Bridge”) merger with Eco-Site, LLC (“Eco-Site”) and the combined company’s future development of build-to-suit locations throughout the country.
  • Micron Closes Sustainability-Linked Credit Facilities Totaling Nearly $3.7 Billion
    May 18, 2021
    These facilities comprise a five-year $2.5 billion sustainability-linked revolving credit facility, which matures in May 2026, and a nearly $1.2 billion sustainability-linked term loan A, which matures in October 2024. Crédit Agricole Corporate and Investment Bank (CIB) served as the sole sustainability structuring agent on both credit facilities.
  • Apollo Hires Craig Farr as Senior Partner
    May 18, 2021
    Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced that Craig Farr will join the Firm as a Senior Partner to lead Apollo’s capital solutions activities. In this newly created role, Mr. Farr will spearhead Apollo’s centralized origination, structuring and distribution platform, reporting directly to Apollo Co-Presidents, Scott Kleinman and Jim Zelter.
  • Wingspire Capital Provides $95 Million Senior Secured Facility to Fox Racing
    May 17, 2021
    Wingspire Capital announced today that it has provided a $95 million senior secured credit facility to Fox Racing, the global leader in motocross and mountain biking protective gear and apparel. The credit facility consists of a $35 million revolving line of credit and a $60 million term loan.
  • Healogics Announces New $240 Million Equity Investment to Support Future Growth
    May 17, 2021
    The Company also secured a new $30 million Revolving Credit Facility and a new $370 million First Lien Term Loan, both led by J.P. Morgan's Strategic Situations. The financing resulted in an extension of the Company's debt maturity schedule, with no significant maturities prior to 2025.
  • Moritt Hock & Hamroff (MHH) Launches Closely-Held/Family Business Practice Group
    May 17, 2021
    Moritt Hock & Hamroff (MHH) announced today that attorneys from its Corporate/M&A, Estate Planning and Employment Practice Groups have joined forces to create its Closely-Held/Family Business Practice Group. MHH continues its guiding principle of Strength In Partnership® in which its practice areas collaborate across the firm to service and advise business owners of closely-held companies.
  • Austin Financial Services Provides a $1.3MM Revolving Facility to a Privately owned Hosiery & Sock Manufacturer
    May 17, 2021
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $1.3MM revolving A/R and inventory facility to a 25+ year-old privately-owned hosiery and sock manufacturer. The Company was looking to grow by continuing to expand its customer base and sought a more flexible lender to replace its restrictive lending facility.
  • Keystone Agency Investors Secures $105 Million Senior Credit Facility with Madison Capital
    May 17, 2021
    Keystone Agency Investors (“KAI”), a strategic partnership between Keystone Insurers Group and Bain Capital Credit, today announced its entry into a $105 million Senior Credit Facility (“the Facility”) with Madison Capital Funding, LLC.
  • MUFG Expands Restaurant Finance Group with 9 New Hires
    May 17, 2021
    Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of nine bankers to the Restaurant Finance group of its Corporate and Investment Banking division. Two leadership hires among them are Managing Director Nick Cole, who will head the newly expanded group and report to Scott Hagel, MUFG's Head of U.S. General Industries; and Managing Director Quinn Hall, who will lead loan underwriting and portfolio management and report to Cole.
  • Stonebriar Commercial Finance Names Ben Carapezzi Director of Originations
    May 17, 2021
    Stonebriar Commercial Finance announced that Ben Carapezzi has joined the Company as Director of Originations. Based in Plano, Texas, Carapezzi will cultivate new and existing relationships to source fixed asset secured loan and lease opportunities.
  • Siena Healthcare Finance Provides a $12MM Facility to a California Based Non-Emergency Medical Transportation Company
    May 17, 2021
    Siena Healthcare Finance recently provided a $12.0MM working capital facility for a California based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle fleet. The Company provides services in five states and continues to grow contracts with health plans and providers.
  • Kristen Palmer Joins Iron Horse Credit as Business Development Officer
    May 17, 2021
    Iron Horse Credit, a leading stand-alone inventory lender, is proud to announce that it has hired Kristen Palmer as Business Development Officer. In her role, Kristen will be responsible for identifying new territories, partnership channels and building new client relationships.
  • Gordon Brothers Supports Salling Group in Major M&A deal in Poland
    May 17, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, has been engaged by Danish Salling Group, owner of the Netto chain, to exclusively manage the store sell-out program of the Polish Tesco stores and fulfil the mergers and acquisitions process.
  • DTE Energy Announces Launch of DT Midstream’s New Senior Secured Credit Facilities
    May 17, 2021
    Barclays Bank PLC is acting as joint lead arranger, joint lead bookrunner and administrative agent of the new senior secured credit facility.
  • Commercial Finance Partners Announces $500,000 Revolving Credit Facility
    May 17, 2021
    Commercial Finance Partners is pleased to announce a new $500,000 revolving credit facility for an oil and gas service provider. As part of Commercial Finance Partners new platform to fund both term and revolving credit facilities, the company originally provided a SBA 7(a) $5,000,000 acquisition loan to help the sponsor acquire the business.
  • Republic Capital Access Picked for Defense Department Trusted Capital Program
    May 17, 2021
    “All of us at Republic Capital Access are honored to have been selected to be part of the Defense Department’s Trusted Capital Marketplace,” said Ed Stucky, President and CEO of Republic Capital Access.