Pinnacle Capital Finance is proud to announce the issuance of a $4MM asset-based line of credit to a veteran owned, Southern California based energy service provider. The company provides engineering & consulting services to various sectors, including oil, natural gas, rail, highway infrastructure, public supported projects as well as international, federal, state and local governments.

Kirkland & Ellis LLP is serving as legal adviser, Lazard is serving as financial adviser, and Alvarez & Marsal North America, LLC is serving as restructuring adviser to Belk. Latham & Watkins LLP is serving as legal advisor to Sycamore Partners. Willkie Farr & Gallagher LLP is serving as legal advisor and PJT Partners LP is serving as financial advisor to the Ad Hoc Crossover Lender Group and O'Melveny & Myers LLP is serving as legal advisor and Evercore is serving as financial advisor to the Ad Hoc First Lien Lender Group.

Cineplex Inc. ("Cineplex" or the "Company") (TSX: CGX) announced today that it has entered into a third amendment (the "Third Amendment") to the seventh amended and restated credit agreement with its lenders. The Third Amendment provides for, among other things, the continued suspension of financial covenant testing until the fourth quarter of 2021 upon certain conditions being met, including completion of a minimum $200 million financing by the Company of second lien secured notes on or prior to March 31, 2021 with a maturity of at least five years.

Ortho Clinical Diagnostics Holdings plc (Nasdaq: OCDX) ("Ortho"), one of the world's largest pure-play in vitro diagnostics companies, today announced that certain of its subsidiaries successfully amended their June 30, 2014 credit agreement (the “Credit Agreement”) on February 5, 2021. The amendment increases the revolving credit facility under the Credit Agreement by $150 million to an aggregate amount of $500 million and extends the maturity date to February 26, 2026, provided that such date may be accelerated subject to certain circumstances.

Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the "Company") today announced that it has entered into amendments to its credit agreements with its senior secured credit facility lenders to, among other things, refinance and extend the maturity of a portion of its revolving credit facility and extend until March 31, 2022 the period during which the secured net leverage ratio requirements of the financial covenants in the credit agreements are replaced with a minimum liquidity test. The Company entered into the Fifth Amendment to its Amended & Restated Credit Agreement (the "Fifth Amendment") with Deutsche Bank AG New York Branch, as Administrative Agent and lender

Encina Lender Finance, LLC (“ELF”) announced today that it has provided a $25 million senior credit facility to an affiliate of LAGO Innovation Fund I, L.P. (“LAGO”), which provides venture debt financing to a range of high-growth companies participating in the “Innovation Economy”.

Hedaya Capital is pleased to announce a Factoring and Inventory Facility provided to a well-known Wisconsin paper mill purchased by an investor and management group. Due to the impact of Covid-19 on its business, the mill struggled to stay afloat and abruptly closed, laying off over a hundred workers. Things turned around when a new buyer emerged and Hedaya Capital was able to provide flexible financing to support the venture. The mill produces paper products used in the manufacturing of corrugated boxes and for other commercial applications.

Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Candid Partners, a leading tech-enabled, multi-cloud consulting firm, on its sale to McKinsey & Company, a global management consulting firm. Founded in 2013 in Atlanta, Candid is the largest independent dedicated cloud consulting firm in the United States. The company has deep, technical expertise across Amazon Web Services, Microsoft Azure and Google Cloud Platform.

SG Credit Partners provided a $6 million guarantor-based loan for a single-asset real estate holding company operating as a subsidiary of a broader multi-family / student housing real estate syndication portfolio. The Company needed capital quickly to execute on additional portfolio purchases and support working capital at the parent level, where COVID-19 restrictions had temporarily affected occupancy rates at some of the student housing assets.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has recently extended a new credit facility for Freeport, Maine-based Eastland Shoe Corp. By taking the time to understand the company’s unique needs and challenges, CSB’s Asset-Based Lending team created a custom solution for Eastland that will enable the company to refinance existing debt, as well as provide additional liquidity that the company will utilize to support multiple growth initiatives.

Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business. The new three-year revolving facility complements the Company’s strong balance sheet and is a key element of its growth and capital management strategies for 2021 and beyond. The facility is lower cost than Splitit’s existing funding and its use is expected to increase Splitit’s gross margins over time.

AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced that it has executed an amendment to its existing senior secured credit facilities. The amendment extends the maturity of the facilities to 2026 and reduces the Company’s borrowing costs, which is aligned with the needs of the Professional Services business. The amended facilities consist of a $1.15 billion revolving credit facility and a $247 million Term Loan A U.S. facility.

QueensGiant, a specialty boutique investment bank focused on Lender Finance and Fintech, announced it help arrange a $55 million senior credit facility for a purchase finance company. This new facility will help refinance existing debt as well as offer increased capacity to finance consumer purchases at the point-of-sale.

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 $23.5 million senior credit facility and revolving line of credit to Prosper Life Care Inc. ("Prosper Life" or “the Company), a management company with over three decades of combined experience in healthcare, Prosper Life specializes in assisted living and memory care.

Armstrong Teasdale proudly announces the acquisition of London firm Kerman & Co., effective Feb. 5, 2021. The addition of over 50 lawyers and staff bolsters Armstrong Teasdale’s roster to over 340 lawyers and over 300 staff professionals around the world.

Summit Hotel Properties, Inc. (NYSE: INN) (together with its consolidated subsidiaries, the "Company") today announced that it has amended the credit agreements for its $400 million revolving credit facility and three senior term loans totaling approximately $550 million to enhance overall flexibility and extend the financial covenant waiver period through March 31, 2022, unless terminated earlier at the Company's option.

Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today that it has entered into a $50 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility matures on February 25, 2022. The Credit Facility replaces the Fund’s $75 million unsecured revolving credit facility that was scheduled to mature on February 8, 2021.

Huntington Business Credit announced it closed new $30,000,000 credit facilities with GNS North America, Inc on December 31, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.

Within the past year, the United States Department of Agriculture (USDA) invested a record $40 billion in rural communities. With considerable investments made to help bolster local economies in rural America, North Avenue Capital (NAC), a specialized commercial lender, was instrumental in providing over $130 million in USDA-backed loans to their clients across the United States.

Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its January 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. January experienced the lowest monthly number of new bankruptcy filings across all chapters since February 2006 (26,617 filings) with only 32,298 filings. The continued slide represents a decrease of 6% over December 2020 filings, and a 44% decrease over January 2020 filings where there were 58,161 new cases. Commercial filings across all chapters fell to 2,124 new cases, a 7% drop over December 2020 and a 42% drop over January 2020, which had a total of 3,560 new cases.