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Home > Chapters > Canada > News Detail
  • XEN and Creditsafe Partner to Put Credit Risk Data at the Forefront of Lending Decisions
    August 13, 2025
    XEN, a leading loan management platform for commercial lenders and factors, today announced a strategic partnership with Creditsafe, the global expert in credit monitoring and risk management. Through the partnership, Creditsafe’s robust credit risk data will integrate into XEN’s platform, allowing lenders to use credit risk data from over 430 million businesses worldwide to make more informed reliable credit decisions.
  • Citizens Financial Group Names Aunoy Banerjee of Barclays as Chief Financial Officer
    August 13, 2025
    Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Aunoy Banerjee as Executive Vice President and Chief Financial Officer. He will serve on the company’s Executive Committee and report to Chairman and CEO Bruce Van Saun.
  • CIBC Announces Senior Executive Leadership Changes
    August 13, 2025
    CIBC (TSX: CM) (NYSE: CM) today announced senior leadership appointments to its Group Executive Leadership Team that will position the bank for the future and further accelerate the execution of its client-focused strategy as Harry Culham assumes the role of President and CEO, November 1, 2025.
  • Rapid Micro Biosystems Enters into Five-Year, $45 Million Term Loan Facility with Trinity Capital Inc.
    August 13, 2025
    Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company” or “Rapid Micro”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that it has entered into a five-year, $45 million term loan facility with Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity Capital”).
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of BV Investment Partners' Acquisition of the Millennium Alliance
    August 12, 2025
    Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of BV Investment Partners' ("BV") acquisition of The Millennium Alliance ("Millennium" or the "Company"), a leading peer-to-peer sales enablement platform providing C-suite executive assemblies, dinners, and access to a variety of digital properties.
  • PlainsCapital Bank Welcomes Kyle Bennett to Victory Park
    August 12, 2025
    PlainsCapital Bank is pleased to welcome Kyle Bennett to its Dallas lending team as Vice President, Commercial Loan Officer. He will be based at the Bank’s One Victory Park location at 2323 Victory Avenue.
  • SLR Business Credit Provides $1.5 Million Factoring Facility to Robotics Integration Company
    August 12, 2025
    SLR Business Credit is pleased to announce the funding of a $1.5 million factoring facility for a privately held robotics integration company based in Dallas, Texas. The company is a leader in the distribution and integration of robotics technologies used across a wide range of industries, including education, healthcare, hospitality, and agriculture.
  • First Citizens Bank Arranges a $132 Million Debt Refinancing for Signet Maritime Corporation
    August 12, 2025
    First Citizens Bank today announced that its Capital Equipment Finance business arranged $132 million in debt refinancing for Signet Maritime Corporation, a marine transportation and logistics company headquartered in Houston, Texas.
  • MPLX Completes $4.5 Billion Public Offering of Senior Notes
    August 12, 2025
    Jones Day represented MPLX LP in connection with an SEC-registered offering of $4.5 billion aggregate principal amount of notes, including $1.25 billion of 4.80% senior notes due 2031, $750 million of 5.00% senior notes due 2033, $1.5 billion of 5.40% senior notes due 2035, and $1.0 billion of 6.20% senior notes due 2055. The Jones Day team was led by Michael Solecki (Cleveland) and Ferrell Keel (Dallas).
  • Lighthouse Provides $5,000,000 Credit Facility to a Florida-Based Manufacturer and Distributor of Steel Products
    August 12, 2025
    Lighthouse Financial Corp. is pleased to announce the completion of a $5,000,000 revolving line of credit to a Florida based manufacturer and distributor of steel products.
  • RelPro Earns Fifth Consecutive Inc. 5000 Ranking
    August 12, 2025
    RelPro, the business development and relationship management solution for Financial & Professional Services, has earned a place on the Inc. 5000 list for the fifth consecutive year, distinguishing RelPro as consistently one of the fastest-growing private companies in the United States. RelPro is ranked #3073 on Inc. Magazine’s list in 2025, published today, thanks to the continued growth of its client base, which now includes 9 of the top 10 U.S. Banks and 64% of the Top 50.
  • First Business Bank’s Asset-Based Lending Team Funds $6.85 Million Credit Facility For Refinance Of Texas Metal Parts Manufacturer
    August 12, 2025
    First Business Bank’s Asset-Based Lending team announces a recently closed and funded $6,850,000 revolving line of credit, CapEx equipment line of credit, and real estate term loan to fund the refinance of a Texas manufacturer of precision-machined metal parts.
  • Brian Trudgen Joins Mayer Brown in Chicago, Further Enhancing Firm’s Market Leading Leveraged Finance and Private Capital Capabilities
    August 12, 2025
    Mayer Brown announced that Brian Trudgen has joined the Chicago office as a partner in its Global Leveraged Finance and Private Capital Group. He joins from Jones Day.
  • Sound Point Capital Holds $1.1B Initial Close of Strategic Capital Fund III
    August 12, 2025
    Sound Point Capital Management, LP, a global alternative credit manager with more than $44 billion in assets under management1, announced the first close of Strategic Capital Fund III with $1.1 billion in capital commitments, “exceeding its first and final close targets of $500 million and $1 billion, respectively.”
  • First Financial Bank to Strategically Expand Presence in Chicago with the Complementary Acquisition of BankFinancial
    August 12, 2025
    First Financial (Nasdaq: FFBC) and BankFinancial (Nasdaq: BFIN) jointly announced today that they have entered into an agreement by which First Financial will acquire Chicago-based BankFinancial in an all-stock transaction, strategically expanding First Financial’s presence in the economically robust Chicagoland market with a strong core deposit franchise including 18 financial centers.
  • PennantPark Floating Rate Capital Ltd. Announces New Investment Venture with Hamilton Lane
    August 12, 2025
    PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) today announced that it has formed PennantPark Senior Secured Loan Fund II, LLC (“PSSL II”), a joint venture with a fund managed by Hamilton Lane (Nasdaq: HLNE) (“HL”). PSSL II is expected to invest primarily in middle market loans consistent with PFLT’s core origination and underwriting strategy.
  • Asante Announces Receipt of Net Proceeds From C$237M Equity Offering, Completion of Kinross Restructuring
    August 12, 2025
    Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package (the “Financing Package”), the Company has satisfied the conditions to first draw down under such definitive agreements.
  • TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success
    August 12, 2025
    TPI Composites, Inc. (NASDAQ: TPIC) announced today that it, together with its domestic subsidiaries (collectively, “TPI” or the “Company”), has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) to pursue a comprehensive restructuring of the Company that will allow the Company to emerge as a stronger enterprise.
  • Culain Capital Closes $3.75MM AR Facility for Hospitality & Facility Management Firm
    August 12, 2025
    Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $3,750,000 accounts receivable financing facility for a New York-based hospitality and facility management firm. The new facility provides essential working capital to support the company’s rapid growth and enable them to hire more employees to meet increasing demand.
  • SFNet Member Spotlight: Harney Partners
    August 11, 2025
    As a nationally-recognized corporate advisory firm, Harney Partners has helped hundreds of middle market organizations and their stakeholders rise above complex financial and operational situations. No matter how messy or complicated the challenge, we say “bring it on.”
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  • XEN and Creditsafe Partner to Put Credit Risk Data at the Forefront of Lending Decisions
    August 13, 2025
    XEN, a leading loan management platform for commercial lenders and factors, today announced a strategic partnership with Creditsafe, the global expert in credit monitoring and risk management. Through the partnership, Creditsafe’s robust credit risk data will integrate into XEN’s platform, allowing lenders to use credit risk data from over 430 million businesses worldwide to make more informed reliable credit decisions.
  • Citizens Financial Group Names Aunoy Banerjee of Barclays as Chief Financial Officer
    August 13, 2025
    Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Aunoy Banerjee as Executive Vice President and Chief Financial Officer. He will serve on the company’s Executive Committee and report to Chairman and CEO Bruce Van Saun.
  • CIBC Announces Senior Executive Leadership Changes
    August 13, 2025
    CIBC (TSX: CM) (NYSE: CM) today announced senior leadership appointments to its Group Executive Leadership Team that will position the bank for the future and further accelerate the execution of its client-focused strategy as Harry Culham assumes the role of President and CEO, November 1, 2025.
  • Rapid Micro Biosystems Enters into Five-Year, $45 Million Term Loan Facility with Trinity Capital Inc.
    August 13, 2025
    Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company” or “Rapid Micro”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that it has entered into a five-year, $45 million term loan facility with Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity Capital”).
  • Stellus Capital Management, LLC Provides Unitranche Financing in Support of BV Investment Partners' Acquisition of the Millennium Alliance
    August 12, 2025
    Stellus Capital Management, LLC ("Stellus") announced today that its affiliates provided senior debt financing and an equity co-investment in support of BV Investment Partners' ("BV") acquisition of The Millennium Alliance ("Millennium" or the "Company"), a leading peer-to-peer sales enablement platform providing C-suite executive assemblies, dinners, and access to a variety of digital properties.
  • PlainsCapital Bank Welcomes Kyle Bennett to Victory Park
    August 12, 2025
    PlainsCapital Bank is pleased to welcome Kyle Bennett to its Dallas lending team as Vice President, Commercial Loan Officer. He will be based at the Bank’s One Victory Park location at 2323 Victory Avenue.
  • SLR Business Credit Provides $1.5 Million Factoring Facility to Robotics Integration Company
    August 12, 2025
    SLR Business Credit is pleased to announce the funding of a $1.5 million factoring facility for a privately held robotics integration company based in Dallas, Texas. The company is a leader in the distribution and integration of robotics technologies used across a wide range of industries, including education, healthcare, hospitality, and agriculture.
  • First Citizens Bank Arranges a $132 Million Debt Refinancing for Signet Maritime Corporation
    August 12, 2025
    First Citizens Bank today announced that its Capital Equipment Finance business arranged $132 million in debt refinancing for Signet Maritime Corporation, a marine transportation and logistics company headquartered in Houston, Texas.
  • MPLX Completes $4.5 Billion Public Offering of Senior Notes
    August 12, 2025
    Jones Day represented MPLX LP in connection with an SEC-registered offering of $4.5 billion aggregate principal amount of notes, including $1.25 billion of 4.80% senior notes due 2031, $750 million of 5.00% senior notes due 2033, $1.5 billion of 5.40% senior notes due 2035, and $1.0 billion of 6.20% senior notes due 2055. The Jones Day team was led by Michael Solecki (Cleveland) and Ferrell Keel (Dallas).
  • Lighthouse Provides $5,000,000 Credit Facility to a Florida-Based Manufacturer and Distributor of Steel Products
    August 12, 2025
    Lighthouse Financial Corp. is pleased to announce the completion of a $5,000,000 revolving line of credit to a Florida based manufacturer and distributor of steel products.
  • RelPro Earns Fifth Consecutive Inc. 5000 Ranking
    August 12, 2025
    RelPro, the business development and relationship management solution for Financial & Professional Services, has earned a place on the Inc. 5000 list for the fifth consecutive year, distinguishing RelPro as consistently one of the fastest-growing private companies in the United States. RelPro is ranked #3073 on Inc. Magazine’s list in 2025, published today, thanks to the continued growth of its client base, which now includes 9 of the top 10 U.S. Banks and 64% of the Top 50.
  • First Business Bank’s Asset-Based Lending Team Funds $6.85 Million Credit Facility For Refinance Of Texas Metal Parts Manufacturer
    August 12, 2025
    First Business Bank’s Asset-Based Lending team announces a recently closed and funded $6,850,000 revolving line of credit, CapEx equipment line of credit, and real estate term loan to fund the refinance of a Texas manufacturer of precision-machined metal parts.
  • Brian Trudgen Joins Mayer Brown in Chicago, Further Enhancing Firm’s Market Leading Leveraged Finance and Private Capital Capabilities
    August 12, 2025
    Mayer Brown announced that Brian Trudgen has joined the Chicago office as a partner in its Global Leveraged Finance and Private Capital Group. He joins from Jones Day.
  • Sound Point Capital Holds $1.1B Initial Close of Strategic Capital Fund III
    August 12, 2025
    Sound Point Capital Management, LP, a global alternative credit manager with more than $44 billion in assets under management1, announced the first close of Strategic Capital Fund III with $1.1 billion in capital commitments, “exceeding its first and final close targets of $500 million and $1 billion, respectively.”
  • First Financial Bank to Strategically Expand Presence in Chicago with the Complementary Acquisition of BankFinancial
    August 12, 2025
    First Financial (Nasdaq: FFBC) and BankFinancial (Nasdaq: BFIN) jointly announced today that they have entered into an agreement by which First Financial will acquire Chicago-based BankFinancial in an all-stock transaction, strategically expanding First Financial’s presence in the economically robust Chicagoland market with a strong core deposit franchise including 18 financial centers.
  • PennantPark Floating Rate Capital Ltd. Announces New Investment Venture with Hamilton Lane
    August 12, 2025
    PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) today announced that it has formed PennantPark Senior Secured Loan Fund II, LLC (“PSSL II”), a joint venture with a fund managed by Hamilton Lane (Nasdaq: HLNE) (“HL”). PSSL II is expected to invest primarily in middle market loans consistent with PFLT’s core origination and underwriting strategy.
  • Asante Announces Receipt of Net Proceeds From C$237M Equity Offering, Completion of Kinross Restructuring
    August 12, 2025
    Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package (the “Financing Package”), the Company has satisfied the conditions to first draw down under such definitive agreements.
  • TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success
    August 12, 2025
    TPI Composites, Inc. (NASDAQ: TPIC) announced today that it, together with its domestic subsidiaries (collectively, “TPI” or the “Company”), has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) to pursue a comprehensive restructuring of the Company that will allow the Company to emerge as a stronger enterprise.
  • Culain Capital Closes $3.75MM AR Facility for Hospitality & Facility Management Firm
    August 12, 2025
    Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $3,750,000 accounts receivable financing facility for a New York-based hospitality and facility management firm. The new facility provides essential working capital to support the company’s rapid growth and enable them to hire more employees to meet increasing demand.
  • SFNet Member Spotlight: Harney Partners
    August 11, 2025
    As a nationally-recognized corporate advisory firm, Harney Partners has helped hundreds of middle market organizations and their stakeholders rise above complex financial and operational situations. No matter how messy or complicated the challenge, we say “bring it on.”
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