Farmer Bros. Co. (NASDAQ: FARM) (the “Company”) today announced it has amended its credit facility with JPMorgan Chase Bank, N.A to increase the Company’s flexibility in supporting its current and future business operations as the COVID-19 situation continues to evolve. The Company also provided a business update for the fourth quarter of 2020.

The Federal Reserve Board on Tuesday announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide certainty that the facilities will continue to be available to help the economy recover from the COVID-19 pandemic.

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a pre-packaged food manufacturer based in Illinois. The proceeds are being used to fund the company’s continued growth during COVID 19.

Leading global professional services firm Alvarez & Marsal (A&M) has announced the appointment of Rafael Aguirre as a Managing Director with the firm’s Global Transaction Advisory Group, based in Mexico City. His joining aligns the firm’s global perspective with its boots-on-the-ground approach and meets the Latin America market’s growing need for cross-border M&A, given an anticipated uptick in trade activity stemming from the United States-Mexico-Canada Agreement (USMCA).

Laybuy, a global leader in 'Buy Now, Pay Later' (BNPL) technology, announced today that it has secured a £80 million debt facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. With plans for continued international expansion, the funding from VPC will fuel Laybuy’s growth in the UK.

Enova International (NYSE: ENVA) and OnDeck® (NYSE: ONDK), today announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume weighted average price and a 90.4% premium based on the closing price of $0.73 per OnDeck share on July 27, 2020. This transaction brings together two complementary, market-leading businesses combining world-class capabilities in consumer and small business online lending.

J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in California; $75,000 to a transportation company in Quebec; $120,000 to a transportation company in Texas; $200,000 to a transportation company in Illinois.

Gordon Brothers, the global advisory, restructuring and investment firm, announced that Thomas Pedulla has joined the company as President of Real Estate. Pedulla will lead the growth and expansion of Gordon Brothers’ real estate group. Pedulla inherits a team of seasoned real estate professionals with a multidecade track record of successful transactions ranging from lease terminations and restructurings to fee-owned property acquisition and disposition.

Monroe Capital LLC today announced an increase in the credit facility to Magneto & Diesel Injector Service, Inc. (“M&D”) to support the acquisition of an Automotive Parts Company. M&D is an existing portfolio company of Warren Equity Partners. The automotive parts company is a provider of aftermarket and remanufactured components for heavy duty diesel engine repairs. M&D is a leading independent distributor and remanufacturer of aftermarket parts and components for maintaining and repairing diesel-powered engines.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Brett Goodwin has joined the firm as Chief Financial Officer. Brett will be based in Westport, CT and will be responsible for overseeing and managing the financial operations of the firm.

Pathlight Capital LP (“Pathlight”) announced it is serving as the Administrative Agent on the recently funded $70,000,000 Senior Secured Term Loan facility for Armstrong Flooring, Inc. (“Armstrong” or the “Company”), a global manufacturer of innovative flooring solutions serving customers in commercial and residential markets. The Term Loan, which was completed and funded on June 23, 2020, will be used for business transformation and growth initiatives, working capital needs and general corporate purposes.

TD Bank, America's Most Convenient Bank®, has appointed Jyotsana "Jo" Jagadish Head of Commercial Operating Products and Payment Innovation, a new role focused on developing and executing a strategy that positions TD as a partner of choice for commercial fintechs by engaging in market intelligence, developing potential partnerships and managing fintech relationships. In this role, Jagadish will also lead a team focused on mature commercial operating products and revenue management.

BMO Capital Markets acted as sole financial advisor to AgroFresh and left-lead bookrunner on the amendment and extension of AgroFresh’s senior secured credit facilities with Deutsche Bank and ING acting as joint lead arrangers and joint bookrunners. Greenberg Traurig, LLP acted as legal advisor to AgroFresh. Evercore and Kirkland & Ellis, LLP were the financial and legal advisors to Paine Schwartz, respectively. White & Case, LLP acted as the lenders’ counsel.

Bryant Park Capital ("BPC"), a leading middle-market investment bank, announced today that Multi Funding, Inc ("Multi Funding" or the "Company") recently closed on a $30 million senior debt transaction with a leading international bank. This capital injection will allow the company to accelerate top line revenue, expand its physical footprint, and operate as a significant player in the pre-settlement space. BPC served as the exclusive financial advisor to Multi Funding in connection with this transaction.

Bank Leumi USA announced today that it has appointed Jerry Lumpkins Commercial Real Estate Lead for Chicago. In this role, Lumpkins will focus on commercial investment real estate transactions, including multifamily, retail, office, and industrial properties throughout the Midwest. Lumpkins brings two decades of experience in commercial and real estate banking with 15 years’ expertise in the Chicago commercial banking market. He joins Leumi from BMO Harris Bank, where he was Director of Commercial Banking.

Sunwest Bank is pleased to welcome Paul Simmons as its new Executive Vice President and Chief Credit Officer. In this role, Simmons will be responsible for managing the bank's asset quality and lending portfolio to ensure it continues to meet the organization's goals. Prior to joining Sunwest Bank, Simmons held leadership roles with Citigroup, GE Capital, Apollo Real Estate Advisors and Zions Bancorporation. Simmons also served as Chief Credit Officer for two publicly held banks, Banc of California, and most recently, with Silvergate Bank.

TradeCap Partners, LLC (“TradeCap”) recently announced the closing of a $1,500,000 trade finance facility for a promotional products importer located in the Southwest. The company had experienced sizeable growth in fiscal year 2019, financed primarily with the help of favorable payment terms with its overseas supplier and a long standing factoring relationship. Growth in 2020 started out strong with performance exceeding projections.

The nation’s biggest mall owner is once again partnering to help save the bankrupt retailer Brooks Brothers. Sparc Group LLC, which is made up of Simon Property Group and Authentic Brands Group, has made a $305M bid for Brooks Brothers. The offer, which is subject to higher bids and court approval, is to purchase substantially all the retailer’s global business operations as a going concern and a commitment to keep at least 125 of Brooks Brothers’ stores open for business.

Rosehill Resources Inc. and Rosehill Operating Company, LLC announced today that they have commenced voluntary Chapter 11 cases (under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms of the previously announced Restructuring Support Agreement (the “RSA”) between the Company, the lenders under Rosehill’s revolving first lien credit facility, holders of Rosehill’s second lien notes and the Company’s Series B Preferred Stock, and Tema Oil and Gas Company, as the holder of approximately 66.8% of the equity interests in the Company and 35.2% of the equity interests in Rosehill Operating and party to the Company’s Tax Receivable Agreement.

California Resources Corporation (OTC: CRCQQ) announced today that it has entered into an amended and restated Restructuring Support Agreement with approximately 85% of the holders of its term loans due 2017 and 68% of the holders of its unsecured and deficiency debt claims. Reflecting this consensus, CRC has filed a plan of reorganization in its chapter 11 case that provides for the elimination of over $5 billion of debt and mezzanine equity interest, the consolidation of CRC’s ownership in the Elk Hills power plant and cryogenic gas plant, and the payment of all valid trade, employee, retiree, customer, vendor, regulatory and contingent claims in full in cash in the ordinary course of business.