Pacific Western Bank today announced it has provided a $6 million credit facility to new client, Cradle Genomics, creator of non-invasive prenatal testing solutions to be offered at the earliest stages of pregnancy. The company will utilize the facility to support its rapidly expanding team and accelerate the development of proprietary technology enabling comprehensive and safe prenatal tests to be delivered as early as five weeks into a pregnancy.

Siena Lending Group LLC (“Siena”) announces it has surpassed $1.0 billion in closed credit facilities with the completion of a $25.0 million asset-based revolving credit facility for an integrated packaging company headquartered in California.

Trainor is the sixth attorney to join the Firm’s national Corporate, M&A, and Securities group in 2020. Masha focuses her practice on international and domestic mergers and acquisitions, corporate governance matters, joint ventures, private debt and equity financings, commercial transactions, and contract management, as well as venture capital and private equity transactions

BankFinancial NA (“the Bank”), the national banking association subsidiary of BankFinancial Corporation (Nasdaq - BFIN) announced today the expansion of BankFinancial Commercial Real Estate Capital Markets.

2020 has been busy for North American sustainability-linked loans with many firsts. Following previous sustainability-linked loan developments in Europe, US volume more than quadrupled to $18bn in 2019 from $4 billion in 2018 while global volume nearly tripled to $113 billion from $48 billion.

CIT Group Inc. (NYSE: CIT) announced that its Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities in California, Nevada and Washington between New Generation Health LLC (New Gen) and affiliates of Genesis Healthcare Inc. (Genesis).

Tenneco Inc. (NYSE: TEN) today announced that it has reached an agreement with its senior lenders to amend the leverage covenant ratio of its senior credit facility, which increases the Company's maximum net leverage ratio to 4.50 through the first quarter of 2021. Moving forward, the covenant decreases gradually until 3.50 is reached by the fourth quarter of 2022.

Triumph Business Capital, member of the Triumph Bancorp, Inc. group and provider of working capital financing solutions to small- and medium-sized businesses, announced today the hiring of Erik T. Bahr as executive vice president of sales. He will report to Geoff Brenner, chief executive officer.

Grant Thornton LLP has named David Platt as its regional managing partner for the firm’s East region. In the role, Platt will oversee a consolidated geographic area covering the firm’s East Coast operations. In addition, Grant Thornton has expanded Nichole Jordan’s role as its regional managing partner for the firm’s Central region – adding the Midwest geographic area to a portfolio that previously consisted of Kansas, Missouri, Nebraska, Oklahoma and Texas.

Antares announced that it served as lead left arranger and is acting as administrative agent for a senior secured credit facility to support Sentinel Capital Partners’ acquisition of ECM Industries. Headquartered in New Berlin, WI, ECM Industries is a global manufacturer and supplier of electrical products for construction, maintenance, lighting, irrigation, landscape supply and gas utility markets.

Golub Capital acted as the Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $1.6 billion GOLD facility to finance a substantial strategic investment in MRI Software by funds managed by Harvest Partners, LP and refinance existing indebtedness. GOLD facilities are Golub Capital One-Loan Debt facilities.

Landmark approval signifies pivotal moment for banking industry, formalizing mobile-first brand's massive role in providing consumers greater choice and leading digital experiences

The Boy Scouts of America (BSA) today announced that the national organization has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code to achieve two key objectives: equitably compensate victims who were harmed during their time in Scouting and continue carrying out its mission for years to come. The BSA intends to use the Chapter 11 process to create a Victims Compensation Trust that would provide equitable compensation to victims.

Pier 1 announced Monday that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the company. The company said it plans to use this process to complete the previously announced closure of up to 450 store locations, including all Canadian locations. Prior to filing Chapter 11, Pier 1 said it entered into an agreement with the majority of its term loan lenders and secured commitments of approximately $256 million in debtor-in-possession financing from Bank of America, Wells Fargo, and Pathlight Capital.

North Mill Capital is pleased to announce the funding of a $3,000,000 revolving line of credit and a $500,000 equipment term loan facility to Seating Concepts, LLC. The proceeds were used to pay off the existing lender and provide additional working capital.

Allegiant Travel Company (today announced the closing of the amended agreement of its existing term loan with Barclays Bank PLC as administrative agent. Barclays Bank PLC, Goldman Sachs Lending Partners LLC and Credit Agricole Corporate and Investment Bank served as lead arrangers, bookrunners and syndication agents for the transaction. The amendment effects a repricing and upsizing of the Term Loa

Omnicom Group Inc. (NYSE: OMC) announced today the amendment and extension of its multiyear revolving credit facility to February 2025. Amounts available for borrowings under the facility are unchanged at $2.5 billion. The agreement includes two one-year extensions of the facility on any anniversary date with bank approvals.

Stonybrook Capital is pleased to announce the completion of a capital raise for a $45,000,000 senior secured credit facility for Cypress Group Holdings, Inc. (“Cypress”). Stonybrook Capital served as the exclusive financial advisor to Cypress on this transaction.

Greenfields Petroleum Corporation (the “Company” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces that Vitol Energy (Bermuda) Ltd. (“Vitol”), the Company’s senior debt lender, has agreed to further amend the forbearance agreement executed on November 28, 2019 and previously amended on January 3, 2020 (the "Forbearance Agreement"), by extending the forbearance period and deferred payments due under the senior secured loan agreement with the Company (the "Vitol Loan") until March 16, 2020.

Webster Bank is pleased to announce that Jason Soto, Chief Credit Officer, has been promoted to executive vice president, responsible for credit risk activities across the organization. He reports to directly to Daniel Bley, executive vice president and Chief Risk Officer.