COVID-19 pandemic affects markets, according to a Reuters report. The company originally discussed extending maturities on its $16.5 billion credit facilities with banks in early March, according to the report. But instability caused by the pandemic has impacted liquidity concerns for both the company, and for banks.

Retailers both in and out of bankruptcy court are informing landlords that they’re cutting or withholding rents as customers shelter at home and states order most merchants to close.

Under Armour, Inc. UAA further detailed actions to cope with challenges tied to the coronavirus pandemic. In view of heightened uncertainty, the company called off first quarter and 2020 view as well as informed that its stores, which have been closed effective Mar 16, will remain shut till further notice. It had earlier issued a cautionary statement that the coronavirus outbreak in China is likely to hurt first-quarter 2020 sales. Additionally, management issued updates on its restructuring efforts to strengthen financial position.

Village Farms International, Inc. ("Village Farms" or the "Company") (TSX: VFF; NASDAQ: VFF) today announced its majority-owned joint venture for large-scale, low-cost, high-quality cannabis production, Pure Sunfarms, has satisfied all pre-conditions and completed its previously announced expansion of its credit facility with its existing lender to $59 million , including accordion provisions of $22.5 million . (All figures are in Canadian dollars.)

Workday Inc. disclosed in a Monday filing that it received a term-loan facility of $750 million and a revolver of $750 million on April 2. The company had an outstanding term loan of $500 million as of April 2, the company said in its filing. Workday shares are up 4% in premarket trading Monday.

Hundreds of financial institutions across the U.S. are using Lendio’s streamlined digital application to facilitate COVID-19 relief funds for their small business clients Lendio, the nation’s leading small business loan marketplace, today announced the launch of an online application for small business owners to access the $349 billion in government funds set aside for the Paycheck Protection Program (PPP).

Simmons Energy, A Division of Piper Sandler, acted as exclusive financial advisor to the Special Committee of the Board of Directors for U.S. Well Services, Inc.

U.K. financial regulators have sent clear signals, reinforced in an FCA statement published last week, that firms should stop issuing sterling-linked Libor cash products by the 3rd quarter of 2020 ahead of its discontinuation at the end of 2021. As a result, Mount Street and Paul Hastings LLP have joined forces to create a streamlined, process driven service offering to replace LIBOR in existing CRE loan documentation.

Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a steel fabricator based in Montana. The proceeds were used to refinance existing bank debt and to support the company’s continued growth.

TD Bank Group, of which TD Bank, America's Most Convenient Bank® is part, announced that there will be no job losses in 2020 as a result of COVID-19. Today's action follows the company's decision last week to introduce a special award of up to $1,000 along with two additional paid vacation days on top of the 10 days for all Colleagues previously announced. This benefit is available to part-time and full-time Colleagues who don’t currently have the option to work from home.

SSG Capital Advisors, LLC (“SSG”) acted as the investment banker to American Global Logistics, LLC (“AGL” or the “Company”) in the sale of substantially all of its assets to Terra Worldwide Logistics, LLC. The transaction closed in March 2020. Headquartered in Atlanta, Georgia, American Global Logistics is a 3PL freight forwarder and 4PL technology solutions provider that empowers businesses to solve their biggest supply chain challenges.

Gordon Brothers, the global advisory, restructuring, and investment firm, announces the acquisition of the real property and machinery and equipment associated with Procter & Gamble’s Kansas City, Kansas facility. The acquisition was completed in conjunction with joint venture partner New Mill Capital.

Tech Capital, LLC, the asset-based finance company and wholly owned subsidiary of Tech CU, announced today that Randall Haney has joined the company as its new Vice President of Business Development. In his role, he will be responsible for business development.

SFNet’s CEO submitted a letter to US Treasury Secretary Mnuchin and Administrator Carranza of the Small Business Administration

As of March 31, 2020, the US Treasury Department has issued the application form and other guidance in connection with the Paycheck Protection Program which can be found on its website: https://home.treasury.gov/cares

The SFNet's COVID-19 Discussion group is a open forum for members to partake and add posts about the effect that the Coronavirus pandemic is having on their business.

Legacy Housing Corporation (the “Company”) (NASDAQ: LEGH), a leader in the manufactured housing industry, today announced the closing of a new four-year credit agreement with Capital One, N.A. (“Capital One”) that replaces the current agreement with Capital One that was due to expire on May 11 of this year.

U.S. Well Services, Inc. (USWS) today announced it has entered into an Amended and Restated Senior Secured Term Loan Credit Agreement (the “Amended Term Loan Facility”) with CLMG Corp. (the “Lenders”) that provides for a suspension of scheduled principal and interest payments for 24 months. Under the terms of the Amended Term Loan Facility, U.S. Well Services’ next scheduled principal and interest payment to the Lenders will be due June 30, 2022.

Darryl White, Chief Executive Officer, BMO Financial Group leads the discussion. Following BMO Financial Group's 2020 Annual Meeting of Shareholders, BMO is providing access to a podcast featuring diverse perspectives on the economic and social impacts of the COVID-19 pandemic and how businesses must evolve and adapt to changing conditions.

BofA Securities, Inc and MUFG Bank, Ltd. acted as joint lead arrangers and joint bookrunners. Bank of America, N.A. acted as the administrative agent and MUFG Bank, Ltd. acted as the syndication agent. Also participating in the bank syndicate are TD Securities (USA) LLC, Barclays, Goldman Sachs Bank USA, Standard Chartered Bank, and The Northern Trust Company.