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Home > Chapters > Canada > News Detail
  • Progress Software Announces Amended Credit Facility
    July 22, 2025
    Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity date to July 31, 2030.
  • Madrigal Pharmaceuticals Secures $500 Million in Senior Secured Credit from Blue Owl Managed Funds to Further Extend Leadership Position in MASH
    July 22, 2025
    Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced that it has entered into a $500 million senior secured credit facility with funds managed by Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, to primarily advance Madrigal’s pipeline to further extend its leadership position in MASH.
  • Mountain Ridge Capital Provides $6.0 Million Credit Facility to Consumer Products Company
    July 22, 2025
    Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $6.0 million senior secured credit facility to a California based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives.
  • $6 Million in Growth Capital from eCapital Enables Midwest Logistics Firm’s Expansion Plans ​
    July 22, 2025
    eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $6 million accounts receivable facility to accelerate the trajectory of a Midwest-based logistics company.
  • Salem Five Bank Extends New Credit Facility to BWD Technologies, Fueling Automotive Growth for Laser Blanking Leader
    July 22, 2025
    Salem Five Bank, a full-service financial services organization with over $8B in assets, today announced that it has provided a credit facility to BWD Technologies (Blanking Without Dies), representing the first asset-based lending (ABL) initiative from its new Business Credit team.
  • Kapitus Closes $250 Million Securitization and Upsizes Corporate Note to $95 Million
    July 22, 2025
    Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $250 million asset-backed securitization (ABS). The facility, which has a 3-year revolving period and is expandable to $500 million, was rated by Kroll Bond Rating Agency, LLC (KBRA), with Truist Securities, Inc., as the sole structuring agent and bookrunner.
  • Rosenthal Capital Group Closes $10.5 Million Asset-Based Loan Facility for High-Performance Textile Company
    July 22, 2025
    Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $10.5 million asset-based loan (ABL) facility for a leading textile manufacturing and distributor based in New York.
  • Encina Private Credit Provides $150 Million as Revolver Agent in a $525 Million Senior Secured Credit Facility to Specialty1
    July 22, 2025
    Encina Private Credit, LLC (“Encina”) provided a $150 million commitment consisting of a revolver and term loan in the $525 million Senior Secured Credit Facility.
  • SG Credit Announces A Senior Debt Investment in Murphy's Naturals
    July 22, 2025
    SG Credit Partners, through its Consumer Products division, is pleased to announce a senior debt investment in Murphy’s Naturals, a leading outdoor lifestyle brand on a mission to help people enjoy life outdoors with worry-free, plant-powered mosquito repellents and personal care products.
  • Assembled Brands Provides Asset-Backed Capital to Ana Luisa to Fuel Continued Growth
    July 22, 2025
    Assembled Brands announced a new credit facility with Ana Luisa, a pioneering jewelry brand that has rapidly grown into a recognized leader in the sustainable luxury market. This financing partnership provides Ana Luisa with the flexible capital necessary to support rapid growth, optimize its robust supply chain, and accelerate the development of new products.
  • Evolution Credit Partners Surpasses $1B In Credit Protection as Companies Seek Alternatives to Traditional Trade Credit Insurance
    July 22, 2025
    Evolution Credit Partners Management, LLC (“Evolution”), a leading provider of single buyer, non-cancellable Trade Credit Protection (“TCP”) for accounts receivable from high-yield buyers, today announced it has delivered more than $1 billion in protection since launching its TCP business in late 2020.
  • Financial Services Partner Peter Palladino Joins Holland & Knight in Boston ​
    July 22, 2025
    Peter Palladino, a leading finance practitioner known for his loan structuring and negotiation, workout and insolvency experience, has joined Holland & Knight as a partner in Boston. Mr. Palladino was previously a partner at Choate Hall & Stuart, where he served in various leadership roles.
  • Culain Capital Closes $3,750,000 AR Facility for Luxury Bedding and Linens Provider
    July 22, 2025
    Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $3,750,000 accounts receivable financing facility for a luxury bedding and linens supplier headquartered in New York City.
  • Great Rock Capital Closes $1.1 Billion Leverage Facility with Capital One N.A.
    July 22, 2025
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a senior secured leverage facility agented by Capital One, National Association (“Capital One”) that provides over $1.1 billion of capital.
  • LifeScan Reaches Milestone Transaction to Improve Financial Flexibility and Enable Future-Focused Investments
    July 21, 2025
    LifeScan, Inc., (“LifeScan” or the “Company”), a world leader in blood glucose monitoring, today announced that it has entered into a Restructuring Support Agreement (“RSA”) with its first- and second-lien lenders and current equity sponsor, Platinum Equity, that will transform its balance sheet and position the Company for a stronger and more profitable future
  • Ares Management Announces Appointment of Sarah Cole as Co-Head of Global Capital Solutions
    July 21, 2025
    Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the appointment of Sarah Cole as Partner and Co-Head of the Ares Global Capital Solutions team alongside current Partner and group Co-Head Roshan Chagan.
  • ​ Construction Equipment Rental Firm based in Georgia Receives $3,000,000 Facility from Prestige Capital
    July 21, 2025
    A leading Georgia-based provider of drilling equipment and foundation tools for the construction industry has secured a $3,000,000 financing facility from Prestige Capital. The company, which offers new, used, and rental equipment, was referred by a New Jersey-based consulting firm.
  • Flatbay Capital Provides a $1.4MM CRE Line of Credit to Returning Client
    July 21, 2025
    Flatbay Capital provided a $1.4MM CRE line of credit for an international company specializing in drilling and excavation services for working capital.
  • Trinity Capital Inc. Provides Alt Platform Inc. with up to $40 Million Asset Based Credit Facility
    July 21, 2025
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of up to $40 million in an asset based revolving credit facility to Alt, a dynamic online marketplace that facilitates buying, selling, vaulting, and loans against investment-grade trading cards.
  • nFusion Capital Provides $1.25 Million ABL Facility for ATX Specialty Foods
    July 21, 2025
    ATX Specialty Foods (ATX) is a premier manufacturer of high-quality sauces and condiments serving the food industry. Headquartered in Texas, ATX serves up a broadly diversified portfolio of retail branded, foodservice, and private label offerings, and believes that great food comes from passion, quality ingredients and good people.
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  • Progress Software Announces Amended Credit Facility
    July 22, 2025
    Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that it has entered into a Fifth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity date to July 31, 2030.
  • Madrigal Pharmaceuticals Secures $500 Million in Senior Secured Credit from Blue Owl Managed Funds to Further Extend Leadership Position in MASH
    July 22, 2025
    Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL), a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), today announced that it has entered into a $500 million senior secured credit facility with funds managed by Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, to primarily advance Madrigal’s pipeline to further extend its leadership position in MASH.
  • Mountain Ridge Capital Provides $6.0 Million Credit Facility to Consumer Products Company
    July 22, 2025
    Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $6.0 million senior secured credit facility to a California based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives.
  • $6 Million in Growth Capital from eCapital Enables Midwest Logistics Firm’s Expansion Plans ​
    July 22, 2025
    eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $6 million accounts receivable facility to accelerate the trajectory of a Midwest-based logistics company.
  • Salem Five Bank Extends New Credit Facility to BWD Technologies, Fueling Automotive Growth for Laser Blanking Leader
    July 22, 2025
    Salem Five Bank, a full-service financial services organization with over $8B in assets, today announced that it has provided a credit facility to BWD Technologies (Blanking Without Dies), representing the first asset-based lending (ABL) initiative from its new Business Credit team.
  • Kapitus Closes $250 Million Securitization and Upsizes Corporate Note to $95 Million
    July 22, 2025
    Kapitus, a leading provider of financing for small and medium-sized businesses, has announced the closing of a $250 million asset-backed securitization (ABS). The facility, which has a 3-year revolving period and is expandable to $500 million, was rated by Kroll Bond Rating Agency, LLC (KBRA), with Truist Securities, Inc., as the sole structuring agent and bookrunner.
  • Rosenthal Capital Group Closes $10.5 Million Asset-Based Loan Facility for High-Performance Textile Company
    July 22, 2025
    Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $10.5 million asset-based loan (ABL) facility for a leading textile manufacturing and distributor based in New York.
  • Encina Private Credit Provides $150 Million as Revolver Agent in a $525 Million Senior Secured Credit Facility to Specialty1
    July 22, 2025
    Encina Private Credit, LLC (“Encina”) provided a $150 million commitment consisting of a revolver and term loan in the $525 million Senior Secured Credit Facility.
  • SG Credit Announces A Senior Debt Investment in Murphy's Naturals
    July 22, 2025
    SG Credit Partners, through its Consumer Products division, is pleased to announce a senior debt investment in Murphy’s Naturals, a leading outdoor lifestyle brand on a mission to help people enjoy life outdoors with worry-free, plant-powered mosquito repellents and personal care products.
  • Assembled Brands Provides Asset-Backed Capital to Ana Luisa to Fuel Continued Growth
    July 22, 2025
    Assembled Brands announced a new credit facility with Ana Luisa, a pioneering jewelry brand that has rapidly grown into a recognized leader in the sustainable luxury market. This financing partnership provides Ana Luisa with the flexible capital necessary to support rapid growth, optimize its robust supply chain, and accelerate the development of new products.
  • Evolution Credit Partners Surpasses $1B In Credit Protection as Companies Seek Alternatives to Traditional Trade Credit Insurance
    July 22, 2025
    Evolution Credit Partners Management, LLC (“Evolution”), a leading provider of single buyer, non-cancellable Trade Credit Protection (“TCP”) for accounts receivable from high-yield buyers, today announced it has delivered more than $1 billion in protection since launching its TCP business in late 2020.
  • Financial Services Partner Peter Palladino Joins Holland & Knight in Boston ​
    July 22, 2025
    Peter Palladino, a leading finance practitioner known for his loan structuring and negotiation, workout and insolvency experience, has joined Holland & Knight as a partner in Boston. Mr. Palladino was previously a partner at Choate Hall & Stuart, where he served in various leadership roles.
  • Culain Capital Closes $3,750,000 AR Facility for Luxury Bedding and Linens Provider
    July 22, 2025
    Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $3,750,000 accounts receivable financing facility for a luxury bedding and linens supplier headquartered in New York City.
  • Great Rock Capital Closes $1.1 Billion Leverage Facility with Capital One N.A.
    July 22, 2025
    Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a senior secured leverage facility agented by Capital One, National Association (“Capital One”) that provides over $1.1 billion of capital.
  • LifeScan Reaches Milestone Transaction to Improve Financial Flexibility and Enable Future-Focused Investments
    July 21, 2025
    LifeScan, Inc., (“LifeScan” or the “Company”), a world leader in blood glucose monitoring, today announced that it has entered into a Restructuring Support Agreement (“RSA”) with its first- and second-lien lenders and current equity sponsor, Platinum Equity, that will transform its balance sheet and position the Company for a stronger and more profitable future
  • Ares Management Announces Appointment of Sarah Cole as Co-Head of Global Capital Solutions
    July 21, 2025
    Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the appointment of Sarah Cole as Partner and Co-Head of the Ares Global Capital Solutions team alongside current Partner and group Co-Head Roshan Chagan.
  • ​ Construction Equipment Rental Firm based in Georgia Receives $3,000,000 Facility from Prestige Capital
    July 21, 2025
    A leading Georgia-based provider of drilling equipment and foundation tools for the construction industry has secured a $3,000,000 financing facility from Prestige Capital. The company, which offers new, used, and rental equipment, was referred by a New Jersey-based consulting firm.
  • Flatbay Capital Provides a $1.4MM CRE Line of Credit to Returning Client
    July 21, 2025
    Flatbay Capital provided a $1.4MM CRE line of credit for an international company specializing in drilling and excavation services for working capital.
  • Trinity Capital Inc. Provides Alt Platform Inc. with up to $40 Million Asset Based Credit Facility
    July 21, 2025
    Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of up to $40 million in an asset based revolving credit facility to Alt, a dynamic online marketplace that facilitates buying, selling, vaulting, and loans against investment-grade trading cards.
  • nFusion Capital Provides $1.25 Million ABL Facility for ATX Specialty Foods
    July 21, 2025
    ATX Specialty Foods (ATX) is a premier manufacturer of high-quality sauces and condiments serving the food industry. Headquartered in Texas, ATX serves up a broadly diversified portfolio of retail branded, foodservice, and private label offerings, and believes that great food comes from passion, quality ingredients and good people.
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