MidCap Financial Provides a $60 Million Senior Secured Credit Facility to Celadon Group, Inc.
MidCap Financial today announced it has provided a $60 million senior revolving credit facility to Celadon Group, Inc. ("Celadon"), a North American transportation company that provides full-truckload freight services across the United States, Canada, and Mexico.
TSL Express Trending Story
The UK Government Moves Closer to Potentially Damaging Legislation Impacting the UK ABL Industry and Its Clients
The UK Government announced 11th July 2019, through the publication of the Draft Finance Bill, that it is going ahead with the reinstatement of Crown Preference in respect of VAT and PAYE.
TSL Express Daily Headlines & News
Rosenthal Provides $4M Factoring Facility to New York Luxury Brand
July 29, 2019The New York-based brand was experiencing a major uptick in sales, as a result of orders from both new and existing retail customers. To support the brand’s growth and to mitigate any future cash flow strains, the company was seeking a permanent working capital solution.
Cogent Bank Announces two Additions to the Specialty Lending Group team
July 29, 2019Cristina Brabson has joined in the role as Vice President-Senior Operations Manager and Abbey Henderson has taken a position as Vice President-Portfolio Manager for the Specialty Lending Group.
Sterling Bancorp Searching for Portfolio Deals, Northeast Bank Acquisitions
July 29, 2019Montebello, NY-based Sterling Bancorp may announce a portfolio acquisition by the end of the year, management said on their second-quarter earnings call.
Wheeler Financial from Pitney Bowes Helps Covenant Trucking Company Inc. Secure Funding to Capitalize on Growing North Carolina Economy
July 29, 2019Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance and data, today announced that Wheeler Financial from Pitney Bowes has closed a financing transaction with Covenant Trucking Company Inc.
Navy Federal Names Deputy Chief Information Officer
July 29, 2019Navy Federal Credit Union announced that Stephen Rice has been selected to serve as the credit union’s deputy chief information officer (DCIO)
Greenspoon Marder Expands Corporate & Business Capabilities With Addition Of New Partner Michael Smith In New York
July 29, 2019Greenspoon Marder is pleased to announce the expansion of the firm's Corporate & Business practice group with the addition of partner, Michael Smith in New York.
Greenberg Traurig Adds Shareholders Michael G. Taylor and Michael E. Strauch in Miami Office
July 29, 2019Global law firm Greenberg Traurig, P.A. has added Shareholders Michael G. Taylor and Michael E. Strauch in the firm’s Miami office. Taylor rejoins the firm as a shareholder in the Corporate Practice, while Strauch is a shareholder in the firm’s Litigation Practice.
Emergent Capital Announces Financing Commitment for Bankruptcy Exit
July 29, 2019Emergent Capital, Inc. (OTCQX: EMGC) ("Emergent" or the "Company"), announced that on July 18, 2019, Emergent and its subsidiaries, including White Eagle Asset Portfolio, LP, entered into a binding commitment with Jade Mountain Partners
Capital One Adds Tim Fouts as Middle Market Relationship Manager in Dallas
July 29, 2019Capital One announced today that Tim Fouts has joined its Commercial Bank as a Senior Vice President and Relationship Manager.
1st Capital Bank Opens Loan Production Office (LPO) in Santa Cruz
July 29, 20191st Capital Bank (OTC Pink: FISB) President and CEO, Thomas Meyer announced 1st Capital Bank has opened a commercial lending office in Santa Cruz, California.
Clark Joins Old Second Bank
July 29, 2019Donald J. Clark of Chicago has been named Senior Vice President, Commercial Banking, with Old Second National Bank, operating from the Chicago—Loop location
Wells Fargo Names new Alabama Commercial Banking Executive
July 29, 2019Hans Sitarz has been chosen to lead commercial banking operations in Alabama and Mississippi for Wells Fargo.
Larry S. Reed Hired as Senior Vice President for Community Development and External Affairs for California Market
July 29, 2019He replaces Don Kincey, Senior Vice President, who retired from Comerica after working for 20 years at the bank.
International Game Technology PLC Announces Amendment And Extension Of Revolving Credit Facilities And Amendment Of Term Loan Facility
July 29, 2019International Game Technology PLC (IGT) ("IGT") announced that it has successfully amended and extended its multicurrency revolving credit facilities and amended its term loan facility.
Crown Capital Partners Acts as Agent for Concentra Bank in Senior Loan Facility
July 29, 2019Crown will provide investment management services for Concentra's $20 million investment in a syndicated senior secured credit facility.
SITE Centers Refinances $950 Million Revolving Credit Facility and Increases Unsecured Term Loan Facility
July 29, 2019Wells Fargo Securities, LLC and JPMorgan Chase Bank, N.A. served as Joint Bookrunners, JPMorgan Chase Bank, N.A. served as Administrative Agent, and Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citizens Bank, N.A., RBC Capital Markets and U.S. Bank National Association served as Joint Lead Arrangers.
Amerisource Closes $1,000,000 Credit Facility for Manufacturing Company
July 29, 2019Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York.
Barneys Considers Bankruptcy Financing Plans With Wells Fargo
July 25, 2019Barneys New York Inc. is in talks with existing lenders including Wells Fargo & Co. about a new loan to keep the luxury clothing store in business if it decides to file for bankruptcy.
Banner Corporation to Acquire California-Focused AltaPacific Bancorp
July 25, 2019Banner Corporation (NASDAQ: BANR) together with AltaPacific Bancorp (OTCBB: ABNK), announced they have entered into a definitive agreement for AltaPacific Bank to merge with, and into, Banner Bank to expand the Bank’s presence in California.
Rothschild & Co Hires Two New Managing Directors and Establishes Infrastructure, Power & Renewables Group in North America
July 25, 2019Markus Pressdee appointed Head of Infrastructure, Power & Renewables in North America. Steven Berger joins the firm’s Financial Institutions Group sector team.
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