- SFNet New Member Spotlight: Iridium Credit, Inc.
- Elemental Royalty Announces Amended and Upsized Credit Facility to up to US$200M
- Pacific Coast Alternatives Closes $4.25 Million Secured Lending Facility
- Macerich Closes Amended and Restated $900 Million Revolving Credit Facility
- Monroe Capital Selected as the 2025 CLO Manager of the Year by Private Debt Investor
TSL Express Daily Articles & News
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Today's Top Story
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Moritt Hock & Hamroff Bolsters Its Creditors' Rights, Litigation & Restructuring Group By Adding New Associates
Moritt Hock & Hamroff announced today the addition of two new attorneys to its Garden City office. Joseph Townsend joins the firm's Litigation and Creditors' Rights Practice Groups as an associate and Deborah Turofsky joins the firm's Creditors' Rights, Restructuring and Bankruptcy Practice Group as an associate.
TSL Express Trending Story
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Yellowstone Settles With New York AG For $1 Billion
On December 2, 2024, New York Attorney General (AG) Letitia James asked a state court to approve a settlement between the AG, Yellowstone Capital LLC (Yellowstone) and twenty-four related entities regarding a petition filed by the AG in March 2024.
TSL Express Daily Headlines & News
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GA Group Bolsters Field Exam Practice with the Addition of Lawrence Jasper
June 16, 2025Lawrence has over 27 years of expertise in Asset-Based Lending (ABL) diligence, with an impressive 19 years as Executive Director for JPMorgan Chase's Field Examination Group. In that capacity, he oversaw all aspects of collateral diligence for ABL borrowers across both Investment and Commercial Bank sectors. His leadership and understanding of the various credit and collateral risks extended to transactions ranging from $5 million to $6 billion, including direct lending and private equity deals.
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Clear Channel Outdoor Holdings, Inc. Amends and Extends Credit Facilities
June 16, 2025Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has amended its Receivables-Based Credit Facility and Revolving Credit Facility (together, the "Amendments") with Deutsche Bank AG New York Branch as administrative agent.
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SFNet Member Spotlight: Accelerated Payments Canada Inc.
June 13, 2025Accelerated Payments provides flexible Invoice Finance solutions to businesses with an immediate need for working capital to fund new opportunities for growth. We make it simple, affordable and quick to access funds.
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Largo Announces $10 Million Factoring Facility to Accelerate Receivables and Support Working Capital
June 13, 2025Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces that its wholly owned subsidiary, Largo Resources USA ("LUSA"), has entered into a non-recourse factoring facility dated June 10, 2025 (the "Facility") with a well-established third-party factoring company (the "Factor") for the sale of certain accounts receivable.
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Pemberton Expands to Meet North American Investor Appetite for European Private Credit
June 13, 2025Pemberton Asset Management, one of Europe’s leading private credit managers, has today announced a series of senior North American appointments, alongside the establishment of a New York office.
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Lafayette Square Provides Financing to Support Ickler Electric's ESOP
June 13, 2025Lafayette Square announced today that it has provided debt and equity capital to support Mosaic Capital Partners LLC's ("Mosaic") investment in IE Group Holdings, Inc. ("Ickler Electric" or "Ickler"), a leading San Diego-based electrical contractor serving mission-critical industries, through a newly formed employee stock ownership plan (ESOP).
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91% of Companies Prioritize Tariff Impact Management in Keybank's Latest Middle Market Pulse Survey
June 13, 2025KeyBank (NYSE: KEY) today released the results of its Middle Market Sentiment Pulse Survey, which was conducted in May 2025 to gauge the current state of the middle market amid economic uncertainty.
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Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development
June 13, 2025Redeux Energy Partners LLC ("Redeux"), a leading utility-scale solar and energy storage development company, today announced the close of its new $30 million revolving letter of credit facility ("LC Facility") with Macquarie Group ("Macquarie").
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Hercules Capital Renews and Increases Its Credit Facility with MUFG Bank, Ltd. to $440.0 Million
June 13, 2025Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has upsized and renewed its existing $400.0 million credit facility with MUFG Bank, Ltd. (“MUFG”) with an upsized credit facility
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Benefit Street Partners Secures $500 Million for Its Third Captive U.S. CLO Equity Fund
June 13, 2025Benefit Street Partners L.L.C. (“BSP”), a leading credit-focused alternative asset management firm and a subsidiary of Franklin Templeton, announced today that it has closed on $500 million in total equity commitments for its third captive U.S. CLO equity fund, BSP CLO Equity III.
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Norton Rose Fulbright Boosts Corporate Finance Offering in Dallas and Chicago With new Partner
June 12, 2025Global law firm Norton Rose Fulbright today announced a move to enhance its corporate finance capabilities by bringing on Jonathan (Jon) Riley as a partner in both its Dallas and Chicago offices.
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Truist Strengthens Commercial Banking Teams Across Ohio and Western Pennsylvania
June 12, 2025Truist Financial Corporation today announced the expansion of its commercial banking teams across Ohio and Western Pennsylvania to support Truist's ability to generate new clients and deepen existing relationships in the region.
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Structured Transactions Team Joins Morgan Lewis in New York and Philadelphia
June 12, 2025Morgan Lewis’s leading structured transactions practice today welcomes back Edward J.L. (Jay) Southgate as a partner resident in the firm’s New York office. Jay, who rejoins the firm from Dechert’s global finance practice, represents financial institutions, issuers, and underwriters in private placements of residential mortgage and asset-backed securities with a particular focus on consumer lending and fintech.
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Crusoe Secures $750 Million Credit Facility from Brookfield to Accelerate the Development of Energy-First AI Factories
June 12, 2025Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform. This significant financing will primarily be deployed to fuel the continued growth and scaling of Crusoe’s development of AI factories, including purpose-built AI data centers and Crusoe’s AI cloud platform. It further solidifies Crusoe’s position as a leader in providing energy-first AI infrastructure.
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RadNet Secures $100 Million Incremental Term Loan to Fund Acquisitions and Corporate Initiatives
June 11, 2025RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services, today announced that it has entered into Incremental Amendment No. 2 (the “Second Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, as amended by the Second Amendment, the “Credit Agreement”).
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JPalmer Collective Provides $21mm In Working Capital Lines of Credit in Q2 2025
June 11, 2025JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced that it has provided a total of $21MM in working capital lines of credit in Q2 of this year.
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Assembled Brands Provides Credit Facility to Baseball Lifestyle 101, Supporting Omnichannel Growth and Retail Expansion
June 11, 2025Assembled Brands, a leading asset-based lender specializing in flexible growth lines of credit for emerging consumer packaged goods (CPG) and e-commerce businesses, today announced a new credit facility for Baseball Lifestyle 101 (BL101). This credit line is designed to support BL101’s impressive growth, supply chain optimization, and retail expansion.
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Golden Pear Extends and Upsizes Corporate Note to $78.7 Million
June 11, 2025Golden Pear Funding (Golden Pear), a national leader in litigation finance for both pre-settlement and medical receivables, announced the extension and upsize of their investment-grade corporate notes to $78.7 million. Since its founding in 2008, Golden Pear has funded over $1.1 billion to more than 87,000 clients.
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Sallyport Commercial Finance Fuels EdTech Growth with $5.5M in Tailored Financing
June 11, 2025Sallyport Commercial Finance is excited to support a forward-thinking education technology company with a $5.5M combined asset-based lending facility, including accounts receivable and inventory financing, as they scale their operations and make learning more accessible for students across North America.
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Alleon Healthcare Capital Provides a $3,000,000 Medical Accounts Receivable Financing Facility to a Georgia Based Post-Acute Care Medical Staffing Company
June 11, 2025Alleon Healthcare Capital, LLC (“Alleon”), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $3,000,000 medical accounts receivable financing facility with a post-acute care medical staffing company based in Georgia. (“Company”).
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