- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
- The Cosine Group, a division of Armory Securities, Congratulates Pequity on its Acquisition by ADP
- SouthStar Capital Provides Combined A/R and Purchase Order Facility to Support Growth of Consumer Products Distributor
- Leveraged Lending: Interagency Statement on Recission of Interagency Leveraged Lending Guidance Issuances
- CIBC Announces Senior Executive Leadership Changes
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Travis Pocock Joins SLR Business Credit
SLR Business Credit, and its parent company SLR Capital Partners, is proud to announce the addition of Travis Pocock as Senior Vice President. In his role, Travis will be responsible for identifying and engaging asset-based lenders, accounts receivable factoring companies, and portfolios for acquisition.
TSL Express Trending Story
Featured
The Transformative Impact of Mentoring: An Interview with Emily Neuherz
The SFNet Mentoring program, sponsored by the Secured Finance Foundation and the SFNet DEI Committee, has become a cornerstone of professional growth and community building within our industry. In this interview, we highlight the journey of Emily Neuherz, senior associate, Capital Foundry and a passionate advocate and past mentee of the program. Emily’s experience not only underscores the immense value of mentorship but also serves as a testament to the transformative impact it can have on career development. Through her story, we hope to inspire both new potential mentees and mentors to join our upcoming Fall iteration, and embark on a path of mutual growth, learning and success.
TSL Express Daily Headlines & News
-
SoFi Expands Loan Platform Business with $5 Billion Agreement with Blue Owl Capital Funds
March 13, 2025SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.
-
Nutrien Prices Offering of an Aggregate of US$1.0 Billion of 2-Year and 7-Year Senior Notes
March 13, 2025Jones Day represented Nutrien Ltd. in connection with a public offering of U.S.$1.0 billion of Senior Notes, consisting of (i) U.S.$400 million aggregate principal amount of 4.500% Senior Notes due 2027 and (ii) U.S.$600 million aggregate principal amount of 5.250% Senior Notes due 2032.
-
Mitsubishi HC Capital America adds Scott Schrenker to Growing Construction Team
March 13, 2025Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is pleased to announce the addition of Scott Schrenker to its construction team as a Business Development Manager. This new hire aligns with the company’s growth in the construction markets and provides additional resources to extend financing services and support to valued partners and clients.
-
GA Group and A&G Real Estate to Auction JOANN’s Retail Store Leases and Distribution Centers
March 13, 2025GA Group, a leading asset disposition, valuation, appraisal, and real estate services firm, and A&G Real Estate Partners, a national real estate advisory firm specializing in lease optimization and real estate sales, announced plans to auction 790 retail store leases and five distribution centers in conjunction with the wind down of operations of fabric and crafts retailer, JOANN, Inc. following its filing for Chapter 11 bankruptcy on January 15, 2025.
-
Truist Strengthens Middle-Market Banking Team in New Jersey
March 13, 2025Truist announced today the hiring of veteran commercial banking executive Gino Di Saverio, who leads a growing middle market banking team in New Jersey that includes three other recent hires.
-
Tiger Group and GESemi Offer Production Lines for Semiconductors and Highly Efficient, Thin-film GaAs, Flexible Photovoltaics
March 13, 2025Tiger Group and GESemi are now accepting offers for advanced equipment used to produce high-efficiency, gallium arsenide (GaAs) based thin-film photovoltaic (PV) cells The massive offering of fully decommissioned, ready-to-ship manufacturing assets from Endicott-based Ubiquity Solar—with nearly 600 crates stored in South-Central New York—features brands such as Aixtron Group, Attolight, GigaMat, SCHMID, Hercules and KLA Corp. (KLA-Tencor).
-
Paul Hastings Bolsters Market-Leading Structured Credit Practice in New York
March 13, 2025Further strengthening its premier asset-backed finance and complex securitization offerings, Paul Hastings LLP announced today that structured credit lawyer John F. Murphy III has joined the firm as a partner in New York.
-
Spirit Airlines Emerges from Financial Restructuring, Better Positioned to Advance its Transformation and Enhanced Guest Experience
March 13, 2025Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, ("Spirit" or the "Company") today announced that Spirit has emerged from its financial restructuring, completing a consensual, deleveraging transaction that equitizes approximately $795 million of funded debt. With significantly less debt and greater financial flexibility, Spirit emerges as a stronger company better positioned for long-term success.
-
Middle Market Business Leaders Cautiously Optimistic Despite Continued Uncertainty
March 13, 2025Middle market leaders are navigating uncertainty while poised to make key longer-term investments in technology, talent, and growth according to propriety research on the views of C-Suite executives released by Citizens today.
-
HEALWELL Signs $50M Credit Agreement Led by Scotiabank and RBC to Support Orion Acquisition, and Commences Pre-Closing Procedures
March 13, 2025HEALWELL has signed a $50 million credit agreement, contingent on and in support of its acquisition of Orion Health, with credit to be provided by a syndicate of Schedule I Canadian Banks, including The Bank of Nova Scotia as Sole Bookrunner, Admin Agent, and Co-Lead Arranger, and Royal Bank of Canada as Co-lead Arranger.
-
Audax Private Equity and Lovell Minnick Partners Make Strategic Investment in Fortis
March 13, 2025Audax Private Equity (“Audax”) and Lovell Minnick Partners (“LMP”) today announced a joint investment in Fortis, a payments technology leader for software providers, ERP customers, and scaling businesses.
-
Barings Leads Financing for Add-On Acquisition of Graham Partners’ Portfolio Company, Woodland Gourmet
March 13, 2025Barings, one of the world’s leading investment managers, today announced it has served as lead agent for an incremental senior secured facility, increased revolver, and delayed draw term loan to support private investment firm Graham Partners’ portfolio company Woodland Gourmet (“Woodland”) in its acquisition of Sevillo Fine Foods (“Sevillo”), an artisan producer of quality, chef-inspired specialty ingredients.
-
Oxford Finance LLC Announces Management Succession
March 13, 2025Oxford Finance LLC (“Oxford” or the “Company”) today announced its Board of Managers has appointed Timothy A. Lex as President and Chief Executive Officer. J. Alden Philbrick, IV, who founded the company and has served as the Company’s Chief Executive Officer since inception, will assume the role of Executive Chairman and continue as Chairman of the board.
-
BHI Provides $35 Million to TAY Investments Inc. to Build a 6-Story, 202-Unit Residential Development at 277-301 West Side Avenue in Jersey City
March 13, 2025BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided a $35 million construction loan to Yuval Shram’s Tay Investments to build a 6-Story, 202-Unit Residential Development at 277-301 West Side Avenue in Jersey City.
-
Silicon Valley Bank and Pinegrove Venture Partners Announce Lending Relationship
March 12, 2025Silicon Valley Bank (SVB), a division of First Citizens Bank, announced today it has entered into a strategic lending relationship with Pinegrove Venture Partners (Pinegrove). SVB and Pinegrove expect to deploy a combined $2.5 billion in venture debt loans to technology and life science companies over the coming years.
-
First Citizens Bank Provides Financing to Leavitt Equity Partners to Acquire Pediatrics Plus
March 12, 2025First Citizens Bank today announced that its Healthcare Finance business has provided financing to enable a new partnership between Leavitt Equity Partners and Pediatrics Plus, the leading pediatric therapy provider based in Arkansas.
-
MidCap Financial Closes $75 Million Senior Secured Credit Facility to Dixie Group
March 12, 2025MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $75.0mm senior secured credit facility to Dixie Group, Inc. (“Dixie Group” or the “Company”).
-
Loeb Funds a $750,000 Term Loan for a Construction Woodworking Company
March 12, 2025A determined woodworking construction client has successfully secured a crucial loan with the help of Loeb and their industry partners. This strategic move enabled the client to buy out their partner and transition away from their current bank, positioning their business for future growth and stability.
-
Hilco Corporate Finance Serves as Investment Banking Advisor to McNally Capital for a Financing Transaction
March 12, 2025Hilco Corporate Finance (“HCF”) is pleased to announce the closing of a financing for McNally Capital (“McNally”) in connection with the acquisition of Jewett Automation (“Jewett”). HCF acted as exclusive financial advisor to McNally. Financing for the transaction was provided by Siguler Guff.
-
Knife River Corporation Enters into $1.265 Billion Senior Secured Credit Facilities
March 12, 2025Simpson Thacher recently represented JPMorgan Chase Bank, N.A. and other arrangers in connection with Knife River Corporation's ("Knife River") $1.265 billion senior secured credit facilities. The senior credit facilities consist of a $265 million term loan A facility, a $500 million revolving credit facility and a $500 million term loan B facility.
The Secured Lender
SFNet's The 81st Annual Convention Issue

