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TSL Express Daily Articles & News
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Huntington Bank Expands Commercial Banking into Austin
Huntington National Bank continues to expand its commercial banking segment, known as Huntington Commercial Bank, across the U.S. by bringing its middle-market and corporate banking capabilities to Austin and central Texas. The commercial expansion follows Huntington's significant growth in Texas, including the recent acquisitions of Houston-based Cadence Bank and Dallas-based Veritex Bank.
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A Market of Contrasts: ABL Closes 2025 Strong Amid Slowing Growth and Structural Shifts
The asset-based lending (ABL) market ended 2025 with a familiar paradox: strong activity paired with rising uncertainty. On one hand, the Secured Finance Network’s Q4 and Full-Year 2025 ABL Survey shows a market that remains fundamentally healthy, characterized by stable credit performance, steady utilization, and continued lender confidence. On the other, a combination of slowing economic growth, policy volatility, and structural changes in deal flow suggests that the industry is entering a more complex phase.
TSL Express Daily Headlines & News
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Ravinia Capital is Retained as Investment Banker to Triple Sticks Foods, LLC
April 22, 2026Ravinia Capital has been retained as investment banker to Triple Sticks Foods, LLC, a Belleville, Illinois-based frozen food contract manufacturer that filed for Chapter 11 protection on April 16, 2026, in the U.S. Bankruptcy Court for the Southern District of Illinois.
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Tradewind Finance Provides USD 2.5 Million Non-Recourse Export Factoring Facility to Vietnamese Cable Exporter
April 20, 2026Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind's Shanghai office, converts export receivables into immediate liquidity and provides credit protection on buyers in the United States and Australia.
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Southstar Capital Funds $5MM A/R Facility to Support Global Growth of Aerospace Components Supplier
April 20, 2026Southstar Capital has successfully funded a $5,000,000 accounts receivable financing facility for a U.S.-based aerospace components supplier backed by a private credit firm.
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Brandon Boyle Joins CohnReznick as International Tax Partner
April 20, 2026CohnReznick, a leading professional services firm, announced today that Brandon Boyle has joined as an International Tax Partner in its San Francisco office. Boyle brings to the firm extensive experience in international taxation across the technology, life sciences, financial services, and digital asset sectors.
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Great American Holdings, LLC Launches Healthcare Valuation Practice
April 20, 2026Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, lending, risk management, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), announces the appointment of Jason Ruchaber as Managing Director and Healthcare Practice Leader.
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Valley Bank Expands Commercial Banking Presence into Arizona
April 20, 2026Valley Bank today announced the organic expansion of its relationship-focused commercial banking operations into the Phoenix, Arizona market. Phoenix is already the home of Valley’s tax credit advisory affiliate, Dudley Ventures, and this effort will further strengthen Valley’s presence in one of the country’s fastest‑growing markets. With this expansion, Valley now operates in 6 of the top 10 US Metropolitan Statistical Areas based on population.
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TRUNO Announces Strategic Recapitalization and New $40 Million Credit Facility to Accelerate Growth and Innovation
April 20, 2026TRUNO, a leading retail technology solutions and services provider, announced the successful completion of a strategic recapitalization transaction led by Masked Rider Capital (MRC), alongside the closing of a new $40 million credit facility with Huntington Bank. This transformative milestone positions TRUNO for an exciting new chapter of accelerated growth, enhanced operational capabilities, and continued market leadership.
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AMC Entertainment Holdings, Inc. Subsidiary Odeon Finco PLC Announces Closing of $425 Million Term Loan
April 20, 2026Odeon Finco PLC (“Odeon”), a wholly-owned subsidiary of Odeon Cinemas Group Limited (“OCGL”) and AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC”), announced today that it has entered into a Credit Agreement with Deutsche Bank AG New York Branch and borrowed $425.0 million of new first lien 10.50% term loan due 2031 (the “Odeon Term Loan”).
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QVC Group to Significantly Strengthen Financial Position as Company Continues Advancing Transformational Live Social Shopping Growth Strategy
April 20, 2026- QVC Group, Inc. ("QVC Group" or the "Company") today announced that it has entered into a Restructuring Support Agreement (the "RSA") with holders representing a significant majority of the Company's outstanding funded debt. The RSA outlines the terms of a comprehensive prepackaged financial restructuring plan that will substantially reduce the Company's debt and strengthen its financial position as it continues advancing its transformational WIN Growth Strategy to drive long-term growth and profitability as a leader in live social shopping across social platforms, streaming apps, ecommerce sites, stores and TV channels.
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Associated Bank Names Jason Hansen Nebraska and Western Iowa Market President
April 20, 2026Associated Bank today announced Jason Hansen as Nebraska and Western Iowa market president, and business segment leader - Commercial Banking, effective immediately, reporting into Phil Trier, executive vice president, head of Corporate & Commercial Banking. Hansen previously served as president of American National Bank.
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Emergent BioSolutions Successfully Refinances Term Loan, Amends Asset-backed Loan Facility and Increases Financial Flexibility
April 20, 2026Emergent BioSolutions Inc. (NYSE: EBS) announced today that the company has closed on a new credit facility agreement with OrbiMed for a new $150 million term loan. The proceeds from the new Term Loan were used to repay all amounts outstanding under the previous Term Loan facility agreement with Oak Hill Advisors.
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First Horizon Bank Announces New Hires and Promotion in Acadiana
April 20, 2026First Horizon Bank (NYSE: FHN or "First Horizon") is pleased to announce the addition of two new associates and the promotion of a current team member, further strengthening its banking capabilities in the Acadiana market.
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MONTICELLOAM, LLC Delivers $46MM For Skilled Nursing Portfolio in Washington
April 20, 2026MONTICELLOAM, LLC (“MONTICELLOAM”), a specialized seniors housing and multifamily bridge lending platform, along with firm affiliates, provided $46,000,000 in combined bridge and working capital financing to a skilled nursing portfolio in Washington. The portfolio consists of four stand-alone skilled nursing facilities and one skilled nursing and independent living community.
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Womble Adds Privacy and Regulatory Enforcement Partner in Washington, D.C.
April 20, 2026Womble Bond Dickinson announced today that Susan Duarte has joined the firm’s Corporate and Securities Practice Group as a partner in Washington, D.C. Duarte brings more than two decades of experience advising technology companies and enterprises, including wireless MVNOs, AI voice companies, SaaS platforms, and Proptech businesses, on complex regulatory, compliance, and risk management issues.
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Brookridge Funding Closes $2.250 Million of PO Facilities for 3 New Clients
April 20, 2026Brookridge Funding is proud to announce the closing of $2,250,000 of purchase order facilities for 3 new clients.
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Monroe Capital Supports Frontenac’s Recapitalization of Honk Technologies
April 16, 2026Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Honk Technologies (“Honk”) by private equity sponsor Frontenac, as well as a strategic add-on acquisition.
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Sycamore Tree Capital Partners Launches Credit Secondaries Investment Platform
April 16, 2026Sycamore Tree Capital Partners, L.P. (“Sycamore Tree” or the “Firm”), a specialist asset manager with private and alternative credit investment expertise, today announced the launch of its Credit Secondaries investment platform.
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U.S. Physical Therapy Announces $450 Million Credit Facility
April 16, 2026U.S. Physical Therapy, Inc. (“USPH” or the “Company”) (NYSE, NYSE Texas: USPH), a national operator of outpatient physical therapy clinics and provider of industrial injury prevention services, today announced the closing of a $450 million, five-year credit facility that includes a $175 million term loan and a $275 million revolver with a maturity date of April 14, 2031.
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J D Factors Announces March Factoring Facilities
April 16, 2026J D Factors announced it has provided $6,950,000 in new factoring facilities to 38 new clients in the US and Canada during the month of March.
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SSG Advises Burgess BioPower in the Sale of its Debt to Keyframe Capital Partners and its Chapter 11 Plan of Reorganization
April 16, 2026SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Burgess BioPower, LLC and Berlin Station, LLC (collectively, the “Company”) in the sale of its debt to Keyframe Capital Partners LP (“Keyframe”). Keyframe subsequently served as the plan sponsor in the Company’s Chapter 11 Plan of Reorganization (the “Plan”) in the U.S. Bankruptcy Court for the District of Delaware. The debt sale closed in December 2024, and the Plan went into effect in April 2026.
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