- Bally’s Corporation Amends and Restates Its Commitment Letter to Increase Term Loan Availability to $1.1 Billion
- Legacy Corporate Lending Bolsters Leadership Team with Addition of Jeffrey Seiden as Executive Vice President
- Eclipse Business Capital Provides $75 Million Senior Secured ABL Facility to Consumer Products Supplier
- Xponential Fitness, Inc. Announces Debt Refinancing, New Credit Facilities
- First Horizon Bank Names Todd Warrick as Triangle Market President in the Mid-Atlantic Region
TSL Express Daily Articles & News
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Getzler Henrich Formalizes Analytics, Artificial Intelligence, and Advanced Technologies Services and Names Michael Osment Practice Leader
In recognition of both its comprehensive advanced technology services and the depth of knowledge and expertise of Managing Director Michael Osment, Getzler Henrich & Associates LLC (getzlerhenrich.com), formalized its Analytics, Artificial Intelligence, and Advanced Technologies Services and named Michael Osment its Practice Leader.
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SFNet's Emerging Leaders Summit, a dynamic conference designed to unite professionals with 6-15 years of experience in secured lending, is heading to the West Coast for the first time since its inception in 2018. The event will provide an opportunity to glean insights from seasoned titans who have navigated the intricacies of the field. Attendees can expect to engage in thought-provoking panels where industry luminaries will offer a unique perspective on both the industry and effective leadership.
TSL Express Daily Headlines & News
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nFusion Provides $5 Million ABL Funding for Integration and Automation Company
January 22, 2025nFusion Capital announced a $5 million asset-based lending facility. Headquartered in Texas, this integration and automation company revolutionized the commercial infotainment AV experience by making advanced control systems accessible and easy to use for both integrators and end users, with a focus on streamlined programming, ease of installation, and significant energy savings.
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Mountain Ridge Capital Provides $25 Million Credit Facility to S&W Seed
January 22, 2025Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $25 million senior secured credit facility to S&W Seed Company - a global multi-crop, middle-market agricultural company.
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First Citizens Bank to Refinance New Jersey Senior Living Facility
January 22, 2025First Citizens Bank today announced that its Healthcare Finance business has refinanced The Bristal at Wayne, a 158-bed senior housing facility in Wayne, N.J.
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MONTICELLOAM, LLC Finances $39M for New Jersey Skilled Nursing Facilities
January 22, 2025MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, announced the closing of $39,000,000 in total bridge and working capital financing for two New Jersey skilled nursing facilities.
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Moritt Hock & Hamroff Welcomes Condominium & Cooperative Services Partner Linda S. Plotnicki
January 22, 2025Moritt Hock & Hamroff announced today that Linda S. Plotnicki has joined the firm as a Partner, lending her skills and expertise to its growing Condominium & Cooperative Services and Real Estate Practice Groups, working out of the firm’s New York City office.
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Partnering with Bridge, LSQ Creates $2MM Invoice Finance Facility for Georgia-based Firm
January 22, 2025LSQ, a leading provider of working capital and payments management solutions, recently originated a $2 million accounts receivable credit facility for a Georgia-based, staffing firm serving lodging and hospitality industry.
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Essex Capital Secures $22 Million Debt Facility for Gaming Industry Company
January 22, 2025Essex Capital Group, Inc. (“Essex”) is pleased to announce the successful closing of a $22,000,000 debt facility for a gaming company (the “Company”). The financing package includes an Initial Term Loan to refinance existing debt and a Delayed Draw Term Loan to support the Company’s ongoing growth initiatives, including an active acquisition strategy.
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Alpaca Real Estate Closes $50 Million Credit Facility with Stifel Bank
January 22, 2025Alpaca Real Estate (“ARE”), an alternative investment management firm, announced today the closing of a $50 million credit facility with Stifel Bank. This financing marks another key milestone in the firm’s growth, reflecting both the significant progress made in advancing its opportunistic investment strategy and the growing confidence that leading institutions have in its ability to deliver strong results.
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Monroe Capital Supports Gryphon Investors’ Investment in phData, Inc.
January 22, 2025Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the investment in phData, Inc. (“phData”) by Gryphon Investors.
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Haynes Boone Award-Winning Corporate Practice Adds M&A Partner Zachary Jacobs in New York City
January 22, 2025Haynes Boone is delighted to welcome Mergers and Acquisitions Partner Zachary Jacobs to the firm’s New York office. Jacobs is the latest addition to the firm’s nationally awarded Business Transactions Department, which earned the honor of Best Corporate Practice (Specialty – Midmarket) at The American Lawyer’s 2024 Industry Awards late last year.
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Thoma Bravo Completes Fundraising for Credit Fund III, Amassing $3.6 Billion in Total Available Capital for its Platform
January 22, 2025Thoma Bravo, a leading software investment firm, today announced the completion of fundraising in connection with its Thoma Bravo Credit Fund III at $3.6 billion in total available capital, including anticipated leverage. This represents the firm's largest credit pool of capital to date and underscores the continued leadership and success of the Thoma Bravo Credit platform
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Citizens Deepens Investment in Florida with Addition of $700 Million Advisory Team
January 22, 2025Citizens Financial Group, Inc. (NYSE: CFG) today announced that it has further expanded its wealth management reach and capabilities in southern Florida, setting the stage for further growth in that key market.
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TD Bank Group Accelerates CEO Transition; Announces Board and Committee Renewal
January 22, 2025Raymond Chun to become Group President and CEO on February 1, 2025; Board adopts new term limits; five directors to retire at 2025 Annual Meeting of Shareholders; Four new directors to stand for election at 2025 Annual Meeting of Shareholders; New chairs appointed for four of five Board committees
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Portage Point Partners Strengthens Consumer, Food & Retail Expertise with Addition of Peter Mangan
January 22, 2025Portage Point Partners, LLC (Portage Point), a blue chip advisory, consulting, interim management and financial services firm focused on the middle market, welcomes Peter Mangan to the Investment Banking team where he is a Managing Director based in the New York office. Peter has more than 15 years of investment banking experience in the consumer, food and retail (Consumer) sectors specializing in food, beverage, retail, e-commerce and consumer products.
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Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc.
January 22, 2025Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Silk Technologies ("Silk"), a leader in software-defined cloud storage.
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Encina Private Credit Provides First Out Tranche, Serves as Administrative and Collateral Agent for Branding Iron Holdings
January 22, 2025Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as the Administrative and Collateral agent on a senior secured credit facility supporting Kingswood Capital Management’s acquisition of Branding Iron Holdings (“Branding Iron”).
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Ciena Corp Secures New $1.16 Billion Term Loan
January 21, 2025Ciena Corporation (NYSE:CIEN), a networking systems and software services provider with a market capitalization of $12.58 billion, has refinanced its existing senior secured term loan with a new $1.16 billion loan, according to a recent SEC filing. The new loan, secured on Thursday, January 17, 2025, will mature on October 24, 2030, aligning with the maturity of the previous loan.
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KKR to Acquire Dawsongroup to Accelerate Growth and Support Fleet Transition
January 21, 2025Dawsongroup (the ”Group”), a leading independent asset leasing business which provides a diverse range of business-critical solutions, and KKR, a leading global investment firm, today announce that KKR has entered into a binding agreement with the shareholders of Dawsongroup to acquire the Group.
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AlixPartners’ Owners Weigh Sale of Consulting Firm
January 21, 2025The private equity owners of AlixPartners are exploring a potential sale of the US consulting firm, people with knowledge of the matter said. Caisse de dépôt et placement du Québec, Public Sector Pension Investment Board and Investcorp are working with advisers to gauge buyer interest in AlixPartners, according to the people.
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Diamond Comic Distributors Receives Court Approval for $41 Million in Debtor-in-Possession Financing
January 21, 2025Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the United States Bankruptcy Court for the District of Maryland (“the Court”) has approved Diamond’s $41 million debtor-in-possession (“DIP”) financing agreement with JP Morgan Chase.
The Secured Lender
SFNet's The 81st Annual Convention Issue
