- King & Spalding Elects 27 Partners and 17 Counsel for 2026
- Eastern Bank Announces The Sourcing Group As A Commercial Banking Customer
- Citizens Survey Finds AI Investment Accelerating as Companies Capture Greater Efficiency Gains
- Assembled Brands Provides Accordion-Style Senior Facility to Fuel Stately’s Subscription Growth
- American Resources Corporation Secures $5 Million Credit Facility with Old National Bank to Procure Rare Earth and Critical Mineral Feedstocks
TSL Express Daily Articles & News
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Paul Hastings Adds Premier Restructuring and Private Credit Team, Further Strengthening Market-Leading Restructuring and Finance Platforms
In a move that further strengthens its market-leading restructuring and global finance platforms, Paul Hastings LLP announced today that a team of top-tier restructuring, private credit and special situations lawyers has joined the firm across multiple locations.
TSL Express Trending Story
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TSL Express’ senior editor sat down with Tim Burniston, senior advisor, Regulatory Strategy, for Wolters Kluwer Compliance Solutions to discuss the results of Wolters Kluwer’s Regulatory & Risk Management Indicator survey. Burniston advises Wolters Kluwer’s Financial & Corporate Compliance divisional leadership team and clients on emerging issues, legislative and regulatory developments, and regulatory strategy.
TSL Express Daily Headlines & News
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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J D Factors Provides $7,075,000 in new Factoring Facilities in December
January 6, 2025J D Factors provided $7,075,000 in new factoring facilities to 28 new clients in the US and Canada during the month of December. Some of these facilities include: a $150,000 factoring facility for an exhaust fan cleaning service company in Florida and a $3,000,000 factoring facility for a transportation company in Indiana.
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NextDecade Announces $175 Million Senior Secured Loan
January 6, 2025NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) announced today that its wholly owned subsidiary, Rio Grande LNG Super Holdings, LLC, has entered into a credit agreement with General Atlantic Credit's (“GA Credit”) Atlantic Park Fund that provides for a $175 million senior secured loan (the “Senior Loan”).
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NN, Inc. Announces New Credit Facility and Strategic Moves
January 6, 2025NN, Inc. has announced a new $50 million asset-backed revolving credit facility, which marks a significant step in its balance sheet optimization strategy. This new credit agreement will aid in refinancing existing obligations and is expected to enhance the company’s financial flexibility, reflecting market confidence in NN, Inc.’s strategic transformation and growth initiatives.
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Cahill Announces Election of Four New Partners and Two New Counsel
January 6, 2025Cahill Gordon & Reindel LLP announced today that Andrew Cochran, Michael Dvorak, Michael Makhotin, and Nikolas Rodriguez have been elected to the partnership, effective January 1, 2025. In addition, Kenneth Ritz and Jenny Warshafsky have been promoted to Counsel, also effective January 1, 2025.
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Siena Lending Group LLC Increases its Senior Leverage Facility to $850 Million
January 6, 2025Siena Lending Group LLC (“Siena”) today announced an increase and extension to its senior credit facility with Wells Fargo Capital Finance to $850 million. The amendment also includes an accordion of $100 million.
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Gibraltar Expands ABL Facility for Pharmaceutical Distributor to $30MM
January 6, 2025Gibraltar prides itself on longstanding financing partnerships, as demonstrated by its recent collaboration with existing customer Prodigy Health. GBC recently increased its asset-based loan facility to $30MM, further supporting Prodigy Health's growth.
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Ares Commercial Finance Provides a $25 Million Credit Facility to Herschel Supply Co.
January 6, 2025Ares Commercial Finance announced today that it has provided a $25 million senior secured revolving line of credit to Herschel Supply Co. (“Herschel” or the “Company”), a Vancouver-based distributor and retailer of bags and accessories. Proceeds from the financing will provide the Company additional liquidity for working capital.
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B. Riley Securities Serves as the Exclusive Financial Advisor to Q-Mation, Inc. in Connection with its Recapitalization by the Halifax Group
January 6, 2025B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as the exclusive financial advisor to Q-mation, Inc. ("Q-mation" or the "Company") in connection with its recapitalization by The Halifax Group, LLC. ("Halifax Group").
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Hidden River Invests in ServiceMaster Restore Franchisee
January 6, 2025Hidden River Strategic Capital is pleased to announce its platform investment in Restoration Alliance, a leading franchisee within the ServiceMaster Restore franchise system. Hidden River partnered with existing management and Taurus Capital Partners to recapitalize the business and provide growth capital.
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Moritt Hock & Hamroff Announces 2025 Attorney Promotions
January 6, 2025Moritt Hock & Hamroff has announced that Brian Adelman and Jodi B. Zimmerman have been elevated to Partner, while Allison Arotsky, Julie R. DeLeόn and Ronald P. Perry, have all been elevated to Counsel, effective January 1, 2025.
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Rosenthal Closes $4 Million Purchase Order Financing Deal for Global Manufacturing Company
January 6, 2025Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of a $4 million purchase ordering financing facility to support a U.S.-based global manufacturing company with a multi-faceted government contract.
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AFS Closes a $5MM ABL Facility to an Electronic Communication Systems Manufacturer
January 6, 2025Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5MM accounts receivable asset-based lending (ABL) credit facility to a company specializing in the design and manufacturing of electronic communication systems serving the nation’s leading aerospace and defense contractors.
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Mesirow Acquires Leading Asset-Backed Lender, Bastion Management, in Strategic Expansion of Firm's Alternative Investments Capabilities
January 6, 2025Mesirow, an independent, employee-owned financial services firm, today announced that it has acquired Bastion Management, an asset-backed specialty finance lender. The acquisition closed on December 31, 2024.
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Davies Appoints Matt Button as Deputy Group CEO as Firm Invests for the Future and Unveils its Vision-2030 Strategy
January 6, 2025Davies, the leading specialist professional services and technology company serving insurance and highly regulated markets, today announced the appointment of Matt Button as Deputy Group Chief Executive Officer.
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Troutman Pepper Locke Officially Launches
January 6, 2025Troutman Pepper and Locke Lord have merged to form Troutman Pepper Locke LLP, a law firm with more than 1,600 attorneys across 33 offices in the United States and Europe.
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Pixie Dust Technologies Announces Debt Financing
January 6, 2025Pixie Dust Technologies, Inc. (the "Company"), a Japanese technology company focused on commercializing innovative products and materials utilizing proprietary wave control technology, today announced its new debt financing.
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NXT Capital Closes Senior Credit Facility in Support of Rainier Partners’ Investment in Welfare & Pension Administration Service
January 6, 2025NXT Capital announced today that it closed a senior credit facility in support of Rainier Partners’ investment in Welfare & Pension Administration Service. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.
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Eclipse Business Capital Provides $265 Million Senior Secured Credit Facility to Consumer Products Distributor
January 6, 2025Eclipse Business Capital LLC (“EBC”) announced that it has provided a $265 million senior secured credit facility to a consumer products distributor. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity to support ongoing working capital and letter of credit needs.
The Secured Lender
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