Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced closing of a $19.4 million asset-based revolving line of credit for Olli Salumeria (“Olli”).

O’Melveny announced today that experienced capital markets lawyer David Ni has rejoined the firm’s New York office as a partner in the Capital Markets Practice Group. His arrival bolsters the team’s East Coast capabilities and expands its nationwide roster of top-tier transactional advisors.

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Paul Leece, Jeremi Martin and Daniel Allmomen to its energy, power & infrastructure investment banking group. These three strategic hires, along with additional junior bankers, highlight a further expansion into the infrastructure sector, which includes not only traditional and renewable energy but also extends into the tech and transportation sectors.

Commercial chapter 11 filings increased 20 percent in calendar year 2024 to 7,879 from 6,583 filings the previous year, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial filings increased 17 percent to 30,009 from the 25,731 registered the previous year.

Grant Thornton Advisors LLC in the US (Grant Thornton Advisors) and Grant Thornton Ireland have closed their previously announced transaction to create a global multidisciplinary platform providing audit, advisory and tax services to a growing international client base.

J 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.

Aypa Power, a Blackstone portfolio company and a leading developer and operator of utility-scale energy storage and hybrid renewable energy projects, successfully closed a $190 million financing package for the Bypass Battery Energy Storage System (BESS) project.

Biora Therapeutics, Inc. (“Biora” or the “Company”), a biotech company developing smart pill-based therapeutic platforms, today announced it has reached an agreement with certain of its prepetition creditors (the “Lenders”) to provide financing to support a chapter 11 sale process, which will ultimately lead to a strengthened balance sheet and help enable it to launch its next stage of product development.

Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest” or the “Company”), a national leader in environmental waste and recycling services, today announced that the Company has successfully completed its refinancing process, and has amended its financing agreements with Monroe Capital Management Advisors, LLC (“Monroe”) and PNC Bank (“PNC”).

KeyCorp (NYSE: KEY) today announced that The Bank of Nova Scotia ("Scotiabank") has completed its purchase of KeyCorp's common stock with an investment of approximately $2.0 billion, as expected. With this investment, Scotiabank (TSX: BNS) (NYSE: BNS) now owns approximately 14.9% of KeyCorp's common stock.

Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, has successfully secured a $100 million Bitcoin-backed credit facility. This landmark credit facility will further enhance Allo's BTC-backed lending services, catering to institutional and individual participants eager to engage in the growing crypto lending market.

Gordon Brothers, the global asset experts, has sold the Laura Ashley® brand, archives and related intellectual property to Marquee Brands, the global brand accelerator.

A&G Real Estate Partners, real estate advisor to Party City Holdco Inc. (“PCHI” or the “Company”), today announced plans to auction 695 Party City store leases as the nearly 40-year-old celebrations retailer begins to wind down its operations. Going-out-of-business sales are now underway at those retail locations.

Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products, today announced the successful closing of an asset-based revolving credit facility (the "Facility") with MidCap Financial, a leading commercial finance company focused on middle market transactions, ("MidCap Financial").

Diamond Sports Group announced today that it has completed its financial restructuring and has emerged from Chapter 11 as Main Street Sports Group (“Main Street Sports” or the “Company”) with a significantly deleveraged balance sheet.

NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, announced today that it has entered into an ABL Credit Agreement governing a new asset-backed senior secured revolving credit facility (the “ABL”). The new ABL Credit Agreement will provide NN Inc. with a $50 million revolving credit facility.

Carbon Revolution plc (Nasdaq: CREV) (the "Company"), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, today announced that it has reached an agreement with Orion Infrastructure Capital ("OIC") for a further US$25 million financing

PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) announced that it has upsized its credit facility, led by Truist Bank (the “Credit Facility”) to $736 million from $636 million. Pricing on this facility remained unchanged at SOFR plus 225 basis points.

- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to announce that on December 31, 2024 it entered into a completed credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II LP (“Nebari”) pursuant to which the Company will borrow up to a maximum principal amount of US$35 million.

Kuber Mortgage Investment Corporation ("Kuber" or the "Company") is pleased to announce an increase to its revolving credit facility (the "Credit Facility") from $100 million to $160 million with continued support by two of Canada's largest banks and the addition of one of the largest US banks as a syndicate partner, effective December 23, 2024.