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  • Indivior Extends Its Debt Maturity With Refinancing of Term Loan
    November 6, 2024
    Indivior Plc has entered into a refinancing agreement that would allow it to push back the maturity on its existing term loan with new six-year debt facilities.
  • Curaleaf Secures New $40 Million Revolving Credit Facility
    November 6, 2024
    Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced it successfully completed a new $40 million revolving credit facility with a major commercial regional bank. The credit line will be available to be drawn down as needed for general corporate purposes and working capital needs.
  • Holland & Knight Grows Project Finance Capabilities with Addition of Patricia "Tricia" Duffy in Washington, D.C.
    November 6, 2024
    Holland & Knight has strengthened its Financial Services Team with the addition of Patricia "Tricia" Duffy as a partner in Washington, D.C. Ms. Duffy represents sponsors, equity investors, developers and lenders in the development, construction and financing of energy and infrastructure projects, including solar, wind, battery storage, hydroelectric and other renewable energy projects.
  • Katten Premier Private Credit Practice Grows With New Partner in New York
    November 6, 2024
    Katten announced today that Maximilien Pucci-Sisti Maisonrouge has joined its Private Credit practice as a partner in New York. There, he will apply his proven ability to navigate complex transactions and provide key guidance on various deal types, assisting the group's longtime work with many of the most active investors in the market.
  • October Total Bankruptcy Filings Increased 16 Percent over 2023
    November 6, 2024
    Total bankruptcy filings were 47,104 in October 2024, a 16 percent increase from the October 2023 total of 40,674, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.
  • Delta Apparel Faces Chapter 11 Bankruptcy Challenges
    November 6, 2024
    Delta Apparel has filed for Chapter 11 bankruptcy protection in the District of Delaware court. The news was announced following several challenges the apparel supplier faced over the course of the last several months, including the closure of its DTG2Go business and the departure of several key executives.
  • Silgan Announces Completion of Amendment to Senior Secured Credit Facility
    November 6, 2024
    Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has completed an amendment to its existing senior secured credit facility.
  • Wrena, LLC Announces Chapter 11 Bankruptcy Sale Process Under Section 363
    November 6, 2024
    Wrena, LLC ("the Company"), a full-service supplier of stamped metal products to the automotive industry, has announced a sale process under Chapter 11, Section 363 of the U.S. Bankruptcy Code.
  • Arch Capital Expands Credit Facility by $170 Million
    November 5, 2024
    Arch Capital Group Ltd. (NASDAQ:ACGL), a Bermuda-based insurer, has increased its letter of credit facility by $170 million, according to a recent SEC filing. The amendment to the credit agreement, executed on October 30, 2024, with Lloyds (LON:LLOY) Bank Corporate Markets plc, raises the available credit to $700 million.
  • eCapital Announces Upsizing of its ABL Facility to $987 Million, Strengthening Position and Supporting Strategic Growth
    November 5, 2024
    eCapital Corp. (“eCapital”), a tech-enabled leader in financing solutions for small and medium-sized businesses (SMBs) across North America and the U.K., announced today the successful upsizing of its subsidiaries’ asset-based lending (ABL) facility, which expanded from $815 million to $987 million
  • SLR Equipment Finance Expands its Financial Management Capabilities and Announces That Shila Ray has Joined
    November 5, 2024
    SLR Equipment Finance (‘SLR EQF’) is pleased to announce Shila Ray has joined our company as Chief Financial Officer. In his position, Shila will play a key role in leading the Finance Team and in shaping portfolio strategies, undertaking investment/financing decisions and communicating with financial institutions/stakeholders.
  • RA Capital Funding LLC Extends 2M Line of Credit to Black Car Biz
    November 5, 2024
    RA Capital Funding LLC, a finance lender that specializes in asset-based lending and factoring in multiple industries, has closed on a $2 million credit facility with a northeast tri-state black car service company. The financing will be used for working capital and to foster expansion.
  • Republic Business Credit and Change Capital Provide $17 Million in Financing to Southeast-Based Outdoor Apparel Manufacturer
    November 5, 2024
    An outdoor apparel manufacturer approached Republic Business Credit for an asset-based loan when its existing senior lender could no longer support the company’s accelerated growth. Republic was able to provide a $15,000,000 asset-based loan and partnered with Change Capital to secure an additional $2,000,000 junior debt facility.
  • Phoenix IB Advises Spray Products in Successful $40 Million Refinancing
    November 5, 2024
    Phoenix IB®, a part of J.S. Held, a leading middle market special situations investment bank and independent licensed broker-dealer under federal and state securities law (CRD#: 132710/SEC#: 8-66628), acted as the exclusive investment banker to its long-term client, Spray Products Corporation, in arranging, structuring, and negotiating a $40 million loan package with Legacy Corporate Lending.
  • B. Riley Securities Serves as Sole Placement Agent to Cadiz, Inc. in $23 Million Registered Direct Offering
    November 5, 2024
    B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have acted as the sole placement agent to Cadiz, Inc. (NASDAQ: CDZI/CDZIP) in the $23 million direct offering of their common stock.
  • Eclipse Business Capital Provides $100 Million Senior Secured Credit Facility to Specialty Chemical Manufacturer
    November 5, 2024
    Eclipse Business Capital LLC (“EBC”) announced that it has provided a $100 million senior secured credit facility to a specialty chemical manufacturer. 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.
  • Truist Hires Kerry Jessani to Lead new Mid-Corporate Banking Team
    November 5, 2024
    Truist Financial Corporation (NYSE: TFC) today announced it has hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies across the U.S.
  • SLR Credit Solutions Agents Senior Credit Facility For Eclipse RTO
    November 5, 2024
    SLR Credit Solutions (“SLR CS”) announced the closing of a Senior Credit Facility comprised of a term loan and revolver for Eclipse RTO (“Eclipse” or the “Company”), a leading rent-to-own operator specializing in furniture, appliances, and electronics. Eclipse is a portfolio company of CMG Companies (“CMG” or the “Sponsor”).
  • Willis Lease Finance Corporation Announces New Revolving Credit Facility
    November 5, 2024
    Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported that on October 31, 2024, the Company entered into a new, $1.0 billion, five-year, revolving credit facility (the “Credit Agreement”) among WLFC, certain wholly-owned subsidiaries of WLFC, as guarantors, the lenders party thereto from time to time (the “Lenders”), and Bank of America, N.A., as administrative agent, collateral agent, swing line lender, and letter of credit issuer.
  • Flow Beverage Corp. Closes $4.1 Million Secured Term Loan
    November 4, 2024
    Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (“Flow” or the “Company”) today announced that it has obtained a secured term loan of CAD$4.1 million (the “Loan”) from RI Flow LLC (“RI Flow”). RI Flow is affiliated with NFS Leasing Canada Ltd. (“NFS Canada”), an existing lender to Flow, and its founder Clifford L. Rucker.
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