Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer of high-quality refined products, today announced it entered into a Restructuring Support Agreement (the “RSA”) with overwhelming support of 100% of the Company’s term loan lenders (the “Consenting Term Loan Lenders”).

KKR, a leading global investment firm, today announced the final closing of KKR Ascendant Fund SCSP (“Ascendant” or the “Fund”), a $4.6 billion fund dedicated to investing in middle market businesses in North America. Launched in 2022 as part of KKR’s Americas Private Equity platform, Ascendant is the first KKR vehicle solely focused on opportunities in the middle market.

Porter Capital, a premier provider of flexible funding solutions, has extended a $15 million line of credit to a leading cold-rolled steel manufacturer. This partnership will provide the manufacturer with enhanced working capital to support its continued growth and operational expansion.

SG Credit Partners, through its SG Software + Technology division, is excited to announce its partnership with Munetrix, a leading provider of performance analytics solutions for K-12 schools. The financing provided by SG supported Munetrix’s merger with SchoolData Solutions, a top education technology company renowned for its innovative data analytics.

Castlelake L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based investing with nearly 20 years of experience in aircraft investing, leasing and servicing, today announced it has secured commitments for over $1 billion of aviation financing in a term loan facility to support its continued investment in and acquisition of in-demand aviation assets.

A group of banks led by Wells Fargo & Co. launched a $1.6 billion term loan B to help support Tempur Sealy International Inc.’s acquisition of Mattress Firm Group Inc., according to a person familiar with the matter, as the Federal Trade Commission is moving to block the deal.

Persistent inflation and election-year uncertainty will lead to lower spending across the board this holiday season. Shoppers are more likely to start shopping after Halloween, hunt for deals and consider value brands, and cut back on gifts for themselves, according to a forecast and Holiday Outlook Survey released by AlixPartners, the global consulting firm.

Ares Commercial Finance announced today that it has provided a $30 million senior secured revolving line of credit to Shapiro Metals. (“Shapiro” or the “Company”). The Company, based in St. Louis, Missouri, creates customized recycling programs for manufacturing partners across a broad range of industries, in addition to trading materials with consumers across the globe. announced today that it has provided a $30 million senior secured revolving line of credit to Shapiro Metals. (“Shapiro” or the “Company”).

Crown Partners announced that it served as exclusive financial advisor to a sponsor-backed distributor for a wide range of home services products (the “Company”). In connection with this mandate, Crown arranged a new $75 million ABL revolver for the Company with Siena Lending Group, and restructured an existing $100 million term loan from the Company’s cash flow term lender.

NXT Capital announced today that it closed a senior credit facility in support of the acquisition of Horizon Group by GHK Capital Partners LP (“GHK”). NXT Capital acted as the Co-Lead Arranger and Joint Bookrunner on this transaction.

Clifford Chance has advised Mexico-based Gonher Music Center on its acquisition, through newly formed US affiliates, of storied US music retailer Sam Ash. The 42-store retail chain filed for Chapter 11 bankruptcy protection in May 2024, citing declining sales as customers shifted to online shopping during the COVID-19 pandemic, and subsequently launched a court-supervised sale process under Section 363 of the Bankruptcy Code.

Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the closing of an amendment and extension to its long-term warehouse facility. Features of this facility include: $306 million total commitment; Goldman Sachs as senior lender – and Jefferies, as mezzanine lender – both existing, longstanding lenders to Oportun

Butterfly, a Los Angeles-based private equity firm specializing in the food sector, today announced the successful closing of a $300 million second lien term loan facility (the “Second Lien Term Loans”) issued by portfolio company Milk Specialties Global (“Milk Specialties” or the “Company”).

Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced that its wholly-owned subsidiary, Life Time, Inc., has completed the refinancing of its revolving credit facility.

Latham & Watkins has advised the banks on Halyk Bank of Kazakhstan’s successful signing of its US$300 million syndicated term loan, comprising one-year and three-year tenor tranches.

A California-based, national staffing firm wanted a new financing partner after its incumbent bank opted not to renew its current line of credit due to the size of the credit facility, as the bank chose to focus on mid-market clients.

Further strengthening its market-leading financial restructuring practice and continuing its strategic expansion in Texas, Paul Hastings LLP has added restructuring lawyer Charles Persons as a partner in Dallas.

Wrena, LLC, a leading full-service automotive supplier of stamped structural, tubular components, assemblies, and fine blank components, today announced that it has voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan to pursue a sale of the company's assets.

Alaska Air Group, Inc. (the "Company") today announced that it launched a proposed senior secured term loan facility and intends to issue additional pari passu senior secured debt (collectively, the "Mileage Plan Financing"). The aggregate principal amount of the Mileage Plan Financing is expected to be $1.5 billion.

Lighthouse Financial Corp. is pleased to announce the completion of a $3,175,000 Credit Facility to an Atlanta-based manufacturer and distributor of healthy snacks and supplements.