- Tikehau Capital Upsizes Its Existing Revolving Credit Facility to €1.15bn With an Extended Maturity to 20301
- Sallyport Commercial Finance Provides a $1.5 Million Boost for Post-CCAA Canadian Bakery
- News Detail Share Test
- TAB Bank Extends a $15 Million Asset-Based Lending Facility to Gehr Industries
- Monroe Capital Launches Monroe Capital Enhanced Corporate Lending Fund (MLEND)
TSL Express Daily Articles & News
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Today's Top Story
Featured
MidFirst Business Credit Announces New Lending Relationship with LDC Stone, Inc.
MidFirst Business Credit (MFBC) announced it has recently provided a $25 million working capital facility to LDC Stone, Inc. (“LDC”). Headquartered in Addison, TX, LDC provides design, manufacturing and installation of kitchen and bath cabinet solutions to builders/contractors of single family and multi-family dwellings.
TSL Express Trending Story
Featured
Cybersecurity: What Lenders Need to Know
Business disaster is only a click away. Cyberattacks are becoming an epidemic affecting all businesses. A single mishap can critically impair business operations or even shut down operations entirely resulting in catastrophic financial and reputational damage.
TSL Express Daily Headlines & News
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Tupperware Files for Bankruptcy as its Colorful Containers Lose Relevance
September 18, 2024Tupperware Brands filed for bankruptcy protection in Delaware late on Tuesday, succumbing to mounting losses due to poor demand for its once popular colorful food storage containers.
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QuickFi® Wins Best Platform as a Service Provider at the 2024 Global BankTech Award
September 18, 2024QuickFi® is honored to be recognized as the Best PaaS (Platform as a Service) Provider of the Year at the 2024 Global BankTech Awards. QuickFi makes business equipment financing fast and efficient for global OEMs, banks, and small business borrowers on its patented embedded lending platform.
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Octaura Launches Market Lists Protocol for Leveraged Loan Trading
September 18, 2024Octaura Holdings (“Octaura”) today announced the launch of Market Lists, a new protocol powered by data and analytics that streamlines the collateralized loan obligation (CLO) liquidation process for more efficiency throughout the trading lifecycle. Market Lists connects sellers directly to dealer and buyside communities to save time, reduce costly manual errors and create a more transparent market.
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BNY to Launch Alts Bridge Platform Broadening Investor Access to Alternative Products
September 18, 2024The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, has today announced Alts BridgeSM ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience.
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Barclays Appoints Abhishek Singhal as a Managing Director Within Technology Investment Banking
September 18, 2024Barclays today announces the appointment of Abhishek Singhal as a Managing Director within Technology Investment Banking focused on the Payments sector. Mr. Singhal will be based in New York and will report to Kristin Roth DeClark, Global Head of Technology Investment Banking.
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Lloyd A. Sprung, Previously Head of Restructuring and Debt Advisory at UBS, Joins Star Mountain Capital as Senior Advisor
September 18, 2024Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 8/31/2024) focused on generating defensive, premium yield and total returns from the less efficient and resource-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Lloyd A. Sprung has joined as Senior Advisor.
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EverBank Financial Corp Enters Into Stock Purchase Agreement To Acquire Sterling Bank & Trust, FSB
September 18, 2024Building on a strategic long-term growth plan, EverBank Financial Corp (EverBank Holdings), a bank holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, N.A. (EverBank), announced today that it has entered into a stock purchase agreement to acquire Sterling Bank & Trust, FSB, a wholly owned subsidiary of Sterling Bancorp, Inc., and merge it into EverBank.
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Standard Motor Products, Inc. Announces New $750 Million Credit Facility
September 17, 2024Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today it has entered into a new five-year $750 million credit facility, with JPMorgan Chase Bank, N.A., as agent, and a syndicate of lenders (the "Credit Facility").
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Stonebriar Closes $465 Million Loan to Nautical Solutions, L.L.C.
September 17, 2024Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a seven-year $465 million term loan credit facility with Nautical Solutions, L.L.C., a leading provider of offshore supply vessels services primarily to offshore exploration and production companies. Proceeds of the loan were used to refinance Nautical Solutions’ prior indebtedness.
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Delta Apparel Retains SB360 Capital Partners as Liquidation Consultant for Court-Approved Sale of Inventory and FF&E
September 17, 2024Delta Apparel, Inc., a leading provider of lifestyle apparel, announced that it has retained SB360 Capital Partners as the exclusive liquidation consultant to manage the sale of all remaining inventory, after separate sales of assets relating to the Salt Life and Soffe brands, through a bankruptcy court-approved sale process.
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Monroe Capital Supports Point 41 Capital Partners’ Acquisitions of Georgia Water & Fire Restoration and Property Medics of Georgia
September 17, 2024Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Point 41 Capital Partners’ acquisitions of Georgia Water & Fire Restoration (“GWFR”) and Property Medics of Georgia (“Property Medics”).
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Concord Serves as Exclusive Financial Advisor and Arranges $35MM in Senior Debt Financing in Only 9 Weeks for a Leading Wireless Telecommunications Company
September 17, 2024A private-equity backed company headquartered in the Southern U.S., specializing in mission-critical construction, maintenance, and cellular tower upgrade and FTTX infrastructure solutions for the telecommunications industry.
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Great Rock Capital Provides Over $40 Million in New Liquidity to Portfolio Companies
September 17, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that during the third quarter, it has expanded the borrowing capacity for three existing portfolio companies.
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Second Avenue Capital Partners, SB360 Capital Partners, and Ares Commercial Finance Support CSC Generation Enterprise’s Acquisition of Backcountry with a $112,000,000 Credit Facility
September 17, 2024Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the retail and consumer product sectors, along with Ares Commercial Finance (Ares), are pleased to announce the closing of a $112,000,000 Senior Secured Revolving Credit Facility and Term Loan for Backcountry, the leading, premium specialty retailer of outdoor gear and apparel.
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SG Credit Partners Announces a Senior Debt Investment in Specialty Chemical Manufacturer
September 17, 2024SG Credit Partners, through its Commercial Finance division, is excited to announce its partnership with a multi-generation manufacturer of specialty chemicals. The senior debt investment will provide enhanced liquidity for the company and enable them to continue its mission to be a leader in the global chemical manufacturing industry.
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ArentFox Schiff Welcomes Financial Restructuring & Bankruptcy Partner Scott B. Lepene
September 17, 2024ArentFox Schiff is pleased to announce the addition of partner Scott B. Lepene to its Financial Restructuring & Bankruptcy practice in the firm’s New York office. Scott has nearly two decades of experience handling matters involving insolvency and restructuring, business reorganization litigation, and distressed asset sales.
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UMB Expands Collateralized Loan Obligation (CLO) Division
September 17, 2024UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), today announces the expansion of its CLO Trustee and Loan Administration team with the hire of Henry Brigham, Willis Hwang and David Knecht.
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Third Coast Bank's $60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion
September 17, 2024Third Coast Bank, a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to announce today the successful completion of a New Syndicated Senior Credit Facility led by the Bank's Corporate Banking team.
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RSM US Middle Market Business Index Highlights Solid Business Conditions and Optimistic Outlook
September 17, 2024The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, eased slightly to 130.0 in the third quarter from 132.3 in the prior period on a seasonally adjusted basis.
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Bryant Park Capital Secures $100 Million in Capital for Deminor
September 17, 2024Bryant Park Capital ("BPC") announced today that Deminor Recovery Services ("Deminor"), a leading privately-owned global litigation funder, recently closed on an approximately $100,000,000 committed senior credit facility and asset-backed financing with two leading U.S.-based asset managers focused on the legal assets industry.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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