On September 16, 2024, Roku (NASDAQ:ROKU), Inc., a leader in streaming entertainment devices and platforms, announced the establishment of a new credit agreement. The agreement, entered into with Citibank N.A. as the administrative agent, provides Roku with a revolving credit facility of up to $300 million with an option to increase it by an additional $300 million under certain conditions.

Wells Fargo & Company (NYSE: WFC) today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This expansion of Wells Fargo’s API portfolio provides immediate access to real-time data that may help increase sales, improve liquidity, reduce credit risk, and reduce expenses for floorplan and channel finance clients in the following industries: auto, motorsports, outdoor products and equipment, recreational vehicles, consumer electronics, appliances, and technology.

Today, The Huntington National Bank announced that banking veteran Patrice DeCorrevont has been named president of its Illinois/Wisconsin region. DeCorrevont brings more than three decades of experience to this role.

Epica International Inc., a global leader in advanced medical imaging and precision robotics, today announced the closing of an $18 million growth capital credit facility with [Avenue Venture Opportunities Fund, L.P. and Avenue Venture Opportunities Fund II, L.P., which are funds of] Avenue Capital Group.

Tupperware 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.

QuickFi® 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.

Octaura 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.

The 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.

Barclays 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.

Star 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.

Building 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.

Standard 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").

Stonebriar 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.

Delta 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.

Monroe 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”).

A 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.

Great 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.

Schottenstein 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.

SG 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.

ArentFox 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.