In a letter to Isabella Guzman, Secretary of the Small Business Administration, SFNet expressed material concerns regarding the SBA’s new Working Capital Pilot program, targeting under-served small business borrowers. SFNet provided recommendations to mitigate risks and improve outcomes leveraging current SFNet member capabilities.

The gym chain has filed for Chapter 11 bankruptcy in Delaware, struggling with high competition and costs, while continuing operations and aiming to repay creditors.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences, healthcare services, healthtech, business services and SaaS companies worldwide, today announced the closing of a $47 million senior credit facility to Creative Solutions in Healthcare, Inc.

Moritt Hock & Hamroff announced today that Gary S. Rosner, a Partner and member of the firm’s Alternative Dispute Resolution and Litigation Practice Groups has been appointed to the Florida Supreme Court's Mediator Ethics Advisory Committee (MEAC) by Chief Justice Carlos G. Muniz for a four (4) year term through June 30, 2028.

Cornerstone Business Credit is pleased to announce the funding of an expandable $25,000 line of credit to a start-up personnel agency.

MidCap Business Credit announced today they have closed on a $5,000,000 asset-based credit facility for Premier Engineered Products, a portfolio company of Colfax Creek.

Agree Realty Corporation (NYSE: ADC) (the "Company") today announced it has entered into a Fourth Amended and Restated Revolving Credit Agreement which increases its senior unsecured revolving credit facility (the "Credit Facility") to $1.25 billion. The Credit Facility includes an accordion option that allows the Company to request additional lender commitments up to a total of $2.0 billion. The Credit Facility will mature in August 2028 with Company options to extend the maturity date to August 2029.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, has agreed to acquire Waller Helms Advisors (Waller Helms), an independent advisory firm that provides investment banking services to clients in the insurance and wealth management sectors. The transaction, signed on August 6, 2024, confirms Houlihan Lokey as the premier investment banking advisor in these sectors and underlines the firm’s leadership across the global financial services sector. The deal is expected to be completed before December 31, 2024, following regulatory approvals.

B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank, is pleased to have served as exclusive financial advisor to Kimball Electronics, Inc. (NASDAQ: KE) (“Kimball Electronics” or the “Company”) in the successful completion of the sale of its Automation, Test, and Measurement (“AT&M”) business to Averna Technologies.

A valued client in the electrical contracting industry recently turned to Loeb for help in refinancing their existing debt. The current owners, who bought the company two years ago, had accumulated multiple loans that needed to be combined into a single, manageable loan to ensure continued growth and financial stability.

CVC Credit, the $45bn global credit management business of CVC, is pleased to announce that it has successfully priced Apidos XLIX (49), a new $500m (c.€460m) Collateralized Loan Obligation ("CLO"). BNP Paribas served as lead arranger for CVC Credit’s fourth CLO pricing in North America this year.

SSG Capital Advisors, LLC (“SSG”) served as the investment banker to ICON Aircraft, Inc. (“ICON” or the “Company”) in the sale of substantially all assets to an affiliate of Dürkopp Adler GmbH (“DA”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the District of Delaware.

Allianz Trade North America is the oldest and largest provider of trade credit insurance. We offer both domestic and export credit insurance policies that ensure clients against commercial and political risk in more than 200 countries worldwide. Allianz Trade is rated A+ (Superior) by A.M. Best and AA by Standard & Poor’s.

Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it has entered into a strategic financing agreement with Sixth Street for significant, long-term, non-dilutive capital to fund innovation and growth opportunities across Arrowhead’s robust and diverse pipeline of RNAi therapeutics.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Global M&A Network has recognized its Transaction Advisory team with three awards.

Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Maura A. Markus and Dr. Colin J. Parris have joined the company's board of directors.

TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it has entered into an amendment to its revolving credit facility (“Credit Facility”) to, among other things, extend the revolving period from August 31, 2024 to November 30, 2025 and the scheduled maturity date from November 30, 2025 to May 30, 2027.

U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Arijit Roy will become the newest member of its Managing Committee, a group of 16 executives with various responsibilities for the organization’s revenue lines, enabling functions and independent risk teams.

In a strategic financial move, Allegro Microsystems, Inc. (NASDAQ:ALGM) has entered into a significant amendment to its existing credit agreement, securing a new $400 million tranche of term loans. This financial maneuver, which took place on Monday, was detailed in a recent 8-K filing with the Securities and Exchange Commission.

First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's.