- Cerus Corporation Closes New Debt Facility of Up to $110 Million
- Cardo AI Launches Cash Flow Modeling Tool for Asset-Based Finance, with Live Rate Curves Powered by Bloomberg Data
- Mountain Ridge Capital Announces Successful Exit
- Tiger Group Offers OCC Pulp Mill Packed with Late-Model Equipment
- RBC Global Asset Management Expands Alternative Product Set with Launch of New Interval Fund
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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WebBank Announces Philip Gitler to Lead Newly Formed Asset Finance Team
WebBank today announced that Philip Gitler has been named Senior Vice President, Head of Asset Finance, reflecting his expanded leadership of the Bank’s newly formed Asset Finance team. The new team combines WebBank’s Lender Finance and Partner Finance businesses under a unified platform designed to deliver integrated financing solutions across the specialty finance ecosystem.
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The Aging Cliff in Financial Services
A quiet demographic shift is reshaping financial services. As seasoned professionals retire and fewer graduates enter the sector, firms face a widening replacement gap that threatens leadership continuity and hard-won institutional knowledge. Drawing on workforce data and industry trends, this article explains what’s driving the “aging cliff” and outlines practical ways to bridge it—starting with mentoring and smarter talent development.
TSL Express Daily Headlines & News
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Birks Group Announces the Closing of a New Term Loan Facility With Gordon Brothers Replacing Its Former Term Loan Facility and the Extension of Its Revolver Facility With Wells Fargo
June 8, 2026Birks Group Inc. (“Birks Group” or the “Company”) (NYSE American LLC: BGI) announced today the signing of a five-year $32.5 million senior secured term loan facility (“Term Loan”) with 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Group (“Gordon Brothers”) and the designated administrative agent under the facility.
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esVolta Secures Upsized Corporate Credit Facility to Support Expansion of Energy Storage Portfolio
June 8, 2026esVolta, LP (esVolta), a leading developer, owner, and operator of utility-scale battery energy storage projects across North America, announced today that it closed an expanded corporate credit facility providing up to $450 million of capital to drive new utility-scale energy storage projects in existing and new markets.
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Eastern Bank Provides Financing To Support Surety Bond Professionals’ Transition To Employee Ownership
June 8, 2026Eastern Bank today announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP), a revolving line of credit to support the company’s ongoing working capital needs, cash management solutions, as well as the availability of a comprehensive range of wealth management and retirement planning services.
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Silver Point Provides Debt Financing for Acquisition of Signal Peak Silica byIron Oak Energy Solutions
June 8, 2026Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has participated in the term loan facility supporting the acquisition of Signal Peak Silica, a leading manufacturer and reseller of high-quality local proppant, by Iron Oak Energy Solutions (“Iron Oak Energy” or “the Company”), a leading diversified proppant provider in North America.
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AIP Capital Announces Matt Stevens as Managing Director, Americas
June 8, 2026AIP Capital, an alternative investment manager focused on opportunities in asset-based finance today announced that it has expanded its team appointing Matt Stevens as Managing Director to lead AIP's commercial efforts in the Americas.
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Banco Plata Welcomes Oaktree, Macquarie Group, Fasanara and Banco Covalto with $300 Million in Total Commitments to Its Nomura-led up to $500 Million Facility
June 5, 2026Banco Plata announce that it has secured $300 million from Oaktree, Macquarie Group, Fasanara Capital and Banco Covalto under the Nomura - led up to $500 million Private Credit facility executed in December 2025. These funds add to the original commitment by Nomura.
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DHT Holdings, Inc. Announces New $250 Million Revolving Credit Facility
June 4, 2026DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that it has entered into a new $250 million reducing revolving credit facility (the “Facility”).
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RadNet Announces a Proposed $200 Million Incremental Term Loan to Fund Strategic Growth Opportunities
June 4, 2026RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of outpatient imaging centers and a premier developer of radiology digital health solutions, today announced that it seeks to secure an incremental term loan in the aggregate principal amount of $200 million (the “Proposed 2026 Incremental Term Loan”) pursuant to a proposed amendment (the “Proposed Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, the transaction, the “Loan Transaction”).
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Leading Securities Litigator Paul Rugani Joins Jones Day as Partner in Irvine
June 4, 2026Mr. Rugani brings more than 17 years of experience representing financial institutions, technology companies, accounting firms and public companies in their most significant litigation and regulatory matters. He has established a multi-faceted practice spanning securities class actions, shareholder derivative lawsuits, commercial contractual disputes, consumer class action litigation, and other complex matters at the trial and appellate levels.
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Baker Hill Launches One-Click Loan Participation Exchange with Participate to Help Financial Institutions Scale Commercial Lending
June 4, 2026Baker Hill, a leading provider of commercial loan origination, risk management and analytics solutions for financial institutions, today announced a strategic partnership with Participate to modernize how financial institutions originate, distribute and manage commercial loans.
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Tiger Group Offers OCC Pulp Mill Packed with Late-Model Equipment
June 4, 2026Tiger Group and Can-Am Machinery, Inc. are now entertaining offers for an old corrugated containers (OCC) fiber processing and recycled pulp production plant, along with a drying system capable of handling everything from sludge to renewable wood pellets.
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A&G Real Estate Partners Named ‘Real Estate Advisor of the Year’
June 4, 2026Global M&A Network has named A&G Real Estate Partners “Real Estate Advisor of the Year” in a nod to the firm’s industry-leading role in portfolio-optimization and real estate strategy in 2025.
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Abacus Finance Group Provides Senior Debt Financing to Support SBJ Capital’s Strategic Investment in 3B International, LLC
June 4, 2026Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support SBJ Capital’s strategic investment in 3B International, a global fragrance developer and brand creator.
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Flatbay Capital Provides $4,250,000 CRE Credit Line for Leading Texas Meat Processor
June 4, 2026When a product withdrawal and rising beef and poultry costs left a leading Texas meat processor cash-constrained — right as a major sales rebound was taking shape — traditional lenders stepped back. Flatbay Capital stepped in. Business Development Officer Stephanie Roehm structured a solution backed by their cold storage facility to catalyze a strategic turnaround.
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Perk Secures $300 Million Credit Facility to Accelerate Global Growth of Its AI-Native Platform
June 4, 2026Perk (formerly TravelPerk), the AI-native travel and spend management platform, today announced the close of a $300 million private credit facility led by Neuberger Speciality Finance, alongside Blue Owl Capital Inc. (NYSE: OWL), Hercules Capital Inc. (NYSE: HTGC) and Liquidity. The facility upsizes and replaces Perk's 2024 credit facility on materially improved terms.
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Provident Bank Names Annamaria Vitelli EVP, Chief Wealth Officer and President of Beacon Trust
June 4, 2026Provident Bank, a leading New Jersey-based financial institution, announced today the appointment of Annamaria Vitelli to Executive Vice President, Chief Wealth Officer of Provident Bank and President of Beacon Trust, effective immediately.
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BHI Provides $200 Million Loan for Malabar Residences, A Newly Constructed Ultra Luxury Condominium Development Located at 126 E 57th Street
June 4, 2026BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided a $200 million condo inventory loan to Malabar Residences, a newly constructed ultra luxury residential condominium and ground floor retail building located at 126 East 57th Street, Manhattan, NY, developed by MRR Development, a U.S. real estate powerhouse.
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OceanFirst Financial Corp. Completes Merger with Flushing Financial Corporation and $225 Million Strategic Investment from Warburg Pincus
June 3, 2026OceanFirst Financial Corp. (NASDAQ: “OCFC”) (“OceanFirst”), the holding company for OceanFirst Bank N.A., today announced the completion of its previously announced merger with Flushing Financial Corporation (NASDAQ: “FFIC”) (“Flushing”), the holding company for Flushing Bank. The combination creates a scaled, high-performing regional bank with a significant presence across New Jersey, New York, Long Island, and the major metropolitan areas from Massachusetts through Virginia.
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BRC Specialty Finance Provides $20 Million Senior Secured Term Loan Supporting AI-Driven HPC Data Center Infrastructure Provider
June 3, 2026BRC Specialty Finance, the direct lending platform of BRC Group Holdings, Inc. (NASDAQ: RILY) ("BRCGH") and B. Riley Securities, Inc. ("BRS"), a leading full-service investment bank, today announced that BRS has assumed a $20 million advance under a $100 million senior secured delayed draw term loan facility originated by Bit Digital, Inc. (NASDAQ: BTBT) to Enovum NC-1 Venture LLC, an indirect wholly-owned subsidiary of WhiteFiber, Inc. (NASDAQ: WYFI).
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Hidden River Strategic Capital Announces Investment in Northstar Senior Living to Support Merger with Alta Senior Living
June 3, 2026Hidden River Strategic Capital ("Hidden River") is pleased to announce an investment in Northstar Senior Living ("Northstar") in connection with Northstar's merger with Alta Senior Living ("Alta"). The combined company will operate as Northstar Senior Living.
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