- Manulife | Comvest Credit Partners Leads $130 Million Refinancing of Sylmar to Support Expansion Strategy
- Gordon Brothers Serves as International Agent for $126M Financing Package to Support Valore Holdings’ Acquisition of Mirai Casting Group
- Bluth Named CohnReznick’s New Office Managing Partner – New York, NY
- Beacon Pointe Advisors Announces Leadership Transition
- Michael Karangelen, Former CEO of North America for Investindustrial, Joins Star Mountain Capital as Member of the Firm’s Executive and Investment Committees
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
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Buchalter Welcomes Back Commercial Finance Partner in LA
Buchalter is pleased to welcome back Anthony Callobre as a Commercial Finance Partner in its Los Angeles office. Callobre’s clients include credit providers, such as commercial banks, commercial finance companies, private debt, private equity groups, and other investors and lenders, as well as credit takers, both financial and strategic.
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Tariffs in Flux: Supreme Court Limits, New Proposals, and the Secured-Finance Credit Outlook
Editor's Note: Expert commentary on this topic will be published soon—stay tuned.
The U.S. Supreme Court’s February 2026 decision in Learning Resources, Inc. v. Trump has introduced significant uncertainty—not just relief—into the secured-finance ecosystem. While the ruling curtailed tariffs previously imposed under emergency authority, President Donald Trump has simultaneously proposed sweeping new tariff measures, including broad universal duties and sharply higher China-specific tariffs. For asset-based lenders, trade-finance providers, restructuring professionals, and import-dependent borrowers, the combined effect is less a clear liquidity windfall than a shifting policy landscape with uneven credit consequences.
The U.S. Supreme Court’s February 2026 decision in Learning Resources, Inc. v. Trump has introduced significant uncertainty—not just relief—into the secured-finance ecosystem. While the ruling curtailed tariffs previously imposed under emergency authority, President Donald Trump has simultaneously proposed sweeping new tariff measures, including broad universal duties and sharply higher China-specific tariffs. For asset-based lenders, trade-finance providers, restructuring professionals, and import-dependent borrowers, the combined effect is less a clear liquidity windfall than a shifting policy landscape with uneven credit consequences.
TSL Express Daily Headlines & News
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Wells Fargo Names Dennis Devine to Lead Business Banking
February 24, 2026Wells Fargo & Company (NYSE: WFC) today announced that Dennis Devine has been named the company’s new head of Business Banking, effective today. In this role, Devine will lead the Business Banking team, which serves the financial needs of business owners with annual sales of up to $25 million
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Green Thumb Industries Announces an Additional $50 Million Senior Debt Financing
February 24, 2026Green Thumb Industries Inc. (“Green Thumb” or the “Company”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, today announced the Company increased its existing syndicated credit facility led by Valley National Bank by $50 million, bringing the total facility to $189 million.
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VSS Capital Partners Announces Team Promotions
February 24, 2026VSS Capital Partners (“VSS”), a leading private investment firm specializing in the healthcare, education, and business services sectors, today announced the promotions of Brad Corbin to Managing Director, Aditya Govil and Sai Parepally to Principals, Jon-Michael Beckelman to Vice President, Jack Lewin to Senior Associate and Dan Miyoshi to Assistant Controller.
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Gordon Brothers Serves as International Agent for $126M Financing Package to Support Valore Holdings’ Acquisition of Mirai Casting Group
February 23, 2026Gordon Brothers, the global asset experts, served as international agent for a $126 million facility to support Valore Holdings’ (Valore) acquisition of Mirai Casting Group (Mirai), a leading international Tier 1 supplier of automotive casting products major U.S., Japanese and European original equipment manufacturers.
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Blank Rome Expands in Pittsburgh with Addition of Leading Corporate and M&A Partners Bob Zinn and Megan Wotherspoon
February 23, 2026Blank Rome LLP is pleased to announce that Robert P. “Bob” Zinn and Megan A. Wotherspoon have joined the firm’s Pittsburgh office as partners in the Corporate, M&A, and Securities group and the Financial Services industry team. They join Blank Rome from K&L Gates, where Bob co-led its firm-wide corporate practice from 2007 to 2023 and was a founder of its manufacturing and FinTech industry groups.
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Republic Business Credit Provides $2 Million Factoring Facility to Automotive Products Manufacturer
February 23, 2026Republic Business Credit provided a $2 million factoring facility to a West Coast-based small business that supplies parts for the U.S. automotive industry. The financing optimizes the Company's working capital by enabling extended customer payment terms that align with industry standards.
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eCapital and 123Loadboard Establish Strategic Collaboration to Connect Transportation Clients with Freight Opportunities
February 23, 2026eCapital Corp. (“eCapital”), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, today announced that the eCapital Transportation Group has entered a strategic partnership with 123Loadboard. As one of North America’s longest-running digital freight-matching platforms, 123Loadboard is known for helping carriers and brokers find loads and keep trucks moving.
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Tiger Finance Provides $15 Million Credit Facility to Support Ashley Stewart’s Transformation and Omnichannel Growth
February 23, 2026Tiger Finance has provided a $15 million revolving credit facility to Ashley Stewart, the women’s fashion and lifestyle brand founded in Brooklyn in 1991. The financing enhances the company’s liquidity position and will support ongoing growth initiatives under new ownership.
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Honigman Welcomes Strategic Private Equity Duo to Growing Chicago Office
February 23, 2026Honigman LLP announced today that Alexander (Alex) Moss and Injune Park have joined the firm’s nationally recognized Private Equity Practice in the firm’s Corporate Department. Marking the seventh and eighth partners to join the firm this year, Park and Moss both join Honigman’s private equity practice from Benesch, Friedlander, Coplan & Aronoff on the heels of George Stowe, who also joined Honigman from the same firm last fall.
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Eldridge Closes $350 Million Lease Facility with ProPetro
February 23, 2026Eldridge Capital Management (“Eldridge”) today announced the closing of a $350 million lease facility with ProPetro Energy Solutions, LLC d/b/a PROPWRSM (“PROPWR”), a wholly owned subsidiary of ProPetro Holding Corp. (NYSE: PUMP).
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Herbalife Plans to Refinance Senior Secured Debt
February 23, 2026-Herbalife Ltd. (NYSE: HLF), a premier health and wellness company, community and platform, today announced plans to refinance its senior secured debt. The Company is targeting $1.55 billion of secured financing, which is expected to include a $425 million revolving credit facility, a $125 million Term Loan A, a $500 million Term Loan B and $500 million of other secured debt.
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CAN Capital Acquires Equipment Finance Portfolio and Platform
February 23, 2026CAN Capital, a leading provider of access to alternative financing solutions for small and medium-sized businesses, today announced that it has acquired the equipment finance portfolio and platform of Republic Bank Finance, a division of Republic Bancorp, Inc. (NYSE: RBCAA), headquartered in Lexington, Kentucky.
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Law Firms Gird for Tariff Refund Fight After Supreme Court Ruling
February 23, 2026After the U.S. Supreme Court ruled on Friday that President Donald Trump lacked authority to impose tariffs under a law meant for use in national emergencies, litigation is expected to turn to the U.S. Court of International Trade, where companies have already hired an army of lawyers to help them recoup their tariff losses.
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Western Alliance Bank Supports OnQ With $7.5 Million Asset-Based Line of Credit
February 23, 2026Western Alliance Bank today announced that OnQ, the leading retail display company, has secured an enhanced credit facility with the bank’s Asset-Based Lending Group. Western Alliance Bank is supporting OnQ by providing a $7.5 million asset-based line of credit and customized treasury management solutions to support the company’s current growth trajectory. The line of credit provides OnQ with flexibility as it scales its platform to serve a growing base of global retail brands.
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Private Credit Quality Continues to Weaken
February 23, 2026Within the universe of private credit ratings issued by Morningstar DBRS, re-rating themes remain focused on weaker credit quality as we head into the latter half of the first quarter.
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NXT Capital Closes Senior Credit Facility in Support of Riverarch Equity Partners’ Acquisition of Walex Products Company, Inc.
February 23, 2026NXT Capital announced today that it closed a senior credit facility in support of Riverarch Equity Partners’ acquisition of Walex Products Company, Inc. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.
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Saks Global Receives Final Approval on Bankruptcy Funding
February 23, 2026Saks Global took a big step forward in its bankruptcy case on Friday when a federal judge gave the final sign-off on the debtor-in-possession financing meant to see it through the Chapter 11 process and back to solvency.
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Azul Completes Chapter 11 Restructuring, Reduces Debt by $2.5 Billion
February 23, 2026Azul S.A. (B3:AZUL53; OTC:AZULQ) announced Friday it has completed its voluntary financial restructuring under Chapter 11 proceedings in the United States. The company stated in a press release that it has emerged from the process after repaying debtor-in-possession financing and settling a public share offering.
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Colliers Extends Maturity and Enhances Flexibility of its US$2.25 Billion Credit Facility
February 23, 2026Colliers (NASDAQ and TSX: CIGI), a global leader in professional services and investment management, announced today that it has amended its revolving credit facility. The amended agreement extends the maturity to February 2031, providing significant long-term financial flexibility.
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Park Dental Partners Amends $28 Million Credit Facilities With U.S. Bank, Extends Revolver to 2029
February 23, 2026Park Dental Partners amended its Amended and Restated Credit Agreement with U.S. Bank, effective Jan 1, 2026, covering a $15 million revolving line and a $13 million term loan.
The Secured Lender
SFNet's The Year Ahead Issue
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