First Citizens Bank today announced that its Cannabis Banking business provided a $1 million working capital line of credit to MC Nutraceuticals, one of the largest global suppliers of hemp-derived cannabinoids.

Monroe Capital LLC (“Monroe”) was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year (Americas).

Kate Moore has joined Dorsey & Whitney LLP as a Partner in the Finance & Restructuring group in Phoenix, the law firm announced today. Kate advises lenders at all stages of financing transactions. She represents a broad array of clients, from some of the largest international financial institutions, to life companies and regional and specialty debt funds.

Commercial chapter 11 bankruptcy filings climbed 118 percent in February 2024, with the 882 filings versus the 377 filings in February 2023, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. The sizable increase in commercial chapter 11 filings in February was spurred by a large number of related filings in two large commercial chapter 11 proceedings.

Sidley Austin LLP and Holland & Hart LLP are serving as legal advisors to BowFlex. FTI Consulting, Inc. and FTI Capital Advisors LLC have been retained as financial advisor and investment banker to BowFlex to manage the sale and auction process.

BHG Financial, a national provider of innovative financial solutions to professionals and financial institutions for over 20 years, announced today that Tyler Crawford has been named President effective Feb. 28, 2024.

The Hedaya Capital Group, a leading provider of flexible financing solutions that enable companies to maximize growth and respond to transitional situations, provided a $1 million factoring and inventory financing facility to a distributor of bedding and home goods (the “Company”).

Mount Logan is a global alternative investment manager that offers its clients complementary solutions across the private credit and specialty finance asset classes.

Wingspire Capital LLC (“Wingspire”) and Piney Lake Capital Management LP (“PLC”) together provided a Unitranche senior credit facility to constructor subcontractor, Acousti Engineering Company of Florida.

Soft Surroundings, once a prominent name in women's fashion with a network of 44 stores across 24 states, has filed for Chapter 11 bankruptcy protection in September 2023, marking the end of its physical retail journey.

Dechert LLP announced today the addition of Brian Miner as a partner in its corporate and securities practice group, further bolstering the firm's capabilities in middle market private equity and M&A. Mr. Miner will be based in the firm's New York office.

Arkhouse Management Co. LP, today announced it has submitted an increased all-cash proposal to acquire Macy’s or $24.00 per share along with its partner, Brigade Capital Management. Arkhouse and Brigade have also disclosed additional information about their financing, including identifying Fortress Investment Group LLC and One Investment Management US as equity capital partners for the proposed transaction.

Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced the final closing of Hamilton Lane Strategic Opportunities Fund VIII ("the Fund"). The Fund represents approximately $700 million in commitments from a wide range of institutions, including over 50 investors across North America, Asia, EMEA and Latin America.

Amerisource Business Capital, a leading provider of asset-based lending and other capital products, is pleased to announce the appointment of Jeff Dunbar as Regional Market Manager in the Midwest.

Eclipse Business Capital LLC (“EBC”) announced that it has provided an $85 million senior secured ABL credit facility to an electronics retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing revolving credit facility and provide additional liquidity for working capital purposes.

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) (“Newmont” or the “Company”) and Newcrest Finance Pty Limited, a wholly owned subsidiary of Newmont (“Newcrest Finance” and, together with Newmont, the “Issuers”) announced today that they have commenced a private offering (the “Offering”) of their notes due 2026 and notes due 2034 (together, the “Notes”).

Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the Company has entered into a credit agreement with National Bank of Canada (the "Lender") providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").

Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded a new $2,500,000 revolving accounts payable funding facility for a private-equity owned automotive machine parts supplier that provides intelligent and cost-effective solutions for complicated engineering design.

Gordon Brothers, the global asset experts, is exclusively offering for sale by private treaty the Royal Falcon One superyacht. Royal Falcon One was built in 2019 and is the world’s only luxury catamaran superyacht created by Studio F.A. Porsche. The vessel is a generous four-deck, 10-berth catamaran benefiting from best-in-class design and artisanry.

Brevet Capital (“Brevet”), a leading credit investment and specialty finance firm, today announced the appointment of Mei-Li da Silva Vint to Chief Commercial Officer, effective immediately. In this new role, Ms. da Silva Vint will oversee the product development and commercial strategies of the firm and continue to co-manage Brevet’s platform origination businesses, including overseeing the operations of the Brevet Real Assets Group.