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Today's Top Story
Featured
Legislative Alert: SFNet Succeeds in Halting New CA Disclosure Legislation
At a session of the California State Legislature, Senate Bill 869, which would have introduced new, additional disclosure requirements related to APR and subjected asset based lenders and factors to penalties for non-compliance, did not move out of the Senate Appropriations Committee.
TSL Express Trending Story
Featured
Vikram Savkar, General Manager for Compliance Solutions at Wolters Kluwer, Discusses his New Role
In July, Wolters Kluwer announced Vikram Savkar was hired as general manager, Compliance Solutions. In this capacity, Savkar oversees a successful, growing business within Wolters Kluwer noted for its product innovation, technology advancements, and unparalleled domain expertise. The business is dedicated to helping financial institutions efficiently manage risk and regulatory compliance obligations while gaining the insights needed to focus on better serving their customers and growing their business. Here, he discusses his top priorities and goals in his new position and compliance concerns.
TSL Express Daily Headlines & News
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WesBanco Inc. Names Jan Pattishall-Krupinski as Chief Administrative Officer
November 26, 2024WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today the appointment of Jan Pattishall-Krupinski to the role of Senior Executive Vice President and Chief Administrative Officer, effective immediately. This strategic move underscores the organization's commitment to advancing its leadership structure to support sustainable long-term growth and align with evolving business and stakeholder needs.
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Maritime Partners Announces First-Of-Its-Kind $750 Million Deferred Draw Warehouse Financing
November 26, 2024Maritime Partners, LLC ("Maritime Partners") has announced the successful closing of a $750 million, first-of-its-kind warehouse facility, which will be collateralized by three wholly owned business lines within one of its managed funds with a syndicate of lenders led by ATLAS SP Partners ("ATLAS").
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Monroe Capital Supports Zenyth Partners’ Helping Hands Family
November 26, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Mission Autism Clinics (“MAC”) by Helping Hands Family, an existing portfolio company of Zenyth Partners.
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EQT Announces $3.5 Billion Midstream Joint Venture with Blackstone Credit & Insurance
November 26, 2024EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1)
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MoneyLion Announces Successful Completion of Senior Debt Refinancing
November 26, 2024MoneyLion Inc. (“MoneyLion” or the “Company”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced that it has successfully closed a $70 million loan facility with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (“SVB”), to refinance MoneyLion’s existing senior debt and lower its cost of capital.
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 25, 2024
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 25, 2024
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Cerebro Capital Facilitates Over $90MM in Financings for 10 Companies
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Gateway Trade Funding Completes 17 Stretch Finance Transactions Totaling Almost $5,000,000
November 25, 2024
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Kayne Anderson BDC, Inc. Announces Amendment of its Corporate Credit Facility to Extend the Maturity Date and Reduce Borrowing Costs
November 25, 2024Kayne Anderson BDC, Inc. (NYSE: KBDC) (“KBDC”) (the “Company”) announced the amendment of its senior secured revolving credit facility (the “Corporate Credit Facility”).
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Peritus Capital Secures Term Loan for Oberland Agriscience to Drive Sustainable Protein Production
November 25, 2024Peritus Capital is pleased to announce a successful term loan arrangement for Oberland Agriscience Inc. The non-dilutive funding will support the Halifax-based company in scaling its production through equipment acquisitions and increased working capital.
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Chicago Atlantic Provides Term Loan to One of World’s Largest Cloud-Based In-Store Clienteling Software Providers
November 25, 2024Chicago Atlantic Admin, LLC (“Chicago Atlantic”) announced that it acted as administrative agent on the funding of a senior secured term loan for Tulip.IO Inc. (“Tulip”), one of the largest cloud-based clienteling and mobile point of sale providers, which helps iconic retail brands realize the full potential of omnichannel commerce.
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Neon Closes New $200 Million Credit Facility Led by Comerica Bank
November 25, 2024Oscar-winning indie studio Neon has secured a new $200 million credit facility, flushing the company with cash for operations and growth.
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Atome Financial Lands $200m Credit Facility led by HSBC
November 25, 2024Atome Financial, a subsidiary of Singapore-based AI-driven technology company Advance Intelligence Group, has bagged a syndicated credit facility of “up to $200 million”.
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