- TPG Collects $6.2 Billion for Bespoke Private-Credit Deals
- Market Sizing & Impact Study
- Rostrum Pacific Secures $150 Million in Financing from Crayhill Capital Management to Accelerate Music Catalog Growth Strategy
- MidCap Financial Announces Key Leadership Appointments as Part of Planned Succession
- Donald Cosenza, CLFP Joins Maxim Commercial Capital as SVP, Business Development
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Huntington Business Credit Closes $70 Million Credit Facility for Express Funeral Funding, LLC
Huntington Business Credit acting as Administrative Agent announced it closed a $70,000,000 new credit facility with Express Funeral Funding, LLC on June 23, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.
TSL Express Trending Story
Featured
Funding in the Food Circle – the Winds of Change
Food. It’s at the heart of all our lives. We love it – we think about it – we plan it – we talk about it.
Never before has there been so much focus on food: where it comes from, how much it costs and how to keep getting it. Just about all of us who have recently bought groceries think: “Wow – that’s a lot more expensive than it was last year.” When I said that recently to a good friend, she responded that this must be due to inflation and Ukraine. I thought: that is too simple an answer.
TSL Express Daily Headlines & News
-
Barnes & Noble Education Successfully Completes Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students
June 11, 2024Barnes & Noble Education, Inc. (NYSE: BNED) (“BNED” or the “Company”), a leading solutions provider for the education industry, today announced that it has successfully closed its milestone equity and refinancing transactions (the “Transactions”) with Immersion Corporation (NASDAQ: IMMR) (“Immersion”) and certain of the Company’s existing stockholders and strategic partners.
-
SouthState Welcomes Slate of Seven Georgia Bankers
June 11, 2024SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market.
-
Natural Gas Services Group Announces Expansion of Credit Facility
June 11, 2024Natural Gas Services Group, Inc. (“NGS” or the “Company”), a premier provider of natural gas compression equipment to the energy industry, announced today the closing of an expansion of its existing credit facility (the “Facility”) led by Texas Capital Bank.
-
Nevada Copper Files for Chapter 11 Bankruptcy Protection
June 11, 2024Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) and its subsidiaries (collectively, “Nevada Copper” or the “Company”) today announced that they have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court of the District of Nevada.
-
Monroe Capital Supports Growth of Signal 88, LLC
June 11, 2024Monroe Capital LLC (“Monroe”) announced it acted as lead arranger and administrative agent on the funding of a senior credit facility to support the growth of Signal 88, LLC (“Signal Security”).
-
McDermott Will & Emery Boosts Private Equity Finance Practice in New York
June 10, 2024International law firm McDermott Will & Emery welcomes Ellen Snare as a partner in the Transactions Practice Group in New York. Ellen represents some of the largest private equity portfolio companies, corporate borrowers, traditional lenders and private credit funds in various financings and restructurings. She joins from King & Spalding.
-
Unum Group Completes Senior Note Offering
June 10, 2024Unum Group (NYSE: UNM) announced today that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00 percent. Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., PNC Capital Markets LLC and Truist Securities, Inc. were joint active book-running managers.
-
WesBanco Names Patrick O'Malley as Charleston/Huntington/Southeast Ohio Market President
June 10, 2024WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announces that its affiliate, WesBanco Bank, has named Patrick O'Malley to the role of Charleston/Huntington/Southeast Ohio (CHS) Market President and Senior Commercial Banker.
-
Piper Sandler Enters Definitive Agreement to Acquire Aviditi Advisors
June 10, 2024Piper Sandler Companies (NYSE: PIPR), a leading investment bank, today announced that it has entered into a definitive agreement to acquire Aviditi Advisors. Aviditi Advisors is a premier alternative investment bank providing full lifecycle services to financial sponsors, global alternative investment managers and limited partner investors with offices in New York City, Dallas, London and Munich.
-
Meridian Capital Group Names Financial Industry Veteran Melissa Martinez as Chief Risk Officer
June 10, 2024Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced today that it has named Melissa Martinez as the firm’s first Chief Risk Officer, effective June 17, 2024.
-
Assembled Brands Capital Closes New Line of Credit with BOBABAM
June 10, 2024Assembled Brands Capital is celebrating the closing of a new revolving line of credit with BOBABAM, a high-growth, instant boba beverage brand based in California. After securing a new line of credit, the CPG company plans to invest in scaling up production, expanding distribution channels, and optimizing inventory management to drive growth and enhance operational efficiency.
-
KBRA Releases Research -- Appraisal Values of Distressed Loans Highlight CMBS Stress
June 10, 2024KBRA releases research about the connection between appraisal values of distressed loans and CMBS performance. In light of the continued rise in CMBS delinquency rates, KBRA reviewed updated appraisal values from January 2021 through May 2024 of distressed CMBS 2.0 loans.
-
Ares Commercial Finance Announces it is Marking 10 Years as the Commercial Finance Platform of Ares Management
June 10, 2024Ares Commercial Finance (“ACF”) announced today that it is marking 10 years as the commercial finance platform of Ares Management. The evolution of the platform began with the acquisition of Keltic Financial Services, LLC in 2014 and was further augmented with the acquisition of the First Capital asset-based portfolio in 2015.
-
Applied Digital Secures Private Debt Facility of up to $200 million to Accelerate HPC Data Center Project in Ellendale, North Dakota
June 10, 2024Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, announced today that the Company has secured private financing from CIM Group, a leading investment firm and alternative asset manager with extensive experience in top-tier datacenter finance and development. APLD Holdings 2, LLC, a subsidiary of the Company (the “Borrower”), has issued a Promissory Note (the “Note”) for commitments that total $125 million at close (“Initial Commitments”).
-
PowerSchool to be Acquired by Bain Capital in $5.6 Billion Transaction
June 10, 2024PowerSchool Holdings, Inc. (NYSE: PWSC) (“PowerSchool” or “the Company”), a leading provider of cloud-based software for K-12 education, announced today that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $5.6 billion.
-
O’Melveny Advises Citibank on US$400 Million Credit Facility for Easterly Government Properties, Inc.
June 10, 2024O’Melveny represented Citibank, N.A. as administrative agent in connection with Easterly Government Properties’ US$400 million revolving credit facility.
-
Osisko Development Amends US$50 Million Credit Facility
June 10, 2024Osisko Development Corp. announces it has entered into an amending agreement to the credit agreement (the "Amendment") with National Bank of Canada (the "Lender") made as of March 1, 2024 providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").
-
Bayview Acquisition Corp Announces Entry into a Merger Agreement with Oabay Inc., Creating a Publicly Traded Enterprise Trade Credit Digital Transformation Solutions Company
June 10, 2024Bayview Acquisition Corp (NASDAQ: BAYA, BAYAU, and BAYAR) (“BAYA”), a special purpose acquisition company, announced the execution of an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which BAYA will undergo a business combination with Oabay Inc. (“Oabay”), which provides trade credit digital transformation solutions, through its wholly owned subsidiary in mainland China.
-
Alvotech Announces Strategic Refinancing Agreement
June 10, 2024Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the successful arrangement of a strategic refinancing transaction.
-
Valley National Bancorp Announces New Leadership Appointment
June 10, 2024Valley National Bancorp (NASDAQ: VLY), the holding company for Valley National Bank, today announced that it has appointed John P. Regan as Senior Executive Vice President—Chief Risk Officer effective June 24, 2024.
The Secured Lender
SFNet's The 81st Annual Convention Issue

.jpg?sfvrsn=f1093d2a_0)