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  • WeWork Secures Final Court Approval for Transformational Restructuring
    June 3, 2024
    -WeWork announced today that its Plan of Reorganization has been confirmed by the United States Bankruptcy Court for the District of New Jersey, a final step in the Company’s operational and financial restructuring. The Company expects to emerge from Chapter 11 in mid-June, following the completion of routine administrative matters.
  • H.I.G. WhiteHorse Europe Refinances Astek
    June 3, 2024
    WhiteHorse Europe, a credit affiliate of global investment firm H.I.G. Capital (“H.I.G.”), is pleased to announce that it has co-arranged a new €450 million financing package for Astek (the “Company” or the “Group”).
  • Austin Financial Services, Inc. Announces $10 Million ABL Facility for Foodservice Equipment Manufacturer & Distributor of Commercial Kitchen Equipment
    June 3, 2024
    Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $10MM ABL facility, comprised of an AR and Inventory revolver to an industry leading foodservice equipment manufacturer & distributor of commercial kitchen equipment. The Company was seeking a lending partner who could provide greater flexibility and more availability than its current bank lender, while also understanding the unique challenges inherent to its business and their industry.
  • White Oak Real Estate Capital and Thorofare Team Up on Tribeca Self-Storage Conversion
    June 3, 2024
    White Oak Real Estate Capital (“WOREC”), an affiliate of White Oak Global Advisors, and Thorofare Capital today announced a $21.5 million two-year, floating rate senior loan for the acquisition and conversion of 78 Walker Street into a Class A, self-storage facility to-be operated by Public Storage.
  • Peloton Announces Successful Completion of $1.35 Billion Holistic Refinancing
    May 30, 2024
    Peloton Interactive, Inc. ("Peloton") (NASDAQ: PTON) today announced it has successfully completed a holistic refinancing that reduced overall debt, extended debt maturities and achieved more flexible loan terms.
  • LSQ Creates $3MM Invoice Finance Facility for NJ-based Aerospace Manufacturing Firm
    May 30, 2024
    LSQ, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey.
  • CIT Northbridge Credit Provides $75 Million to Cisco Equipment Rentals
    May 30, 2024
    First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $75 million revolving credit facility to Cisco Equipment Rentals, a Texas-based provider of equipment rentals, new and used equipment sales, parts and service.
  • Marc Swirsky Joins EquipNet, Inc. as Managing Director, Industrial
    May 30, 2024
    EquipNet, Inc., a member of the 3S Circular Network (3SCircular.com), welcomes Marc Swirsky as the Managing Director of the organization’s industrial business. Swirsky joins as a tenured and experienced professional, known in the manufacturing industry for his expertise in industrial capital equipment auctions and liquidations.
  • Creative Realities Closes on New Revolving Credit Facility
    May 30, 2024
    Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX), a leading provider of digital signage and media solutions, today announced that it and First Merchants Bank (“FMB”) executed a credit agreement implementing the previously-announced $22.1 million senior secured revolving credit facility (the “Revolver”) with a $5 million accordion feature.
  • Natixis Corporate & Investment Banking acts as Coordinating Lead Arranger for the Infrastructure Debt Financing FirstLight Fiber, Sponsored by Antin Infrastructure Partners
    May 30, 2024
    Natixis Corporate & Investment Banking (Natixis CIB) has successfully closed a five-year senior secured infrastructure debt financing package for FirstLight Fiber, the largest independent fiber bandwidth infrastructure provider in Northeast U.S. FirstLight Fiber owns a fiber network extending over 25,000 route miles and covering 125,000 addressable locations.
  • Dynata Secures DIP Financing After Successful Prepackaged Chapter 11 First Day Hearing
    May 30, 2024
    Dynata, LLC ("Dynata" or the "Company"), the most trusted source for reliable, accurate first-party data — announced today that the Company has successfully concluded its first day prepackaged chapter 11 hearing and received $31.5M in new financing, with access to another $50 million in new financing set for early July 2024 following emergence from its short chapter 11.
  • Alvarez & Marsal Expands its Disputes Offering and Regional Footprint By Appointing Managing Director John A. Taylor
    May 30, 2024
    Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Los Angeles-based John A. Taylor​as a Managing Director in its Disputes and Investigations practice. Mr. Taylor’s joining expands A&M’s West Coast footprint and deepens its disputes capabilities in alignment with DI’s talent growth strategy to help clients address current needs and anticipated challenges.
  • Gateway Fiber Secures $175.5 Million in Debt Financing
    May 30, 2024
    Gateway Fiber, a leading fiber-to-the-home internet provider, is pleased to announce the closing of a senior secured debt facility, providing additional funding for the provider to continue expanding its growing network.
  • Carver Bancorp, Inc. Announces $25 Million Revolving Loan Facility with NY Green Bank to Support Building Decarbonization Projects in New York City
    May 29, 2024
    Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank"), a certified Community Development Financial Institution and a designated Minority Depository Institution, is proud to announce the closing of a $25 million revolving senior unsecured term loan under the Community Decarbonization Fund with NY Green Bank.
  • Birkenstock Holding Inks New Term Loan and Revolving Credit Facilities Agreement
    May 29, 2024
    Birkenstock Holding plc subsidiaries have signed a new term loan and revolving credit facilities agreement with a syndicate of nine banks providing for new facilities with aggregate loans and commitments of approximately €850 million that will be used to refinance the existing term loans and to replace the undrawn ABL facility with a new revolving credit facility (RCF).
  • CIBC Innovation Banking Provides Financing to Shorelight
    May 29, 2024
    CIBC Innovation Banking announced today that it has provided extended financing to Boston-based Shorelight, an enrollment and performance management platform that drives international student success at top universities. Shorelight will use the extended financing to continue enhancing its product and service offering to international students and university partners.
  • Coniglio Named Co-Chair of Vorys’ Bankruptcy Group
    May 29, 2024
    Kari Balog Coniglio, a partner in the Vorys Cleveland office, has been named the co-chair of the firm’s bankruptcy and creditors’ rights group. She will serve as co-chair alongside Tiffany Strelow Cobb, a partner in the firm’s Columbus office. Together, Coniglio and Cobb compliment each other to strengthen client service.
  • Monroe Capital Supports Avathon Capital’s Acquisition of Summit Professional Education
    May 29, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Summit Professional Education (“Summit”) by Avathon Capital.
  • Blank Rome Continues to Bolster New Boston Office with Leading Corporate Trio
    May 29, 2024
    Blank Rome is pleased to announce the expansion of the firm’s newly opened Boston office with the addition of partners Stephen “Steve” D. Brook and Robert “Rob” Y. Chow, and senior counsel William “Bill” V. Sopp, who join the Corporate, M&A, and Securities group.
  • Wiggin and Dana Opens Boston Office, Adds Private Equity Partner Daniela Badiola Spanos
    May 29, 2024
    Wiggin and Dana LLP announced today that it will open an office in Boston in June, formalizing its long-time presence in a key market for clients in industries including life sciences, technology, healthcare, financial services, and aerospace and defense. The office will be anchored by Corporate Partner Daniela Badiola Spanos, who joins the firm from Choate Hall & Stewart, as well as Wiggin and Dana Life Sciences Chair Patti Kavee Melick and Emerging Companies and Venture Capital Partner Paul Hughes, who previously served as the firm’s Managing Partner.
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