TSL Express Daily Articles & News

To submit company news and press releases to
TSL Express, email tslexpress@sfnet.com.

Today's Top Story



TSL Express Trending Story



TSL Express Daily Headlines & News

  • Citizens Builds on Growing Presence in California with Hiring of Middle Market Regional Executive
    July 1, 2024
    Further strengthening its growing presence in California, Citizens Financial Group, Inc. (NYSE: CFG) today announced that Michael Walker has joined the company to lead its team serving middle market companies across the state.
  • Slide Insurance Secures $175 Million Senior Credit Facility
    July 1, 2024
    Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.
  • Clariti Receives $10 Million Growth Capital Financing from CIBC Innovation Banking
    June 27, 2024
    To help drive continued growth and product development, Clariti has secured $10 million in growth capital financing from CIBC Innovation Banking. The funding will help accelerate the development of new product features, support the ongoing integration of permitting technology provider Camino, which was acquired by Clariti in 2023, and be reinvested in customer service teams to support the company’s rapidly growing customer base across North America.
  • Griffon Corporation Successfully Completes Term Loan B Repricing
    June 27, 2024
    Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility (“Term Loan B”), which matures in January 2029.
  • Bridge Bank Closes $47 Million Term Loan to Support Divergent Technologies’ Growth
    June 27, 2024
    Bridge Bank announced today that its Technology Banking Group has closed a $47 million term loan with Divergent Technologies Inc. to support the company’s continued growth.
  • BondIt Media Capital Closes $100 Million Credit Facility From Keystone National Group
    June 27, 2024
    Film, television and media financing firm BondIt Media Capital has closed a new credit facility of $60 million with the option to increase to $100 million, from Keystone National Group, a private credit fund and investment advisory firm.
  • Culain Capital Announces $3 Million Accounts Receivable Financing Facility for Leading Sustainable Denim Manufacturer
    June 27, 2024
    Culain Capital is pleased to announce the successful structuring of a $3 million accounts receivable financing facility for a prominent manufacturer of sustainable denim. This financing arrangement will provide the necessary working capital to support the company's ongoing growth and future expansion plans.
  • BHI Provides $95 Million Loan to David Bistricer and Anshel Friedman To Build a 226-Unit Multifamily Rental Building Located at 2359 Bedford Ave in Brooklyn
    June 27, 2024
    BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, today announced that it has provided $95 million in construction financing to developers David Bistricer and Anshel Friedman to build a 226-unit multifamily rental building located at 2359 Bedford Ave in the Flatbush neighborhood of Brooklyn, New York. The financing will be split evenly between BHI and Bank Hapoalim.
  • Flatbay Capital Closes a $3.9MM Loan for Alloy Manufacturer
    June 27, 2024
    For 22 years Flatbay client, IBC Advanced Alloys, has manufactured beryllium and copper alloys to a variety of industries, becoming a leading expert in their field. In 2023, IBC experienced a decrease in profit margins due to two reasons: metal costs and existing customer contracts. In 2023, IBC experienced a decrease in profit margins due to two reasons: metal costs and existing customer contracts.
  • Monroe Capital Supports Protos Security's Acquisition of Summit Off Duty Services
    June 27, 2024
    Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Summit Off Duty Services (“Summit”) by Security Services Holdings LLC (“Protos Security”), an existing portfolio company of Southfield Capital.
  • Star Mountain Capital Adds Former CEO of U.S. Pension Benefit Guaranty Corp and Head of Citigroup Pension Relations, Charles Millard, as Senior Advisor
    June 27, 2024
    Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 5/31/2024) focused on generating defensive and premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Charles Millard has joined as Senior Advisor.
  • Helios Technologies Extends and Upsizes Credit Facility, While Reducing Borrowing Spreads
    June 27, 2024
    Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, today announced it has entered into an amendment and restatement of its existing term loans and revolving credit facility (“amended credit agreement”) to extend debt maturities, strengthen and streamline its lender group, reduce borrowing spreads, and expand the borrowing capacity under both its revolving credit facility and accordion feature.
  • CAN Capital Completes Term Debt Securitization
    June 27, 2024
    CAN Capital, Inc., ("CAN") an innovator in alternative small business finance, has successfully completed a $175 million funding program, which includes a variable funding note facility with a maximum borrowing amount of $50 million and a $125 million asset-backed notes ("Notes") term securitization.
  • GoldenTree Asset Management Announces Closing of $501 Million CLO Under GLM Strategy
    June 27, 2024
    GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $501 million collateralized loan obligation (“CLO”) to be managed by GLM III.
  • First Citizens Bank Provides $52 Million in Financing for Egret Point Logistics Center in Boynton Beach, Florida
    June 26, 2024
    First Citizens Bank today announced that its Commercial Real Estate business provided $52 million in financing to a joint venture between Wheelock Street Capital and Foundry Commercial for the construction of Egret Point Logistics Center in Boynton Beach, Florida.
  • Solifi Achieves a Hat-Trick at AFC Summer Awards
    June 26, 2024
    Solifi, a global fintech software partner for secured finance, announced that it was shortlisted in three categories at the Asset Finance Connect (AFC) Summer awards, which will take place at the Honorable Artillery Company on Tuesday 9th July and will focus on People, Planet and Profit, emphasising excellence in ESG.
  • Womble Adds International Tax Partner in Houston
    June 26, 2024
    Womble Bond Dickinson today announced that Phyllis A. Guillory has joined the firm’s Houston office as a partner in the Corporate and Securities group, where her practice will focus on complex tax issues and cross-border transactions.
  • LSQ Creates Invoice Finance Facility for Louisiana-based AI Software Company
    June 26, 2024
    LSQ, a leading provider of working capital and payments management solutions, recently originated an accounts receivable credit facility for a Louisiana-based AI software and services company.
  • RelPro Announces Partnership and Data Integration with Cognism
    June 26, 2024
    RelPro, the fast-growing business development and relationship management solution for Financial & Professional Services, announced today that it is expanding its Business Executive and Company coverage through a new partnership with Cognism, a leader in premium sales intelligence. The new partnership and data integration will expand and deepen RelPro’s coverage of business decision-makers in the U.S. and globally with accurate emails, and mobile and direct phone numbers.
  • Kome Joins CohnReznick as Director, Government and Public Sector Advisory
    June 26, 2024
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Jessie Handforth Kome has joined the firm as a Director in its Government and Public Sector Advisory practice. Based in the Washington, DC area, Kome has almost four decades of U.S. Department of Housing and Urban Development (HUD) leadership experience focused on community development, neighborhood stabilization, disaster recovery, and program innovation.