- Associated Banc-Corp Completes Acquisition of American National Corporation, Accelerating Growth Momentum in Attractive Markets
- BHI Provides $167 Million Construction Loan to Yellowstone to Convert 221 West 41st Street Into a 176 Unit Multifamily Building
- Rosenthal Capital Group Closes Five ABL Transactions Across Multiple Industries Totaling $18 Million
- Southstar Capital Provides $2MM A/R Facility to Support Growth of Private Equity-Backed Analytics Firm
- Sallyport Commercial Finance Provides $2MM Factoring Facility to a Canadian Printing Company
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
First Citizens Bank today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor.
Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group provides casing, tubing, and line pipe products for the energy industry.
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SFNet Announces Winners of Cross-Border Finance Essay Contest
SFNet is pleased to announce the winners of the SFNet Cross-Border Finance Essay Contest, sponsored by Goldberg Kohn Ltd. The winning essays will appear in upcoming issues of The Secured Lender and in TSL Express. In addition, the authors of the winning essays have been invited to participate on a panel at SFNet’s 78th Annual Convention in Austin, TX, Nov. 9-11.
TSL Express Daily Headlines & News
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Emergent BioSolutions Announces Amendment to its Existing Credit Facility
May 1, 2024Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility.
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Solifi’s Kasey Hobson Wins SFNet 40 Under 40 Award
May 1, 2024Solifi, a global fintech software partner for secured finance, announced that Kasey Hobson has been recognized for her achievements in the secured finance industry in the SFNet 40 Under 40 Awards.
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NanoXplore Announces Closing of $60M New Credit Facility and Provides Update on The Financing of Its 5-year Strategic Plan
April 30, 2024NanoXplore Inc. ("NanoXplore" or the "Corporation") (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, announces the closing of a new credit facility with the Royal Bank of Canada (“RBC”). Under the agreement, RBC will provide NanoXplore’s subsidiaries with up to $60M CAD.
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Stapleton Group Opens Austin, Texas Office, Promotes Betsy Landoll
April 30, 2024Stapleton Group is pleased to announce the opening of its eighth office, in Austin, TX, and that Betsy Landoll has been promoted to Director.
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Kristen Palmer Joins First Business Bank As Vice President - Accounts Receivable Financing
April 30, 2024First Business Bank welcomes Kristen Palmer to its subsidiary, First Business Specialty Finance, LLC, as Vice President and a Business Development Officer in its Accounts Receivable Financing group.
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BHI Appoints Nisan Blum as Chief Risk and Compliance Officer
April 30, 2024BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, has appointed Nisan Blum as Chief Risk and Compliance Officer. Blum will report directly to CEO, Gil Karni, and join the Senior Management Team.
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King Trade Capital Provides a $3 Million Purchase Order Finance Facility for AZ Home Décor Company
April 30, 2024King Trade Capital is pleased to announce the completion of a $3 million purchase order finance facility for a growing home décor company in Arizona. The home décor company became familiar with King Trade Capital after being introduced by another King Trade Capital client.
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SLR Equipment Finance Adds to its Risk Management Team with Kicklighter Hire
April 30, 2024Jon Kicklighter joined SLR Equipment Finance as Senior Vice President of Risk – Vendor Focus. Kicklighter comes to SLR Equipment Finance with more than 15 years of experience in the banking/finance industry. In his new role, Jon will use his knowledge and experience to help grow SLR Equipment Finance’s evolving financial solutions platform.
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Celtic Capital Corporation Provides $4.4 Million for Job Shop Manufacturer
April 30, 2024Celtic Capital Corporation today announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace.
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Monroe Capital Supports Wind Point Partners’ Acquisition of MOREgroup, Inc.
April 30, 2024Monroe Capital LLC today announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of MOREgroup, Inc. (“MOREgroup”) by private equity sponsor Wind Point Partners.
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Accord Financial Drives $25M Facility for Plastics Manufacturer
April 30, 2024Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD), announces the closing of a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.
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Golub Capital Launches Insurance Solutions Team
April 30, 2024Golub Capital today announced the launch of its Insurance Solutions team, a group of dedicated insurance and asset management professionals who will expand the way the Firm works with insurance company partners. Jennifer Potenta has joined the Firm to lead this newly formed team as Managing Director, Head of Insurance Solutions.
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KKR’s Henry McVey Says Insurance CIOs Plan to Increase Allocations to Non-Traditional Assets
April 30, 2024KKR, a leading global investment firm, today released “No Turning Back,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
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UMB Announces Agreement to Acquire Heartland Financial
April 30, 2024UMB Financial Corporation (Nasdaq: UMBF) and Heartland Financial, USA Inc. (Nasdaq: HTLF) announced today that they have entered into a definitive merger agreement under which UMB Financial Corporation (UMB) will acquire Heartland Financial USA, Inc. (HTLF), in an all-stock transaction valued at approximately $2.0 billion.
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Private Equity and Venture Capital Industry Shows Resilience and Optimism in 2024 Amidst Shifting Market Dynamics According to S&P Global Market Intelligence Survey
April 30, 2024The private equity industry is showing resilience and optimism for 2024 despite shifting market dynamics, according to the S&P Global Market Intelligence 2024 Private Equity and Venture Capital Outlook.
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Rocky Brands, Inc. Announces Comprehensive Debt Refinancing
April 30, 2024Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.
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Scotiabank Appoints Travis Machen to Lead Global Banking and Markets Business
April 30, 2024Scotiabank today announced that Travis Machen has been appointed CEO and Group Head of its Global Banking and Markets (GBM) business, effective May 6, 2024.
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Slim Capital Achieves Impressive Record Braking First Quarter Milestones with Significant Growth
April 30, 2024SLIM Capital, headquartered in Beverly Hills, California, a distinguished leader in the finance industry, is thrilled to announce a groundbreaking quarter, with Q1 2024 witnessing an exceptional surge in origination volume and a record-breaking influx of deal submissions.
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Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands-$2.5M -Contemporary Fashion Brand
April 30, 2024Dwight Funding, a modern asset-based lender providing flexible working capital to consumer brands, announced new transactions.
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NOG Announces Expansion of Revolving Credit Facility
April 29, 2024Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the completion of its semi-annual borrowing base redetermination under its reserves-based revolving credit facility (the “Facility”). In connection with the redetermination, NOG entered into an amendment to the Facility that leaves the borrowing base unchanged at $1.8 billion and increases the elected commitment amount to $1.5 billion (from $1.25 billion).
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