- Cumulus Media Announces Agreement to Eliminate Substantially All Remaining Debt and Significantly Strengthen Financial Position
- Cambridge Savings Bank Supports Global Printing and Packaging’s Acquisition of Rocketbook
- News Detail Share Test
- Barnes & Thornburg Continues Public Finance Expansion With Addition of Four More Lawyers in Three Offices
- Womble Deepens M&A, Private Equity Bench in New York
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
KKR Taps Pietrzak as Sole Global Head of Private Credit
Daniel Pietrzak, a partner at KKR & Co., has been named the alternative money manager's sole global head of private credit, a spokeswoman said in an email Friday. Mr. Pietrzak was named the sole global head following the departure of fellow partner and co-head of private credit Matthieu Boulanger to pursue other opportunities, the spokeswoman said.
TSL Express Trending Story
Featured
Coming Into Focus - TSL Inaugural Data Issue
Welcome to The Secured Lender’s first ever Industry Data Issue. Over the past several years, SFNet has invested heavily in data resources designed to improve planning, provide competitive benchmarking, and attract capital to our industry. Through resources like our groundbreaking Market Sizing and Impact Study, which dimensioned the secured finance ecosystem and will be refreshed this year, to our quarterly and annual data surveys, which continue to grow in participation, to our forward looking Market Pulse Reports, we have made great strides in capturing, analyzing, and predicting industry trends by the numbers.
TSL Express Daily Headlines & News
-
Craft Retailer Joann Approved to Exit Bankruptcy, Slash $505 Million Debt
April 29, 2024Craft retailer Joann Inc received a U.S. bankruptcy judge's approval on Thursday for a restructuring that would eliminate $505 million in debt and keep all 815 retail locations open.
-
LSQ Creates $20MM Invoice Finance Facility for Ohio-based Aerospace Tooling Manufacturer
April 29, 2024LSQ, a leading provider of working capital and payments management solutions, recently originated a $20 million account receivable credit facility for an Ohio-based aerospace tooling and precision assemblies manufacturer.
-
ExpoCredit Selects FGI T.R.U.S.T.™ for Credit Insurance Policy Administration
April 29, 2024FGI Worldwide LLC (“FGI”), a global leader in commercial finance, today announced that ExpoCredit Financial Group (“ExpoCredit”), a leading invoice factoring company since 1998, has selected FGI’s T.R.U.S.T.™ platform to automate the monitoring, managing and maintenance of internal and client-held credit insurance policies.
-
Moritt Hock & Hamroff Sees Continued Growth With The Addition Of Three Attorneys To Its New York Offices
April 29, 2024Moritt Hock & Hamroff announced today the addition of three attorneys continuing the growth that the firm has experienced over the past year.
-
Josh Register Joins United Capital Funding as Business Development Officer
April 29, 2024United Capital Funding Group LLC, a Florida-based accounts receivable financing firm and leading provider of accounts receivable factoring solutions, proudly announces the appointment of Josh Register as Business Development Officer. In his role, Register will spearhead the company's expansion efforts in Florida, with a primary focus on the state’s key markets – the Tampa Bay area, Jacksonville, Miami, and Orlando.
-
First Citizens Names Sana Moheet Relationship Manager for Middle Market Banking
April 29, 2024First Citizens Bank today announced that its Middle Market Banking group has named Sana Moheet as a relationship manager focused on building new business in Texas and the surrounding areas.
-
Santander Continues to Grow its Commercial Bank in the U.S.; Strengthens Multifamily Real Estate Portfolio and Leadership Team
April 29, 2024Santander Bank, N.A. (“Santander Bank” or “the Bank”) announced today it is now servicing 100 percent of the assets in a $9 billion portfolio of New York-based, multifamily real estate assets formerly owned by Signature Bank. In December 2023, Santander Bank closed a transaction with the Federal Deposit Insurance Corporation (FDIC) to participate in a joint venture that will manage this portfolio following the failure of Signature Bank.
-
State Street Private Markets Survey Finds Macro Challenges Not Dampening Demand; Public To Private Shift Set To Grow Further
April 29, 2024State Street Corporation (NYSE: STT) today released the results of its third annual private markets survey1, which explores the allocations of 480 institutional investors including traditional asset managers, private market managers, insurance companies, and asset owners across North America, Latin America, Europe, and Asia-Pacific.
-
Fulton Financial Corporation Acquires Substantially All of the Assets And Assumes Substantially All of The Deposits Of Republic First Bank From The FDIC
April 29, 2024Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A. (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
-
Great Lakes Announces New $150,000,000 Second-Lien Financing Agreement
April 29, 2024Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that it has entered into a $150,000,000 5-year, senior secured second-lien credit agreement (“Second Lien Credit Agreement”) with Guggenheim Credit Funding, LLC, on behalf of one or more clients.
-
M&T Bank and Sunstone Credit Announce Joint Program to Give More Businesses Access to Simple, Affordable Solar Financing
April 29, 2024Sunstone Credit, Inc., a commercial solar loan platform that helps businesses switch to clean energy, today announced a program with M&T Bank (NYSE:MTB) to give more businesses access to easy, affordable solar financing.
-
CIBC Innovation Banking Provides Credit Facilities to Q4 Inc.
April 29, 2024CIBC Innovation Banking announced today that it has provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc. (“Q4” or the “Company”), the first IR Ops Platform.
-
Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities
April 29, 2024Yum! Brands, Inc. (NYSE: YUM) (the “Company”) today announced that certain subsidiaries that operate the Company’s KFC, Pizza Hut and Taco Bell businesses have completed the refinancing of the existing approximately $713 million term loan A facility and $1.25 billion revolving facility (the “Existing Facilities”) through the issuance of a $500 million term loan A (the “Term A Loan”) and a $1.50 billion revolving credit facility (the “Revolving Facility”) pursuant to an amendment to the underlying credit agreement (the “Amendment”).
-
Silver Creek Capital Hires Nathan Kelso as Chief Technology Officer
April 29, 2024Silver Creek Capital Management (“Silver Creek” or the “Firm”), an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally, today announced that Nathan Kelso has joined the Firm as Chief Technology Officer. For more than a decade, Mr. Kelso was Chief Information Security Officer of Research Affiliates, a global leader in smart beta and asset allocation, and earlier served in a senior information technology role at BlackRock.
-
New Federal Rule Would bar ‘Noncompete’ Agreements for Most Employees
April 29, 2024U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court.
-
Republic Business Credit Provides $1.5 Million Recourse Factoring Facility to Sustainable FoodTech Manufacturer
April 29, 2024Republic Business Credit is excited to announce its partnership with a science-based food company that needed additional working capital to expand into new retail channels. To help the manufacturer, Republic provided a $1.5 million recourse factoring facility, which will supply the company with the working capital to pay its vendors in a timely manner.
-
NXT Capital Credit Facility Provides to Shoreline Equity Partners’ Acquisition of Prime Meats
April 29, 2024NXT Capital announced today that it has provided a unitranche credit facility to support Shoreline Equity Partners’ acquisition of Prime Meats, LLC. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this transaction.
-
Change Capital Welcomes Paul Durosko as Head of Lending Operations
April 29, 2024Change Capital is pleased to announce the appointment of Paul Durosko as Senior Vice President and Head of Lending Operations. With over three decades of experience in the commercial finance and lending industry, Mr. Durosko brings a wealth of expertise to the firm, an innovative and fast-growing commercial lender and capital provider.
-
Axiom Bank Expands Factoring Team with Addition of Norman Brame of Charlotte, NC
April 29, 2024Axiom Commercial Finance, a subsidiary of Axiom Bank, a Maitland-based bank, has just expanded its team once again, with the hiring of Norman Brame as Vice President, Business Development Officer in its factoring division, headquartered in Dallas.
-
Altriarch Empowers Dozens of Businesses Through Innovative Finance Strategies for Factors
April 29, 2024Altriarch Asset Management, LLC (“Altriarch”), a private credit manager headquartered in Charleston, South Carolina, continues to redefine the landscape of factoring with its innovative and bespoke financing solutions in 2024.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
