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  • MUFG Announces New Medium-term Business Plan
    April 1, 2024
    MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.
  • Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.
    April 1, 2024
    Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April 1, 2024. This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh.
  • The GEO Group Announces Commencement of Refinancing Process
    April 1, 2024
    The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the "Term Loans"). As of December 31, 2023, an aggregate amount of $906.7 million of Term Loans was outstanding.
  • Airspan to Receive up to $95 Million in new Equity Financing and Eliminate all Existing Funded Debt
    April 1, 2024
    Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN, private network and air-to-ground connectivity solutions, today announced that it has entered into a Restructuring Support Agreement (the “Agreement”) with certain funds managed by Fortress Investment Group (“Fortress”) and several of its other key financial stakeholders
  • Celtic Capital Corporation Provides Funding for a Manufacturer of Precision Manufactured Components and Assemblies
    April 1, 2024
    Celtic Capital provided a $2,500,000 Equipment Loan and subsequently participated with the revolving lender for $1,500,000 on the Accounts Receivable and Inventory Lines of Credit.
  • HarborOne Bancorp, Inc. Names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
    April 1, 2024
    HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations.
  • RBC Completes Acquisition of HSBC Bank Canada
    April 1, 2024
    Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada").
  • Power Solutions International Announces Extension to Credit Agreement
    April 1, 2024
    Power Solutions International, Inc. (the “Company” or “PSI”) amended its $130 million uncommitted senior secured revolving credit agreement (the “Fourth Amended and Restated Credit Agreement”), with Standard Chartered Bank, as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
  • Tidwell Group Combines with EisnerAmper
    April 1, 2024
    Global business advisory firm EisnerAmper announces that the partners and colleagues of Birmingham, Alabama-based tax, assurance and advisory, and real estate consulting firm Tidwell Group, LLC, are joining EisnerAmper in a transaction expected to close in May 2024.
  • AFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit Facilities
    April 1, 2024
    FC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced that it has provided a total of $34.0 million in debt capital across two senior secured credit facilities to High End Holdings, LLC and Green Sentry Holdings, LLC d/b/a Sunburn Cannabis (“Sunburn”), a private, vertically integrated, single-state Florida operator.
  • Unused Packaging and Labeling Equipment Available in Exceptional Opportunity for Food, Pharma, Medical and Other Industries
    April 1, 2024
    Tiger Group is offering for immediate purchase unused packaging and labeling equipment from a shuttered pharmaceutical company.
  • Benefit Street Partners L.L.C. Announces Closing of $120 Million Loan on a Texas Office Portfolio
    March 28, 2024
    Benefit Street Partners L.L.C. (“BSP” or the “Company”) today announced the closing of a $120 million floating-rate senior loan to Silver Star Properties REIT (“Silver Star”), intended to facilitate the liquidation of Silver Star’s legacy real estate portfolio. Silver Star expects to sell all current assets within their portfolio and subsequently acquire self-storage properties and transition to a self-storage REIT.
  • BHI Provides $50 Million to The Kolter Group To Finance 144-Unit Condominium Project “The Dillon” Located In Buckhead Neighborhood of Atlanta, GA
    March 28, 2024
    BHI, a full-service commercial bank, announced that it has provided $50 million to an affiliate of The Kolter Group LLC as part of an overall $133 million credit facility secured to finance their 144-unit luxury condominium project “The Dillon” in the Buckhead neighborhood of Atlanta, Georgia. BHI is acting as administrative agent for the credit facility.
  • LendingTree Announces $175 Million Financing From Apollo Funds
    March 28, 2024
    LendingTree, Inc. (NASDAQ: TREE) ("LendingTree" or the "Company"), operator of LendingTree.com, the nation's leading online financial services marketplace, today announced that it has secured up to $175 million in financing in the form of a first lien term loan facility (the "facility") from funds managed by Apollo affiliates (the "Apollo Funds").
  • TAB Bank Appoints Justin Hatch as Chief Lending Officer
    March 28, 2024
    TAB Bank has appointed Justin Hatch as its Chief Lending Officer, effective immediately. In his new role, Hatch will oversee the lending activities of TAB Bank’s working capital lending products, including asset-based lending, factoring, lending partnerships, lender finance, small ticket A/R financing and the bank’s commercial real estate.
  • Varex Announces Closing of Revolving Credit Facility of $155 Million
    March 28, 2024
    Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate principal amount of up to $155 million. Zions Bancorporation, N.A. (“Zions”) acted as lead arranger and bookrunner for the new RLOC Facility. Simultaneously, Varex terminated its existing senior secured asset-based revolving credit agreement.
  • Pemberton Closes Third Strategic Credit Fund at €2.3bn
    March 28, 2024
    Pemberton Strategic Credit was launched in 2017 as a differentiated opportunistic direct lending strategy investing in primary performing companies across Europe, deploying €5.4bn across three vintages.
  • Wristwatch, Accessory Company Turns to Republic Business Credit for Spring Growth
    March 27, 2024
    Republic Business Credit proudly announces its collaboration with a designer wristwatch and accessory distributor to provide vital financial support for the upcoming spring and summer sales surge. Recognizing the distributor's growth potential, Republic has approved a $5 million factoring facility, ensuring seamless fulfillment of initial orders while safeguarding against heightened summer demand.
  • Lawrence Financial Appoints Mena M. Rizk its Newest Partner
    March 27, 2024
    Lawrence Financial appointed Mena M. Rizk its newest partner. Rizk has background in originating and underwriting transactions, coupled with a unique approach to financial solutions.
  • K-Bro Announces New Upsized Syndicated Credit Facility
    March 27, 2024
    K-Bro Linen Inc. ("K-Bro" or the "Corporation") (TSX: KBL) today announced that it has entered into a three-year, $175 million committed, syndicated revolving credit facility (the "Credit Facility"). The Toronto-Dominion Bank ("TD") is acting as lead arranger, sole bookrunner, and administrative agent, with National Bank of Canada and Canadian Western Bank as lenders (together with TD, the "Lenders").