- Sallyport Commercial Finance Provides a $1 Million Factoring Facility for a Growing Canadian Manufacturer
- Monroe Capital Supports Growth of Recognize Partners’ SDG Corporation
- Kent Outdoors Announces New $90 Million Credit Facility to Support Domestic Operations
- Republic Business Credit Supports Growth of Emerging Footwear Manufacturer with a $750,000 Factoring Facility
- Origis Energy Closes $290 Million Financing for Swift Air Solar II and III Projects with Natixis CIB and Santander
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Crédit Agricole CIB Acted as Sole Arranger and Bookrunner for Allegiant $100MM Revolving Credit Facility
Crédit Agricole CIB has closed a new $100MM 3-year Senior Secured Revolving Credit Facility with Allegiant Travel Company, acting as Sole Arranger and Bookrunner.
Allegiant is a longstanding client of the Bank, with this Senior Secured Revolving Credit Facility being the foundation of its relationship with the Company since 2015. With this latest refinancing, the transaction will continue to further enhance Allegiant’s liquidity position and will support the Company’s order book and introduction of new technology assets.
TSL Express Trending Story
Featured
A list of the most viewed stories from 2021 published in TSL Express.
TSL Express Daily Headlines & News
-
U.S. Middle Market Performance Remains Strong, Defying Consensus
January 10, 2024Middle market private companies in the Golub Capital Altman Index grew earnings by 16% during the first two months of the fourth quarter of 2023, the highest year-over-year earnings growth since Q2 of 2021. Revenue grew 7% during the same period.
-
Jeffrey B. Dunlop and Maria T. McGuire Named Co-Chairs of Goldberg Kohn's Commercial Finance Group; Succeed Michael Hainen
January 10, 2024Jeffrey B. Dunlop and Maria T. McGuire have been named Co-Chairs of Goldberg Kohn's Commercial Finance Practice Group. They succeed Michael Hainen, who completed his highly successful nine-year term as the practice group leader at the end of 2023.
-
SFNet Responds to The BASEL III Endgame Interagency Notice of Proposed Rulemaking Modifying Bank Capital Requirements
January 10, 2024As noted late last year, SFNet’s Advocacy Committee assembled a task force including member banking institutions, legal resources and strategic advisors to address proposed new regulations incorporating Basel III risk weighted capital standards. SFNet has submitted its comment letter. Special thanks to Laura Jakubowski and Richard Kohn from Goldberg Kohn and Bill Mayer from Tiger Group for their leadership on this pivotal matter.
-
SLR Credit Solutions Agents Senior Credit Facility For Ansira Partners Inc.
January 10, 2024SLR Credit Solutions (“SLR CS”) announced the closing of a senior credit facility comprised of a revolver and term loan for Ansira Partners, LLC (“Ansira” or the “Company”), an independent global marketing services and solutions company with proprietary channel, website, and advertising technology platforms. The Company provides solutions for Channel Partner Marketing, Local Websites & Marketing, Media & Ad Technology, and CRM & Loyalty.
-
Lighthouse Welcomes Dylan Zimmerman
January 10, 2024Lighthouse Financial Corp. is pleased to announce the addition of Dylan Zimmerman to the team as Vice President, Business Development covering the Southeast region including South Carolina, Georgia, Alabama and Florida. Mr. Zimmerman's primary responsibilities will include the marketing of Lighthouse's product offerings and origination of new asset-based loan opportunities.
-
Abeona Therapeutics Announces $50 Million Credit Facility
January 9, 2024Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced that it has entered into a $50 million credit facility with the Avenue Venture Opportunities Fund, L.P.
-
Online Auction on Jan. 18 Features Like-New Equipment from Colorado ‘Green Hydrogen’ R&D Facility
January 9, 2024A Jan. 18 online auction by Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, brings to market assets from AquaHydrex’s 32,000-square-foot, green hydrogen prototype and R&D facility near Denver.
-
Encina Private Credit Provides First Out Credit Facility to Support H.I.G. Capital in The Acquisition of Penhall Company
January 9, 2024Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as Administrative Agent and Collateral Agent for a Senior Secured Credit Facility supporting H.I.G. Capital’s acquisition of Penhall Company (“Penhall” or the “Company”), North America’s largest provider of specialty concrete services. Marathon Asset Management led the facility.
-
Monroe Capital Supports TJM Capital Partners’ InCompass™ Add-on Acquisitions
January 9, 2024Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth and add-on acquisitions of Bridgeport and Newman Whitney (“Newman”) by InCompass™, an existing portfolio company of independent sponsor TJM Capital Partners.
-
B. Riley Securities Serves as Lead Bookrunner to Diversified Healthcare Trust in $941 Million Senior Secured Notes Offering
January 9, 2024B. Riley Securities, Inc. ("B. Riley"), a leading middle market investment bank and subsidiary of B. Riley Financial, Inc. (Nasdaq: RILY), is pleased to have served as lead left bookrunner to Diversified Healthcare Trust (Nasdaq: DHC) in its $941 million zero coupon senior secured notes offering.
-
Stellus Capital Management, LLC Provides Unitranche Financing in Support of Summit Park’s Acquisition of Michelli Weighing & Measurement
January 9, 2024Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates provided senior debt financing and an equity co-investment in support of Summit Park’s acquisition of Michelli Weighing & Measurement (“Michelli” or the “Company”), a leading provider of test and measurement services and equipment.
-
Banking Veteran Steven Caligor Joins Greystone as Senior Managing Director, Structured Finance
January 9, 2024Greystone, a leading national commercial real estate finance company, announced that banking industry veteran Steven Caligor has joined the firm as a Senior Managing Director of Structured Finance. In this new role, he will focus on managing and expanding client relationships and channels of loan origination for Greystone within the banking sector.
-
MidFirst Bank Extends Western Expansion with Entrance into Nevada Market
January 9, 2024MidFirst Bank, the largest privately held bank in the nation, recently announced its expansion into the Southern Nevada market. This effort is led by Michael Pizzi, who will serve as Senior Vice President and Nevada Market Executive, and a team of bankers from Bank of Nevada who have extensive area expertise, deep regional relationships and a proven track record of delivering exceptional support to their customers and the communities they serve.
-
Pebblebrook Hotel Trust Extends 2024 Term Debt to 2028 and Reduces Total Debt
January 8, 2024Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) today announced the successful extension of approximately $357 million of its $460 million October 2024 maturity term loan to 2028.
-
Rayonier (RYAM) Declares Amendment to Term Loan Credit Agreement
January 8, 2024Rayonier Advanced Materials Inc. RYAM stated that it has reached an agreement with lenders under its Term Loan Credit Agreement to get financial covenant relief from the fourth quarter of fiscal 2023 through the end of fiscal 2024.
-
Moritt Hock & Hamroff Welcomes Sean E. Mitchell
January 8, 2024Moritt Hock & Hamroff announced today the addition of Sean E. Mitchell to its Fort Lauderdale office, illustrating the firm's continued growth and expansion in Southeast Florida. Mr. Mitchell joins the firm as Counsel in its Secured Lending and Real Estate Practice Groups.
-
FGI Risk Grows Midwest Presence with Addition of Greg McBride
January 8, 2024FGI Worldwide LLC (www.FGIWW.com) (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Greg McBride as Director, FGI Risk. Based out of the Chicago office, Mr. McBride will focus on originating new business opportunities for FGI’s credit insurance brokerage and risk advisory division by developing relationships throughout the Midwest.
-
Great Rock Capital Closes $46.3MM Term Loan Facility
January 8, 2024Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the closing of a $46.3 million senior secured term loan for a fast-growing equipment management, leasing, and technology company.
-
Rosenthal’s West Coast Team Closes Four Transactions Totaling Nearly $30 Million in Final Stretch of 2023
January 8, 2024Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of four factoring and asset-based lending transactions totaling nearly $30 million.
-
US Leveraged Loan Default Rates Move Higher After Two-dozen Defaults in 2023
January 8, 2024After 24 issuers defaulted in 2023, the default rate of the Morningstar LSTA Leveraged Loan Index climbed to 2.05% by issuer count at the end of December, from 1.94% in November. The default rate increased 137 basis points in 2023 from the end of 2022, when it stood at 0.68%, and it's now 179 bps above the record low rate of 0.26% recorded in both April 2022 and December 2007.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
