- Blank Rome Adds Private Equity Litigation Leader Will Weltman as Partner in Chicago
- SG Credit Partners Provides an Asset-Based Credit Facility to Classic Concepts
- GreenFirst Secures $30 Million Term Loan Under Federal Softwood Lumber Program
- Fortress Investment Group Leads $500 Million Senior Secured Credit Facility for Blue Raven Solutions
- A&G Real Estate Partners Names Senior Investment Banker Jacob Czarnick as Principal, Business Development and Strategy
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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Named a Forty Under Forty designee by SFNet in 2018, Raphael’s experience in asset-based lending spans over two decades. During his career at Wells Fargo, he headed the team responsible for providing financial solutions to the Staffing, Government Contracting, and Transportation industries, growing the portfolio to over $1B in outstanding loans and $2.7B in commitments.
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SFNet’s 2021 4th annual YoPro Leadership Summit will be held in-person in Chicago and live online August 3-4. Young professionals of the secured finance industry will join together for opportunities to hear from industry leaders, connect with peers, and discover together how to find success in our changing industry environment.
After a more than a year of countless Zooms and Teams meetings, this year’s event will offer attendees opportunities to socialize in unique ways. On August 3, there will be an opportunity to attend an optional golf outing at Medinah Country Club, followed by a kick-off party in the evening.
Afterwards, attendees can stick around for a kick-off party from 7:00-10:00 p.m. CDT at Flight Club, offering drinks and friendly darts competition. A full day of live online content will take place on August 4.
"The YoPro Leadership Summit is a wonderful event that brings together the best and brightest of the YoPro community throughout the country," said William Bence, managing director, Wingspire Capital. "It's a great opportunity to network among the future and emerging leaders in the industry."
TSL Express Daily Headlines & News
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SLR Healthcare ABL Provides $16 Million to Skilled Nursing Operator
October 5, 2023SLR Healthcare ABL is pleased to announce it provided a $16 million asset-based revolving line of credit to a skilled nursing operator.
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Taiga Announces $15 Million Term Loan Agreement and Provides a Production Update
October 4, 2023Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, announced that it has entered into a $15 million Secured Term Loan Agreement with Export Development Canada ("EDC"). The loan will support the Company's continued growth towards producing approximately 1,000 vehicles in 2023.
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Associated Bank's Jay Williams named to List of Influential Leaders
October 4, 2023Associated Bank today announced that Jay Williams, Associated Banc-Corp Board of Directors Chairman, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD) as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
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Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
October 4, 2023Rosenthal & 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 two purchase order financing transactions totaling $3.5 million.
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Rosenthal Closes Two Purchase Order Financing Transactions Totaling $3.5 Million
October 4, 2023Rosenthal & 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 two purchase order financing transactions totaling $3.5 million.
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Sallyport Commercial Finance Provides a $1M Facility for Lighting Manufacturer
October 4, 2023Sallyport Commercial Finance is delighted to announce a $1,000,000 accounts receivable facility for a lighting manufacturer headquartered in Tennessee. The business held a very strong sales position through the pandemic, however with subsequent supply chain challenges and inflationary pressure, sales plateaued over the last couple of years.
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US Capital Global Provides $330 Million Financial Advisory for Entertainment Mega-Complex in the Southeastern United States
October 4, 2023US Capital Global has advised on $330 million debt and equity financing for a limited liability company developing an entertainment mega-complex in the Southeastern United States. The planned theme park aims to feature rollercoasters, raised walkways with observation decks, a selection of leading restaurant brands, shopping facilities, and a variety of popular themed rides and entertainment features.
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Crescent Private Credit Income Corp. Launches with $150 Million Seed Capital Investment from SLC Management
October 4, 2023Crescent Capital Group (“Crescent”), a leading alternative credit investment firm, announced today the launch of Crescent Private Credit Income Corp. (“CPCI”), a non-exchange traded, perpetual-life business development company (“BDC”). CPCI’s Registration Statement on Form N-2 in connection with its initial public offering of common stock has been declared effective by the U.S. Securities and Exchange Commission
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New Heritage Capital Welcomes Greg Katz as Vice President of Business Development
October 4, 2023New Heritage Capital, a leading private equity firm specializing in investing alongside middle-market founder-owned businesses, is pleased to announce the appointment of Greg Katz as Vice President of Business Development.
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Hammerhead Energy Inc. Announces Expanded Credit Facility and Repayment of Term Debt
October 4, 2023Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS; NASDAQ: HHRS) is pleased to announce the expansion of its credit facility to C$450 million (from C$350 million) effective September 27, 2023.
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MKS Instruments Completes Repricing of Secured Term Loan B
October 4, 2023MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, announced today that it successfully completed the repricing of its existing $3.6 billion secured tranche B term loan.
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Armory Securities, LLC Announces the Sale of the Assets of Aruze Gaming America, Inc
October 4, 2023Armory Securities, LLC is pleased to announce the successful sale of the assets of Aruze Gaming America, Inc (“Aruze”) via §363 auction under the U.S. Bankruptcy code. Armory served as exclusive financial advisor to Aruze in connection with the transaction
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Alvarez & Marsal's Global Transaction Advisory Group Names Lawrence Ferrara Global Chief Learning Officer
October 4, 2023Leading global professional services firm Alvarez & Marsal (A&M) announced the appointment of Lawrence Ferrara as a Senior Director and Global Chief Learning Officer in its Global Transaction Advisory Group (TAG).
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Year-to-Date Commercial Chapter 11 Filings Increased 61 Percent Compared To Same Period Last Year
October 4, 2023The 4,553 total commercial chapter 11 bankruptcies filed during the first nine months of 2023 represented a 61 percent increase over the 2,837 filed during the same period in 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
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PNC Bank Buys $16.6B Capital Commitment Portfolio From Signature Bridge Bank
October 4, 2023PNC Bank purchased a $16.6 billion portfolio of capital commitments facilities from Signature Bridge Bank, N.A., the Pittsburgh-based financial institution said Tuesday in a statement.
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FrontWell Capital Partners Provides USD$25 Million Senior Secured Credit Facility to Borealis Foods Inc.
October 3, 2023FrontWell Capital Partners Inc. (“FrontWell”) today announced the closing of a USD$25 million secured credit facility with Borealis Foods Inc. (“Borealis”), a fast-growing food tech company with a mission to serve growing consumer needs and global food challenges through its development of nutritious, healthy, and affordable ready-to-eat meals.
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Fora Financial Closes New Debt Financings, Further Diversifying Capital Structure
October 3, 2023Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, today announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note. Truist Bank will serve as senior lender for the credit facility, joined by Castlelake as participating lender.
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Ebix Signs Agreement with Lenders Regarding Credit Facility
October 3, 2023Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it has signed an agreement with its Lenders, providing for a further period until November 15, 2023 for repayment of certain obligations under its Credit Facility, subject to certain conditions, while the Company pursues strategic alternatives.
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BXP Exercises $315.0 Million Accordion Feature Increasing Its Revolving Credit Facility Capacity to More Than $1.8 Billion
October 3, 2023BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has exercised a portion of the accordion feature under its existing revolving credit facility to increase the available borrowing capacity by an aggregate amount of $315.0 million, increasing the facility’s maximum borrowing capacity to $1.815 billion.
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Hogan Lovells Expands Private Equity Practice with Addition of Partner Todd Schwartz in Silicon Valley
October 3, 2023Global law firm Hogan Lovells announced today that Todd M. Schwartz has joined the firm as a partner in the Corporate & Finance practice group and Private Equity practice area, in the Silicon Valley office. Schwartz joined from Paul Hastings, where he was also a partner.
The Secured Lender
SFNet's The 81st Annual Convention Issue

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