- BHI Provides $20 Million Capital Call Line to Triangle Capital Group
- Rostrum Pacific Secures $150 Million in Financing from Crayhill Capital Management to Accelerate Music Catalog Growth Strategy
- TAB Bank Extends a $15 Million Asset-Based Lending Facility to Gehr Industries
- Gridiron Announces Investment Professional Steve Lamb as Managing Director
- Kimbell Royalty Partners Reaffirms $625 Million Credit Facility and Extends Maturity
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
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U.S. Bank Adds Guillaume Mascotto as Head of Sustainable Finance
U.S. Bank announces the hire of Guillaume Mascotto as the company’s head of Sustainable Finance. In this new leadership role, Mascotto will build and lead a new team focused on identifying sustainable finance opportunities across the entire enterprise. Based in New York, Mascotto is part of the U.S. Bancorp Community Development Corporation (USBCDC) leadership team reporting to its CEO, Zack Boyers.
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SFNet’s International Lending Conference Reveals Reasons for Optimism
The industry worldwide was profoundly shaken by the events of 2020, and the two-day SFNet International Lending Conference provided attendees with a broad global view of economic recovery and a deep dive into the new normal of covenants, risk management and other areas of the secured finance business.
TSL Express Daily Headlines & News
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Alignment Credit Provides Senior Secured Credit Facility for the Acquisition of Keystone Fireworks
September 11, 2023-Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to support the buyout of Keystone Fireworks by Argonne Capital Group.
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Centerra Gold Announces Extension of Corporate Credit Facility
September 11, 2023Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has extended its US$400 million revolving credit facility (the "Credit Facility") with a renewed term of four years, now maturing on September 8, 2027. The Credit Facility is led by The Bank of Nova Scotia and National Bank Financial Markets and is supported by a syndicate of international financial institutions.
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Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital
September 11, 2023Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it has entered into a $50 million loan facility with Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”).
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 11, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $850,000 loan for a US oil and gas related company – funds to assist with an acquisition. $40,000 loan for a US beverage/spirits company – funds for working capital. $200,000 loan for a Canadian Oil and Gas related company – funds for working capital.
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Gateway Trade Funding Completes 21 Stretch Finance Transactions Totaling More Than $5,230,000
September 11, 2023Gateway Trade Funding, a PO and stretch financing company, is pleased to announce that we have recently completed the following stretch finance transactions: $350,000 loan for a US packaging company – funds for working capital. $100,000 loan for a US Gaming related company – funds for inventory.
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Solifi Named on 2023 IDC FinTech Top 100
September 11, 2023Solifi™, a global fintech software partner for secured finance firms, announced it was named among the top 100 on the 2023 IDC FinTech Rankings. The 20th annual vendor ranking recognizes the world’s top 100 leading hardware, software, and service providers to the financial services industry.
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Capteris Closes New $350MM Credit Facility, Strengthening Equipment Finance Business
September 11, 2023Capteris LLC is pleased to announce the closing of a new $350MM credit facility to support the growth of their equipment finance business. The lenders partnering with Capteris include Truist Bank as administrative agent and Bank of America, N.A.
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SLR Appoints Ingrid Kiefer as Partner and Chief Business Development Officer
September 11, 2023SLR Capital Partners, LLC ("SLR"), a private credit platform specializing in direct lending to U.S. middle market companies, announces that Ingrid Kiefer will join the firm in September as a Partner and Chief Business Development Officer. Kiefer will lead SLR's business development and investor relations, leveraging over 25 years of experience in the credit and alternatives investment industry.
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Bryant Park Capital Secures Senior Credit Facility for RapidFunds
September 11, 2023September 7, 2023 / Bryant Park Capital ("BPC"), a leading middle market investment bank with a focus on the specialty finance industry, announced today that Modeso LLC d/b/a RapidFunds ("RapidFunds" or the "Company"), a leading funder of U.S. plaintiff law firms, closed on a $35 million senior secured credit facility with a leading alternative credit fund.
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Wells Fargo Announces Retirement of William M. Daley, Vice Chairman of Public Affairs, at the End of 2023
September 11, 2023Wells Fargo today announced that William M. Daley, the company’s vice chairman of Public Affairs, will retire at the end of this year. Daley joined Wells Fargo in 2019 from BNY Mellon to lead Public Affairs, a newly created corporate function spanning Government Relations, Corporate Communications, Corporate Branding, Community Relations, the Wells Fargo Foundation, and other areas.
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Amerisource Closes $1,000,000 Working Capital Facility and Equity Co-Investment for Software Firm
September 11, 2023Amerisource Business Capital announced the closing and funding of a $1,000,000 working capital facility and Equity Co-Investment for a Texas-based technology platform for moving and transportation services. The proceeds were used to provide working capital to support expected rapid growth.
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NXT Capital Closes Unitranche Credit Facility in Support of Chef Merito’s Merger with La Fiesta
September 11, 2023NXT Capital announced today that it has provided a unitranche credit facility to support Chef Merito’s merger with La Fiesta. Chef Merito is a portfolio company of PNC Riverarch. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this transaction.
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Ampla Raises $258m Credit Facility with Goldman Sachs and Atalaya Capital Management
September 11, 2023Today, Ampla, a leading provider of financial solutions for consumer brands, announced the raise of a $258m credit warehouse with Goldman Sachs and Atalaya Capital Management. The new debt facility provides incremental financing to power Ampla's Growth Capital products and allows the company to continue building the all-in-one platform for Consumer Brands.
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KKR Provides £75 Million Financing Facility to TalkTalk
September 11, 2023KKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have agreed to provide a £75 million non-recourse financing facility to TalkTalk, a leading value for money connectivity provider in the UK.
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J D Factors Announces Factoring Facilities to 23 New Clients
September 11, 2023J D Factors provided $11,700,000 in new factoring facilities to 23 new clients in the US and Canada during the month of August. Some of these facilities include: a $200,000 factoring facility for a fiberoptic installation company in Quebec; a $500,000 factoring facility for a transportation company in California; a $2,000,000 factoring facility for a staffing company in Georgia.
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Global Net Lease, Inc. Announces $500 Million Credit Facility Accordion
September 7, 2023Global Net Lease, Inc. ("GNL" or "the Company") (NYSE: GNL/ GNL PRA / GNL PRB) announced today that a consortium of banks have provided an indicative commitment to KeyBank National Association, in its capacity as lead arranger and administrative agent under a confidential mandate letter executed in favor of the Company, to provide funding for a $500 million expansion of GNL's credit facility
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Pathlight Capital Serves as Documentation Agent for Beyond Finance on $635MM Credit Facility Upsize
September 7, 2023Pathlight Capital LP ("Pathlight") announced it is serving as the Documentation Agent on a senior secured delayed-draw term loan facility (the "Credit Facility") for Beyond Finance, LLC ("Beyond" or the "Company"), a provider of success fee-based debt resolution services. The Credit Facility was recently increased from $400 million up to $635 million with proceeds used to support the Company's ongoing operations and enhance their growth initiatives.
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U.S. Bank Names Shruti Patel Chief Product Officer for Business Banking Segment
September 7, 2023Shruti Patel has joined U.S. Bank as chief product officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that connects banking, payments and software for business clients with up to $25 million in revenue.
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CIT Northbridge Provides $55 Million in Exit Financing to National CineMedia LLC
September 7, 2023First Citizens Bank today announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11 bankruptcy.
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Access Capital, Inc. Announces William Palmer's promotion to Collateral Analyst, Team Leader
September 7, 2023As part of our growth initiatives, ongoing commitment to the success of our clients, and recognition of his skills, Access Capital is delighted to announce that William (Bill) Palmer has been promoted to the role of Collateral Analyst & Team Leader.
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