- FCI Announces Appointment of Deputy Secretary General - Betül Kurtuluş
- Western Alliance Bank Launches Healthcare Industry Specialization, Led by Industry Veteran Jennifer Hwang
- First Business Bank Funds $11.5 Million Factoring & Inventory Financing Facility For Food & Beverage Company’s Growth
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- Arevon Closes $920 Million in Financing for its 1,200 Megawatt-Hour Nighthawk Energy Storage Project in California
TSL Express Daily Articles & News
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Snowden Lane Partners, an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture, together with Snowden Lane’s private equity partner, Estancia Capital Partners (“Estancia”), today announced that Snowden Lane secured a new $100 million credit facility.
The new facility replaces a facility originally secured with ORIX Corporation in 2018 and subsequently expanded in early 2022. The $100 million of available credit will enable Snowden Lane to significantly bolster its recruiting momentum and position itself for sustained growth through 2023 and beyond.
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What if I don’t want to come back? Do I have to disclose whether I was vaccinated to my employer? What are the impacts of remote operations from a commercial real estate perspective? How does corporate culture survive in a remote or hybrid environment? What is the impact on career mobility? How are new technologies being deployed to revolutionize workflows and the customer experience in the equipment finance industry?
As the country continues to make its comeback after more than a year of fear and uncertainty from COVID-19, we are left with a lot of questions on what this all means about the work world—returning to offices and what the future will look like. In response to this, SFNet will host its first Innovation Conference, focusing on The Future of Work on July 14 and July 21, 2021 from 12:00-3:00 EDT each day. The Conference will focus on what the world of secured finance will look like as we emerge from the crisis. Attendees will walk away with the knowledge of whether their business is leading, adapting or falling behind.
TSL Express Daily Headlines & News
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Star Mountain Capital Hires Former BlackRock Managing Director, Amon Johnson
September 18, 2023Star Mountain Capital, an employee-owned, specialized investment manager with approximately $3.5 billion in assets under management targeting systematic alpha and low market-correlated returns for its institutional and high-net-worth clients, announced that Amon Johnson, former Managing Director at BlackRock joined full-time as a Managing Director.
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Eclipse Business Capital Adds Brandon Hodges to its Business Development Team
September 18, 2023Eclipse Business Capital, LLC (“EBC”) announced today that Brandon Hodges has joined the organization as a Managing Director.
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Barclays Appoints Vignon and Oberle for Financial Sponsors Group
September 18, 2023Barclays (BARC.L) said on Thursday it has hired two senior bankers for its financial sponsors group to oversee relationships with private equity clients. The British lender appointed Tom Vignon as a managing director in the financial sponsors group for the Europe, the Middle East and Africa (EMEA) region, it said in a statement.
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Piper Sandler Strengthens Equity Sales and Trading with Additions of Brent Robbins and Alan Brodsky
September 18, 2023Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is excited to announce the hiring of Brent Robbins and Alan Brodsky as managing directors in equity sales and trading. Robbins will lead the firm’s London equity office and focus on expanding research sales internationally. Brodsky will be based in New York and focus on trading with U.K. and European clients.
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New Foundation Report Examines the Restaurant Sector and the Opportunities for Equipment Finance Companies
September 18, 2023Over half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan to make kitchen equipment replacements, according to a new study released by the Equipment Leasing & Finance Foundation (Foundation).
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Canada's BMO to Close Indirect Retail Auto Finance Business, Flags Job Losses
September 18, 2023Bank of Montreal (BMO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified number of job losses, Canada's third-largest bank said.
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Healthcare Funding Partners Secures $100 Million Credit Facility with Post Road Group, with Potential Expansion to $200 Million
September 18, 2023Healthcare Funding Partners (HFP), a leading player in the Health Insurance Marketplace financing sector, is pleased to announce the successful completion of an upsize to an existing financing with Post Road Group, securing a substantial credit facility of $100 million, with the option to expand to $200 million through an accordion feature.
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HighPeak Energy, Inc. Announces the Closing of a $1.2 Billion Term Loan Financing and Company Update
September 18, 2023HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced the successful completion of a transformative debt refinancing. The Company entered into a senior secured term loan credit agreement (the “2023 Term Loan”) among the Company, as borrower, Texas Capital Bank (“Texas Capital”), as Administrative Agent, and Chambers Energy Management, LP (“Chambers”), as Collateral Agent.
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Eric McGriff Assumes Role of Chief Risk Officer at 36th Street Capital
September 18, 202336th Street Capital, a prominent provider of equipment financing solutions, proudly announces the immediate appointment of Eric A. McGriff as its new Chief Risk Officer (CRO). Mr. McGriff takes the reins from Gerry Kammerer, the longstanding CRO of 36th Street Capital, who will transition into an advisory capacity.
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Comvest Credit Partners Provides Financing to HighFive Healthcare to Support Expansion Strategy
September 18, 2023Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility (the “Financing”) for HighFive Healthcare (“HighFive”, or the “Company”), a Birmingham, Ala.-based specialty dental service organization (“DSO”).
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Santander Bank Closes $250 Million Deal with Wind Turbine & Energy Cables Corp
September 18, 2023Santander acted as administrative agent, joint lead arranger and joint bookrunner on the credit facility and is one of eight international and U.S.-based banks providing financing to support WTEC’s production, logistics, fleet management and day-to-day operations.
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Tyler Jones Named Georgia Banking Company (GBC) Griffin Market President
September 18, 2023After eight years of diverse experiences across the financial services industry, Tyler Jones is returning home to Griffin, Georgia, as the newly appointed Market President for Georgia Banking Company (GBC).
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Texas Capital Strengthens Energy Industry Coverage
September 18, 2023Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital and Texas Capital Securities, announced key leadership appointments and enhanced capabilities as part of its Corporate & Investment Bank offerings for the energy sector.
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Commercial Finance Partners Closes $15,000,000 Cash Flow Loan with a $5,000,000 Multi Delayed Draw Term Loan
September 18, 2023Commercial Finance Partners (CFP) is proud to announce the closing of a $15,000,000 enterprise value-based cash flow term loan with a $5,000,000 multi delayed draw term loan for the refinance and de novo growth strategy of a specialty dentures and implants DSO.
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US Bank Launches Banking, Payments Services for Smaller Medical Practices
September 18, 2023U.S. Bank says it wants to give smaller medical practices the same financial help as their larger counterparts. The bank on Thursday (Sept. 14) announced a program to offer banking, payments and wealth management services for healthcare practices with up to $25 million in yearly revenue.
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Bladex Acts as Joint Lead Arranger for Ecopetrol US$1bn Term Loan Facility
September 14, 2023Bladex acted as Joint Lead Arranger and three additional financial institutions joined the facility including Deutsche Bank AG as Global Coordinator and Joint Lead arranger. The funds from the Facility will be used to fund Ecopetrol's organic investment plan in 2023.
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Sycamore Tree Capital Partners Closes Fourth CLO Totaling $405 Million
September 14, 2023-Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, announced today the closing of STCP CLO 2023-4, Ltd. (“STCP CLO 4” or “the Fund”), the Firm’s fourth collateralized loan obligation since launching the CLO platform in July of 2021 and the Firm’s third CLO in 2023.
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Safe Harbor Financial Originates $3 Million First Lien Secured Loan for a Leading THC-infused Beverage Company
September 14, 2023SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced that it has originated a $3 million loan for a Washington-based organic, THC-infused beverage company to support its expansion into the California market.
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Helios Towers Agrees to new Loan and Credit Facility
September 14, 2023Helios Towers PLC on Thursday said it has signed a new five-year term loan facilities agreement of up to USD600 million and a revolving credit facility agreement for up to USD120 million.
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The Prax Group Announces Successful Closing of a US$300 Million Private Credit Facility
September 14, 2023The Prax Group ("Prax") – a British multinational, independent global energy conglomerate dealing in crude oil, petroleum products and biofuels, with a complete integration across the oil value chain, from upstream to midstream and downstream – has announced the successful closing of a new privately placed c.US$300 million (equivalent) Term Loan Facility (the "Facility").
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