- Mitsubishi HC Capital Canada Closes US$62.5 Million Through Private Credit Platform to Accelerate Growth for Four Canadian Businesses
- News Detail Share Test
- enGene Announces Expanded $125 Million Debt Facility with Hercules Capital, Inc.
- The GEO Group Announces Expansion of Revolving Credit Facility by $100 Million
- Blank Rome Adds Private Equity Litigation Leader Will Weltman as Partner in Chicago
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Churchill Raises Over $12 Billion for its Senior Lending Program
Churchill Asset Management LLC (“Churchill” or the “Firm”), an investment-specialist of Nuveen, announced today that it has raised over $12 billion in third-party committed capital for the Firm’s most recent senior lending program.
This milestone includes the closings of the Firm’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts (collectively, the “Funds”). The Funds attracted equity commitments from a diverse group of approximately 150 institutional and high net worth investors globally, including leading public and private pension plans, insurance companies, endowments, foundations and family offices based in North America, Europe, the Middle East and Asia.
This milestone includes the closings of the Firm’s flagship levered and unlevered senior loan funds, publicly-registered vehicles and separately managed accounts (collectively, the “Funds”). The Funds attracted equity commitments from a diverse group of approximately 150 institutional and high net worth investors globally, including leading public and private pension plans, insurance companies, endowments, foundations and family offices based in North America, Europe, the Middle East and Asia.
TSL Express Trending Story
Featured
The Courts’ View of UCC Article 9 Sales In The COVID-19 Environment Is Clearly Changing
In the beginning of the pandemic, we reported that courts viewed Article 9 sales with a more critical eye. For example, we previously reported that Justice Masley of the New York Supreme Court, New York County Commercial Division, issued a decision on June 23, 2020 in D2 Mark LLC v. OREI VI Investments, LLC, holding that a UCC Article 9 sale on thirty-six (36) days’ notice, which required the winning bidder to make a non-refundable deposit of 10% of the purchase price, pay the remaining balance within 24 hours, and precluded the borrower from submitting a bid, was commercially unreasonable because of the dire implications of COVID-19. Article: Lender Stayed From Proceeding With UCC Article 9 Sale
TSL Express Daily Headlines & News
-
Gordon Brothers Supports Modus Subsea Services Limited with £5M Term Loan
April 5, 2023Gordon Brothers, the global advisory and investment firm, has supported Modus Subsea Services Limited (Modus) with a £5 million term loan. Modus, a pioneer in the use of Underwater Intervention Drones to automate and decarbonize subsea inspection, maintenance and repair services, has used the loan for refinancing with existing lenders and to assist in developing best-in-class solutions for clients globally.
-
Zions Bancorporation Expands the Asset-Based Lending Team
April 4, 2023In conjunction with a growing Asset-Based Lending (“ABL”) portfolio, experienced ABL experts Jim Allin and Travis Stauffer of Dallas, Texas have joined the ABL team as portfolio managers.
-
AB "Ignitis Grupė" Secures EUR 100 Million Credit Facility From Citibank
April 4, 2023AB “Ignitis grupė” (hereinafter – the Group) informs that on 4 April 2023 the Management Board of the Group approved the intention to conclude a credit facility agreement of EUR 100 million (hereinafter – the Agreement) with Citibank N.A. London Branch (hereinafter – Citibank).
-
Flatbay Capital Funds $4.3MM to Oil and Gas Valve Manufacturer
April 4, 2023Flatbay Capital announces the funding of a $4,300,000 commercial real estate loan for a research and development, engineering, and testing company that supports the energy industry. In business for 20 years, our client was faced with its most challenging year yet. The company spent years developing a new product line and the release happened right before COVID.
-
Kapitus Increases Debt Facilities to $540 Million
April 4, 2023Kapitus, a leading provider of financing for small and medium sized businesses, today announced the closings of a $100 million asset-backed securitization (ABS) and a $30 million investment-grade corporate note financing. These closings bring Kapitus’ total debt facilities to $540 million.
-
Truist Completes Previously Announced Sale of Minority Stake in Truist Insurance Holdings to Stone Point Capital
April 4, 2023Truist (NYSE: TFC) announced today that it has completed the previously announced sale of a 20% stake in Truist Insurance Holdings, LLC, a subsidiary of Truist and the sixth-largest insurance brokerage in the United States, to funds managed by Stone Point Capital, a leading private equity firm focused on the global financial services industry, for $1.95 billion, representing an aggregate value of $14.75 billion.
-
Bankruptcy Filings Increase Across All Chapters in March; Commercial Filings Up 79 Percent Year-over-year
April 4, 2023New bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.
-
J D Factors Provided $13,025,000 in New Factoring Facilities to 44 new Clients
April 4, 2023J D Factors provided $13,025,000 in new factoring facilities to 44 new clients in the US and Canada during the month of March. Some of these facilities include: a $1,500,000 factoring facility for a transportation company in Illinois; $300,000 factoring facility for a transportation company in Ontario; $250,000 factoring facility for a packaging company in Florida.
-
Earthstone Energy, Inc. Announces Increased Elected Commitments Under Its Credit Facility
April 3, 2023Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”) announced today that it has entered into an amendment to the Company’s senior secured revolving credit facility (the “Credit Facility”), increasing the elected commitments from $1.2 billion to $1.4 billion.
-
Republic Business Credit Provides $5 Million Ledgered Line of Credit for Oil Field Service Distributor
April 3, 2023When the COVID-19 pandemic slowed sales and disrupted supply chains for a Midwest supplier of pipes, valves and oil transmission products and services, the company and its private equity partner needed a flexible solution. Republic Business Credit provided a $5 million factoring facility with options to offer the best fit. The private equity fund and the supplier chose Republic’s ledgered line of credit that features the pricing structure of an ABL facility.
-
Assembled Brands Closes $18 Million in Deals in Q1 2023
April 3, 2023Through flexible lines of credit, the lender is supporting emerging consumer goods brands from various industries by addressing working capital needs. The funds support growth opportunities, improve inventory positions and relieve some of the capital constraints many businesses face in a tumultuous market this year.
-
Flowers Joins CohnReznick as ERP Principal
April 3, 2023CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Shawn Flowers has joined the firm as a Principal in its Technology+ practice. Flowers has extensive experience developing, deploying, and managing all facets of enterprise resource planning (ERP) systems across multiple industries including manufacturing, wholesale distribution, pharmaceuticals, software, and financial services.
-
Jerry Huynh Joins First Business Bank As Managing Director Of SBA Lending
April 3, 2023First Business Bank is pleased to welcome Jerry Huynh as Managing Director - SBA Lending. With nearly 30 years of experience in helping businesses accomplish their goals through commercial and SBA Lending, Jerry Huynh (pronounced “Win”) brings extensive knowledge and significant expertise to First Business Bank’s relationship-focused SBA Lending team.
-
Perseus Upsizes Corporate Debt Facility to US$300 Million
April 3, 2023Perth, Western Australia/April 3, 2023/African focused gold producer Perseus Mining Limited (ASX/TSX:PRU) is pleased to announce it has refinanced its existing syndicated debt facility to a US$300 million revolving corporate facility.
-
Ventas Announces Plans to Take Ownership of Full Collateral Pool Supporting its $486 Million Santerre Mezzanine Loan
April 3, 2023Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it intends to take ownership of the collateral that supports its approximately $486 million cash-pay mezzanine loan to Santerre Health Investors (the “Santerre Mezzanine Loan”).
-
Boxed, Inc. to Execute Sale of Spresso Software Business Through Voluntary Chapter 11 Process
April 3, 2023Boxed, Inc. (“Boxed” or the “Company”), an e-commerce technology company that provides bulk pantry consumables to business and household customers, announced today that it, and all of its subsidiaries, initiated voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code to execute a sale of its Spresso software business to its first lien secured lenders while continuing to streamline operations, including an efficient and orderly wind-down of its remaining retail business.
-
CrossAmerica Partners Enters into a New $925 Million Credit Facility
April 3, 2023CrossAmerica Partners LP (NYSE: CAPL) today announced that it entered into an amended and restated five-year Revolving Credit Facility agreement with a syndicate of lenders led by Citizens Bank, N.A. (the “Amended Facility”). The Amended Facility provides borrowing capacity up to $925 million, an increase from the previous revolving credit facility capacity of $750 million.
-
JLEN Environmental Assets Group Limited Announces Extension of Revolving Credit Facility
April 3, 2023Lenders to the facility include four of the five existing lenders (HSBC, ING, National Australia Bank, Royal Bank of Scotland) plus one new lender (Clydesdale Bank).
-
EMERGE Announces Amendment to Credit Facility and Provides Update on Issuance of Shares for Services
April 3, 2023EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a diversified acquirer and operator of niche e-commerce brands, announces that the Company has entered into an amendment agreement to the Company's amended and restated credit agreement dated October 27, 2022
-
Rosenberg & Fecci Consulting, LLC Announces That Julia Voytovych has been Admitted to the LLC as a Partner
April 3, 2023Rosenberg & Fecci Consulting, LLC is pleased to announce that Julia Voytovych has been admitted to the LLC as a partner. Julia started as an Analyst with Rosenberg and Fecci 13 years ago and has steadily been promoted to achieve her current role as a Manager.
The Secured Lender
SFNet's The 81st Annual Convention Issue
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
© 2025 Secured Finance Network
