- Baylin Technologies Announces Extension to its Credit Facility
- Foothills Capital Advisory Secures Working Capital Facility for Top Pot Doughnuts
- Hedaya Capital Helps Garlic Importer Launch, Supports Future Growth
- Briar Capital Real Estate Fund Provides $10.3MM Real Estate Loan to a Florida-Based Seafood Processor and Wholesaler
- Womble Expands Energy Finance Capabilities with Houston Partner Addition
TSL Express Daily Articles & News
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Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical
Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. ("Nalu"), a privately held medical device company focused on innovative and minimally invasive solutions for chronic neuropathic pain.
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The Pandemic’s Mental Health Toll on Employees
COVID-19 has placed an extreme emphasis on physical well-being, but the pandemic has also caused a mental health crisis. How can managers assist their team members during this unprecedented time?
TSL Express Daily Headlines & News
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Marathon Asset Management Brings on Co-head of Consultant Relations
April 25, 2023Scott Boyle was named managing director, co-head of consultant relations at Marathon Asset Management. Based in New York, Mr. Boyle reports to Jason Friedman, partner and global head of business development, a spokesman said in an email.
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Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital
April 25, 2023Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the launch of Ares Strategic Income Fund (“ASIF” or the “Fund”), a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated, senior secured, floating-rate loans to U.S. middle-market companies.
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Siena Lending Group LLC Announces the Closing Of A $35 Million Credit Facility for a Functional Footwear And Accessory Company
April 25, 2023Siena Lending Group LLC ("Siena") is pleased to announce the closing of a $35MM credit facility for a fourth-generation, family-owned Company based in Milwaukee, Wisconsin. The Company was founded in 1911 and has a long history of designing and selling on-trend and functional footwear and accessories.
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ICL Announces Sustainability Linked Revolving Credit Facility
April 24, 2023CL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it has entered into a $1,550 million sustainability linked revolving credit facility agreement. The initial term is for five years, with an option for the lenders to extend the period for another two years. The agreement is with a consortium of 12 international banks and replaces the previous revolving credit facility, which was entered into in 2018.
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Royal Vopak Signs Agreements for a new Debt Issuance of EUR 400 Million Equivalent
April 24, 2023Royal Vopak announces the signing of Note Purchase Agreements for a debt issuance in the US Private Placement (USPP) market for a total amount of USD 225 million and EUR 193 million. Funding will take place mid June this year and is subject to customary closing conditions.
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LSQ Creates a $7.5 Million Facility for Telecom Services Firm
April 24, 2023LSQ, a leading provider of working capital and payments management solutions, recently originated a $7.5 million credit facility for a Florida-based telecom field services firm. The company will use the additional working capital to support current operations and growth.
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BizCap® Raises $30,000 for Team IMPACT
April 24, 2023BizCap®, a national commercial finance and advisory firm, is proud to announce that it has raised over $30,000 for Team IMPACT, a national non-profit that matches children facing serious illness and disability with college sports teams, creating a long-term, life-changing experience for everyone involved.
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CrossFirst Bankshares, Inc. to Expand Arizona Franchise with Acquisition of Canyon Bancorporation, Inc. and Canyon Community Bank, N.A.
April 24, 2023CrossFirst was advised in this transaction by Raymond James & Associates, Inc. as financial advisor and Stinson LLP as legal counsel. Canyon was advised by Keefe, Bruyette & Woods, A Stifel Company as financial advisor and Hunton Andrews Kurth LLP as legal counsel.
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Lyle Schwartz to Join Evercore as Senior Managing Director and Head of Expanded Equity Capital Markets Business in EMEA
April 24, 2023Evercore (NYSE: EVR) announced today that Lyle Schwartz will be joining Evercore in late April as a senior managing director and head of the firm’s expanded Equity Capital Markets business in EMEA. Based in London, he will work closely with Jim Renwick, who will become chairman of Equity Capital Markets in EMEA, and senior leaders in both Europe and the U.S. to expand the firm’s Equity Private Placements capabilities in EMEA alongside its existing public equity advisory business.
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JP Morgan Growth Equity Partners to Invest in Growth Stage Real Estate Companies
April 24, 2023J.P. Morgan Growth Equity Partners (GEP) has closed its inaugural Growth Equity Fund, with over $1bn in aggregate capital commitments to invest in growth stage companies across software, FinTech, real estate and consumer technology. J.P. Morgan Growth Equity Partners is the technology focused late-stage venture and growth equity investment arm within J.P Morgan Private Capital.
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National Partners in Healthcare Secures $125 Million Credit Facility Agented by Texas Capital Bank to Finance Growth
April 24, 2023Texas Capital Bank agented and arranged a $125,000,000 senior secured debt facility to support the acquisition, refinance existing debt and provide growth capital to NPH.
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SHC-Backed RM Acquires Capstone Medical
April 24, 2023Reliable Medical, a partner company of Seven Hills Capital, has acquired Capstone Medical Partners, a rehab and medical equipment provider based in Lakewood, Wash. Capstone Medical is focused on providing complex rehabilitation technology (CRT) and durable medical equipment (DME) to long-term care facilities. Twin Brook served as administrative agent on debt financing.
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United Gaming Increases its Senior Secured Credit Facility to $820 Million; Closes on the Acquisition of Georgia's Third Largest COAM Operator; And Strengthens C-Suite
April 24, 2023United Gaming L.L.C. ("UG" or the "Company") announces the recent completion of an increase in its existing credit facilities to $820 million together with the acquisition of substantially all the assets of LUCKY FORTUNE, LLC and STAR COIN, INC. which prior to their acquisition were the third largest COAM operators in Georgia.
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BMO Launches $30M Climate-related Financing Program for Agriculture Businesses
April 24, 2023BMO Canadian Business Banking has launched a $30 million program to help small- and medium-sized agriculture businesses build climate-resilient operations. Greener Future Financing is the bank’s first climate financing program. It aims to provide farmers and business owners with capital to make the investments needed to reduce carbon emissions and adapt to the effects of climate change.
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Goldfinch Closes its First Callable Loan for Fazz, a Singapore-based Fintech
April 24, 2023Goldfinch, an on-chain lending protocol, has successfully raised a USDC 1.35 million loan to Fazz, a Singapore-based Series C Fintech backed by Tiger Global. This deal marks the first time that Goldfinch has offered a callable loan.
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Habi, the Largest Proptech Company in Spanish Speaking Latin America, Announces US$100 Million Credit Facility from Victory Park Capital
April 24, 2023Habi, the leading residential technology company in Spanish-speaking Latin America, today announced that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit.
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Postlethwaite & Netterville Combines with EisnerAmper
April 24, 2023Global business advisory firm EisnerAmper announced that the directors and colleagues of Louisiana-based accounting, assurance, tax, consulting and technology firm Postlethwaite & Netterville ("P&N") will be joining EisnerAmper in a transaction anticipated to close by the summer of 2023.
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Nicole Nugent Joins Armory Group as Managing Director
April 24, 2023Armory Group, LLC, a leading financial advisory firm serving the middle market, is pleased to welcome Nicole Nugent as a Managing Director. Based in Los Angeles, Nicole brings more than 20 years of experience advising middle-market companies on a wide range of transactions, including mergers and acquisitions, private and public equity and debt offerings, restructurings, and valuations, with a focus on the Consumer and Retail industries.
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iMedia Brands Selects Lincoln Financial as Advisor for Its ABL Facility
April 24, 2023iMedia Brands, Inc. (the “Company” or “iMedia”) (NASDAQ: IMBI, IMBIL) today announced it has selected Lincoln International (“Lincoln”) as its investment banker and Advisor to manage and complete a refinancing of the Company’s current Asset-Based Lending (“ABL”) revolving credit facility.
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Hilco Global Announces Donation to New Summer Day Camp for Kids With Cancer Called Sunrise Day Camp-Chicago Opening in June 2023
April 24, 2023Northbrook based Hilco Global announced today that it made a $50,000 donation to SUNRISE DAY CAMP-CHICAGO (jccchicago.org/sunrise), a new day camp for kids with cancer which will open this June in Lake Zurich, Illinois. Sunrise Day Camp-Chicago will provide a full-summer day camp experience specifically designed for children with a cancer diagnosis and their siblings, ages 3 1/2-16, and is being offered completely free of charge.
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