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  • Cushman & Wakefield Announces Amendment and Maturity Extension of $1.0 Billion of Its Senior Secured Term Loan
    February 6, 2023
    Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced an amendment to its current Credit Agreement that extends the maturity of $1.0 billion of its existing $2.6 billion Senior Secured Term Loan.
  • J D Factors Announces Factoring Facilities
    February 2, 2023
    J D Factors announced the following factoring facilities: $200,000 to a transportation company in Ontario; $250,000 to a transportation company in Florida; $750,000 to a transportation company in Pennsylvania; $500,000 to a transportation company in Ohio...
  • Monroe Capital Supports PPC Enterprises, LLC’s Acquisition of EduStaff, LLC
    February 2, 2023
    Monroe Capital LLC announced it acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of EduStaff, LLC (“EduStaff”) by private equity sponsor PPC Enterprises, LLC.
  • First Citizens Bank Serves as Lead Arranger on $65.7 Million in Financing for Development of Apartments in Washington State
    February 2, 2023
    First Citizens Bank today announced that its Real Estate Finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, Washington.
  • Comvest Credit Partners Announces Investment in The JG Wentworth Company
    February 2, 2023
    Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a $30 million senior secured credit facility (the “Financing”) to The JG Wentworth Company, LLC (“JG Wentworth,” or the “Company”), a leading provider of consumer financial services. The Financing was used to fund a strategic acquisition by the Company and provide capital for further business growth.
  • Aruze Gaming America, Inc. Announces Plan for Financial Restructuring
    February 2, 2023
    Aruze Gaming (Aruze), a leading developer of gambling entertainment solutions for the global casino market, today announced it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the State of Nevada.
  • Wolters Kluwer Enablon and Makersite Announce Strategic Collaboration to Help Enterprises Reach ESG Goals
    February 2, 2023
    Manufacturing enterprises will more easily be able to progress toward achieving Net Zero and reaching their ESG (environmental, social, governance) goals, thanks to a new strategic collaboration between Wolters Kluwer Enablon and Makersite. The two industry leaders will help organizations manage Net Zero ambitions through decarbonizing supply chains. This involves data collection, modelling, reporting, planning, forecasting, and operational execution across all three Scopes of greenhouse gas (GHG) emissions.
  • Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of Marshall & Stevens by Pine Tree Equity Partners
    February 2, 2023
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged buyout of Marshall & Stevens by Pine Tree Equity Partners.
  • Cushman & Wakefield Announces Amendment and Maturity Extension of $1.0 Billion of Its Senior Secured Term Loan
    February 2, 2023
    -Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, today announced an amendment to its current Credit Agreement that extends the maturity of $1.0 billion of its existing $2.6 billion Senior Secured Term Loan. The $1.0 billion of the Senior Secured Term Loan is extended from a maturity date of August 21, 2025 to January 31, 2030, and it will bear interest at a rate of Term SOFR plus an applicable spread adjustment plus 3.25% with a 0.50% Term SOFR floor.
  • Carlyle Serves as Administrative Agent, Joint Lead Arranger and Bookrunner on the Senior Debt Financing of Apex Companies
    February 2, 2023
    Global investment firm Carlyle (Nasdaq: CG) today announced that its Global Credit platform has provided senior debt financing in support of the acquisition of engineering consultancy Apex Companies LLC, managed by Morgan Stanley Capital Partners (“MSCP”).
  • BMO Completes Acquisition of Bank of the West
    February 2, 2023
    BMO Financial Group (TSX: BMO) (NYSE: BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced today it has completed the acquisition of Bank of the West from BNP Paribas (XPAR: BNP).
  • Siena Lending Group LLC Increases its Senior Leverage Facility to $672.5 Million
    February 1, 2023
    Siena Lending Group LLC ("Siena") today announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market companies with credit facility requirements of $10 -$100MM. Siena operates nationwide throughout the U.S. and Canada and offers financing for healthcare companies through its Siena Healthcare division.
  • Versant Funds $4.5 Million Non-Recourse Factoring Transaction to MedTech Company
    February 1, 2023
    Versant Funding LLC is pleased to announce it has funded a $4.5 Million non-recourse factoring transaction to a MedTech company which provides services to major hospitals and pharmaceutical companies.
  • InterNex Capital Announces $750,000 Line of Credit to Oil & Gas Company
    February 1, 2023
    InterNex Capital provides $750,000 facility to an oil and gas servicing company based in Arkansas. The company sought a stable and consistent working capital partner to satisfy daily needs, improve cost of capital, and help plan for future high-tech investments to meet their growth plans.
  • Martin to Lead CohnReznick’s Boston and Greater Massachusetts Offices
    February 1, 2023
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kevin P. Martin, Jr. is assuming the role of Office Managing Partner – Massachusetts Offices effective February 1, 2023. This significantly expands Martin’s leadership role in the state as he will now lead the Boston office in addition to maintaining his current responsibilities managing the Braintree, Danvers, and Fall River offices.
  • Private Funds and Real Estate Partner Gibbs Fryer Returns to King & Spalding
    February 1, 2023
    King & Spalding announced today that private funds and real estate lawyer Gibbs Fryer has rejoined the firm as a partner in its Corporate, Finance and Investments (CFI) practice group. He is based in the firm’s Atlanta office. Fryer will advise private equity sponsors and institutional investors on real estate capital markets transactions, with a particular focus on real estate fund formation, joint ventures and other capital markets transactions.
  • Atalaya Closes Eighth Special Opportunities Fund at $1.8 billion Hard Cap
    February 1, 2023
    Atalaya Capital Management (“Atalaya”), a leading investment management firm focused on asset-based private debt and special opportunities, announced the completion of fundraising for its eighth Special Opportunities Fund (“ASOF VIII”). The oversubscribed fund closed with $1.8 billion of commitments given significant support from both new and existing partnerships with investors. These partners include public and corporate pensions, endowments, foundations, healthcare systems, sovereign wealth plans and high net worth individuals.
  • Audax Private Debt Provides Financing to Support Cressey & Company and Health Enterprise Partners’ Investment in The InterMed Group
    February 1, 2023
    Audax Private Debt (“Audax”) announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support Cressey & Company (“Cressey”) and Health Enterprise Partners’ (“HEP”) acquisition of The InterMed Group (“InterMed” or the “Company”).
  • SolaREIT™ Announces $15 Million Revolving Credit Facility with Atlantic Union Bank
    January 31, 2023
    SolaREIT™, a solar real estate investment fund, announced today that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to continue to scale the business and efficiently use its securitization facility established in 2021 with Nuveen/TIAA CREF.
  • Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio
    January 31, 2023
    Bridge Bank today announced its Capital Finance Group has closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS) plans to use the funding to help grow its lease portfolio.