- Monroe Capital Prices $398.9 Million Private Credit CLO
- Lighthouse Provides $5,000,000 Credit Facility to PA Based Distributor of Abrasive Blasting Equipment & Supplies
- SLR Business Credit Provides $1.2 Million Senior Secured Asset-Based Credit Facility to Gourmet Mushrooms, Inc., Cultivator of the Premium Mycopia® Brand
- RideNow Group, Inc. Announces $220 Million Senior Secured Term Loan Refinancing; In Advanced Discussions for $50 Million Asset Backed Lending (ABL) Facility
- F2 Announces Strategic Partnership and $5 Million Investment from Golub Capital
TSL Express Daily Articles & News
To submit company news and press releases to TSL Express, email tslexpress@sfnet.com.Today's Top Story
Featured
Provident Bank Expands ABL Team with the Addition of Bruce Gibson as First Vice President, Senior Relationship Manager
Provident Bank, a leading New Jersey-based financial institution, announced that Bruce Gibson has joined the company as First Vice President, Senior Relationship Manager, on the Asset-Based Lending (ABL) team. In this role, Mr. Gibson will be responsible for originating, structuring, and managing complex asset-based lending relationships, while driving new business development and supporting clients across the ABL portfolio throughout the Northeast.
TSL Express Trending Story
Featured
The Club
Club Deals Are Reshaping Asset-Based Lending: A New Era of Collaboration in a Competitive Market
As 50 Cent once said, "Go shorty, it's your birthday..." - and in the world of asset-based lending (ABL), it’s officially the season to “get in the club.” But in this case, the club isn’t a party - it’s a smart strategy where lenders team up to win bigger, better deals. Club partnerships are going to become critical as the market for large $50 to $100+ mm non-bank ABL facilities grows.
TSL Express Daily Headlines & News
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Monroe Capital Supports Sands Point Risk’s Acquisition of Launch Environmental Underwriters
June 12, 2026Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Launch Environmental Underwriters (“Launch Environmental”) by Sands Point Risk (“Sands Point”), an existing portfolio company of Avesi Partners.
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Clearlake Completes Strategic Acquisition of Pathway Capital Management
June 10, 2026Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies, today announced the completion of its acquisition of Pathway Capital Management (“Pathway”), a global provider of private market solutions for institutional and wealth markets.
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Ares Raises $12.7 Billion to Invest in Asset-Based Finance Through the Pathfinder Closed-End Strategy
June 10, 2026Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund III, L.P. and Ares Pathfinder Fund III (Offshore), L.P. (together, “Pathfinder III” or the “Fund”) at $8.5 billion in LP commitments.
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RadNet Secures $250 Million Incremental Term Loan to Fund Strategic Growth Opportunities and Reduces the Interest Rates on its Credit Facility by 0.25%
June 10, 2026RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of outpatient imaging centers and a premier developer of radiology digital health solutions, today announced that it has entered into Incremental Amendment No. 3 (the “Third Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, as amended by the Third Amendment, the “Credit Agreement”).
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Manulife | Comvest Credit Partners Closes $428 Million CLO
June 10, 2026Manulife | Comvest Credit Partners, the private credit platform of Manulife Wealth & Asset Management, today announced the closing of Comvest Credit 2026-1 CLO, a $428 million private credit collateralized loan obligation (CLO).
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SSG Advises HS Group, Inc. d/b/a ZOTA Payment Services in Sale of Substantially All Assets to Kaylad, LLC
June 10, 2026SSG Capital Advisors, LLC (“SSG”) served as investment banker to HS Group, Inc. d/b/a ZOTA Payment Services and Direct Payment Services (“ZOTA” or the “Company”) in the sale of substantially all of its assets to Kaylad, LLC. The transaction closed in June 2026.
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Republic Business Credit Provides $9 Million Asset-Based Lending Facility to a California Hardware Manufacturer
June 10, 2026Republic Business Credit provided a $9 million asset-based lending facility to an established hardware products manufacturer. The facility will refinance an existing working capital loan, providing the Company with additional borrowing capacity and scalable financing to support day-to-day operations and long-term growth objectives.
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Mitsubishi HC Capital America Closes More than 30 Structured Finance and Leasing Transactions in Latest Fiscal Year
June 10, 2026Mitsubishi HC Capital America, a leading provider of financing and asset solutions across North America, closed a record-breaking 32 financing transactions in its Structured Finance and Leasing business during its last fiscal year ending March 31, 2026, underscoring the company’s continued momentum in delivering tailored capital solutions for middle-market businesses.
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GA Group Appoints Emily Friedman as Chief Talent Officer
June 10, 2026Great American Holdings, LLC ("GA Group"), a leading global advisory, valuation, investment banking, asset-based lending, and restructuring firm, majority-owned by funds managed by Oaktree Capital Management, L.P., today announced the appointment of Emily Friedman as Chief Talent Officer. In this role, Emily will lead the organization's comprehensive talent strategy, leveraging her extensive background in building high-performing and engaging workplaces.
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Switch Expands Corporate Revolving Credit and Letter of Credit Facilities to Nearly $10 Billion
June 10, 2026Switch, the premier provider of AI, cloud and enterprise data center infrastructure, today announced it has extended and upsized its existing Corporate Revolving Credit Facility to more than $6 billion and expanded its existing Syndicated Uncommitted Performance Letter of Credit Facility (LCF) to $3.5 billion.
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M&A Lawyer Daigo Takahashi Joins Jones Day’s Corporate Practice in Tokyo
June 10, 2026Mr. Takahashi is a bilingual lawyer with more than a decade of experience contributing to complex cross-border transactions for Japanese, U.S., and other multinational clients. Having practiced in both Tokyo and San Francisco, his practice spans mergers and acquisitions, divestitures, carve-outs, strategic investments, joint ventures, and other corporate matters across multiple sectors, including technology, artificial intelligence, semiconductors, industrials, consumer products, and health care/life sciences.
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Fund Street Technologies Closes $45.5 Million Investment-Grade Corporate Note to Accelerate Small Business Financing Growth
June 10, 2026Fund Street Technologies LLC ("Fund Street"), a leading technology-enabled small business financing platform and parent company of One Park Financial, today announced the successful closing of a $45.5 million investment grade 7 year corporate note. Proceeds will support origination growth and strategic corporate initiatives, reinforcing Fund Street Technologies' position as a premier capital access solution for small and medium-sized businesses across the United States.
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Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands
June 10, 2026Dwight Funding, a modern asset-based lender providing flexible working capital support to scaling consumer brands, is pleased to announce select transactions from Q2, 2026.
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Melco Announces Extension of Maturity Date of Revolving Credit Facilities and Establishment of Incremental Facility
June 9, 2026Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today announces that the maturity date of its HK$15,237,500,000 (equivalent to approximately US$1.94 billion) revolving credit facility (the “2020 Credit Facilities”) has been extended from April 29, 2027 to June 9, 2031
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Commercial Lending Lawyer Braden Shaw Joins Jones Day as a Partner in Chicago
June 9, 2026The global law firm Jones Day announced today that Braden Shaw has joined the Firm as a Partner in the Financial Markets Practice. Mr. Shaw is based in the Firm’s Chicago Office. Mr. Shaw is a commercial lending attorney with more than a decade of experience advising banks, financial institutions, private equity funds and corporate borrowers in the structuring, documentation and negotiation of a broad range of loan facilities.
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CIT Northbridge Provides $25 Million Credit Facility to Huron Valley Steel Corporation
June 9, 2026CIT Northbridge today announced it has provided a $25 million secured credit facility to Huron Valley Steel Corporation (HVSC), a leading recycling processor of shredded nonferrous mixed metals. Headquartered in Trenton, MI, Huron Valley Steel Corporation specializes in recovering and separating nonferrous metals from the nonferrous mix generated by automobile shredders. Founded in 1961, the company operates two recycled metal processing and sortation facilities in Belleville, MI and Anniston, AL.
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Latham & Watkins Expands Complex Commercial Litigation Practice in Texas
June 9, 2026Latham & Watkins LLP is pleased to announce that Shayne Henry has joined the firm’s Austin office as a partner in the Complex Commercial Litigation Practice. Henry is a skilled litigator and trial lawyer whose practice spans commercial and intellectual property disputes in state and federal courts nationwide, as well as US and international arbitration.
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RBC Global Asset Management Expands Alternative Product Set with Launch of New Interval Fund
June 9, 2026RBC Global Asset Management (U.S.) Inc. ("RBC GAM-U.S.") today announced the launch of the RBC BlueBay Enhanced Income Fund ("the Fund"), a closed-end interval fund providing U.S. investors with access to alternative credit markets through collateralized loan obligations ("CLOs").
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Womble Expands Real Estate Practice with New Partner in Phoenix
June 9, 2026Womble Bond Dickinson announced today that Andrew X. Yocopis has joined the firm as a partner in its Real Estate practice, based in Phoenix. Yocopis brings extensive experience representing commercial real estate developers, institutional lenders, private equity groups, pension funds, and real estate investment trusts in acquisitions, financings, leasing, and dispositions across the Southwest.
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B. Riley Securities Acts as Sole Bookrunner for Gladstone Capital Corporation in $60 Million Notes Offering
June 9, 2026B. Riley Securities, Inc. ("B. Riley Securities"), a leading full-service investment bank, today announced it served as sole bookrunner to Gladstone Capital Corporation (the “Company”) (NASDAQ: GLAD) in the closing of its $60 million aggregate principal amount of 7.000% Notes due 2029.
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