SAS AB shares jumped in Stockholm trading after the Scandinavian airline reached a key goal in its restructuring plan by obtaining a $700 million loan from U.S. private equity firm Apollo Global Management Inc.

HYPERAMS, LLC is pleased to announce the completion of the e-commerce liquidation sale of The Grommet. The liquidation, which was conducted entirely via the company’s website, was highly successful and generated significant cost recovery for the business’ ownership.

King & Spalding announced today that partner Jamie Dycus has joined the firm’s Trial and Global Disputes practice group in the New York office. Dycus represents financial institutions and other commercial clients in a variety of complex litigation, regulatory and enforcement matters.

The 2nd version of Don’s Clarke’s book, Asset Based Lending Disciplines, is available today. Donald Clarke is a world-renowned scholar and teacher on the disciplines of asset-based lending. This updated and well written book, covers all aspects of asset-based Lending and filled is with vital information that will help ABL professionals become efficient and effective in the ABL industry.

Against a background of higher raw material prices and delivery volumes, the Oryx Stainless Group is increasing its financial flexibility with a syndicated credit facility in the amount of 125 million Euros, replacing the existing facility at an early stage.

MVB Financial Corp. (“MVB,” “MVB Financial”) (Nasdaq: MVBF), the holding company for MVB Bank, Inc. (“MVB Bank”), announced today that it has entered into a definitive merger agreement pursuant to which MVB will acquire Integrated Financial Holdings, Inc. (“IFH”) (OTCQX: IFHI) in an all-stock transaction. Stephens, Inc. served as financial advisor and Squire Patton Boggs (US) LLP served as legal advisor to MVB. Raymond James & Associates, Inc. served as financial advisor and Wyrick Robbins Yates & Ponton LLP served as legal advisor to IFH.

Griffin Global Asset Management DAC and Griffin Global Asset Management (Servicer) LLC (together, “Griffin”) announced today that on August 12, 2022 Palisade Aviation Holdings Warehouse, Ltd. and Palisade Aviation Holdings Warehouse, LLC (together, the “Borrowers”), signed an amendment, extension and upsizing transaction for its senior secured warehouse facility, which now has a committed amount of $1,500,000,0000 (the “Facility”).

J D Factors announced it provided the following: $150,000 to a transportation company in Texas;$100,000 to a transportation company in Alberta; $250,000 to a transportation company in Ontario; $500,000 to a transportation company in Ohio; $200,000 to a transportation company in New Jersey

Kian Capital Partners (“Kian”), a middle-market focused private investment firm, announced today that Jordan Lee has joined the firm as a Principal to expand Kian’s capacity for making new investments and continue to grow its operations and origination capabilities.

Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (NASDAQ: AMAL) and a mission-driven, full-service commercial bank that empowers organizations and individuals to advance positive social and environmental change, announced today a $15 million loan to Inclusive Prosperity Capital, Inc. (IPC), a clean energy finance 501(c)3 platform, making new capital available to fund climate initiatives benefiting underserved market segments and communities.

H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with over $50 billion of capital under management, is pleased to announce that Carlos Soto has joined the firm as a Managing Director and Head of U.S. Private Equity Business Development.

King & Spalding announced today that Marisa Sotomayor has joined the firm as a partner in its Corporate, Finance and Investments (CFI) practice group. Sotomayor is based in New York.

SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Tom Bausano has joined the firm as Managing Director, Co-Head of Debt Capital Markets and Debt Syndicate. In this role, Tom will work closely with the firm’s debt capital markets business, providing his expertise and leadership to help drive further growth for this area.

Mitsubishi UFJ Financial Group (MUFG) announced today the formation of a Direct Lending group that will focus on providing loans to the bank's private equity sponsor clients to support their portfolio company LBO and recapitalization transactions.

CIT Commercial Services, a subsidiary of First Citizens Bank, today announced that it has completed a $75 million factoring facility on behalf of a consumer products wholesaler. CIT worked with the client to arrange a factoring facility to replace an existing asset-based lending facility with another lender.

Citizens announced today that its Commercial Real Estate Finance team led a $67.3 million construction loan to Trinitas Ventures for the development of a new 286-unit, 750-bedroom student housing project near the University of Central Florida in Orlando, Fla. Citizens is Sole Lead Arranger, Sole Bookrunner and Administrative Agent.

EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQB: EVGIF), is pleased to announce that it has signed a term sheet with its existing lender, Roynat Capital (a subsidiary of Scotiabank) and Export Development Canada (“EDC”) for a $31 million syndicated senior term loan to support the upgrade and construction of its Renewable Natural Gas (“RNG”) facilities at Fraser Valley Biogas (“FVB”) and Net Zero Waste Abbotsford (“NZWA”), respectively.

Aziyo Biologics, Inc. (Nasdaq: AZYO) (the “Company”), a commercial-stage regenerative medicine company announced today that it has entered into a $25 million credit facility from SWK Holdings Corporation. The new credit facility provides for an initial term loan of $21 million that the Company intends to use to fund its ongoing commercial and product development initiatives, refinance its existing debt facilities, and to pay off all such other outstanding debt.

Hilco Enterprise Valuation Services (HEVS) is excited to announce the addition of Eric Jenkins to the Enterprise Valuation Services team. Mr. Jenkins will serve as Managing Director with a focus on leading and growing our Disputes Consulting practice.

Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it has closed on a $15 million asset-based loan. The loan is for a term of three years and will support Greenlane's strategic initiatives and working capital needs.