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  • SMBC Leads and Closes a $1.28 Billion Data Center Project Financing for QTS Realty Trust
    September 28, 2022
    For this transaction, SMBC also served as Sole Coordinating Lead Arranger, Sole Bookrunner, Green Loan Coordinator, and Administrative Agent. Both financings for QTS were green loans within the North American market.
  • Dynasty Financial Partners Closes a $50 Million Credit Facility from RBC Capital Markets and a Consortium of Lenders to Power Growth and Strategic Initiatives
    September 28, 2022
    Dynasty Financial Partners, the leading provider of back and middle-office outsourced solutions for RIAs, is pleased to announce the closing of a $50 million revolving credit facility with Royal Bank of Canada (RBC) acting as sole Administrative Agent, and UMB Bank, N.A. and J.P. Morgan joining RBC as Joint Lead Arrangers and Joint Book Runners. Citibank, N.A. as well as Goldman Sachs Bank USA will also a member of the syndicate.
  • Phoenix Services LLC Files for Voluntary Chapter 11 Reorganization to Implement Next Step in Comprehensive Strategy
    September 28, 2022
    Phoenix Services LLC, a premier provider of mission critical services to leading, global steel producing companies, today announced that the Company and certain of its U.S. affiliates have taken the next step in its comprehensive restructuring strategy by filing voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
  • VerifyMe Subsidiary Enters Into a $2 Million Term Loan Agreement and a $1 Million Line of Credit with PNC Bank and Repays $2.0 Million Promissory Note From PeriShip Acquisition
    September 28, 2022
    VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company"), together with its wholly owned subsidiary PeriShip Global LLC ("PeriShip"), provides brand owners time and temperature sensitive logistics, supply chain monitoring, authentication and data-rich consumer engagement, announced today that PeriShip has entered into a new debt facility with PNC Bank, National Association
  • Stifel and Korea Investment & Securities Form Joint Venture
    September 28, 2022
    Stifel Financial Corp. (NYSE: SF) and Korea Investment & Securities Co., Ltd. (KIS), a subsidiary of Korea Investment Holdings, today announced the formation of a substantial leveraged lending joint venture, SF Credit Partners.
  • Solifi Wholesale Finance Release Delivers Enhanced Asset Risk Management
    September 28, 2022
    Solifi™, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time reconfirmation of order commitments, and further streamline transactions.
  • Wingspire Capital Serves As Revolver Agent For PWCC Marketplace
    September 28, 2022
    Wingspire Capital LLC (“Wingspire”) provided a revolving loan facility in concert with a larger asset-based credit facility with WhiteHawk Capital Partners (“WhiteHawk”) to trading card investment platform PWCC Marketplace, LLC and certain affiliates (collectively “PWCC”) to create further liquidity for its expanding commercial financing business.
  • Provident Financial Services, Inc. and Lakeland Bancorp, Inc. to Combine to Create New Jersey’s Premier Super-Community Banking Franchise
    September 27, 2022
    Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger, valued at approximately $1.3 billion.
  • Winston & Strawn Deal Alert: Atlis Motor Vehicles Announces Anticipated Initiation of Trading on Nasdaq Exchange
    September 27, 2022
    Winston & Strawn represented Atlis Motor Vehicles (Atlis), a vertically integrated startup EV technology ecosystem company developing an electric work truck and the batteries to power it, in connection with its application to list on the Nasdaq Exchange.
  • PNC Announces Acquisition Of Point Of Sale And Payments Solutions Firm, Linga
    September 27, 2022
    The PNC Financial Services Group, Inc. ( NYSE: PNC) today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC's digital resources and enhance the bank's capabilities to better serve its hospitality and restaurant industry clients.
  • William Blair Expands Private Capital Advisory Group
    September 27, 2022
    William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has continued its private capital advisory team growth with the addition of Jake Stuiver. Stuiver joins as a director in New York, where he will work on complex limited partner–led secondary transactions.
  • inTEST Expands Funding for Greater Financial Flexibility
    September 27, 2022
    --inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process solutions for use in manufacturing and testing in key target markets which include automotive, defense/aerospace, industrial, life sciences, security, and semiconductor, announced today that it has executed an amendment to its loan agreement with M&T Bank to expand the existing non-revolving delayed draw term loan facility by $25.5 million to $50.5 million.
  • GreenFirst Announces Successful Debt Refinancing
    September 27, 2022
    GreenFirst Forest Products Inc. (TSX: GFP) (“GreenFirst” or the “Company”) today announced the closing of $140 million in financing from the Bank of Montreal (“BMO”). The financing includes a $125 million asset-backed revolving credit facility and a $15 million term loan. This refinancing replaced a high yield US$90 million secured term loan and a $65 million asset-backed loan facility.
  • Crescent Energy Announces Positive Amendments to Revolving Credit Facility and Completes Secondary Equity Offering
    September 27, 2022
    Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced amendments to its revolving credit facility (the “Credit Facility”), effective September 23, 2022. The amendments were recently approved by the 11 member banks supporting the facility and reflect the strength of the business, an outlook for substantial cash flow, growing proved reserves and a strong balance sheet.
  • Gridiron Capital Promotes Hank Barrett & Kirk Wawrzyniak to Senior Associate
    September 27, 2022
    Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that Hank Barrett and Kirk Wawrzyniak have been promoted to Senior Associate.
  • Alterna Capital Solutions Adds CXO Role as Steward for Its Best-In-Class Client Retention Rate
    September 26, 2022
    Alterna Capital Solutions (Alterna), a specialty and alternative financing lender to small businesses experiencing growth, announced today the addition of Alexander Douglas as chief experience officer (CXO). Douglas arrives following the firm’s record 2021 where 46 new clients joined the roster, including several start-ups needing an experienced and nimble financing partner.
  • Austin Financial Services Closes Recapitalization
    September 26, 2022
    Austin Financial Services, Inc. (“AFS”), a Los Angeles, CA based provider of asset-based lending solutions to small and medium sized businesses for over 40 years, closed a $115 million debt recapitalization with two lenders, lowering the company’s overall cost of capital. Proceeds from the transaction will be used to refinance existing debt and to support additional growth of the business. Hovde Group, LLC served as the company’s exclusive financial advisor and Buchalter served as legal advisor on the transaction.
  • BancPlus Corporation Announces Leadership Succession Plans
    September 26, 2022
    BancPlus Corporation, the parent company of BankPlus, announced today a leadership succession plan that positions the Company to continue driving significant growth for its customers, communities, team members, and shareholders.
  • Brightflow AI Raises $15 Million Series A, $100 Million in Debt Financing to Bridge Financial Gap for Small Business Owners
    September 26, 2022
    Brightflow AI, a financial intelligence platform that empowers small businesses to take control of their cash flow and make data-backed decisions, today announced over $19 million in total funding, a $15 million Series A led by Haymaker Ventures, and a previously unannounced $4.2 million Seed round let by Bonfire Ventures. The company also announced $100 million in debt financing available from i80 Group.
  • Enento Group Signed EUR 180 Million Syndicated Loan Agreement
    September 26, 2022
    Enento Group has today signed a new long-term financing agreement to be used for refinancing of its current financing arrangement. The financing agreement consists of a EUR 150 million long-term loan as well as a EUR 30 million revolving credit facility. The agreement is for three years and includes two one-year options for extension of the loan period.