- Gridiron Capital Announces Early 2026 Promotions
- DailyPay Upsizes Secured Credit Facility to $960 Million
- Archer Meat Snacks Secures Nearly $100 Million Credit Facility from J.P. Morgan
- Hidden River Strategic Capital Supports Somersault's Expansion of The Little Gym into California
- Bluth Named CohnReznick’s New Office Managing Partner – New York, NY
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
In December, Cambridge Savings Bank (CSB) announced that W. Calvin “Cal” Navatto had joined the Bank as senior vice president, senior asset-based lending (ABL) relationship manager within its Commercial Division. In this role, Navatto focuses on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and supporting the continued growth of the Bank’s ABL business.
Here, we speak with Navatto and Yvonne Kizner, head of asset-based lending at CSB about Navatto’s new role and the team’s vision for the future.
TSL Express Trending Story
Featured
What the Rescission of the 2013 Leveraged Lending Guidance Means
In December 2025, the Office of the Comptroller of the Currency and the FDIC withdrew the Leveraged Lending Guidance dating back to 2013. This withdrawal is a potentially significant event for banks, borrowers, and the broader credit markets. In this article, Elliot Ganz, LSTA’s head of advocacy, and Tess Virmani, LSTA’s EVP, deputy general counsel and head of Policy, discuss the background on the original guidance and the rationale for the withdrawal. They also discuss how the new principles-based supervision may reshape leveraged lending going forward.
TSL Express Daily Headlines & News
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Norton Rose Fulbright Announces new San Antonio Office Leadership
February 18, 2026Global law firm Norton Rose Fulbright today announced three new leadership appointments for its San Antonio office. John Jennings has been named the office’s Partner‑in‑Charge, Aimeé Vidaurri its Administrative Partner and Jay Dewald the office’s Head of Litigation and Disputes.
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Lydian Energy Announces $689 Million Financing for Solar and Battery Storage Projects
February 17, 2026Lydian Energy ("Lydian"), an independent power producer specializing in the development, construction, and operation of utility-scale power infrastructure projects, today announced $689 million in financing for solar projects, AC Ranch 1 and Yellow Viking, and battery storage project, Faraday BESS.
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Citizens Financial Group Adds to Advisory Capabilities with Acquisition of Matrix Capital Markets Group
February 17, 2026Citizens Financial Group, Inc. (NYSE: CFG) today announced a definitive agreement to purchase substantially all the assets of Matrix Capital Markets Group, Inc., a market-leading advisory firm in the Downstream Energy & Convenience Retail sector, with additional expertise and proven success in the Automotive Aftermarket and Outdoor Recreation and Marine sectors. This transaction further strengthens Citizens’ sector-focused advisory capabilities.
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Leading Structured Finance Partner Rejoins Latham & Watkins in Chicago
February 17, 2026Latham & Watkins LLP1 is pleased to announce that Joel Weinberger has rejoined the firm's Chicago office as a partner in the Structured Finance Practice. Weinberger advises on securitization, structured finance, secured lending, and receivables transactions across a wide range of asset classes.
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EBSC Lending Provides $37 Million Bridge Loan for Acquisition and Renovation of 215-Unit Multifamily Community in Point Loma, California
February 17, 2026EBSC Lending announced today that it has provided a $37 million bridge loan to facilitate the acquisition and renovation of a 215-unit multifamily community located in Point Loma, a coastal suburb of San Diego, California.
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Monroe Capital Supports Fusion Capital Partners’ Acquisition of Excel Testing and Engineering Holdings LLC
February 17, 2026Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Excel Testing and Engineering Holdings LLC (“Excel”) by private equity sponsor Fusion Capital Partners.
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Top California Lender Closes $36 Million Construction Loan for Industrial Project in Houston, Texas
February 17, 2026Top California Lender, a nationwide private lender specializing in commercial real estate financing, announces the successful closing of a $36 million construction loan to fund the development of a 350,000-square-foot industrial warehouse and distribution facility in the Greater Houston area, near major logistics corridors including Interstate 10 and the Port of Houston.
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AI Data Innovation Company Secures $3 Million Facility from Prestige Capital to Power Hypergrowth
February 17, 2026A West Coast–based artificial intelligence data research and development company has secured a $3,000,000 invoice financing facility from Prestige Capital to support its rapid expansion and surging demand from leading AI labs worldwide.
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Fortress Investment Group Leads $112 Million Senior Secured Credit Facility for Hollywood Feed
February 17, 2026Fortress Investment Group today announced that funds managed by its affiliates (“Fortress”) have provided a $112 million senior secured credit facility to Hollywood Feed. Fortress served as agent, sole arranger and sole lender on the facility, which will support Hollywood Feed’s ongoing growth as one of the USA’s largest independent retailers of high-quality pet products.
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Gevo Completes Debt Refinancing Transaction to Simplify its Debt Structure with New Consolidated Facility
February 17, 2026Gevo, Inc. (NASDAQ: GEVO), a leader in renewable fuels and chemicals, as well as carbon management, today announced the successful closing of a refinancing transaction on February 6, 2026 that simplifies the company’s capital structure.
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Brazos Midstream Announces Expansion of Credit Facility to $1.1 Billion
February 17, 2026Brazos Midstream (“Brazos”) today announced that its subsidiary, Brazos Midland, LLC, has completed an expansion of its senior credit facility to $1.1 billion from $225 million in commitments from a syndicate of banks. These funds support the ongoing expansion of Brazos’ natural gas gathering and processing system throughout the Midland Basin, one of the most robust and active oil and gas producing regions in the United States.
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First Bank Announces Strategic Branch Optimization Plan
February 17, 2026First National Corporation (NASDAQ: FXNC), the parent company of First Bank (the “Bank”), a locally owned and operated community bank, today announced plans to sell two of its banking offices and consolidate three others into nearby locations.
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Huntsman Sets $800M Secured Revolver, Ends 2022 Credit Deal
February 17, 2026Huntsman International LLC, a wholly owned subsidiary of Huntsman Corporation, entered into a new $800 million senior secured revolving credit facility with Citibank, N.A. and a bank group. The facility may be increased by up to $400 million, plus additional amounts, subject to leverage-based conditions.
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Presidio Announces Proposed $1 Billion Acquisition Financing Facility with Goldman Sachs
February 17, 2026Presidio Investment Holdings LLC (“Presidio” or the “Company”), a differentiated oil and gas operator focused on the acquisition and optimization of mature, producing oil and natural gas assets in the United States, and EQV Ventures Acquisition Corp. (NYSE: FTW) ("FTW"), a special purpose acquisition company sponsored by EQV Group, today announced that Presidio has mandated an affiliate of Goldman Sachs (NYSE: GS) to arrange up to $1.0 billion in potential acquisition financing for Presidio following the completion of its business combination.
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Brigade Capital Management: $1 Billion Inaugural Private Credit Fund Targets First Lien Direct Loans
February 17, 2026Brigade Capital Management announced it has closed its first dedicated private credit fund, raising more than $1 billion of investable capital and exceeding its target in an oversubscribed raise backed by a range of global institutional investors.
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SFNet New Member Spotlight: Keystone National Group
February 13, 2026Keystone is a middle-market credit platform providing asset-focused financing solutions to businesses across North America. The firm specializes in equipment finance, asset-based corporate lending specialty real estate, and financial asset lending. With a flexible, relationship-driven approach.
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Genesis Land Development Corp. Announces New $105 Million Secured Revolving Credit Facility
February 12, 2026Genesis Land Development Corp. (the "Company" or "Genesis") (TSX: GDC) is pleased to announce that it has entered into a Credit Agreement (the "Agreement") for a $105 million secured revolving credit facility (the "Credit Facility") with a syndicate of Canadian financial institutions for an initial term of three years. The Credit Facility provides for a revolving loan and letters of credit and is available subject to satisfaction of usual and customary conditions.
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Eastern Bank Provides Financing To Support BostonbeaN Coffee Company’s Transition To Employee Ownership
February 12, 2026Eastern Bank today announced it has provided financing to support the conversion of BostonbeaN Coffee Company (BostonbeaN), a leading provider of coffee, pantry and breakroom solutions, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP) as well as a revolving line of credit to support the company’s ongoing working capital needs.
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SSG Advises Partners Pharmacy in the Sale of Substantially All Assets to CS One
February 12, 2026SSG Capital Advisors, LLC (“SSG”) served as the investment banker to Partners Pharmacy Services, LLC and certain affiliates (“Partners Pharmacy” or the “Company”) in the sale of substantially all assets to CS One, LLC (“CS One”). The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The transaction closed in February 2026.
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SouthStar Capital Provides $1.5 Million Invoice Factoring Facility to Technology & Consulting Firm
February 12, 2026SouthStar Capital is pleased to announce the funding of a $1.5 million invoice factoring facility for an established technology and consulting firm serving national retail brands. The company provides data-driven analytics and advisory services that support location strategy, market planning, and growth initiatives for multi-site retailers and franchise organizations across the United States.
The Secured Lender
SFNet's The Year Ahead Issue
© 2026 Secured Finance Network
