TSL Express Daily Articles & News

To submit company news and press releases to
TSL Express, email tslexpress@sfnet.com.

Today's Top Story



TSL Express Trending Story



TSL Express Daily Headlines & News

  • IDB Bank Announces Daniel Roberts As New Chief Risk Officer
    June 17, 2022
    - IDB Bank, a New York-based private and commercial bank, announced the appointment of Daniel Roberts as its new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the Bank's capacity to identify, measure, and manage financial and operational risk. He will report to Ziv Biron, IDB Bank's President & CEO.
  • Loeb Announces Mary Jane Anderson as Vice President of Accounting and Finance
    June 17, 2022
    Mary Jane Anderson has joined the team at Loeb as Vice President of Accounting and Finance. Mary Jane has more than 20 years of experience leading accounting and finance teams and managing large loan portfolios. Mary Jane is excited to join the team at Loeb and looks forward to helping continue its long legacy as a leader in the industrial asset lifecycle space.
  • Huntington Bancshares Completes Acquisition of Capstone Partners
    June 17, 2022
    Huntington Bancshares Incorporated (Nasdaq: HBAN) announced today it has completed its acquisition of Capstone Partners, a leading investment banking and advisory firm, creating a full-service banking experience for clients in Huntington's expanding capital markets and commercial banking franchise.
  • J D Factors Announces Factoring Facilities
    June 17, 2022
    J D Factors announced it has provided the following factoring facilities: $50,000 a transportation company in New Jersey; $100,000 to a transportation company in Ontario; $125,000 to a transportation company in North Carolina; $100,000 to a transportation company in Alberta.
  • FTI Consulting Launches Corporate Finance & Restructuring Segment in Italy with Four Business Transformation and Restructuring Experts
    June 16, 2022
    TI Consulting, Inc. (NYSE: FCN) today announced the launch of the firm’s Corporate Finance & Restructuring segment in Milan with the appointment of four business transformation and restructuring senior hires, continuing its growth across Continental Europe and providing a permanent presence in Italy.
  • MidOcean Partners Bolsters Team With Senior Hires
    June 16, 2022
    MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that the firm has bolstered its team with two senior hires. Marshall Phelps will be joining the firm as a Managing Director and Partner within MidOcean Private Equity focusing on the firm’s Business Services vertical, and Jim Henderson has joined as a Managing Director on the Investor Relations team.
  • TD Bank Names Robert Curley Regional President of Pennsylvania/New Jersey Metro
    June 16, 2022
    TD Bank, America's Most Convenient Bank®, announced today it has appointed Robert (Rob) Curley III Regional President for its Pennsylvania/New Jersey Metro. He succeeds Michael Carbone following his retirement after 30 distinguished years at TD.
  • M&T Bank Corporation President and Chief Operating Officer Rich Gold Announces Retirement
    June 16, 2022
    Richard ("Rich") Gold, president and chief operating officer for M&T Bank Corporation (NYSE: MTB), has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank.
  • Cosmetics Giant Revlon Files for Chapter 11 Bankruptcy Protection
    June 16, 2022
    Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will help to support its day-to-day operations. PJT Partners is acting as financial advisor to Revlon, and Alvarez & Marsal is acting as restructuring advisor.
  • Clancy Appointed Chair of Nexia TRI Business Group
    June 16, 2022
    CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kevin Clancy, Partner and Global Director of its Restructuring and Dispute Resolution Practice, has been appointed Chair of the Nexia International Turnaround, Restructuring, Insolvency (TRI) Business Group.
  • Hercules Capital Expands Its Credit Facilities to $720 Million to Support Strong Investment Portfolio Growth
    June 15, 2022
    Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative, venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has increased its existing credit facilities with MUFG Bank, Ltd. (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”).
  • Kane Biotech Announces Amended Credit Facility
    June 15, 2022
    Kane Biotech Inc. (TSX-V:KNE; OTCQB:KNBIF), (the “Company” or “Kane Biotech”), today announces that it has further amended its credit agreement with Pivot Financial Inc. (“Pivot”) maturing August 31, 2022 (the “Amended Credit Facility”).
  • Atlas Financial Holdings Announces Expansion of Credit Facility and Provides Business Update
    June 15, 2022
    Atlas Financial Holdings, Inc. (OTC: AFHIQ) (“we,” “us,” “our,” “Atlas” or the “Company”) today announced the expansion of the Company’s existing Convertible Senior Secured Delayed-Draw Credit Agreement (“Credit Facility”), adding new lenders and an additional $3.2 million of funding.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $49.5 Million in Commercial Financing to 94 Businesses in May
    June 15, 2022
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $25,950,000 in ABL/factoring financial solutions for 23 new clients; Crestmark Equipment Finance provided $16,094,651 in 20 new large ticket transactions and $6,435,042 in 50 new small ticket vendor transactions; and the Structured Finance group provided $1,050,000 in financing for one new client in May.
  • Huntington Business Credit Closes New Credit Facilities with Mills Products, LLC
    June 15, 2022
    Huntington Business Credit announced it closed $13,536,000 in new credit facilities with Mills Products, LLC on May 24, 2022. Proceeds of the facility were used to provide acquisition financing and to provide ongoing working capital growth financing. Mills Products, LLC, headquartered in Athens, TN, is a manufacturer of roll-formed and tubular stamped metal products servicing the consumer appliance, after-market truck and automotive, and office furniture markets.
  • Veteran Colorado Banker Joins Growing U.S. Bank Asset Based Finance Team
    June 15, 2022
    U.S. Bank announced today that veteran Colorado banker Benjamin Fields-Elizalde has joined the growing U.S. Bank Asset Based Finance division as vice president. Based in Denver, Fields-Elizalde will lead efforts to provide asset-based credit solutions for businesses across Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming. Fields-Elizalde has more than 17 years of banking experience, including nearly 14 years in various asset-based finance roles at Wells Fargo.
  • Spire Obtains $120 Million Credit Facility from Blue Torch Capital
    June 15, 2022
    Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, today announced that it has obtained a credit facility up to $120 million, led by Blue Torch Capital. Proceeds will be utilized to extinguish an existing approximately $71 million credit facility and to continue driving Spire’s four strategic growth pillars, providing flexibility to strategically run the business.
  • Alvarez & Marsal Bolsters Automotive & Industrial Sector Expertise
    June 15, 2022
    Leading global professional services firm Alvarez & Marsal (A&M) strengthens its capabilities with the addition of Dallas-based Steve Hurt as a Managing Director with the firm’s Automotive & Industrials Group. Mr. Hurt’s joining demonstrates A&M’s continued commitment to help clients achieve growth and profitability goals against the backdrop of accelerating industry-wide change and disruption, including the transition to electric vehicles (EVs).
  • Stifel Hires Michael Gonzales as Managing Director in Fixed Income Capital Markets Group
    June 15, 2022
    Stifel Financial Corp. (NYSE: SF) today announced the hiring of Michael Gonzales as a Managing Director in the firm’s Fixed Income Capital Markets Group. In this role, Mr. Gonzales will lead Stifel’s efforts to expand its front-end credit sales, focusing on a broad spectrum of fixed income products, including asset-backed securities, investment-grade corporate debt, U.S. government securities, and structured notes. He will be based in the San Francisco Bay area.
  • Saxum Real Estate Closes $17M Construction Loan With CIT
    June 15, 2022
    Saxum Real Estate is pleased to announce the closing of a $17 million construction loan from CIT, a division of First Citizens Bank, for the financing of two industrial developments in Hazleton, PA. The current sites, both within opportunity zones, are poised to become two Class-A industrial developments of 105,000 SF and 115,000 SF.