- Baker Garrington and Liquid Capital Announce Recent Financings
- Baker Garrington and Liquid Capital Announce Recent Financings
- Treville Capital Group Upsizes Credit Facility to Nitra to $95 Million; Encina Lender Finance Joins as Co-Lender
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- News Detail Share Test
TSL Express Daily Articles & News
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Webster Bank is pleased to announce that it is expanding its commitment to Commercial & Industrial Middle Market Banking with the addition of David Ferretti as Senior Vice President, Market Manager, New Haven.
Ferretti reports to Douglas Scala, Regional President, New England and is responsible for providing comprehensive commercial banking services to middle market clients and prospects throughout greater New Haven County.
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In September, Octet announced that Bank of Queensland partnered with Octet on supply chain financing. As part of this relationship, Bank of Queensland will be providing a funding warehouse to Octet. The Octet-Bank of Queensland partnership is the first time Octet has aligned with a traditional lender in the business finance market. The deal sets a new standard for collaboration between the fintech and mainstream banking sectors.
TSL Express Daily Headlines & News
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SeaSpine Announces Three-Year Extension and Expansion of $30 Million Credit Facility
July 20, 2022SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today that it has amended its credit facility with Wells Fargo Bank, N.A. The amendment extends the maturity date of the credit facility by three years from July 27, 2022 to July 27, 2025.
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Cambridge Savings Bank Assists The Michaels Organization’s Expansion in the Greater Boston Area with $61.7 Million Construction Loan
July 20, 2022Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has provided a $61.7 million construction loan to The Michaels Organization (Michaels), a national leader in residential real estate with more than 175,000 residents across 37 states, the District of Columbia and the U.S. Virgin Islands.
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Access Capital Provides a $1.5 Million Credit Facility to Strategio
July 20, 2022Access Capital announced it has provided a $1.5 million credit facility to Strategio Inc. (“Strategio”). The new borrower is a Miami-based startup formed with a mission to increase diversity, equity, and inclusion within Enterprise IT. Strategio’s program includes sourcing under represented and underserved technology talent from STEM backgrounds and offering paid training.
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B. Riley Principal 150 Merger Corp. Completes Business Combination with FaZe Clan, a Leading Gaming, Lifestyle and Media Brand
July 20, 2022FaZe Clan Inc. (“FaZe Clan”), the interactive lifestyle and media brand rooted in gaming and youth culture, today announced that on July 19, 2022 it completed its business combination (the “Business Combination”) with B. Riley Principal 150 Merger Corp. (Nasdaq: BRPM) ("BRPM"), a special purpose acquisition company sponsored by an affiliate of B. Riley Financial, Inc. (Nasdaq: RILY).
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Commercial Funding Inc. Launches Accounts Receivable Finance YouTube Channel
July 20, 2022Commercial Funding Inc., a national provider of accounts receivable financing, including invoice factoring, and asset based lending, has launched a YouTube channel and published their first educational video. The animated video, titled “CFI Explains Invoice Factoring”, provides a one-minute overview of the invoice factoring process and explains how invoice factoring improves cash flow.
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M&T Bank Expands Commercial Real Estate Lending Capabilities With Creation of Innovation Office and Hiring of Key New Executives
July 20, 2022M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to clients' needs, including various types of CRE lending, debt capital markets, and Agency & Insurance company placements.
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Oaktree Completes Acquisition of Majority Interest in 17Capital
July 20, 2022Oaktree and 17Capital are pleased to announce the completion of Oaktree’s acquisition of a majority interest in 17Capital, as previously announced on March 9, 2022. 17Capital specializes in providing non-dilutive capital to high-quality private equity management companies, funds and institutional investors that are seeking to finance value creation and portfolio management initiatives.
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Wheaton Precious Metals Signs US$2 Billion Sustainability-Linked Revolving Credit Facility
July 20, 2022The Bank of Nova Scotia and Bank of Montreal acted as Joint Bookrunners and Co-Lead Arrangers of the revolving credit facility. Bank of Montreal and Royal Bank of Canada acted as Co-Lead Sustainability Structuring Agents and Coordinators, and The Bank of Nova Scotia and Canadian Imperial Bank of Commerce acted as Co-Sustainability Agents. Bank of America, The Toronto-Dominion Bank and Export Development Canada acted as lenders.
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Soundcore Expands Senior Leadership Team
July 20, 2022Soundcore Capital Partners, LP ("Soundcore"), a New York based private equity firm, is pleased to announce that Jonathan Tanenbaum has joined the firm as a Partner on its Investment Team.
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FirstBank Announces Multiple Leadership Appointments
July 20, 2022FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced several leadership changes: Matt Cornwell, who previously served as President of the Northwest Market which includes Arvada and Wheat Ridge, was officially named President of the downtown Denver Market. Matthew Doyle, who previously served as President of Loan Review, is now President of Investments.
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Ruben Roy Joins Stifel as Managing Director and Equity Research Analyst Covering Applied Technology Sector
July 20, 2022Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ruben Roy as a Managing Director and Equity Research Analyst covering the Applied Technology sector. He is based in the firm’s New York office.
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Paul Hastings Adds Band One Finance Team
July 20, 2022Paul Hastings LLP, a global law firm advising the world's leading financial institutions, asset managers and Fortune 500 corporations, announced today that one of the most elite Finance teams in the industry has joined the firm in London from Latham & Watkins. Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson have all joined the firm as partners in Paul Hastings' prestigious Global Finance practice.
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SLR Healthcare ABL Provides Financing to a Pediatric Therapy Services Provider
July 20, 2022SLR Healthcare ABL is pleased to announce it has provided a $2,500,000 asset-based revolving line of credit to a pediatric therapy services provider in June 2022. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States.
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TradeCap Partners Assists Outdoor Goods Startup with $450,000 Purchase Order Finance Facility
July 20, 2022TradeCap Partners recently closed a $450,000 purchase order finance facility for a Texas-based startup manufacturer and distributor of outdoor goods. TradeCap’s non-dilutive solution preserved 100% of the founders’ ownership and provided the flexible structure needed to complete transition of the business plan and rapidly scale.
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FTI Consulting Appoints Monish Paul as Senior Managing Director to Lead the Economic & Financial Consulting Practice in Western Australia
July 19, 2022FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Economic Consulting segment in Australia with the appointment of Monish Paul as a Senior Managing Director. Mr. Paul, who is based in Perth, has more than 25 years of experience advising clients in business and regulatory economics, transaction advisory and business transformation. Over his career, he has held senior positions in global management consulting firms including IBM and Deloitte, with a focus on government and public policy, infrastructure, energy and financial services.
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Iron Horse Credit Provides a $1.5 Million Inventory Line of Credit to a Wholesale Distributor of Tile and Natural Stones
July 19, 2022Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,500,000 stand-alone inventory revolving line of credit to a wholesale distributor of tile and natural stones. The company has a reputable name dating back over a century and offers a one-stop point for both domestic and imported products.
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Blackbuck Resources Announces Expansion of Sustainability-Linked Financing
July 19, 2022Blackbuck Resources LLC (“Blackbuck”), which designs, builds, and operates water infrastructure, announced it has expanded its sustainability-linked term loan with Riverstone Credit Partners LLC, a dedicated credit investment platform focused on energy, power, decarbonization, and infrastructure managed by Riverstone Holdings LLC (“Riverstone”).
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Crayhill Capital Management Provides $100mm Senior Secured Loan Facility to Fort Amsterdam Capital
July 19, 2022Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments, announced today the close of a $100mm credit facility with Fort Amsterdam Capital, a New York-based, vertically-integrated real estate lender. The facility will be collateralized by both land and commercial real estate properties in the Northeast Corridor.
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Beach Point Capital Management Provides Financing for the Acquisition of 888 Holdings' Bingo Businesses by Saphalata Holdings
July 19, 2022Beach Point Capital Management announced it provided the debt financing for the acquisition of 888 Holdings' B2C and B2B bingo businesses by Saphalata Holdings, a member of the Broadway Gaming group, for $46 million.
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Stroock Adds Restructuring and Bankruptcy Group in New York
July 19, 2022Stroock is expanding its Restructuring and Bankruptcy practice with a team from Luskin, Stern & Eisler, a Chambers-ranked boutique firm focused on restructuring and bankruptcy. The attorneys will be based in Stroock's New York office.
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