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  • Old Second National Bank Expands Collaboration with Jack Henry
    April 25, 2022
    Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that Old Second National Bank has expanded its collaboration with Jack Henry to support the bank's digital and growth strategy. Among the largest locally headquartered banks in the Chicago area, Old Second benefited from a seven-year modernization journey, improving its technology infrastructure to support organic growth and acquisitions.
  • Fjord1 Completes Refinancing of Debt
    April 25, 2022
    Fjord1 AS (“Fjord1” or the “Company”), the largest ferry and high-speed passenger boat operator in Norway, today announced that it has completed a NOK 6,5 billion debt refinancing. Pareto Securities AS and Wikborg Rein Advokatfirma AS served as financial advisor and legal advisor, respectively, to Fjord1 in connection with the refinancing.
  • White Oak Commercial Finance Provides $7 Million Credit Facility to Converter and Distributor of Flexible Packaging Films
    April 25, 2022
    White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $7 million senior secured credit facility to a NY-based converter and distributor of flexible film packaging products for the medical, cosmetic, and food industries.
  • Allegion to Acquire Stanley Black & Decker’s Access Technologies Business
    April 25, 2022
    Allegion intends to finance the transaction through a combination of cash, borrowings under its existing revolving credit facility and new debt financing. Following the transaction, the net debt to adjusted EBITDA is expected to naturally de-lever over time, given strong liquidity and ongoing cash generation. Allegion has obtained fully committed financing from Goldman Sachs & Co. LLC.
  • Huntington Business Credit Closes $16 Million in new Credit Facilities with Stansport, LLC on March 31, 2022
    April 25, 2022
    Stansport, LLC, headquartered in Los Angeles, California, is a supplier of branded and private label camping, hiking, outdoor, survival, emergency prep gear and child play tents primarily to leading retailers.
  • DLA Piper Adds Major Top-tier Middle Market Private Equity Practice in Chicago
    April 25, 2022
    DLA Piper continues to make substantial investments in its globally recognized Private Equity practice with the addition of lateral partners Harris Eisenberg, Alex Plakas, Nathan Wilda and Drew Rosenberry, along with several other partners and approximately 20 other lawyers in Chicago. The addition of this group will significantly enhance DLA Piper’s positioning in middle-market private equity.
  • Alvarez & Marsal Bolsters Private Equity Performance Improvement Supply Chain Expertise
    April 25, 2022
    Leading global professional services firm Alvarez & Marsal (A&M) has appointed Randy Fike, as a Managing Director with its Private Equity Performance Improvement (PEPI) practice. Mr. Fike’s joining reinforces A&M’s ability to help private equity (PE) clients protect their investment thesis, on revenue growth and margins, amidst significant post-COVID supply chain disruptions.
  • Horizon Technology Finance Leads Venture Loan Facility to Native Microbials
    April 25, 2022
    Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it closed a venture loan facility to Native Microbials, Inc. ("Native Microbials").
  • AFC Gamma Provides Bloom Medicinals with $82.5 Million Senior Secured Credit Facility
    April 25, 2022
    AFC Gamma has committed $82.5 million under Bloom’s senior secured credit facility. The facility is secured by first-lien mortgages on Bloom’s owned real estate properties and other commercial security interests. AFC Agent LLC served as Agent for the transaction.
  • Sinclair Closes Refinancing and Extension of STG Credit Facilities
    April 25, 2022
    Sinclair Broadcast Group, Inc. (“Sinclair” or the “Company”) (Nasdaq: SBGI) announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc. (“STG”), has entered into the Fourth Amendment (“Fourth Amendment”) to its Seventh Amended and Restated Credit Agreement, dated as of August 23, 2019, as amended with JPMorgan Chase Bank, N.A., as administrative agent.
  • Latham & Watkins Advises Searchlight Capital Partners in Mediamath Recapitalization Transaction
    April 25, 2022
    MediaMath has announced that it has consummated a comprehensive recapitalization transaction whereby certain existing shareholders and financial stakeholders, including funds advised by Searchlight Capital Partners, L.P. (Searchlight), have committed to invest up to US$150 million into the business through a mix of new capital and a refinancing of existing debt.
  • Airwavz Secures $70 Million Credit Facility With Ab Private Credit Investors
    April 25, 2022
    Airwavz Solutions, Inc., today announces the closing of a new credit facility with AB Private Credit Investors ("AB-PCI"), the middle market direct lending platform for AllianceBernstein. With this new financing, Airwavz is excited to build upon its position as the market's go-to provider of smart building wireless infrastructure.
  • Piper Sandler Expands Fixed Income Platform With Several Key Hires
    April 22, 2022
    Piper Sandler Companies (NYSE: PIPR), a leading investment bank, continues to grow its municipal and specialty finance/high-yield practice with the hiring of Andrew Deming as a managing director in the Minneapolis office. Deming joins the team with nearly 20 years of public finance, financial structuring and real estate experience.
  • J D Factors Provides Factoring Facilities
    April 21, 2022
    J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in Ontario; $120,000 to a transportation company in Illinois; $750,000 to a transportation company in Texas; $250,000 to a transportation company in New York...
  • QuadFi Secures US $100M (CAD $127M) Financing Facility with Crayhill Capital Management
    April 21, 2022
    QuadFi, a mission driven global fintech firm headquartered in Canada, today announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager.
  • CIBC Innovation Banking Expands North American Coverage With New Seattle Office
    April 21, 2022
    CIBC Innovation Banking is pleased to announce today that it is opening a new office in Seattle, Washington to help support the growth ambitions of the hundreds of existing and emerging start ups in the area.
  • West Town Bank & Trust Launches Dedicated Cannabis Banking Program
    April 21, 2022
    West Town Bank & Trust, a bank with a mission to make financial services more accessible to emerging and underserved industries, announces the launch of its dedicated cannabis banking program. The program provides the cannabis industry with secure, convenient, and modern financial tools, enabling businesses to operate more efficiently and reduce the risks associated with operating a cash-intensive business.
  • Portage Point Taps Lazard Veteran to Build Middle Market Investment Banking Practice
    April 21, 2022
    Portage Point Partners, LLC (Portage Point), a business advisory, interim management and financial services firm that partners with companies and their stakeholders during periods of complexity, transition and underperformance, announced today that Jason Cohen has joined the firm as Managing Director & Head of Investment Banking.
  • Republic Bank Hires Donald Greenleaf as Vice President, Commercial Lending for Bucks County
    April 21, 2022
    Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, today announced the hiring of Donald Greenleaf as Vice President, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank’s commercial loan portfolio as it continues to expand its presence in this key market.
  • GWG Holdings Undertakes Financial Restructuring
    April 21, 2022
    The Company also announced that it has secured debtor-in-possession financing (the “DIP Credit Agreement”) to facilitate the restructuring, subject to Court approval, and that it has filed a motion with the Court for approval of this financing. The DIP Credit Agreement is structured as a multiple draw term loan facility in an aggregate principal amount of approximately $65 million and will be provided by National Founders LP.
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