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  • Tiger Group Offers 15,000-Plus Assets from Seven Former Pacific Theatres Locations
    March 28, 2022
    Theater owners, live-event production companies and rental houses will find an extensive selection of gear and equipment—more than 15,000 items in all—as Tiger Group liquidates assets from seven former Pacific Theatres locations.
  • CIT Provides $29.9 Million Financing for Portfolio of Industrial Buildings in Greater Chicago
    March 28, 2022
    CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group.
  • Power Solutions International Announces Extension to Credit Agreement
    March 28, 2022
    Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it entered into an amended $130.0 million uncommitted senior secured revolving credit agreement (the “Second Amended and Restated Credit Agreement”) with Standard Chartered Bank as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.
  • Forbes Names FTI Consulting to 2022 America’s Best Management Consulting Firms List
    March 28, 2022
    FTI Consulting, Inc. (NYSE: FCN) today announced the Company has been named to Forbes magazine’s list of America’s Best Management Consulting Firms for the seventh consecutive year, recognized in 13 sectors and functional areas.
  • Sterling Bancorp, Inc. Announces Appointment of New Independent Directors, Michael Donahue and Eboh Okorie to the Board of Directors of the Company
    March 28, 2022
    Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced that on March 24, 2022, the Company appointed Mr. Michael Donahue and Mr. Eboh “Duke” Okorie to the Board of Directors of the Company (the “Board”), effective immediately.
  • Northrim BanCorp, Inc. Announces Executive Promotions
    March 28, 2022
    Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective March 26.
  • Oak Valley Community Bank Announces Vice President Promotion
    March 28, 2022
    Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced the promotion of Lisa Melville to Vice President, Commercial Loan Officer. Melville is based out of the bank’s Downtown Sonora Branch. Melville has been in banking for over 40 years, nearly 20 of which have been in commercial banking.
  • Sprouts Farmers Market Revises Credit Facility
    March 28, 2022
    Bank of America, N.A. acted as administrative agent, issuing bank and swingline lender, J. P. Morgan Securities LLC, acted as sustainability structuring agent, BMO Capital Markets Corp., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC acted as syndication agents, Truist Bank and PNC Bank, N.A. acted as documentation agents, and BofA Securities, Inc., BMO Capital Markets Corp., JPMorgan Chase Bank, N.A., and Wells Fargo Securities, LLC, acted as joint bookrunners and joint lead arrangers.
  • LSQ Creates $5MM Credit Facility for Colorado Oil Field Services Company
    March 28, 2022
    LSQ, a leading provider of working capital finance and payments solutions, recently originated a $5 million credit facility for a Colorado oil field service company. The company will use the additional capital to fund growth and complete the acquisition of a company offering a complementary service.
  • Crestmark, the Commercial Finance Division of MetaBank®, Provides More Than $34.1 Million in Commercial Financing to 72 Businesses in the First Half of March
    March 28, 2022
    Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $12,363,696 in ABL/factoring financial solutions for nine new clients; Crestmark Equipment Finance provided $4,702,737 in 13 new large ticket transactions and $5,738,197 in 45 new small ticket vendor transactions; and the Structured Finance group provided $11,337,372 in financing for five new clients in the first half of March.
  • Eastern Bank Announces Appointments To Its Management Committee
    March 28, 2022
    Eastern Bank is pleased to announce the following appointments to its Management Committee: Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer; Martha A. Dean, Executive Vice President and Senior Operations Director; Timothy J. Lodge, President and CEO of Eastern Insurance Group LLC; Matthew A. Osborne, Executive Vice President, Senior Commercial Banking Officer; and Sujata Yadav, Executive Vice President and Chief Marketing Officer.
  • Eastside Distilling, Inc. Announces Incremental $3 Million Credit Facility
    March 28, 2022
    Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has closed a new secured credit facility of up to $3 million in available principal amount with TQLA, LLC.
  • Pinnacle Financial Partners Forms Debt Capital Markets Team
    March 28, 2022
    Pinnacle Financial Partners has formed a debt capital markets group that will house its existing loan syndications team and future efforts in the bond capital markets. In addition, Pinnacle has created a new specialty group to provide financing to middle-market restaurant and franchise businesses.
  • Gateway Adds to Commercial Lending Banking Team
    March 28, 2022
    Gateway First Bank, one of the largest banking operations in Oklahoma, announced that Rob Hoffman and Todd Welch have joined the Bank’s management team as Vice Presidents, Commercial Lending. Both bankers join Gateway with extensive experience in the banking and financial services industry.
  • Oxford Finance Leads $660 Million Upsize Financing for Specialty Dental Brands
    March 28, 2022
    Oxford Finance LLC (“Oxford”), a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, today announced the closing of a $660 million senior credit facility to Specialty Dental Brands (“SDB” or “the Company”), a dental services organization focused on pediatric dentistry, orthodontics, and oral surgery. Oxford acted as the sole bookrunner and administrative agent on the transaction.
  • HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
    March 28, 2022
    Overhaul, the industry's first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets.
  • Kyte Secures $200 Million Asset-Backed Financing Facility From Goldman Sachs and Ares Management to Grow Fleet Amid Unprecedented Transformation of the Transportation Industry
    March 28, 2022
    Kyte, the company pioneering cars delivered to you on-demand, today announced the closing of an asset-backed credit financing of up to $200 million from Goldman Sachs ("Goldman") and the Ares Global Management ("Ares") Alternative Credit Team to accelerate the company's fleet growth and margin expansion. Kyte and its financing providers will create a more robust trip economy that services a more demanding customer with a shared vision of an electrified, autonomous future.
  • Kevin Byrne Promoted to Senior Vice President at SLR Business Credit (SLRBC)
    March 28, 2022
    Byrne has been performing exams, maintaining the schedule of audits, and coordinating with outside providers for SLRBC since he joined the company in 2011.
  • Citizens Financial Group and Investors Bancorp Receive Regulatory Approval for Citizens Acquisition of Investors
    March 28, 2022
    Citizens Financial Group, Inc. (NYSE: CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) ("Investors") today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors.
  • GHK Capital Partners Raises $410 Million for Oversubscribed Inaugural Fund
    March 24, 2022
    GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, has announced the final closing of GHK Fund I (the “Fund”). GHK accepted $410 million in aggregate capital commitments, exceeding its initial target of $350 million and surpassing its hard cap of $400 million.
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