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  • Haynes Boone Elevates 11 Lawyers to Counsel in 2022
    March 22, 2022
    Haynes and Boone, LLP has promoted to counsel 11 lawyers from the firm’s Austin, Dallas, Dallas-North, Denver, Houston, London, Orange County, Palo Alto, and San Francisco offices. The new counsel are Kelli Bills, Calmann Clements, Emily Fuller, Daniel Kwok, Taryn McDonald, Nick Monier, Kristin Santamaria, Hong Shi, Michael Smith, Robin Smith, and Michael Stoner.
  • Scott Frederick joins Pacific Western Bank as SVP, Business Development Officer for Asset-Based Lending in Midwest Region
    March 22, 2022
    Pacific Western Bank is pleased to announce that Scott Frederick has joined the Bank as a senior vice president, business development officer on its asset-based lending team. He will be located in Oak Park, Illinois. Scott will be driving the Bank’s efforts to deliver asset-based lending solutions to middle-market businesses throughout the Midwestern States- including Wisconsin, Indiana, Michigan, Ohio, Minnesota, Missouri and his home state of Illinois.
  • CIT Provides $30 Million for School Construction and Renovation Work
    March 22, 2022
    CIT, a division of First Citizens Bank, today announced that its Middle Market Banking business provided $30 million toward construction and enhancement of school facilities in Wahoo, Nebraska. The borrower, Saunders County Education Agency, will use the loan to help finance construction of a new, two-story school addition, as well as associated renovations, for the existing middle school and high school facility of Wahoo Public Schools.
  • Gramercy Lends $100 Million for Fintech’s Latin America Growth
    March 21, 2022
    Gramercy Funds Management LLC, an emerging-markets asset manager, loaned $100 million to OmniLatam, a Bogota-based fintech that’s entering the Brazil market. OmniLatam specializes in providing digital working-capital products to small and midsize businesses. It collects data such as invoices and tax forms to help make credit decisions based on the prospective borrower’s clients, sales and employees.
  • SLR Investment Corp. and SLR Senior Investment Corp. Announce Stockholder Approval of Merger
    March 21, 2022
    SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) are pleased to announce that each company obtained stockholder approval of the proposals related to the previously announced merger of SLRC and SUNS (the “Merger”) at their respective special meetings of stockholders held on March 21, 2022.
  • Siena Healthcare Finance Provides a $10 Million Credit Facility to a Group of Skilled Nursing Facilities
    March 21, 2022
    Siena Healthcare Finance today announced the closing of a $10MM working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main objective was to engage a lender that listened, had deep knowledge of the sector, and could execute. They chose Siena Healthcare Finance because they could deliver on all requirements.
  • Sallyport Provides $1.9 Million Finance for Distribution Business
    March 21, 2022
    Sallyport has lightened the load for a growing bulk container distribution business, supporting them with $1.9 million in finance comprising an accounts receivable facility and a $500,000 cash flow loan.
  • Gibraltar Supports Specialty Manufacturing Company with $5MM ABL
    March 21, 2022
    When seeking a more nimble and reliable financing partner to refinance an existing small bank credit facility, Superior Fibers — a West Virginia-based manufacturer of specialty glass filament filtration media — approached Gibraltar Business Capital. The company was seeking a partner to support its long-term growth strategies.
  • Entrepreneur Growth Capital Provides $750,000 ABL
    March 21, 2022
    Entrepreneur Growth Capital (“EGC” or “Entrepreneur”) is pleased to announce that it has provided a $750,000 accounts receivable line of credit to a New Jersey-based digital marketing and adaptive analytics firm (the “Client”). The Client applies the best tools and strategies available in ad-tech to offer reach and measurable engagement across web, mobile, CTV, and audio channels.
  • Hilco Global Acquires Heavy Plate Rolling Mill from ThyssenKrupp Steel Europe
    March 21, 2022
    Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced today the strategic acquisition of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com.
  • Cambridge Wilkinson Investment Banking Closes $80 Million Debt Facility for Multi-Family Real Estate Development
    March 21, 2022
    Cambridge Wilkinson ("CW") is pleased to announce the closing of an $80MM debt facility for a long track record real estate sponsor in the Southeast United States. This bridge and construction facility will be used to develop a multi-family development on a 600-acre master plan community.
  • Trinity Capital Inc. Announces Senior Leadership Appointments
    March 21, 2022
    Gerry Harder has been promoted to serve as the Company's first-ever Chief Operating Officer, where he will steward corporate infrastructure and operational initiatives to support platform growth and new business creation. Ron Kundich has been with Trinity Capital since 2018 and has served as Senior Vice President, Loan Originations since August 2019 and has also contributed to Trinity's investment performance as a member of the investment committee.
  • Wilmington Trust Announces 5 Key Hires to its Project Finance Group
    March 21, 2022
    Wilmington Trust, a leader in corporate and institutional trust services, today announced the addition of five new team members to the Project Finance Agency Services business within Global Capital Markets (GCM) – Stephanie Li, Rafael Miranda, Amedeo Morreale, Kevin Pennant, and Bobby Reyes. The team will report directly to Will Marder, Head of Project Finance.
  • Iron Mountain Completes Amended and Restated Credit Agreement
    March 21, 2022
    Iron Mountain (NYSE: IRM), a global leader in innovative storage, data center infrastructure, asset lifecycle management and information management services, has completed, effective March 18, 2022, its amended and restated credit agreement with certain lenders; JPMorgan Chase Bank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian administrative agent.
  • Corus Entertainment Announces Extension of Credit Facilities
    March 21, 2022
    Corus Entertainment Inc. ("Corus") (TSX: CJR.B) announced today that it has completed an agreement to amend and restate its existing syndicated senior secured credit facilities with its bank group, led by RBC Capital Markets and TD Securities.
  • J D Factors Announces Factoring Facilities
    March 21, 2022
    J D Factors announced it provided the following deals: $100,000 to a transportation company in Georgia; $50,000 to a transportation company in Mississippi; $150,000 to a transportation company in California; $75,000 to a transportation company in Ontario.
  • Aeromexico Exits Bankruptcy With Plan to Invest $5 Billion in Fleet
    March 21, 2022
    Grupo Aeromexico SAB has emerged from its restructuring process and will invest $5 billion over the next five years to expand its fleet as it prepares to start growing again. The carrier won court approval to emerge from Chapter 11 in late January but still had to fulfill certain conditions to finalize the process, Aeromexico said in a statement Thursday.
  • White Oak Provides $40 Million Term Loan Financing for Acquisition of Sun Mountain Sports
    March 21, 2022
    White Oak Global Advisors, LLC, (“White Oak”) announced it provided a $40 million term loan to Solace Capital Partners to support its acquisition of Sun Mountain Sports. In addition, White Oak Commercial Finance, LLC, an affiliate of WOGA, provided a $10 million ABL credit revolver to help meet Sun Mountain’s ongoing working capital needs.
  • CapStar Announces Richard Stone as Rutherford & Williamson Counties Market President
    March 21, 2022
    CapStar Bank, a subsidiary of CapStar Financial Holdings, Inc. (NASDAQ: CSTR), announces the hiring of Richard Stone as Senior Vice President, Rutherford & Williamson Counties Market President, where he will lead business development and customer service initiatives across the region. The Bank currently has two locations (Brentwood and Murfreesboro) and four commercial relationship managers to serve the area and is poised to expand services and recruit additional bankers in 2022 to further deliver its best-in-class banking experience.
  • Clifford Chance Continues US Structured Finance Expansion with Appointment of Counsel Leah Feldman
    March 21, 2022
    Leading international law firm Clifford Chance announced today the hiring of experienced structured finance attorney Leah Feldman as counsel in its US Structured Finance team. Feldman will focus her work on commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), collateralized loan obligations (CLO) and asset-backed securities (ABS).
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