StreetTrend LLC, one of the fastest-growing footwear and apparel companies in the streetwear fashion sector, announced today that Mark Wahlberg has become a strategic investor in the company which includes the P448 sneaker brand, having taken a significant minority financial stake in the business.

The Philadelphia office of global law firm Greenberg Traurig, LLP announces the addition of Shareholder Sherman W. Smith III to its Corporate Practice. Smith has built a portfolio practice, advising and representing clients ranging from some of the nation’s largest financial institutions to privately-held businesses and investors to commercial real estate developers of all sizes.

Ameresco, Inc., (NYSE: AMRC), a leading energy efficiency and renewable energy company, today announced it has entered into an amendment and restatement to the company’s current senior secured credit facility with a group of lenders led by Bank of America. This amendment and restatement resulted in a $262 million increase, bringing Ameresco’s credit facility total to $495 million.

Epiq, a global technology-enabled services leader to the legal services industry and corporations, released February 2022 bankruptcy filing statistics from its new Epiq Bankruptcy Analytics platform. Overall, February new filings were 26,985 across all chapters, up 3.2% from January 2022 which had 26,155 new filings. Total commercial filings across all chapters were 1,420, down 5.4% over January 2022, which had 1,501 new filings.

Gordon Brothers, the global advisory, restructuring and investment firm, has partnered with New Mill Capital to sell the machinery and equipment from Drinkworks’ two U.S. facilities in timed, online auctions. Drinkworks, a former producer of at-home bar machines, ceased operations in December 2021. The discontinued assets include late model, alcoholic beverage machinery and equipment from the Bedford, Massachusetts testing facility and state-of-the-art home bar production and pod filling equipment from the Williston, Vermont plant.

CVC Credit is pleased to announce that it has priced Apidos XXXIX, a Collateralized Loan Obligation (“CLO”) fund totalling c.$508 million, arranged by Societe Generale. This is the first new issue CLO CVC Credit has priced globally this year, following a record year in 2021, which saw CVC Credit raise seven new issue CLOs with a total value of over $3.5 billion (c.€3 billion).

Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on March 7, 2025, has no mandatory amortization payments, and has a flexible repayment schedule.

Allspring Global InvestmentsTM, a leading independent global asset management firm with $575 billion1 in assets under management, today announced that Matt Wren has joined the organization as Chief Technology Officer. Mr. Wren joins Allspring from BlackRock, where he most recently served as global head of investment technology. Matt will report to Joe Sullivan, Allspring's Chair and Chief Executive Officer.

Crossroads Financial announced it provided the following deals: a $4.5 million industry inventory revolving line of credit, in partnership with a factoring company, for a distributor of wireless and fiber products to the wireless network; a $1.7 million inventory revolving line of credit for a designer and retailer of athletic apparel...

J D Factors announced it has provided the following factoring facilities: $75,000 to a transportation company in Ontario; $250,000 to a transportation company in New Jersey; $490,000 to a transportation company in Texas; $300,000 to a transportation company in Ontario; $50,000 to a transportation company in Oklahoma...

Rosenthal & Rosenthal, Inc., the leading factoring, asset-based lending, purchase order financing, d2c and e-commerce inventory financing firm in the United States, today announced the completion of a recent $3.2 million factoring facility with purchase order financing to support an outdoor and sporting apparel company.

Laura Martone has rejoined Haynes and Boone, LLP as partner in the firm’s New York office. Her practice focuses on finance transactions, including oil and gas finance, renewable energy, commodity finance and trading, and real estate lending.

NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today announced an amendment to its 5.5-year $150 million term loan with funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The amendment increases the maximum total leverage ratio covenants for all quarters of 2022 and 2023.

M&T Bank Corporation (NYSE: MTB) ("M&T") announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial, Inc. (NASDAQ: PBCT) ("People's United"). The transaction has also received approval from both the New York State Department of Financial Services and the Connecticut Department of Banking. No further regulatory approvals are required.

U.S. Well Services, Inc. (NASDAQ: USWS) ("USWS" or the "Company") today announced it has entered into an amendment to its Senior Secured Term Loan Credit Agreement ("Term Loan Agreement") allowing the Company to borrow last-out term loans (the "Term C Loans"). The Company also provided an update on recent commercial activity.

AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced it has expanded its senior credit facilities with three different borrowers: Verano Holdings Corp. (CSE:VRNO) (OTCQX:VRNOF) (“Verano”), a leading multi-state operator with active operations in 12 states, including 12 production facilities; Devi Holdings Inc., doing business as Nature’s Medicines (“Nature’s Medicines”), a multi-state operator headquartered in Phoenix, Arizona; and Natrabis LLC (“Natrabis”), doing business as SocietyC, is a premium cannabis producer that operates a state-of-the-art 50,000 square foot indoor cultivation and processing facility in Lake Orion, Michigan

Financial disclosure bills, similar to those passed into law in NY and CA, have been proposed in a few more states. SFNet will keep you apprised of developments. See below for links to each bill.

Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce their portfolio company, Leaf Home™ is expanding their product offering. Leaf Home™, a leading technology-enabled provider of home solutions, has completed its acquisition of Tundraland Home Improvement. Headquartered in Kaukauna, Wisconsin, and serving the entire state, the company provides home upgrades that include baths, decks, and cabinet refacing.

Buyerlink, a leading online marketplace for performance-based marketing, today announced the securement of a $63 million credit facility led by JPMorgan Chase. A One Planet Group company, Buyerlink is actively seeking targeted acquisition opportunities, specifically those in the cost-per-lead, cost-per-click, and cost-per-call performance-based marketing space. The money secured from the credit facility will be used as capital for future M&A opportunities.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Christine E. Davis has been named Executive Vice President, Chief Risk Officer (CRO), reporting to Rodger Levenson, WSFS Chairman, President and CEO. In her new role, she will lead all risk management functions including credit administration, credit risk management, enterprise risk management, real estate services, asset recovery, legal, internal audit, loan review and regulatory compliance.