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  • Syniverse Successfully Completes Syndication of $1.165 Bn Debt Refinancing
    February 2, 2022
    Barclays Bank PLC acts as Joint Lead Arranger and Joint Bookrunner on the Term Loan, together with Goldman Sachs Bank USA, Mizuho Bank, Ltd., BofA Securities, Inc., Credit Suisse Loan Funding LLC, Deutsche Bank Securities Inc., BNP Paribas Securities Corp. and Société Générale. Barclays Bank PLC will also be the Administrative Agent.
  • CNH Finance Closes More Than 40 Facilities During 2021
    February 2, 2022
    CNH Finance is pleased to announce it closed more than 40 facilities during 2021 totaling over $160MM in new commitments. These results signify its commitment to long-term stabilized portfolio growth through building new client relationships and supporting growth in existing partnerships.
  • Celtic Capital Corporation Provides Financing for Commercial Printing Company
    February 2, 2022
    Celtic Capital Corporation today announced its most recent new client relationship – a California-based commercial printing company. The Company had experienced a drop in revenue due to the pandemic and was in violation of certain loan covenants with its bank.
  • Hong Kong-based Steel Trader Secures $20 Million Export Factoring Facility from Tradewind Finance
    February 2, 2022
    Tradewind Finance is pleased to announce it has closed a USD 20 million export factoring facility for a steel trading company based in Hong Kong. The facility, in addition to the steel trader’s significant existing borrowing facilities, will be used to support the company’s growing international trade requirements, primarily to the US and Europe and upcoming trade deals based in South America and Southeast Asia.
  • Stonebriar Commercial Finance Closes a $69 Million Renovation-to-Permanent Real Estate Financing
    February 2, 2022
    Stonebriar Commercial Finance (“Stonebriar” or “SCF”) announces the closing of a $69 million financing for the repositioning of vacant industrial real estate. This 85 percent loan-to-cost mortgage financed both the purchase and redevelopment of a single industrial asset into two separate triple-net (NNN) properties.
  • Winston & Strawn Represents The Vistria Group
    February 2, 2022
    Winston & Strawn represented The Vistria Group in its majority recapitalization of Education Solutions Services (ESS.) ESS is one of the nation's leading scaled managed services companies dedicated to K-12 outsourced substitute, paraprofessional, and in-classroom virtual teacher solutions.
  • Bridge Bank Provides $40 Million Credit Facility to Support Sayari Labs’ Growth
    February 2, 2022
    Bridge Bank today announced its Technology Banking Group has closed on a $40 million credit facility for Sayari Labs Inc., a Washington, D.C.-based leader in financial intelligence and supply chain risk solutions. The credit facility includes venture debt and a monthly recurring revenue (MRR) line of credit to help fund Sayari’s growth.
  • CENTOGENE Announces USD 62 Million Aggregate Equity and Debt Financings to Support Growth Plan
    February 1, 2022
    Centogene N.V. (Nasdaq: CNTG), a commercial-stage company focused on generating data-driven insights to diagnose, understand, and treat rare diseases, today announced the closing of a EUR 15 million (approx. USD 17 million) private placement financing from investors led by DPE Deutsche Private Equity, TVM Capital Life Science, and Careventures (the “Private Placement Financing”), as well as the entry into a USD 45 million senior secured loan facility provided by Oxford Finance LLC, a specialty finance firm providing senior debt to life sciences and healthcare companies (the “Loan Facility”).
  • FGI Names Sami Altaher as President
    February 1, 2022
    FGI Worldwide LLC (www.FGIWW.com) has announced that Sami Altaher has been named President of FGI, effective today, February 1st. David DiPiero will continue to serve in his role as Chief Executive Officer. Mr. Altaher’s promotion and Mr. DiPiero’s continued service as CEO reflect their long-term vision for the senior leadership of FGI and their respective responsibilities.
  • Real-Time Payments Capability Is Deciding Factor When Businesses Choose a Bank
    February 1, 2022
    Eighty-five percent of business leaders say the most important factor when choosing a banking partner is whether the financial institution offers real-time payments (RTP) capabilities, according to Citizens’ annual payments and treasury survey.
  • J D Factors Provides Factoring Facilities
    February 1, 2022
    J D Factors announced it provided the following factoring facilities: $400,000 to a transportation company in British Columbia; $75,000 to a transportation company in Ontario; $400,000 to a transportation company in California; $400,000 to a commercial landscaping maintenance company in Florida...
  • goeasy Ltd. Announces Enhancements to Securitization and Credit Facilities
    January 31, 2022
    goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, announced today enhancements to its existing revolving securitization warehouse facility (the “Securitization Facility”) and senior secured revolving credit facility (the “Credit Facility”).
  • Amur Completes Successful 2021 with Largest Ever Term Securitization
    January 31, 2022
    Amur Equipment Finance, Inc. (“Amur”) today closed its tenth term securitization, its largest ever, in which it issued $483MM in notes secured by equipment loans and leases originated through its platform.
  • Studio Retail Exploring Options to Meet Higher Working Capital Funding Requirements
    January 31, 2022
    Studio Retail Group PLC said Monday that its board is exploring a range of options to meet its increased working capital funding requirements. The London-listed online value retailer said that higher stock levels and larger-than-usual stock commitments have led to a rise in its working capital requirements, and that discussing the current level of its working capital facilities with its U.K. lenders is among its options.
  • Hilco Corporate Finance Announces Addition of Sheon Karol as Managing Director
    January 31, 2022
    Hilco Corporate Finance is excited to announce the addition of Sheon Karol to the Hilco Corporate Finance team. Mr. Karol will serve as Managing Director in Corporate Finance/Special Situations. Mr. Karol is a nationally prominent investment banker and restructuring advisor. He joins the Hilco Corporate Finance team to build the special situations and restructuring practice nationally. Mr. Karol will be based in the New York office.
  • Bridge Bank Provides $7 Million in Venture Debt to Appcues
    January 31, 2022
    Bridge Bank today announced its Technology Banking Group has provided $7 million in venture debt to Appcues, which builds technology to identify onboarding issues and provide low-code, non-technical solutions to fix them. The deal was led by Brendan Carr and Michael Walsh, both of whom are based in Bridge Bank’s Boston office.
  • Manufacturers Bank Welcomes Michael Leary as Executive Vice President, Chief Risk Officer
    January 31, 2022
    Manufacturers Bank is pleased to welcome Michael Leary, a Chartered Financial Analyst®, as Executive Vice President and Chief Risk Officer, reporting to Kazuhisa Miyagawa, Chairman and CEO, and functionally to the Manufacturers Bank Board of Directors and to Kim Olson, Chief Risk Officer of the Americas Division of SMBC, the bank’s parent company.
  • Supply Chain Finance Provider Octet Appoints Judo Bank co-founder Tim Alexander as Non-executive Director
    January 31, 2022
    Australian supply chain finance and technology provider Octet has today announced the appointment of Judo Bank Co-Founder and former Chief Operations/Product Officer Tim Alexander as Non-Executive Director to the Board, effective from January 2022.
  • Progress Announces Amended Credit Facility
    January 31, 2022
    JPMorgan Chase Bank, N.A. acted as Administrative Agent; Wells Fargo Bank, N.A. and Citizens Bank, N.A. as Syndication Agents; Bank of America, N.A., Citibank, N.A., PNC Bank, N.A., Silicon Valley Bank, and TD Bank, N.A. as Documentation Agents, and JPMorgan Chase Bank, N.A. acted as Sole Bookrunner and Sole Lead Arranger.
  • Siena Announces Over $565M in New Facilities During 2021
    January 31, 2022
    Twenty deals were closed in 2021 with $566.5 million in facilities.
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