- Baker Garrington and Liquid Capital Announce Recent Financings
- Eagle Point Provides Strategic Financing to Heritage Energy Storage for Distributed Generation Platform
- Tiger Group Offers Surplus Lighting and Grip Gear from Prestigious Occidental Studios
- Baker Garrington and Liquid Capital Announce Recent Financings
- Market Sizing & Impact Study 2023
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Spirit Realty Capital, Inc. Announces $1.2 Billion Revolving Credit Facility
A total of 15 lenders participated in the amended revolving credit facility, including JP Morgan Chase Bank, N.A. as a Joint Bookrunner, Joint Lead Arranger, Administrative Agent and J.P. Morgan Securities LLC as Sustainability Structuring Agent. Wells Fargo Securities, LLC and Truist Securities, Inc. served as Joint Bookrunners and Joint Lead Arrangers.
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Dave & Buster’s Announces Acquisition of Main Event for $835 Million; Chris Morris to become CEO of Combined Entity Upon Closing
April 7, 2022Deutsche Bank is serving as financial advisor and Kirkland & Ellis LLP is serving as legal advisor to Dave & Buster's. Goldman Sachs and J.P. Morgan are serving as financial advisors to Main Event. Weil, Gotshal & Manges LLP is serving as legal advisor to Main Event, and Fried, Frank, Harris, Shriver & Jacobson LLP is serving as legal advisor to RedBird. Gilbert + Tobin is serving as legal advisor to Ardent Leisure.
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Triumph Bancorp Launches TriumphX
April 7, 2022Triumph Bancorp, Inc. (Nasdaq: TBK) announced today the establishment of TriumphX, a business unit charged with supporting the execution of Triumph's plan and evolution as a transportation fintech company. TriumphX is a division of TBK Bank, SSB, the primary operating subsidiary of Triumph Bancorp.
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Citizens Names Ben Vinzant as Chief Data and Analytics Officer
April 7, 2022Citizens Financial Group, Inc. (NYSE: CFG) has named Ben Vinzant as Chief Data and Analytics Officer, effective June 27, 2022. Vinzant will join Citizens from JPMorgan Chase, where he most recently served as Managing Director, Head of Sales Science.
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PNC Bank Introduces Minority Business Development Group
April 7, 2022PNC Bank has launched a new Minority Business Development Group, intended to deliver products, solutions and resources focused on advancing the financial wellness of emerging minority businesses. Comprised of bankers and advocacy partners, the Minority Business Development Group will help prepare minority-owned businesses for effective growth, development and sustainability.
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Heritage Global Partners, New Mill Capital, Keith Machinery, and Federal Equipment Company Acquire Two St. Louis Area Pharmaceutical Plants
April 7, 2022Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), today announced that in partnership with New Mill Capital, Keith Machinery, and Federal Equipment Company, it has acquired two pharmaceutical plants in Missouri, formerly of Nesher Pharmaceuticals.
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White & Case Advises Delivery Hero on €1.4 Billion-Equivalent Term Loan B and New Revolving Credit Facility
April 6, 2022Global law firm White & Case LLP has advised Delivery Hero SE, one of the world's largest local delivery platforms, on a Term Loan B comprising of a US$825 million term facility and a €300 million term facility, each with a maturity of 5.25 years, and a new €375 million revolving credit facility, which will have an initial maturity of three years and two one-year extension options.
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Golub Capital Acts as Left Lead Arranger and Administrative Agent on $1.3 Billion Unitranche to Support CVC Capital Partners' Acquisition of Majority Stake in Radwell International from Greenbriar
April 6, 2022Golub Capital acted as Left Lead Arranger and Administrative Agent on a $1.3 billion unitranche facility to finance CVC Capital Partners' ("CVC") acquisition of a controlling interest in Radwell International, Inc. ("Radwell") from Greenbriar Equity Group ("Greenbriar"). Greenbriar and Radwell management will remain holders of significant interests in the equity of the company.
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FTI Consulting’s David Rush Named a Fellow of the American College of Bankruptcy
April 6, 2022FTI Consulting, Inc. (NYSE: FCN) today announced that David Rush, a Senior Managing Director in the Corporate Finance & Restructuring segment, will be inducted into the American College of Bankruptcy’s 33rd Class of Fellows.
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PolyPid Secures $15 Million Non-Dilutive Secured Term Loan Facility
April 6, 2022PolyPid Ltd. (Nasdaq: PYPD) (“PolyPid” or the “Company”), a late-stage biopharma company aiming to improve surgical outcomes, announced today that the Company has entered into a secured loan agreement for up to $15 million with Kreos Capital VI (Expert Fund) LP (“Kreos”).
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Oxford Finance Announces the Closing of a $75 Million Credit Facility With Fusion Pharmaceuticals
April 6, 2022Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, is announcing the closing of a $75 million senior secured term loan with Fusion Pharmaceuticals Inc. (NASDAQ: FUSN) (“Fusion” or “the Company”), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines to treat a broad range of cancers.
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Finacity Facilitates Increase and Expansion of Accounts Receivable Securitization Program to $1.1 Billion for Bunge
April 6, 2022Finacity Corporation (“Finacity”), a White Oak Company, today announced that it has facilitated an increase from US$925 million to $1.1 billion of the commitment capacity for the Accounts Receivable Securitization Program for Bunge Limited (“Bunge”), a US-based leading global agribusiness and food company.
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Hofstra University's Maurice A. Deane School of Law Inducts Marc L. Hamroff Into Its Inaugural Hall of Fame
April 6, 2022Marc L. Hamroff, managing partner of Moritt Hock & Hamroff LLP (MH&H), was celebrated as an inaugural member of Hofstra University's Maurice A. Deane School of Law's Hall of Fame on April 5, 2022 at a gala event held at the Whitney Museum of American Art in New York City.
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SLR Equipment Finance, Formerly Known as Nations Equipment Finance, Expands its Business Development Capabilities and Announces that Casey Maley has Joined the Company
April 6, 2022SLR Equipment Finance is pleased to announce Casey Maley has joined our company as a senior vice president of business development. In his role, Casey will help grow SLR Equipment Finance’s leasing and lending activities in the Ohio Valley region of the U.S.
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Michael Appel Joins Getzler Henrich & Associates
April 6, 2022Hilco Global is excited to announce that Michael Appel has joined Getzler Henrich & Associates as a Managing Director. He will be based in the Getzler Henrich New York City office. In this role, Mr. Appel will be a key contributor to helping Getzler Henrich build a best-in-class national Retail Turnaround and Restructuring practice.
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Wolters Kluwer and Lightico Announce Collaboration as Demand for Digital Completion Cloud Skyrockets
April 6, 2022Wolters Kluwer Compliance Solutions and Lightico are collaborating to leverage the capabilities of Wolters Kluwer’s eOriginal product suite of digital lending tools, including its eVaulting technology, to enhance Lightico customer transactions. The alliance strengthens Lightico’s next-generation digital completion platform, which supports millions of insurance, automotive, telecom and financial interactions.
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First Financial Bank, N.A. Names Esch Hereford Region Chairman and CEO
April 6, 2022First Financial Bank, N.A. has named Jamie Esch as Chairman and CEO of First Financial Bank, Hereford Region. The announcement was made by Ron Butler, Chief Administrative Officer of First Financial Bankshares, Inc.
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Smith Micro Announces $7.0 Million Revolving Credit Facility
April 6, 2022Smith Micro Software, Inc. (NASDAQ: SMSI) (“Smith Micro” or the “Company”) today announced that on March 31 2022, the Company entered into a secured revolving credit facility with Wells Fargo Bank, National Association. This revolving line of credit provides the Company with borrowings of up to $7.0 million that can be utilized to finance the Company’s working capital requirements and other general corporate purposes.
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Liquidity Group Announces $775 Million in Capital Commitments led by Apollo and MUFG
April 6, 2022The commitments, which are subject to satisfaction of certain conditions, will include $425 million from Apollo Funds for a credit facility to help Liquidity scale its lending activity for late-stage technology companies, $300 million from MUFG Bank (NYSE: MUFG), for a debt fund JV named Mars Growth Capital, investing in future unicorn companies, as well as a $50 million SAFE note investment by Apollo Funds, MUFG Innovation Partners and Spark Capital.
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Ares Capital Corporation Increases and Extends Its Revolving Credit Facility
April 6, 2022Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that it has increased commitments under its Revolving Credit Facility (the “Facility”) to approximately $4.8 billion and extended the final maturity date to March 31, 2027. The Facility is led by JP Morgan, Bank of America, Truist, MUFG Bank, Sumitomo Mitsui Banking Corporation and Wells Fargo and includes a total of 39 lenders.
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Tangelo Announces a New USD$150 Million Warehouse Credit Facility with HSBC
April 6, 2022Tangelo, a leading financial technology company in Latin America specializing in alternative credit, announced the closing of its credit facility for $3 billion Mexican pesos (around $150 million US dollars) with HSBC.
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