TELA Bio, Inc. ("TELA") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, today announced that the Company has entered into a new credit facility with MidCap Financial (“MidCap”), providing TELA with access to up to $50 million in total credit.

Today, Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), announced that an order confirming its Plan of Reorganization (the “Plan”) was entered by the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), paving way to the implementation of the Plan and the final stage in the Chapter 11 process. Paddock is represented in the Chapter 11 case by Latham & Watkins LLP and Richards, Layton & Finger, PA, and O-I Glass is represented by Morris Nichols Arsht & Tunnell LLP.

Lincoln Financial Group (NYSE: LNC) today announced that Ellen G. Cooper has assumed the role of president and chief executive officer (CEO) and has become a member of Lincoln National Corporation’s board of directors. Cooper was named CEO-elect in August 2021 after 10 years as a Lincoln executive, serving most recently as executive vice president, chief investment officer, head of Enterprise Risk and the Annuity Solutions group, and a member of the Lincoln Financial Foundation board.

Stellus Capital Management, LLC (“Stellus”), a leader in middle market direct lending, announced today that its affiliates provided senior debt financing and an equity co-investment to support the acquisition of Critical Mention, Inc. (“Critical Mention”) by Onclusive (the “Company”), a portfolio company of Symphony Technology Group (“STG”).

Celtic Capital Corporation is pleased to announce that Anthony Gomez has joined the firm as senior vice president-client development for the Pacific Northwest. He has been in commercial banking and part of the region’s business community for over a decade.

Macquarie Capital and Stifel acted as financial advisors and provided committed financing, and McDermott Will & Emery LLP provided legal advice, to H.I.G. Capital. Harris Williams and Evercore acted as financial advisors, and Dechert LLP acted as legal counsel, to the Company on the transaction.

Leading global professional services firm Alvarez & Marsal (A&M) has appointed John Scerbo as a Managing Director, with the firm’s Private Equity Performance Improvement (PEPI) group. Concurrently, A&M is establishing Fund Management Solutions, led by Mr. Scerbo, as a new offering under its CFO Services practice. Fund Management Solutions will help private equity (PE) clients address the increasing requirements and complexities fund managers face resulting from explosive PE activity, expanding regulatory requirements and greater demands from investors

The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Karen Larrimer, head of Retail Banking and chief customer officer, has elected to retire after more than 27 years of service and leadership to the bank. Larrimer will remain as the bank's chief customer officer through 2022, as she transitions out of her role as head of Retail Banking, effective July 1.

LSQ, a leading provider of working capital finance and payments solutions, announces the acquisition of Qwil, a San Francisco-based fintech company that provides early payments to staffing firms. Founded in 2015 by Johnny Reinsch, Paul Tiplady and Trevor Branon, Qwil provides the contingent staffing market with financial tools and solutions. The company's marquee service is an embedded finance product offering early payments to staffing firms which helps them have liquidity up to 180 days before they’re paid by their clients.

Bank of America, N.A. is the Joint Lead Arranger, Joint Bookrunner and Administrative Agent for the 35-bank syndicate participating in the Credit Facility. Bank OZK; Citibank N.A.; MUFG Bank, Ltd.; NYCB Specialty Finance Company, LLC; PNC Bank, N.A.; Regions Bank; Royal Bank of Canada; Wells Fargo Bank, National Association acted as Joint Lead Arrangers and Joint Bookrunners. Truist Bank, N.A. acted as Joint Bookrunner.

Debt Refinancing Highlights: Established 5-year $3.25 billion senior secured credit facility consisting of a $1.5 billion revolving credit facility and $1.75 billion term loan Retired $1.0 billion revolving credit facility and $0.9 billion term loan

An affiliate of Shadowbriar Capital Partners, LLC ("Shadowbriar") is pleased to announce the acquisition of Benada Aluminum Products, LLC ("Benada" or the "Company") from Big Shoulders Capital ("Big Shoulders") and ABGB Capital, LLC ("ABGB"). White Oak Global Advisors, LLC and its financing affiliate, White Oak Commercial Finance, LLC, provided the debt financing for the transaction.

J.P. Morgan Asset Management today announced that it has hired Carissa Biggie as Managing Director and Global Head of Broker Relationship Management Ms. Biggie will be based in New York and reports to Kristian West, Head of the firm's Investment Platform team, which is focused on building and managing best in class capabilities, maximizing return on investment and leveraging the scale of J.P. Morgan to deliver exceptional outcomes to clients.

-D.A. Davidson welcomes four seasoned bankers focused on senior living and structured housing to its Fixed Income Capital Markets Group, a nationally recognized team of capital markets professionals consistently ranked among the top leaders in fixed income financing. Richard (Rick) Lohr joins the firm as managing director and head of Senior Living and Structured Housing, Amy Hayman and Romy McCarthy come on board as managing directors and Ogieva Guobadia, CFA joins as senior vice president.

eCapital Corp. ("eCapital" or "the Company"), a leading finance provider across North America and the U.K., today announced the appointment of Mark Wilson as chief technology officer. As part of the executive leadership team, he will be responsible for advancing all platforms and improving infrastructure to execute the company’s technical vision and facilitate its ability to scale.

Kian Capital Partners, a middle-market focused private investment firm, is pleased to announce the addition of three new team members to support the firm’s continued growth. Thomas Bullock and Doyle Silvia join the firm as Associates, and Mikaela Palma as Senior Accountant.

Comerica Incorporated (NYSE: CMA) announced that Dave Galbreath has been named its Florida Market President, replacing David Kunik, who has decided to step down so he can focus more directly on managing the market's retail operations.

BMO Financial Group announced today a commercial banking office in Grand Rapids, Michigan, led by BMO's Michigan Managing Director, James Hess. Located at 250 Monroe Ave., it is comprised of five commercial bankers focused on diversified industries, equipment finance and treasury & payment solutions, all supported by BMO's national industry sector expertise.

SSG Capital Advisors, LLC (“SSG”) acted as the investment banker to Listen Technologies Corporation (“Listen” or the “Company”) in the placement of a financing package, which enabled Listen to refinance existing indebtedness and will provide additional capital for growth. The transaction closed in May 2022.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $1.5MM revolving A/R and inventory facility to a gourmet confectionary Company with a domestic & international presence. Proceeds from AFS’ revolver will provide new funds for ongoing working capital support, which will allow the company to grow inventory supply to meet their seasonal demands.