CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC.

Audax Private Debt announced that, as Administrative Agent and Sole Arranger, it provided a unitranche credit facility to support the acquisition of PracticeTek (or the “Company”) by investment funds affiliated with Lightyear Capital, a New York-based private equity firm focused on financial services.

Commercial Credit, Inc. (CCI), a Charlotte-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., announced today that it has acquired Keystone Equipment Finance Corp. Terms of the transaction were not disclosed.

MCAP Acquisition Corporation (“MCAP”) (Nasdaq: MACQ), a special purpose acquisition company sponsored by an affiliate of Monroe Capital LLC (“Monroe Capital”), today announced the completion of its business combination (the “Business Combination”) with AdTheorent Holding Company, LLC (“AdTheorent” or the “Company”), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers.

Simmons Bank (Simmons) announced today the creation of a new Corporate Banking Division. This new unit will provide Simmons Bank the ability to consolidate specialized lines of business loans aligning commercial and equipment finance, government and institutional banking, mortgage warehouse lending, commercial deposits, asset-based lending and structured real estate finance into a dedicated division.

Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021.

FirstDigital Telecom ("FirstDigital" or "the Company"), a leading fiber-based carrier in the western United States, today announced that it has raise debt financing from a group of leading investors ("the lenders"), including AllianceBernstein, Deutsche Bank, Guggenheim and Webster Bank.

Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), a late-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, today announced that it has obtained a $225 million term loan facility from funds managed by SLR Capital Partners (“SLR”).

P10, Inc. (NYSE: PX), a leading private markets solutions provider, today announced that it and certain of its subsidiaries, as guarantors, have entered into a $250 million credit facility with a syndicate of banks led by JPMorgan Chase Bank, N.A. and Texas Capital Bank.

On December 31, 2021 the New York State Department of Financial Services (“DFS”) announced that as final regulations have yet to be adopted by the DFS providing regulatory guidance regarding the standardized disclosures about the terms of credit to be provided under the State’s Commercial Finance Disclosure Law (“CDFL”) all obligations under the CDFL (which became effective on January 1, 2022) will not go into effect until the DFS has issued final regulations and these regulations take effect.

Harte Hanks, Inc. (HHS) (the "Company"), a leading global customer experience company, today announced that the company has obtained a new $25 million secured revolving line of credit with Texas Capital Bank. This new loan agreement will enhance the Company's strategic position and increase its financial flexibility.

The Financial Accounting Standards Board (FASB) today issued a proposed Accounting Standards Update (ASU) intended to help investors and other allocators of capital better consider the effect of supplier finance programs on a buyer’s working capital, liquidity, and cash flows. Stakeholders are encouraged to review and provide comment on the proposed ASU by March 21, 2022.

TI Consulting, Inc. (NYSE: FCN) today announced the appointment of Katy Quintanilla as a Managing Director in the Merger Integration and Carve-outs practice within the firm’s Corporate Finance & Restructuring segment.

Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Air Conditioning Innovative Solutions (“ACIS”), a provider of commercial HVAC and other building services, on its sale to Atlantic Street Capital. ACIS provides maintenance, repair and retrofit services for HVAC, plumbing and building controls systems to commercial properties across Texas. ACIS was a portfolio company of Caltius Equity Partners, a Los Angeles-based private equity firm. Caltius will retain an equity stake in ACIS.

Apollo Endosurgery, Inc. ("Apollo") (NASDAQ:APEN), a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, today announced that it has entered into a debt financing agreement with an affiliate of Innovatus Capital Partners, LLC ("Innovatus") to provide Apollo with up to $100 million in term loan financing.

Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce it has renewed its revolving credit facility and extended the maturity date for two years to January 15, 2025. The facility’s available borrowing amount remains at $25.0 million and all other major terms, including financial covenants, are unaffected by the renewal. As of today, the balance drawn on the revolving credit facility is $1.4 million, leaving $23.6 million available.

Nordstrom Inc. is consulting with AlixPartners to review options for its off-price Nordstrom Rack business, according to people with knowledge of the situation. The advisers are looking at potentially spinning off Nordstrom Rack into a separate company and whether that would entail two management teams and individual public reporting, said the people, who asked not to be identified because the matter is private.

The Company has arranged a US$10 million secured loan facility with Auramet which is expected to close on or before January 5, 2022. The loan is due April 5, 2022, and will carry an interest rate of 1% per month and has an arrangement fee of 2% of the loan amount and the issuing of 250,000 2-year warrants at a strike price of $3.94 per share on the closing date.

Goldman Sachs BDC, Inc. (NYSE: GSBD) today announced that Alex Chi and David Miller, co-heads of Goldman Sachs Asset Management Private Credit in the Americas, will become co-CEOs and co-Presidents of Goldman Sachs BDC, Inc., effective March 2022. After a 15-year career at Goldman Sachs, Brendan McGovern will retire from the firm in March.

Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces that it has advised Berger & Burrow Enterprises, Inc. d/b/a Dynamic Mobile Imaging (“Dynamic” or “DMI”), on its successful sale to True North Health Navigation LLC d/b/a DispatchHealth, the nation’s first comprehensive in-home medical care provider.