Scout Clean Energy ("Scout"), a Colorado based renewable energy developer, owner, and operator, is pleased to announce the closing of a $250 million revolving corporate credit facility ("facility"). The facility will primarily be used to fund pre-construction development and equipment expenses, PPA security requirements and other corporate expenses for Scout's rapidly growing pipeline of wind, solar and storage projects. Scout is a portfolio company of Quinbrook Infrastructure Partners.

DailyPay, a leading technology platform, today announced it has secured a $300 million revolving credit facility from Barclays. The revolving credit facility will provide DailyPay access to significant capital to service its ever-growing roster of partners, which includes America's leading employers.

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced that its Strategic Direct Lending team has provided a $50mm credit facility to Cherry Technologies (“Cherry”) which enables medical practices to offer flexible payment plans to their patients. Additionally, Cross River will originate the loans through its comprehensive banking and technology platform, enabling Cherry to deliver greater and more efficient access to credit for patients nationwide.

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a leader in enterprise-level digital engineering services and solutions, today announced that it has obtained a new revolving line of credit facility with J.P. Morgan Chase Bank. The credit facility is up to an amount of $30 million for a period of three years.

From the first quarter Phoenix Management “Lending Climate in America” survey results reveals the majority of lenders anticipate geopolitical tension and an increase in interest rates to be the biggest economic headwind in 2022 Phoenix’s Q1 2022 “Lending Climate in America” survey asked lenders what the biggest headwind will be for 2022. Fifty percent of the lenders surveyed believe geopolitical tension will be the biggest headwind, while the other 50% of lenders believe higher interest rates will be the biggest headwind for 2022. Zero percent of lenders cited higher corporate taxes or the Omicron COVID-19 variant to be an economic headwind for 2022.

Schulte Roth & Zabel represented CarVal Investors L.P. in AllianceBernstein L.P. and AllianceBernstein Holding L.P.’s acquisition of CarVal. CarVal, a leading global private alternatives investment manager with approximately $14.3 billion in assets under management, brings complementary private markets capabilities to AB’s Private Alternatives business and augments the firm’s position as a market leader.

Demand from across the theater and professional AV industries drove strong results in Tiger Group’s February 22 auction of equipment from Pacific Theatres. The movie chain, formerly one of North America’s largest, filed for Chapter 7 bankruptcy in March 2020 in the wake of Covid-19 lockdowns. Tiger’s globally marketed online auction featured 297 lots of equipment, including projectors, a state-of-the-art LED screen, cinema monitors, servers, amplifiers, media blocks and even popcorn makers, all from an initial group of closed Pacific Theatres locations.

Businesses are investing in technology to expand online operations and facilitate remote work during the pandemic. But many of those same businesses are also eager to see their employees return to the workplace in greater numbers over the long term. Those are among the findings of a new survey of small and midsized business leaders conducted by The Harris Poll1 and sponsored by CIT, a division of First Citizens Bank.

Huntington Bancshares, Inc. (Nasdaq: HBAN) announced today that Brant J. Standridge will join Huntington as President of Consumer & Business Banking, effective in early April 2022. In this role, Standridge will have responsibility for Huntington's branch network, business banking, mortgage and home lending, and Huntington Financial Advisors, as well as the segment's digital strategies and priorities, along with risk management.

ArentFox Schiff is pleased to announce the expansion of its Corporate & Securities practice with the addition of counsel Gabriela E. Palmieri. After serving nearly a decade as the exclusive New York general counsel to a global, ultra-high-net worth family office and their US private companies, Gabriela will counsel clients on complex joint venture, private equity, venture capital, and real estate investments, as well as on the corporate governance of private companies.

Castlelake L.P. ("Castlelake"), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group Limited (TSX: CHW), a specialty finance company with 40 years of experience in the commercial equipment finance market, today announced an agreement for the forward purchase of diversified equipment loan and lease receivables originated by Chesswood subsidiaries Pawnee Leasing Corporation and Tandem Finance Inc.

Versana today announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market. Versana's founding members are J.P. Morgan, Bank of America, Citi and Credit Suisse.

SLR Credit Solutions announces the promotions of Michael Russell, managing director; Matthew Dunn, vice president and Jimmy Andreoli, assistant vice president.

Eastern Bank is pleased to announce Work ‘N Gear as a new asset based lending customer. Founded in 2002 and headquartered in Quincy, MA, Work ‘N Gear is an American retail company that focuses on selling various kinds of work apparel, footwear and healthcare apparel. According to Work ‘N Gear, it is the largest U.S. retailer specializing in work and healthcare apparel, with 39 retail locations throughout the Northeast and Midwest.

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial real estate finance company, announced today it led a $30 million senior secured credit facility to a private, vertically integrated, single-state cannabis operator in Florida. At closing, Chicago Atlantic funded $17.5 million of its total $22.5 million commitment.

National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $100.0 million senior secured warehouse line of credit. The upsize includes an accordion to expand to $125.0 million, which was provided by a prominent U.S.-based commercial bank. The facility will continue to be used by the Company to fund new originations and support additional platform growth.

Anvil Channel Energy Solutions has announced the final close of a USD$51.35 million senior secured term loan facility to ROK Resources, Inc., supporting the acquisition of producing oil and gas assets, primarily in Saskatchewan and Alberta, Canada from Federated Co-operatives Limited. Total consideration paid for the acquisition was approximately CAD$72 million; Anvil’s loan facility was sized at USD-equivalent to CAD$65 million.

Bay View Funding, a subsidiary of Heritage Bank of Commerce, (“the Bank”), announces the appointment of Norman Brame as Senior Vice President, Regional Sales Manager. He will focus on originating new factoring business in Virginia, Tennessee, North and South Carolina, and surrounding Southeast markets.

Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies ("Accord") (TSX: ACD) announced the hiring of Michael Wun as VP, IT. In this role, he will implement leading-edge technology providing greater efficiency for both clients and employees across Accord's suite of tailored financial solutions.

Mitsubishi UFJ Financial Group (MUFG) today announced that Yezdan Badrakhan will be joining the firm as Managing Director and Head of U.S. Esoteric Asset Backed Securities (ABS). Based in New York, Mr. Badrakhan will report to Tricia Hazelwood, International Head of Securitized Products.