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  • Trican Well Service Ltd. Amends and Extends Revolving Credit Facility
    December 6, 2021
    The Amended RCF continues to be led by The Bank of Nova Scotia acting as lead arranger, sole bookrunner and administrative agent and is comprised of five banks - all of which were participants in the previous facility. Trican will pay customary fees and expenses at prevailing market rates to the lending syndicate as a condition of this amendment.
  • Vmo Aircraft Leasing Announces Closing of $600 Million Warehouse Credit Facility
    December 6, 2021
    Credit Suisse Securities (USA) LLC and Natixis Corporate and Investment Bank acted as co-structuring agents and joint lead arrangers. The initial syndicate of lenders also includes Wells Fargo Bank, MUFG, and Credit Agricole.
  • Mark Allen Smith Joins White Oak Commercial Finance as Managing Director in the Midwest
    December 6, 2021
    White Oak Commercial Finance ("White Oak"), an affiliate of White Oak Global Advisors, is pleased to welcome Mark Allen Smith as Managing Director of Originations with responsibilities spanning the Midwest, Central United States and Canada. He will be based in Chicago reporting to Vice Chairman Andy McGhee.
  • Regions Bank Closes on its Acquisition of Sabal Capital Partners
    December 6, 2021
    Regions Bank on Thursday announced it has completed its acquisition of Sabal Capital Partners, LLC, a diversified financial services firm that leverages an innovative, technology-driven origination and servicing platform to facilitate off-balance-sheet lending in the small balance commercial real estate market.
  • H2O Innovation Announces Closing of a $55 M Credit Facility with National Bank of Canada
    December 6, 2021
    H2O Innovation Inc. (“H2O Innovation” or the “Corporation”) is proud to announce that it has entered into an agreement with National Bank of Canada to increase its revolving credit facility to $55M. In addition, the term of this facility has been extended to December 1, 2024.
  • Amerisource Closes $500,000 Credit Facility for Manufacturer
    December 6, 2021
    Amerisource Business Capital announced the closing and funding of a $500,000 senior credit facility for a Texas-based filtration unit manufacturer. The proceeds were used to fund working capital and significant projected growth.
  • Transom Capital Acquires Wolters Kluwer U.S. Legal Education Business
    December 6, 2021
    Transom Capital Group (“Transom”), a leading operations-focused middle market private equity firm, today announced it has acquired Wolters Kluwer’s Legal & Regulatory U.S. Legal Education business, and the business has been renamed to Aspen Publishing (“Aspen” or the “Company”), a premium brand in legal education content and digital learning solutions providing students with a comprehensive suite of tools across the educational journey.
  • Streamline Innovations Announces Sustainability-Linked Loan Financing with Riverstone Credit Partners to Fund Growth and Meet Increasing Demand
    December 6, 2021
    Streamline Innovations, Inc. (“Streamline”), the leader in environmentally-advanced treatment solutions for hydrogen sulfide (H2S), announced today that it closed on a Senior Secured Term Loan (the “Financing”) on November 23, 2021. The Financing is a Delayed Draw Term Loan and is structured as a Sustainability-Linked Loan to facilitate and support environmentally sustainable economic activity and growth.
  • Amerisource Closes $6,000,000 Credit Facility for Energy Infrastructure Firm
    December 6, 2021
    Amerisource Business Capital announced the closing and funding of a $6,000,000 senior credit facility for a Texas based energy infrastructure firm. The proceeds were used to support the company’s expected growth.
  • City National Bank Chairman Russell Goldsmith to Retire
    December 6, 2021
    City National Bank announced today that Russell Goldsmith, chairman of City National Bank and RBC Wealth Management U.S., will retire on January 31, 2022. Goldsmith served 43 years on the City National Board of Directors, 26 years as chairman of the bank and 23 years as its CEO.
  • Bridge Bank Provides $6 Million Venture Debt Term Loan to Mixlab, a Pet Pharmacy Platform
    December 6, 2021
    ridge Bank today announced that its Boston-based Technology Banking Group has issued a venture debt term loan of $6 million to Mixlab, the modern pet pharmacy that partners with veterinarians to deliver the highest level of care at home.
  • November 2021 New Bankruptcy Filings Decline
    December 6, 2021
    Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its November 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Overall, November new filings were down with 29,325 across all chapters, down 5.6% from October 2021 which had 31,053 new filings. Total commercial filings across all chapters were 1,563, down 10.3% over October 2021, which had 1,743 new filings.
  • CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio
    December 2, 2021
    CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business led the refinancing of a $69 million portfolio of solar facilities owned and operated by Strata Clean Energy LLC, a leading integrated solar and storage energy service provider based in North Carolina.
  • Talen Energy Supply Secures $788 Million Financing Commitment Led by GoldenTree Asset Management and Silver Point Finance
    December 2, 2021
    Talen Energy Corporation ("Talen") and its wholly-owned subsidiary Talen Energy Supply LLC ("TES") announced today that TES has obtained a financing commitment led by GoldenTree Asset Management LP and Silver Point Finance, LLC for a new first lien facility in the aggregate amount of $788 million maturing September 2024.
  • TriState Capital Holdings, Inc. Board of Directors to Name James Getz Executive Chairman and Appoint Brian Fetterolf to Serve as President and CEO
    December 2, 2021
    The Board of Directors of TriState Capital Holdings, Inc. (Nasdaq: TSC) announced its decision to name James F. Getz executive chairman and appoint Brian S. Fetterolf to serve as the company’s president and chief executive officer, effective January 1, 2022. Mr. Getz has served as chairman, president and CEO of TriState Capital since he founded the company in 2007.
  • BOK Financial CEO Steve Bradshaw to Retire at End of 2021
    December 2, 2021
    BOK Financial CEO and President Steven G. Bradshaw will retire as of Dec. 31, 2021. Chief Operating Officer Stacy Kymes, who was previously announced as the incoming president and CEO, will assume the company’s leadership role as of Jan. 1, 2022.
  • Alvarez & Marsal Enhances its Digital and Technology Services Practice Capabilities
    December 2, 2021
    Leading global professional services firm Alvarez & Marsal (A&M) has appointed Devang Shah as Senior Director in the Digital and Technology Services practice within its Corporate Performance Improvement (CPI) group. Mr. Shah’s hire advances A&M’s digital and technology bench strength for helping clients maximize value amidst post-pandemic and constrained labor market challenges.
  • SLR Investment Corp. and SLR Senior Investment Corp. Announce Entry into Merger Agreement
    December 2, 2021
    SLR Investment Corp. (NASDAQ: SLRC) (“SLRC”) and SLR Senior Investment Corp. (NASDAQ: SUNS) (“SUNS”) today announced that they have entered into an agreement to merge together, with SLRC as the surviving company, subject to stockholder approval and customary closing conditions. The Boards of Directors of both SLRC and SUNS, on the recommendation of their special committees consisting only of the independent directors, have unanimously approved the transaction.
  • Diamond Estates Wines & Spirits Announces New BMO Credit Facility
    December 2, 2021
    Diamond Estates Wines & Spirits Inc. today announces it has entered into a Second Amended and Restated Credit Agreement (“SARCA”) with Bank of Montreal (“BMO”). The SARCA folds in the previous BMO facility of the Equity Wine Group and its subsidiaries (collectively “EWG”) with the Company’s existing BMO credit facility.
  • Bridge Bank Provides Strategic Funding to ShipHawk
    December 2, 2021
    Bridge Bank today announced its Technology Banking Group has provided strategic funding to ShipHawk, which provides advanced fulfillment software with expert guidance for high-volume retail, wholesale and e-commerce companies. The funding commitment includes venture debt and a recurring revenue line of credit. ShipHawk plans to use the funding to continue development of its packing and shipping platform as well as new product innovations as demand grows for shipping services.
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