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  • 2021 Canada's Most Admired Corporate Cultures™ and Canada's Most Admired CEO™ Winners Announced
    November 29, 2021
    Waterstone Human Capital, Canada's leading cultural talent management firm, has announced the 2021 winners of the Canada's Most Admired Corporate Cultures™ and Canada's Most Admired CEO™ program. This national program recognizes best-in-class Canadian organizations and CEOs for fostering high performance corporate cultures that help sustain a competitive advantage. Mitsubishi HC Capital Canada (Trois-Rivieres, QC) won under the Canada's Most Admired™ Corporate Cultures of 2021 – Growth category.
  • KBR Enhances its Capital Structure and Financing Flexibility
    November 29, 2021
    KBR (NYSE: KBR) announced today that on November 18, 2021, the company successfully closed the fifth amendment to its credit agreement dated April 25, 2018, as previously amended. Following a strategic shift in the company's business mix, consistent performance against long-term financial targets, improvement in corporate credit ratings, and the continued resolution of legacy matters, the amendment measurably improves the company's flexibility and reduces its debt service cost.
  • CIT Serves as Coordinating Lead Arranger for $210 Million Financing for Brazoria West Solar Project in Texas
    November 29, 2021
    CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, Texas. Located in the Greater Houston power market Brazoria West Solar Project is a utility-scale solar project with 260 megawatts of direct current generation capacity. Construction is underway, with commercial operation planned for 2022.
  • Gordon Brothers and J.P. Morgan Provide Myer $215M Asset-Based Lending Facility
    November 29, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, and J.P. Morgan have agreed to provide Myer a A$215 million, four-year asset-based lending facility to refinance its existing credit facilities, support strategic initiatives and provide day-to-day liquidity.
  • Assure Announces Amendment to Credit Facility to Allow Funding of Second Tranche of the Senior Term Loan for Working Capital Purposes, Increasing Access to Previously Restricted Line of Credit
    November 29, 2021
    Assure Holdings Corp. is pleased to announce that it has entered into an amending agreement dated March 8, 2021, with Centurion Financial Trust, an investment trust managed by Centurion Asset Management Inc. in respect of the Company’s $11,000,000 credit facility with Centurion comprised of a $9,000,000 senior term loan, funded in two tranches of $6,000,000 and $3,000,000, and a $2,000,000 senior revolving loan.
  • Hercules Capital Surpasses $2.0 Billion in Annual Gross Debt and Equity Commitments for First Time in History
    November 29, 2021
    Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it, together with external funds managed by its adviser subsidiary, have originated more than a record $2.0 billion year-to-date in annual total gross debt and equity commitments, breaking its previous one-year record of $1.47 billion.
  • eCapital Corp. Names Kash Ahmad as Managing Director of New Staffing Division
    November 29, 2021
    eCapital Corp. (“eCapital”), a leading alternative finance provider in North America, has named Kash Ahmad as Managing Director to oversee eCapital’s newly formed Staffing Division. He will report to Dave Ciccolo, the CEO of eCapital’s Commercial Finance Division, and will lead the account management and operations teams to support the growth of the company’s staffing business.
  • Matrix Announces the Successful Sale of Rusher Oil Company and Rushco Food Stores, Inc.
    November 29, 2021
    Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, announces the successful closing on the sale of the assets of Rusher Oil Company and Rushco Food Stores, Inc. to Sampson-Bladen Oil Co., Inc. and its affiliates. Rusher Oil Company distributed Amoco and BP fuels to 19 branded convenience stores and one commissioned marketer location within a 20-mile radius of its Salisbury, North Carolina headquarters.
  • Stran & Company Enters Into $7 Million Revolving Line of Credit with Salem Five Bank
    November 29, 2021
    Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: STRN; STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it has entered into an agreement with Salem Five Bank, providing the Company with a secured revolving line of credit with a principal amount of up to $7 million.
  • Aemetis Signs Terms of $100 million of Construction and Working Capital Debt Financing
    November 29, 2021
    Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that it has signed a non-binding term sheet and is working towards completing $100 million of new debt financing from Third Eye Capital of Toronto, Canada. The debt financing is expected to be comprised of $50 million for carbon reduction projects and $50 million for working capital.
  • ImagineSoftware™ Announces Strategic Growth Investment from Marlin Equity Partners
    November 29, 2021
    The partnership with Marlin will focus on further accelerating Imagine's growth trajectory and expanding the company's talent and technology capabilities to continue to efficiently serve the needs of the marketplace and its customers. Post-transaction, Imagine's current investment partner, Mountaingate Capital ("Mountaingate") is exiting the company.
  • Antares Supports Investment in CFGI by CVC Capital Partners Fund VIII
    November 29, 2021
    Antares announced today that it is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle (NASDAQ: CG), co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI.
  • BOK Financial Announces Changes Within Credit, Regional Banking leadership
    November 29, 2021
    Marc Maun has been named Regional Banking executive for Arizona, Colorado, Kansas, Missouri, New Mexico and Oklahoma, and will have responsibilities for Treasury Management as well. Norm Bagwell will continue to serve as chairman and chief executive officer for Bank of Texas, leading Commercial Banking across the footprint as well as the company’s growth efforts in Texas and Arkansas. Jim Dietz will replace Maun as the company’s chief credit officer.
  • Hedaya Capital is Pleased to Announce a Factoring Facility for a Canadian Oil and Gas Pipeline Services Company Projecting CAD $20,000,000 in Revenue for 2022
    November 29, 2021
    Hedaya Capital is pleased to announce a factoring facility for a Canadian oil and gas pipeline services company projecting CAD $20,000,000 in revenue for 2022. The $2,000,000 facility allows for advances of up to 80% against accounts receivable.
  • Tradecycle Capital Expands Into the Southeast Region of the US
    November 29, 2021
    Based in Atlanta, Dennis will be expanding Tradecycle’s relationships with senior lenders and private equity sponsors to deliver Tradecycle’s unique trade payables financing program to operating companies throughout the region.
  • Samuel Announces Closing of its Sustainability-Linked Revolving Credit Facility
    November 23, 2021
    Samuel, Son & Co., Limited, a leading metals distributor and industrial products manufacturer, announced today that it has entered into its first sustainability-linked revolving credit facility agreement. This amendment to the company's bank credit facility underlines the confidence its lending partners share in Samuel's financial and sustainable performance.
  • Blackhawk Growth Enters into Credit Facility for up to $10 Million
    November 23, 2021
    The loan facility was arranged by RiverFort Global Capital Ltd. (a United Kingdom London-based firm regulated by the Financial Conduct Authority) (“RiverFort”) and funded by a regulated institutional investor (the “Investor”). The Corporation intends to utilize the proceeds from the Credit Facility to support the Corporation’s research undertaken in Trip Pharma as well as for operational and working capital purposes of Blackhawk.
  • Dudick Joins Provident Bank As VP, Relationship Manager
    November 23, 2021
    Provident Bank, a leading New Jersey-based financial institution has announced that Jessica Dudick has joined the Bank as Vice President, Relationship Manager with the Central New Jersey Commercial Lending Team.
  • Brevet Capital Names Brian Chase As Chief Operating Officer
    November 23, 2021
    Brevet Capital ("Brevet"), a leading credit investment and specialty finance firm with a dedicated focus on the government sector, today announced Brian Chase, former Founding Partner, Chief Operating Officer and Chief Financial Officer of Garrison Investment Group, has joined the firm as Chief Operating Officer. I
  • Ares Management Leads $400 Million Credit Facility to CrossCountry Mortgage
    November 23, 2021
    Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the “Company”). Caisse de dépôt et placement du Québec (“CDPQ”), a global investment group, also participated in the financing through a wholly owned subsidiary as part of its Capital Solutions investment strategy.
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