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  • First Horizon Corporation Names Hope Dmuchowski As Chief Financial Officer
    November 10, 2021
    First Horizon Corporation (NYSE: FHN or the "Company") today announced the appointment of Hope Dmuchowski as Senior Executive Vice President and Chief Financial Officer. She will serve on the Company's Executive Management Committee and report to President and Chief Executive Officer Bryan Jordan.
  • Elis Signs its first €900 Million Sustainability-Linked Revolving Credit Facility
    November 9, 2021
    Elis, an international multi-service provider, offering textile, hygiene, and facility services solutions, which is present in Europe and Latin America, today announces that it has successfully signed a new €900 million syndicated Revolving Credit Facility (the “RCF”) with a group of 13 core relationship banks.
  • Mexico's Cemex Says Closed $3.25 Billion Syndicated Credit Agreement
    November 9, 2021
    The new credit agreement consists of a $1.5 billion five-year amortizing term loans and a $1.75 billion five-year committed revolving credit facility, the company said in a statement.
  • Oxford Finance Closes $20 Million Credit Facility with PlateletBio
    November 9, 2021
    Oxford Finance LLC ("Oxford"), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $20 million senior secured term loan with PlateletBio (or "the Company"), a preclinical-stage biotechnology company pioneering an entirely new platform of allogeneic cell therapies based on platelet biology.
  • TAB Bank Provides Transportation Company in Michigan with a $2 Million Asset-Based Credit Facility
    November 9, 2021
    TAB Bank is pleased to announce it has provided a transportation company in Michigan with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
  • Iron Horse Credit Closes a $3 Million Inventory Line of Credit to a Safety Product Distributor
    November 9, 2021
    Experiencing exponential growth prior and throughout the ever-changing environment arising from the pandemic, the client was in need of working capital from a lender that could facilitate its rapid growth. The client was introduced to Iron Horse Credit by a long-standing referral partner who trusted IHC’s ability to execute complex inventory-only facilities.
  • Concord Serves as Exclusive Financial Advisor and Arranges $6MM Real Estate Loan in 35 Days
    November 9, 2021
    Concord Financial Advisors, LLC announced it served as exclusive financial advisor and arranger of a $6 million real estate mortgage for a real estate developer in the Midwestern United States.
  • TD Bank Ranks No. 1 in SBA Lending for Fifth Straight Year in Maine-to-Florida Footprint
    November 9, 2021
    TD Bank, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the fifth consecutive year in total number of approved U.S. Small Business Administration (SBA) loan units in its Maine-to-Florida footprint for the SBA's 2021 fiscal year. TD supported more than 1,400 businesses through two SBA lending products: 7(a) and 504 loans.
  • Phoenix Management Services Assists a Midwest-Based Metal Coatings Provider in Obtaining $2.75 Million Refinancing
    November 9, 2021
    Phoenix Management Services® (“Phoenix Management”), a leading provider of operationally focused solutions, acted as the financial advisor to a mid-west manufacturing metal coatings provider (the “Company”) in arranging, structuring, and negotiating a $2.75 million loan package with Rosenthal & Rosenthal, Inc., a leading factoring, asset-based lending and purchase order financing firm.
  • Pathlight Capital Closes Second ABL Credit Fund with $1.16 Billion of Commitments
    November 9, 2021
    Pathlight Capital LP ("Pathlight") announced today the final closing of its sophomore funds, Pathlight Capital Fund II LP and Pathlight Capital Offshore Fund II, LP (together, the "Fund"), with $1.16 billion of capital commitments. The Fund was oversubscribed, closing above its original fundraising target of $750 million to $1 billion. Wilmer Cutler Pickering Hale and Dorr LLP provided legal counsel.
  • Nicholas Financial Enters into a New $175 Million Senior Secured Credit Facility
    November 8, 2021
    Nicholas Financial, Inc. (NASDAQ: NICK) – an industry leading branch-based subprime auto lender focused on servicing the needs of the local independent dealer – announced that on November 5, 2021 the company entered into a senior secured credit facility pursuant to a loan and security agreement with Wells Fargo Bank, N.A., as agent, and the lenders that are party thereto.
  • CIT Arranges Up to $58 Million to Refinance Four Container Ships
    November 8, 2021
    CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business arranged to provide up to $58 million to refinance four container ships operated by Leonhardt & Blumberg.
  • DCM Announces Credit Facility Refinancing, Expected to Deliver $1.5 million of Interest Expense Savings in 2022
    November 8, 2021
    -DATA Communications Management Corp. (TSX: DCM) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, is pleased to announce the refinancing of certain of its credit facilities. The proceeds from new term loans will be used to repay a portion of the Company’s outstanding indebtedness.
  • EMERGE Announces Refinancing of Term Loan and Upsizing of Credit Facility to $25 Million
    November 8, 2021
    EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a diversified, rapidly growing acquirer and operator of niche e-commerce brands, is pleased to announce the refinancing of its $8 million term loan, and upsizing of its credit facility providing for a total facility limit of $25 million (the "Facility") with primary use of funds expected to be future acquisition financing.
  • Lakeland Bancorp, Inc. and 1st Constitution Bancorp Announce the Receipt of FDIC and New Jersey Approvals in Connection with Proposed Merger
    November 8, 2021
    Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Constitution Bancorp (“1st Constitution”) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, announced today the receipt of Federal Deposit Insurance Corporation and New Jersey Department of Banking and Insurance approval in connection with the proposed merger of 1st Constitution with and into Lakeland.
  • First Internet Bank Expands Arizona Commercial Banking Team
    November 8, 2021
    irst Internet Bank announced the hiring of Vice President of Commercial Banking, Ryan Hasher. Mr. Hasher joins First Internet Bank’s Arizona-based commercial banking team, reporting to Regional Vice President Neil Barna.
  • FTI Consulting Commits to Net-Zero Greenhouse Gas Emissions by 2030
    November 8, 2021
    The Company will identify emission reduction targets for Scope 1 and Scope 2 emissions, as well as business travel, in 2022 and intends to work toward having these goals validated by the Science Based Targets initiative (“SBTi”). The commitment was made as part of FTI Consulting’s inaugural Corporate Sustainability Report, which explains the Company’s approach to its environmental, social and governance (“ESG”) risks and opportunities, programs, policies, practices and goals.
  • GeminiBio Secures Financing from BroadOak Capital Partners
    November 8, 2021
    Gemini Bioproducts, LLC ("GeminiBio"), a leading manufacturer of cell culture products and custom cGMP bioprocess liquids, announced today that it has secured financing from BroadOak Capital Partners, LLC ("BroadOak"), a boutique direct investment and advisory firm focused on life science research tools and diagnostics. The transaction with BroadOak provides GeminiBio additional capital to expand its cGMP liquid manufacturing facility.
  • Amerisource Closes $10,000,000 Credit Facility for Water Services Firm
    November 8, 2021
    Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.
  • BHI Commercial and Industrial Group Closes $1.1 Billion in 2021 Financing Transactions
    November 8, 2021
    BHI, a full-service commercial bank, announced that its Commercial and Industrial Group has closed $1.1 billion in transactions year-to-date 2021. BHI’s C&I Group handles financing for commercial and industrial companies in the middle market and encompasses sectors including private equity, food and beverage, Israeli business, technology, corporate banking, and project finance renewable energy across the bank’s markets in New York, New Jersey, Florida and California.
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