Pathlight Capital LP ("Pathlight" or "Pathlight Capital") today announced that it is serving as the Administrative Agent on a senior secured term loan facility for Second Avenue Capital Partners ("SACP" or the "Company"), a provider of senior secured asset-based loans to corporate borrowers in the US and Canada, focused primarily on middle market retail and consumer product businesses.

Talen Energy Corporation (“TEC,” “we” or “our”) (NASDAQ: TLN) announced today that Talen Energy Supply, LLC (“TES” or the “Company”), a direct wholly owned subsidiary of TEC, has (a) launched a $1.2 billion incremental Term Loan B financing (the “Term Financing”), (b) received commitments to upsize its existing $700 million revolving credit facility by $200 million to $900 million, (c) received commitments to upsize its existing $900 million stand-alone letter of credit facility (the “Stand-Alone L/C Facility”) by $200 million to $1.1 billion and (d) agreed to extend the maturity of the Stand-Alone L/C Facility from December 2026 to December 2027.

KindlyMD, Inc., a provider of integrated healthcare services and a Bitcoin treasury vehicle via its subsidiary Nakamoto Holdings, today announced that it has entered into an open credit facility with Two Prime Lending Limited the secured lending affiliate of Two Prime Inc., pursuant to which Naka SPV 2, LLC ("Naka 2") received a term loan from Two Prime in the principal amount of $203,017,500.

Arcos Dorados Holdings Inc. and its subsidiary Arcos Dorados B.V. (collectively, “Arcos Dorados” or the “Company”) have entered into a new $200 million syndicated revolving credit facility (“RCF”).

FGI Worldwide LLC (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Richard Mahtani as Managing Director, FGI Finance. Mr. Mahtani joins deal team leadership in partnering with FGI’s global business development and underwriting teams to source and execute new asset-based lending (ABL) transactions.

Republic Business Credit is proud to announce the promotion of Eric Dorner to Senior Vice President, Business Development Officer. Dorner's promotion underscores his commitment to honing his craft and building long-term relationships within the finance community. This promotion reflects Dorner’s dedication to understanding the needs of his clients and his key role in Republic’s growth.

Alpine Ridge Funding and David Fortner are thrilled to announce the successful closing of a $12 million factoring facility for a leading IT staffing company. This strategic financial solution will empower the company to expand its operations by taking on new contracts and growing existing ones, driving significant business growth.

The Hedaya Capital Group recently provided a $1,000,000 factoring facility to a Utah-based hand wear company for winter sports such as skiing and snowboarding. They design and manufacture a range of sport gloves and mittens, from high-end all-leather to fully synthetic with less insulation.

Frost Brown Todd (FBT) is pleased to announce that Sarah M. Naseman has joined the firm’s Houston office as a partner in the Commercial Finance practice group. Naseman brings a wealth of experience in debt and equity finance, with a particular focus on private credit and lower middle-market leveraged buyouts, further expanding the firm’s capabilities in support of financial institutions nationwide.

Commercial Finance Partners is proud to announce a record-breaking third quarter, closing a diverse mix of transactions across SBA, conventional, and factoring products. The team’s creativity and execution drove record revenue and growth, supporting clients and lending partners across multiple industries.

Pemberton Asset Management (“Pemberton”), one of the leading European private credit managers, announces the successful pricing of Indigo Credit Management IV DAC (“Indigo IV”), a €407.0m European collateralised loan obligation (“CLO”) transaction.

Pursuit Attractions and Hospitality, Inc. (“Pursuit”) (NYSE: PRSU), announced that it has amended its 2025 Credit Facility, dated January 3, 2025, to increase the borrowing capacity on its revolving credit facility by $100 million (to a total of $300 million) and extend the term by approximately nine months (to September 25, 2030).

Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced it has amended and expanded its existing revolving credit facility to $132 million, more than doubling the prior $58 million facility.

CVC Credit, the global credit management business of CVC, is pleased to announce the final close of its fourth European Direct Lending fund (“EUDL IV”) CVC has raised €10.4 billion1 to deploy across the European Direct Lending opportunity, representing a significant increase over CVC’s prior European Direct Lending funds, which raised €6.3 billion1 in 2022 and €1.3 billion1 in 2020.

RedRidge, a division of IMA Financial Group, today unveiled a new brand identity, completing a transition to IMA Diligence Services. The rebranding reflects IMA’s extensive capabilities in financial due diligence, lender diligence and transaction support, and reinforces its commitment to delivering enhanced advisory solutions and operational transparency for institutional clients nationwide.

EBSC Lending has arranged a $37.5 million non-recourse construction loan (with standard bad-boy carveouts) to finance the development of a 210-unit, Class A apartment community in Albuquerque, New Mexico.

Investment firms that lent billions of dollars to auto-parts supplier First Brands Group in off-balance-sheet financing are racing against its traditional corporate lenders to lay claim to inventory, equipment and other assets used in its supply-chain and receivables finance programs.

When the deal closes, which both banks expect will happen at the end of the first quarter of 2026, it will create the ninth-largest U.S. bank — with roughly $288 billion in assets.

The facility was upsized by $235 million, bringing the total to $700 million, to support the firm’s rapid and ongoing growth trajectory. The syndicated transaction was oversubscribed, demonstrating strong lender confidence in SACP’s business model and performance.

eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $35 million payroll financing facility to support the growth and working capital needs of a leading staffing solutions provider.