TSL Express Daily Articles & News

To submit company news and press releases to
TSL Express, email tslexpress@sfnet.com.

Today's Top Story



TSL Express Trending Story

TSL Express Daily Headlines & News

  • Urban Grid Closes $275M Debt Refinance Provided By Crayhill Capital Management
    October 12, 2021
    Urban Grid, one of the largest U.S. greenfield renewable energy project developers, announced today that it has expanded and extended its partnership with Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments in the renewable energy sector.
  • Riveron Welcomes Sam Shaw as New Chief Financial Officer
    October 12, 2021
    Riveron, a national business advisory firm, announced today that Sam Shaw is joining its leadership team as CFO. Shaw will oversee the company’s finance organization and play a leading role in executing Riveron’s purpose-driven growth strategy.
  • Antares Capital Announces Leadership Transition
    October 12, 2021
    Antares Capital (“Antares” or “the firm”), a private debt credit manager with $42.9 billion of capital under management and administration, today announced that Timothy Lyne, founding partner and current Chief Operating Officer (COO), will succeed David Brackett as Chief Executive Officer (CEO). Brackett announced that he will be retiring from his role as CEO on December 31, 2021, and will remain with Antares in an advisory capacity.
  • Abacus Finance Provides Senior Debt Financing to Support the Leveraged Buyout of GLD, LLC
    October 12, 2021
    Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged buyout of GLD, LLC by H.I.G Growth Partners. Abacus made an equity co-investment in GLD, LLC.
  • Hancock Whitney Expands Corporate, Commercial Banking Teams in New Orleans
    October 11, 2021
    Hancock Whitney senior vice presidents Elizabeth Hefler and Billy Hoffmann, two longtime Hancock Whitney financial services professionals serving South Louisiana clients and communities, will lead the bank’s expanded corporate and commercial banking teams.
  • CVC Credit Prices Fifth New CLO of 2021
    October 11, 2021
    Arranged by Deutsche Bank, the transaction has been structured with a five-year reinvestment period and priced at the tight end of the market. Apidos XXXVII is primarily comprised of broadly syndicated First Lien Senior Secured Loans.
  • Summit Bank Promotes Chris Hemmings to Chief Operating Officer
    October 11, 2021
    Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC Pink: SBKO) today announced the promotion of Chris Hemmings to Chief Operating Officer of the Bank, effective immediately. Hemmings has been with Summit Bank since 2008 and has served in various capacities, most recently as Senior Vice President & Chief Administrative Officer and before that Controller.
  • First Bancorp Announces Management Team Changes
    October 11, 2021
    First Bancorp (NASDAQ – FBNC), the parent company of First Bank, announced today changes in the management team of the Company and the Bank. Adam Currie will become Chief Banking Officer of First Bank; Elizabeth B. Bostian will become General Counsel and Chief Financial Officer of the Company; and Blaise Buczkowski, Chief Administrative Officer, will continue in that role and become the Company's Chief Accounting Officer, reporting to Ms. Bostian.
  • KKR Announces CEO Succession
    October 11, 2021
    KKR & Co. Inc. (together with its subsidiaries, “KKR”), a leading global investment firm, today announced that Joe Bae and Scott Nuttall have been appointed Co-Chief Executive Officers, and Co-Founders Henry Kravis and George Roberts will remain actively involved as Executive Co-Chairmen of KKR’s Board of Directors. The leadership transition is effective immediately.
  • Tradecycle Capital Delivers Two New Accounts Payable Finance Facilities in September
    October 11, 2021
    Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded two new revolving accounts payable funding facilities in September. The first is a $3,500,000 limit to a privately held third party Logistics provider who came to Tradecycle after receiving payments from Tradecycle. The second was a $300,000 limit to a manufacturer of specialty HVAC equipment for large industrial and government buildings, which was referred to Tradecycle by their senior lender.
  • Pitney Bowes Appoints Tom Doherty as Vice President, Lending Services and Products
    October 11, 2021
    Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced that Tom Doherty has been appointed Vice President, Lending Services and Products. He joins Pitney Bowes from CIBC Bank USA where he served as Managing Director and Head of Business Banking.
  • Opy USA Announces Multi-Million Dollar Warehouse Facility with Goldman Sachs and Atalaya Capital Management
    October 11, 2021
    'Buy now, Pay smarter.' company, Opy USA, Inc., (Opy), and its parent company Openpay Group Ltd (ASX: OPY) (Openpay), announced today the signing of a $271.4 million secured debt facility with Goldman Sachs and investment advisory firm Atalaya Capital Management.
  • Bank of America Names Additional Presidents for Markets in Ohio
    October 11, 2021
    Jeneen Marziani, who has served as Ohio president for the past 13 years, has been named president of Cleveland. Kelly D’Ambrosia, Merrill Lynch Market Executive has been named president of Columbus. Mark M. Ryan, Merrill Lynch Market Executive has been named president of Cincinnati.
  • Dye & Durham Announces a Recapitalization of its Credit Facilities and Provides a Corporate Update
    October 11, 2021
    Ares Capital Management LLC acted as Administrative Agent and Lead Arranger with respect to the New Facility. Canaccord Genuity Corp. acted as financial advisor and DLA Piper LLP acted as legal counsel to Dye & Durham for the transaction. Latham & Watkins LLP acted as legal counsel to the lenders for the transaction.
  • September 2021 New Bankruptcy Filings Mixed
    October 11, 2021
    Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its September 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Overall, September new filings for all chapters were down 4% or 30,907 month-over-month, down from 32,263 in August 2021.
  • White & Case Announces the Election of 59 New Partners
    October 11, 2021
    Global law firm White & Case LLP announced the promotion of 59 lawyers around the world to its partnership today. The promotions are effective on January 1, 2022, and represent 12 of the Firm's global practices across 24 locations throughout the Americas, EMEA and Asia-Pacific.
  • SmartStop Self Storage REIT, Inc. Announces $200 Million Increase to its Credit Facility
    October 11, 2021
    SmartStop Self Storage REIT, Inc. (“SmartStop”) announced today that it exercised $200 million of its accordion (the “Accordion”) under its existing multi-currency credit facility (the “Credit Facility”) with a syndicate of banks led by KeyBank National Association, Wells Fargo, N.A., Citibank, N.A. and Bank of Montreal.
  • TAB Bank Provides Clean Air Products Manufacturer in Florida with a $3.25 Million Asset-Based Credit Facility
    October 11, 2021
    TAB Bank is pleased to announce it has provided a clean air products manufacturer in Florida with a $3.25 million asset-based credit facility. In addition to the revolving credit line, TAB also provided the company with $1.7 million in an equipment term loan. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
  • MAP Health Management Powers Growth with $14 Million Credit Facility From Espresso Capital
    October 11, 2021
    Espresso Capital announced today that it has provided MAP Health Management, LLC with a $14 million credit facility. MAP will use the funds to scale its business and help fuel its M&A strategy. MAP's integrated platform is designed to improve outcomes for patients being treated for addictions and other behavioral health illnesses and delivers a broad range of telehealth services including virtual peer support, psychiatric care and therapeutic care for patients and their family members.
  • Healthcare Trust of America, Inc. Announces $1.3 Billion Revolving Credit and Term Loan Agreement
    October 7, 2021
    J.P. Morgan Chase Bank, N.A., Wells Fargo Securities, LLC, U.S. Bank National Association, BofA Securities, Inc., Capital One, National Association, and PNC Capital Markets LLC served as Joint Lead Arrangers with JP Morgan Chase Bank, N.A. serving as the Administrative Agent. Wells Fargo Bank, National Association, U.S. Bank National Association, Capital One, National Association, PNC Bank, National Association, and Bank of America, N.A. served as syndication agents.