- Alantes Corporate Finance Partners with Whiteley Infrastructure Group (WIG) to Arrange a $15 Million Secured, Non-Notification Accounts Receivable Revolving Line of Credit
- Thompson Coburn Promotes 10 New Partners and Counsel for 2026
- News Detail Share Test
- Monroe Capital Launches Monroe Capital Enhanced Corporate Lending Fund (MLEND)
- TSL Subscriber Only Content
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Accord Financial Provides $15M Growth Funding Solution for Oil and Gas Services Client
Accord Financial is pleased to announce that it closed a $15M facility for an oil and gas services company. Its newest client provides transportation, environmental and related services to the oil and gas sector. With operations in Alberta and BC, this company, a leader in its field, needed a solid financing structure to return to pre-pandemic levels and have access to sufficient cash flow to support growth, confident that its financial partner would be able to accompany them along this path.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
SLR Healthcare ABL Provides $3 Million to Skilled Nursing Operator
September 8, 2021SLR Healthcare ABL is pleased to announce it has provided a $3 million asset-based revolving line of credit to a skilled nursing operator.
-
Citizens Advises Ridgemont Equity Partners on its Acquisition of Sparus Holdings
September 7, 2021Citizens M&A Advisory announced today that it served as the financial advisor to Ridgemont Equity Partners on its acquisition of Sparus Holdings (“Sparus”), a leading provider of critical outsourced field and professional services for utility and industrial customers. Citizens also served as Administrative Agent for the senior debt financing that supported the transaction, which closed in March 2021
-
Greenberg Traurig Honored at M&A Advisor’s Turnaround Awards
September 7, 2021Global law firm Greenberg Traurig, LLP has been honored in several categories at the M&A Advisor’s 15th Annual Turnaround Awards. The firm’s attorneys were members of the teams awarded Restructuring of the Year ($500 MM- $1 B) for the restructuring of American Addiction Centers; Restructuring of the Year ($100 MM to $500 MM) for the restructuring of Vivus Inc.; and Financials Deal of the Year for the acquisition of Gateway Insurance Company by Buckle.
-
Ares Management Corporation Further Expands Net Lease Experience
September 7, 2021Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling investment opportunities in the $12 trillion net lease market in the U.S. and Europe as well as the Company’s continued commitment to enhance its capabilities across the platform.
-
Harrow Health Provides $13.5 Million Senior Secured Loan to Melt Pharmaceuticals
September 7, 2021Harrow Health, Inc. (Nasdaq: HROW), an ophthalmic-focused healthcare company, and Melt Pharmaceuticals, Inc., a clinical-stage pharmaceutical company developing first-in-class medicines for sedation and analgesia, today announced that Harrow Health has provided a $13.5 million senior secured loan to Melt Pharmaceuticals.
-
nCino Announces Executive Leadership Team Promotions to Further Global Growth Initiatives
September 7, 2021nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced today several strategic promotions across its executive leadership team to further support the Company’s continued growth and scale
-
Wells Fargo's Commercial Banking Unit CEO Perry Pelos to Retire
September 7, 2021Wells Fargo & Co (WFC.N) said on Friday that Perry Pelos, the chief executive officer of its commercial banking unit, will retire from the company in April. Kyle Hranicky, the head of Wells Fargo's middle marketing banking unit, which is housed within the commercial banking unit, will succeed Pelos, effective immediately.
-
Yieldstreet Closes 5 New Deals Totaling $45,000,000
September 7, 2021In August 2021, they closed a total of $45M in new deals across both consumer and commercial asset classes, various positions within the capital stack.
-
Petro-Victory Energy Corp Announces Closure of a New US$5 Million Secured Debt Facility, Retirement of Other Debt Facilities and Exercise of Debt-related Warrants
September 7, 2021Petro-Victory Energy Corp. ("Petro-Victory" or the "Company") (TSXV: VRY.V) is pleased to announce execution of definitive agreements on a series of financing transactions previously announced on November 25th, 2020 (the "Transactions") which refinance existing debt on significantly improved terms, through a structure which includes a new US$5 million debt facility.
-
Gold Royalty Secures Up To US$25 Million Revolving Credit Facility
September 7, 2021Gold Royalty Corp. ("GRC") (NYSE AMERICAN: GROY) is pleased to report the signing of a commitment letter with the Bank of Montreal ("BMO") for a fully underwritten US$10 million revolving credit facility ("Facility") with an accordion feature allowing for an additional US$15 million subject to certain conditions.
-
Kane Biotech Announces New Credit Facility
September 7, 2021Kane Biotech Inc., today announces that it has entered into an amended and restated credit agreement with Pivot Financial Inc. (“Pivot”) dated August 31, 2021 (the “Amended Credit Facility”). The Amended Credit Facility amends and restates the existing credit agreement with Pivot dated November 5, 2020, increasing the credit facility to $2.5 million from $1.48 million.
-
TransPerfect Announces New $500 Million Credit Facility
September 7, 2021TransPerfect, the world's largest provider of language and technology solutions for global business, today announced that it has refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving credit line) that matures on August 27, 2026. The new credit facility replaces the company’s previous $450 million credit facility.
-
Maverix Amends and Increases Credit Facility to $160 Million
September 7, 2021Maverix Metals Inc. ("Maverix" or the "Company") (NYSE: MMX) (TSX: MMX) is pleased to announce that it has amended its revolving credit facility (the "Credit Facility") and increased the amount available by $40 million to $160 million.
-
Intense Competition in Middle-Market Lending Benefits Commercial Borrowers
September 7, 2021Cerebro Capital, a commercial loan platform, today released its Q2 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Lenders saw increased demand for credit because of the booming M&A market and the improving economy, according to the survey. At the same time, underwriting standards and loan terms continue to ease because of increasing competition among lenders.
-
Gordon Brothers Launches Sale of Specialist Airport Ground Support Equipment Formerly Owned by Swissport Finland
September 7, 2021Gordon Brothers, the global advisory, restructuring and investment firm, has been appointed joint selling agent for high-quality ground support equipment formerly owned by Swissport Finland, in partnership with Liquidity Services. This specialised private sale presents the rare opportunity to acquire airport ground support equipment for cargo and people immediately.
-
GTT Enters into Restructuring Support Agreement with Key Stakeholders to Improve Capital Structure and Execute Business Strategy
September 2, 2021GTT Communications, Inc. (OTC: GTTN), “GTT” or “the Company”, a leading global cloud networking provider to multinational clients, announced today that it has entered into a Restructuring Support Agreement (“RSA” or the “agreement”) with key stakeholders, including holders of a majority of its secured and unsecured debt and I Squared Capital, to implement a comprehensive restructuring of the Company’s remaining balance sheet following completion of the pending sale of its infrastructure division.
-
Maverix Amends and Increases Credit Facility to $160 Million
September 2, 2021The syndicate of banks include National Bank of Canada, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia, and Bank of Montreal. The Credit Facility has a term of 4 years, maturing in September 2025. Currently, the Company has nothing drawn from the Credit Facility and, therefore, the full $160 million remains available.
-
Northstar Capital Invests in Consolidated Equipment Group, LLC
September 2, 2021Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Consolidated Equipment Group, LLC (“CEG”), a portfolio company of Dominus Capital (“Dominus”). CEG, a Minnesota-based company, is the leading designer, manufacturer, and marketer of attachments for skid-steers loaders, mini skid-steers, compact tractors, utility terrain vehicles, all-terrain vehicles, and other light-construction equipment.
-
Eastern Bank Welcomes Metropolitan Cabinets & Countertops as a Commercial Customer
September 2, 2021Eastern Bank is pleased to announce Metropolitan Cabinets & Countertops (Metropolitan) as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England. Metropolitan has grown from a three-person company into a leader in the cabinet and countertop industry with a 150,000 square foot manufacturing facility and four showrooms in Greater Boston.
-
Texas Capital Bancshares, Inc. Appoints Daniel Hoverman to Lead Investment Banking Division
September 2, 2021Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that Daniel S. Hoverman has been appointed as Executive Vice President of Texas Capital Bank and Managing Partner and President of TCBI Securities, Inc., effective immediately.
The Secured Lender
SFNet's The 81st Annual Convention Issue

.jpg?sfvrsn=f1093d2a_0)