National Bank of Canada chief executive Louis Vachon will retire at the end of October after nearly 15 years in the job, the bank said Wednesday. Chief operating officer Laurent Ferreira will replace him in the top post starting Nov. 1, the Montreal-based bank said.

Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, today announced that the company has secured a $90 million investment from Goldman Sachs Asset Management Private Credit (Goldman Sachs). The capital will be used to accelerate global business expansion and deepen Aria’s penetration in strategic target markets, including the telecommunications, technology, financial services, and media and publishing industries.

Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Cheryl Mayo to serve as director, portfolio manager for factoring and ABL client lenders. The company’s recent hires further support Haversine’s commitment to cultivating and deploying alternative financing solutions within the specialty finance space.

Limetree Bay refinery can get another $10 million in debtor-in-possession (DIP) financing this month, a Houston bankruptcy court judge said on Wednesday, cash that will go toward unwinding operations. The St. Croix, U.S. Virgin Islands, refinery filed for bankruptcy in July after investors poured $4.1 billion into an unsuccessful revival of the aging facility. An initial restart had to be abandoned after its stacks spewed oil on homes and contaminated drinking water.

The Canadian law firm Fasken topped benchmark league tables for Mergers and Acquisitions (M&A) and capital markets in H1 of this year, reflecting the firm’s continued success in achieving clients’ objectives. Bloomberg, Refinitiv, MergerMarket, and the Financial Post all ranked Fasken among the leading advisors in several key M&A categories in H1:

CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $28.2 million in financing for construction of the Via Del Lago apartments in the Moreno Valley region of Greater Los Angeles.

Mesirow, an independent, employee-owned financial services firm, today announced that Eugene Weissberger has joined Mesirow Investment Banking as a Managing Director. Leveraging his long-standing relationships and 15 years of experience in the credit markets, Eugene will focus on developing the team's debt advisory practice.

The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has entered into a credit agreement providing for a new revolving credit facility in the maximum principal amount of US$100,000,000, with a syndicate of lenders represented by National Bank of Canada as administrative agent, lead arranger and sole bookrunner, and including Bank of Montreal and Desjardins Capital Markets.

BL Properties (OTCMKTS: CBLAQ) today announced that on August 11, 2021, the United States Bankruptcy Court for the Southern District of Texas entered an order approving the Company’s Plan of Reorganization (the “Plan”). As previously announced, on November 1, 2020, CBL filed petitions in the Bankruptcy Court for voluntary relief under Chapter 11 of Title 11 of the United States Bankruptcy Code.

Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced today that it backed an Altamont Capital Partners (“Altamont”) portfolio company, Hybrid Apparel (“Hybrid”, or the “Company”) in its acquisition of Air Waves with a split lien term loan. Capital Southwest led the financing and will act as the sole administrative agent on the credit facility. Main Street Capital Corporation is also a lender in the split lien term loan.

Truist Financial Corporation (NYSE: TFC) today announced Fadie "Freddy" Itayem, 38, has been named corporate treasurer, effective Sept. 3, 2021. Itayem will report to Chief Financial Officer Daryl Bible and will be responsible for all Truist corporate treasury activities, including balance sheet management, investment portfolio, liquidity risk and funding, interest rate risk and pricing. Itayem succeeds Donna Goodrich who will retire following more than 35 years with Truist.

Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and Sole Lender in providing a $110.0 million Senior Secured Credit Facility (the “Financing”) to ClearOne Advantage (“ClearOne”), a debt resolution services provider. The financing was used to refinance existing debt and fund ongoing working capital needs.

Clear Thinking Group LLC, the award-winning management consulting firm announced today that it provided financial and operational advisory services as well as serving as Strategic Advisor to New Day Aluminum Holdings, LLC and its parent company DADA Holdings LLC as part of DADA Holdings recently concluded transaction to sell a majority interest in New Day’s US operations to Concord Resources LTD.

Harmony Biosciences Holdings, Inc. ("Harmony") (Nasdaq: HRMY), a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases, and Blackstone (NYSE: BX) today announced that they have entered into a strategic financing collaboration where funds managed by Blackstone have agreed to provide Harmony with up to $330 million of financing and growth capital.

Carl Marks Advisors, a leading investment bank providing financial and operational advisory services to middle market companies, has served as the exclusive financial advisor to WE Transport, a provider of outsourced transportation services to the special needs and general education communities, in its sale to Beacon Mobility.

CNH Finance is pleased to announce $45.5MM in new commitments throughout Q2, 2021. Recent financings include senior credit facilities to multiple skilled nursing facilities, a hospital and a healthcare record management company.

Unchained Labs, the life sciences company that's all about getting biologics and gene therapy researchers the right tools for the job, today announced that it has closed a $155M debt facility with Midcap Financial and Golub Capital to support future acquisitions.

Dresner Partners, a leading FINRA-registered, middle-market investment bank and Mergers Alliance member firm, is pleased to announce that it advised Table Talk Pies, Inc. on the refinancing of its credit facilities with new lenders, White Oak Commercial Finance, LLC and NFS Leasing, Inc. Terms of the transaction were not disclosed.

Lee Palm brings established track record as leader of new Commercial Finance business unit Seasoned veterans Brian Shapiro and Phil Mulder add depth and extensive industry experience 11-member team encompasses full business verticals necessary to immediately begin operations Further expands and diversifies commercial banking capabilities, product offerings and clientele

Bruce Richards, Chairman & CEO, and Louis Hanover, CIO, together the co-managing Partners of Marathon Asset Management, a leading global credit investment manager, announced several management changes today, including one senior departure and five senior promotions.