Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its August 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. Overall, August was flat with 32,225 new filings across all chapters, down slightly from July 2021 with 32,391. Total commercial filings, across all chapters, was up 1% over July 2021 with 1,724 new cases.

Wells Fargo Bank, N.A. is the Admin Agent and Joint Lead Arranger for the ABL Facility. Regions Bank and Fifth Third Bank are also Joint Lead Arrangers under the ABL Facility. Simpson Thacher & Bartlett LLP was counsel to TNT.

Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the refinance of NationsBenefits. Additionally, The Pritzker Organization, Denali Growth Partners, and Monroe Capital provided equity capital to enhance the existing service offerings and support future growth of the Company.

BMO Harris Bank announced today the launch of the new BMO Women in Business Credit Program – a loan product offered under the Women In Business initiative that began last year as part of BMO's five-year, $5 billion BMO EMpower commitment. The loan program offers women-owned businesses expanded access to affordable business credit, which the National Association of Women Business Owners has identified as a priority to help women-owned businesses grow.

SLR Healthcare ABL is pleased to announce it has provided a $3 million asset-based revolving line of credit to a skilled nursing operator.

Citizens 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

Global 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 (“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, 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.

Wells 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.

In 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. ("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 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 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, 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 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.

Cerebro 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, 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 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.

The 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.