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  • Encina Lender Finance Fuels Continued Growth With Four New Hires
    November 4, 2021
    Encina Lender Finance, LLC (ELF) announced today the addition of Dan Avnir to its Commercial team, as Managing Director; Jessica Ernst and Jeff Karlsson to its Risk team as Portfolio Manager and Senior Associate, respectively; and Denise Richardson, to its Operations department, as Collateral Analyst.
  • Assembled Brands Announces a New Facility with High-Growth Olive Oil Brand Kosterina
    November 4, 2021
    Assembled Brands is delighted to announce its new partnership with premium olive oil brand Kosterina. The brand was founded in 2016 by Katerina Mountanos, a serial entrepreneur passionate about family, living a healthy lifestyle and all things Greek.
  • CIT Arranges $55.5 Million Financing for Home Care and Hospice Provider New Day Health Care
    November 4, 2021
    CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. New Day Healthcare, founded by long term home care executive G. Scott Herman, partners with market-leading home health and hospice providers in the post-acute care arena to care for 7,500 patients across Missouri, Kansas, Illinois and Texas.
  • Quasar Capital Partners Appoints Sam Tork to its Advisory Board of Directors
    November 4, 2021
    Quasar Capital Partners, LLC is pleased to announce the appointment of Sam Tork to its Advisory Board of Directors. As a member of the advisory board, Sam Tork will guide with strategic priorities and serve as a senior member of Quasar Capital Partner’s credit, asset review, and strategic planning committee.
  • GameStop Secures New $500 Million ABL Facility with Improved Liquidity and Terms
    November 4, 2021
    GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has entered into a new $500 million global asset-based revolving credit facility (“ABL Facility”) with a syndicate of banks. Wells Fargo Bank, N.A. acted as Lead Arranger and will serve as Administrative Agent.
  • Gordon Brothers Issues Secured Term Loan Facility to Support London-Based Jeweller’s Working Capital
    November 4, 2021
    Gordon Brothers, the global advisory, restructuring and investment firm, has issued a secured term loan facility to a family-owned jewellery and diamond retailer based in London.
  • LiquidX Named Finalist for Singapore Global FinTech Awards 2021
    November 3, 2021
    LiquidX’s Digital Trade Credit Insurance platform was selected for recognition at the annual awards, which celebrate groundbreaking solutions that transform industry practices. The Monetary Authority of Singapore (MAS) has named LiquidX Insurance Services (Singapore) Pte. Ltd. a finalist for the Singapore FinTech Festival (SFF) Global FinTech Awards 2021 in the Singapore Financial Institution category. The awards are a highlight of the annual festival, which takes place November 8-12, 2021.
  • First Internet Bank To Buy First Century Bancorp In $80 Mln Cash Deal
    November 3, 2021
    First Internet Bancorp (INBK), the parent company of First Internet Bank, said on Tuesday that it signed a definitive agreement to acquire First Century Bancorp, the parent company of First Century Bank, N.A. for $80 million in cash.
  • SMBC Nikko Securities America Hires Paul Spivack as Managing Director, Deputy Head of Capital Markets
    November 3, 2021
    SMBC Nikko Securities America, Inc., a member of SMBC Group, today announced that Paul Spivack has joined the firm as Managing Director, Deputy Head of Capital Markets. In this role, he will work closely with the firm’s debt business, providing his advice and counsel to help drive further growth for this unit. He will report to Scott Ashby, Managing Director, Head of Capital Markets and Investment Banking, Senior Deputy President.
  • ABL Aviation and Ellington Management Group Establish Joint Venture Targeting $800 Million in Aircraft Assets
    November 3, 2021
    ABL Aviation, the global independent aircraft investment management firm, today announced that it has established a joint venture with Ellington Management Group (“Ellington”), an alternative investment manager, to opportunistically deploy capital across the global aviation industry and provide exposure to directly sourced deals.
  • Winston & Strawn Represents Project Energy Reimagined Acquisition Corp.
    November 3, 2021
    Winston & Strawn represented Project Energy Reimagined Acquisition Corp. (the "Company"), a special purpose acquisition company, in its $250 million initial public offering. The units began trading on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "PEGRU" on October 29, 2021.
  • Alleon Healthcare Capital Provides a $2,000,000 Medical Accounts Receivable Financing Facility to a Florida-Based Skilled Nursing Facility Operator
    November 3, 2021
    Alleon Healthcare Capital ("Alleon"), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $2,000,000 medical accounts receivable financing facility with a skilled nursing facility operator
  • Winston & Strawn LLP Represents RCG Global Services
    November 3, 2021
    Winston & Strawn LLP represented RCG Global Services ("RCG" or the "Company"), a global digital transformation consultancy providing product engineering, advanced analytics, and cloud services to Fortune 1000 enterprises, has completed a majority recapitalization with Frontenac, a Chicago-based private equity firm.
  • Ocean Bank Closes and Funds $2 Million Factoring Facility to Growing Frozen Food Distributor
    November 3, 2021
    Ocean Bank announced its Factoring Division has closed and funded a $2 million factoring facility to Globalwing USA Corp., a Miami-based leading exporter of frozen meats and poultry.
  • Moritt Hock & Hamroff (MHH) Welcomes Three Associates
    November 3, 2021
    Moritt Hock & Hamroff (MHH) recently welcomed three new associates: Michael J. Borger, Johanna C. David and Grace Y. Lee. Borger and David joined the firm's Trusts and Estates practice group and are based in the firm's Garden City office. Lee joined the firm's Secured Lending practice group and is based in the firm's New York City office.
  • Citizens Advises FT Synthetics on its Acquisition by GAF, a Portfolio Company of Standard Industries
    November 3, 2021
    Citizens M&A Advisory announced today that it served as the exclusive financial advisor to FT Synthetics on its acquisition by GAF, a portfolio company of Standard Industries. FT Synthetics is a fully integrated manufacturer of coated woven fabrics, with a dedicated focus on developing industry-leading new and unique underlayment products designed for the steep slope roofing industry.
  • Ryan Barringer Joins BizCap as Managing Director
    November 2, 2021
    BizCap® (Business Capital since 2002), a national commercial finance and advisory firm, today announced it has hired Ryan Barringer as Managing Director, filling a key role on the company’s management team. Based in the San Francisco Bay Area, Ryan will be responsible for defining and executing on BizCap’s national growth strategy.
  • Axis Announces Expansion of Senior Credit Facility to $120 Million
    November 2, 2021
    Axis Auto Finance Inc. ("Axis" or the "Company"), (TSXV: AXIS) a fintech lender servicing the alternative auto finance market, announced today that it has expanded its senior secured credit facility, lowered its borrowing costs and increased the advance rate on the facility.
  • Winston & Strawn Represents TKB Critical Technologies 1
    November 2, 2021
    Winston & Strawn represented TKB Critical Technologies 1, a special purpose acquisition company, in its $200 million initial public. The units are listed on the Nasdaq Global Market (“Nasdaq”) and began trading under the ticker symbol “USCTU” on October 27, 2021.
  • GTT Files for Chapter 11 to Implement Prepackaged Plan
    November 2, 2021
    GTT Communications, Inc., “GTT” or “the Company,” a leading global cloud networking provider to multinational clients, announced today that the Company and certain of its direct and indirect subsidiaries have commenced prepackaged chapter 11 cases in the United States Bankruptcy Court for the Southern District of New York to effectuate a deleveraging of GTT’s capital structure. GTT’s foreign businesses and operations outside of the U.S. are not included in the filing and are unaffected by the chapter 11 cases.
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