- Loeb Moves With Speed to Provide a Metal Processing Company With $1.2M in Equipment Financing
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
- Gateway Completes a Record 39 Stretch Deals in 45 Days Totaling $15 Million
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
TTEC Increases its Credit Facility to $1.5 Billion
TTEC Holdings, Inc. (NASDAQ: TTEC), one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, announced today that on November 23, 2021 it amended and extended its credit facility, increasing the total commitment amount by $300 million to $1.5 billion and extending the maturity to November 2026.
Commitments were provided by a syndicate of banks arranged by Wells Fargo Securities, LLC serving as Left Lead Arranger and Left Bookrunner and BofA Securities, Inc., PNC Bank National Association, U.S. Bank, National Association, and Bank of the West, serving as Joint Lead Arrangers and Joint Bookrunners.
Commitments were provided by a syndicate of banks arranged by Wells Fargo Securities, LLC serving as Left Lead Arranger and Left Bookrunner and BofA Securities, Inc., PNC Bank National Association, U.S. Bank, National Association, and Bank of the West, serving as Joint Lead Arrangers and Joint Bookrunners.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
Wishpond Announces $6 Million Revolving Credit Facility from National Bank of Canada
September 29, 2021Wishpond Technologies Ltd. (the "Company" or "Wishpond") (TSXV: WISH) (OTCQX: WPNDF), a provider of marketing focused online business solutions, is pleased to announce it has entered into a new credit facility pursuant to the terms of a credit agreement entered into between the Company and National Bank of Canada's Technology and Innovation Banking Group ("NBC") that provides for a 6 million dollar secured revolving operating line (the "Credit Facility"). The Credit Facility is undrawn as of today's date.
-
Virtus Investment Partners Completes Refinancing of Debt
September 29, 2021The credit facility was arranged by Morgan Stanley as lead arranger and administrative agent, Barclays Bank and RBC Capital Markets as syndication agents, and The Bank of New York Mellon as documentation agent. Other lenders participating in the syndicate were Bank of America and JP Morgan.
-
Physicians Realty Trust Announces Amended and Restated Credit Agreement
September 29, 2021The Amended Credit Facility was arranged by KeyBank National Association, as administrative agent, KeyBanc Capital Markets, Inc., BMO Capital Markets and Citizens Bank, N.A., as lead arrangers and co-book runners, BMO Capital Markets and Citizens Bank, N.A., as co-syndication agents, and the lenders party thereto.
-
Commercial Credit, Inc. Listed as One of North Carolina’s Top 40 Mid-Market Companies for the Ninth Consecutive Year
September 29, 2021or the ninth time, equipment and accounts receivable finance company, Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., has made the Business North Carolina Mid-Market Fast 40 List.
-
Winston & Strawn Represents SAITECH Limited
September 29, 2021Winston & Strawn represented SAITECH Limited ("SAITECH" or the "Company"), a Eurasia-based energy saving bitcoin mining operator that engages in the hosting of bitcoin mining machines for its clients, in connection with its definitive business combination agreement with TradeUP Global Corporation (Nasdaq: TUGC for Class A ordinary shares; TUGCU for units) ("TradeUP Global"), a publicly traded special purpose acquisition company, that will result in SAITECH becoming a publicly listed company on NASDAQ under the new ticker symbol "SAI".
-
LBC Small Cap Supports the Growth of Premium Service Brands
September 28, 2021– LBC Small Cap, an affiliate of LBC Credit Partners, provided senior secured credit facilities to Premium Service Brands (“PSB” or the “Company”), a Charlottesville, VA based multi-brand franchisor and portfolio company of Susquehanna Private Capital (“SPC”). The investment will support PSB’s acquisition of The Grout Medic, a 67-location tile and grout cleaning and restoration franchise.
-
Siena Healthcare Finance Provided A $12.0MM Facility To A Private Equity Backed Infusion Pharmacy Company
September 28, 2021Siena Healthcare Finance recently provided a $12.0MM working capital facility for a private equity backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health issues.
-
FocalPoint Advises Zio on its Sale to Hudson Pacific Properties
September 28, 2021Zio Studio Services (“Zio” or the “Company”), the leading provider of one-stop-shop production equipment rental services, has been acquired by Hudson Pacific Properties (“Hudson Pacific”) alongside an acquisition of Star Waggons. Zio’s founder, Louis Dargenzio, and the rest of the management team will continue to lead and operate the Company. FocalPoint Partners (“FocalPoint”) served as exclusive financial advisor to Zio.
-
University of Maine System to Expand Facilities with $43 Million in Bond Financing from TD Bank
September 28, 2021TD Bank, America's Most Convenient Bank®, announced today that its New England Education, Not-for-Profit and Government Finance Group closed $43 million in financing to support building expansions within the University of Maine System (UMS).
-
White Oak Real Estate Capital Closes Its First Loan Investment
September 28, 2021White Oak Real Estate Capital (“WOREC”) announced today that it has provided a $28.45 million senior secured loan to 1784 Capital Holdings for the development of a Class-A self-storage facility in the city of Goleta, California. The deal marks the business’ first loan since WOREC launched as an affiliate of White Oak Global Advisors in July 2021.
-
CIBC Innovation Banking Expands to the UK with Opening of London Office
September 28, 2021CIBC Innovation Banking is pleased to announce the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.
-
Crossroads Systems, Inc. Announces Merger With Rise Line Business Credit
September 28, 2021Crossroads Systems, Inc. ("Crossroads")(OTCQX: CRSS), a holding company focused on investing in businesses that promote economic vitality and community development, announced today a merger with Rise Line Business Credit, LLC ("Rise Line"), a nationwide asset-based lending firm that provides innovative working capital solutions.
-
J.P. Morgan Private Capital Appoints Luke Sikora to Growth Equity Partners Platform
September 28, 2021J.P. Morgan Private Capital today announced the appointment of Luke Sikora as a Partner of its Growth Equity Partners platform. Mr. Sikora will serve as a member of the Investment Committee and help lead the platform's investing efforts on the West Coast.
-
Gerald Group Closes US$450 Million North American Borrowing Base Facility with Record Oversubscription
September 28, 2021Gerald Group ("Gerald"), the world's largest independent and employee-owned metals trading house is pleased to announce the successful refinancing of Gerald's North American trading hub GT Commodities LLC's ("GTC") Borrowing Base Facility ("BBF") closed at US$450 million.
-
Corium Secures $235 Million in Debt Financing
September 28, 2021Corium, Inc. (Corium), a commercial-stage biopharmaceutical company leading the development and commercialization of novel central nervous system (CNS) therapies, today announces that it has closed on a $235 million term loan agreement with Hercules Capital, Inc. (NYSE: HTGC), a leader in specialty financing for life science and technology companies. Corium will receive an initial tranche of $100 million, and the remaining funds will be available in three additional tranches upon the achievement of certain pre-defined milestones.
-
CBL Expands Into California: Pioneering ABL Firm Now in 13 States
September 28, 2021Context Business Lending, LLC (“CBL”) a family office-backed leading, national asset-based lender, announced today its expansion into the California market and the hiring of three additional team members to support its continued fast-paced growth. CBL recruited Lucy Czismas, a well-known figure in the California specialty finance market, to be its first west-coast based director of business development. Industry veteran MJ Hilker brings to CBL over 30 years’ experience in finance and investing, joining the company as director of portfolio management. Harmeet Sohal, based in Sacramento, CA, was hired as a senior collateral analyst.
-
Former Wells Fargo Senior Managing Director Jim Marasco Joins Gibraltar’s Board of Directors
September 28, 2021Gibraltar Business Capital is proud to announce that Jim Marasco, a widely respected senior executive leader with an extensive tenure at Wells Fargo Capital Finance, has been appointed to its Board of Directors. Jim has deep expertise in all aspects of secured and asset-based lending, leveraged finance, transaction sourcing and portfolio management.
-
PlainsCapital Bank’s San Antonio Lending Group Welcomes Jamie Gutierrez
September 27, 2021PlainsCapital Bank recently announced that Jamie Gutierrez has joined its San Antonio lending group as vice president, commercial loan officer. Gutierrez has more than 22 years of financial services experience, including small business lending, lines of credit, and healthcare and dental banking. Prior to joining PlainsCapital, Jamie was with Sunflower Bank, N.A. where she served as a business banking officer specializing in medical banking.
-
BHI Healthcare Group finances Lionstone Care Acquisition of assisted living/memory care facility in Southern New Jersey
September 27, 2021BHI, a full-service commercial bank, announced that its Healthcare Group has provided $31.1 million to Lionstone Care for the acquisition of an assisted living and memory care facility in Southern New Jersey. The facility has 110 units and is licensed for 130 beds. Amenities at the facility include five living rooms, a library, game room, tearoom, three dining rooms, a beauty salon, and a variety of activities for residents.
-
Ocean Bank Funds $2.5 Million Factoring Facility To Growing Toy Manufacturer
September 27, 2021Ocean Bank announced its Factoring Division has closed and funded a $2.5 million Factoring & Purchase Order (PO) Financing Facility to a leading growing toy manufacturer headquartered in the Southeast.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
