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  • CTO Realty Growth Announces 5-Year, $50 Million Term Loan
    March 10, 2021
    CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced that it has successfully amended its unsecured credit agreement to originate a new $50 million unsecured term loan (the “Term Loan”) and increase the total committed capacity of its unsecured revolving credit facility (the “Revolving Facility”) from $200 million to $210 million (together, the “Credit Facility”).
  • Humanigen Announces $80 Million Loan Facility from Hercules Capital
    March 10, 2021
    Humanigen, Inc. (Nasdaq: HGEN) (“Humanigen”), a clinical stage biopharmaceutical company focused on preventing and treating an immune hyper-response called ‘cytokine storm’ with its lead drug candidate, lenzilumab™, has obtained a term loan facility from Hercules Capital (NYSE: HTGC), a leader in customizing debt financing for companies in the life sciences market. Under the terms of the facility, Hercules will provide Humanigen up to $80 million of secured debt financing.
  • Black Knight Announces Amended and Restated Credit Facilities
    March 10, 2021
    Black Knight, Inc. (NYSE:BKI) ("Black Knight" or "BKI"), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, today announced that its indirect subsidiary, Black Knight InfoServ, LLC, a Delaware limited liability company (the "Borrower") entered into a second amended and restated senior secured credit facility (the "Facilities"), comprised of a $1.15 billion five-year senior secured term loan A facility and a $1 billion five-year senior secured revolving credit facility (the "Revolver").
  • Schulte Roth & Zabel Announces Promotions
    March 10, 2021
    Schulte Roth & Zabel (SRZ) is pleased to announce the election of David Arnstein, David Griffel, Anthony Taylor and Heather Wyckoff as partners. The firm also announces the promotion of William Barbera, Neil Begley, Adam Gartner, Andrew Gladstein, Robert Griffin, Jill Guzzetti, Annie Mehlman and Brian Smith to special counsel. All are resident in the firm’s New York office.
  • Stratos Technologies LLC Secures Participation From WebBank in an Asset-Based Revolving Credit Facility
    March 10, 2021
    Stratos Technologies LLC (“Stratos”), a venture capital firm with expertise in financing, operating, and advising technology businesses, today announced it has secured leverage through a first-out participation structure with WebBank in an asset-based revolving credit facility to one of its financial technology (FinTech) portfolio clients.
  • Goba Capital Inc. Closes its Inaugural Credit Facility Arranged by FCL Capital Partners
    March 10, 2021
    Goba Capital Inc. recently closed its inaugural Senior Credit Facility to support the significant growth of its portfolio and provide flexibility to execute on its strategic plan. FCL Capital Partners arranged the financing and acted as Goba's exclusive financial advisor. Goba Capital Inc. recently closed its inaugural Senior Credit Facility to support the significant growth of its portfolio and provide flexibility to execute on its strategic plan. FCL Capital Partners arranged the financing and acted as Goba's exclusive financial advisor.
  • The Very Good Food Company Announces Signing of Committed C$70 Million Credit Facility Non-Binding Term Sheet with Prominent Institutional Investment Firm
    March 9, 2021
    The Very Good Food Company Inc. (CSE: VERY) (OTCQB: VRYYF) (FSE: 0SI) ("VERY" or the "Company") is pleased to announce that it has executed a non-binding term sheet (the "Term Sheet") with a prominent institutional lender for a committed C$70 million senior secured Credit Facility (the "Credit Facility").
  • MHH Robert Cohen To Present At NEFA Virtual Finance Summit
    March 9, 2021
    Moritt Hock & Hamroff (MH&H) announced today that Robert S. Cohen will be presenting at the 2021 Virtual Finance Summit hosted by the National Equipment Finance Association (NEFA) on March 16 and 17, 2021. Cohen will be a featured panelist for a one-hour session in NEFA’s Education and Technology track entitled “Documentation in the Post-COVID World (E-notary/eDocs/Vaulting/Signer Verification).”
  • SG Credit Partners Provides $3.2MM Unitranche Loan - Collateral Based Term Loan A + Cash Flow Based Term Loan B
    March 9, 2021
    SG Credit Partners provided a unitranche loan to a Midwest-based specialty retailer of mattresses and accessories. The Company sells through 50+ stores as well as its Company-owned DTC eCommerce channel. SG provided a comprehensive solution by funding two tranches of term loans.
  • Tradecycle Capital Delivers Three New Accounts Payable Finance Facilities in February
    March 9, 2021
    Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded three new revolving accounts payable funding facilities in February. The first, a $5,000,000 limit to a designer, importer, and distributor of patio and home furnishings that sells throughout the US and Canada. The second was a $1,000,000 limit to a technology solutions provider that works primarily with public sector clients to implement ongoing technological advancements. The third was a $500,000 limit to a specialty chemical distribution company that supplies water treatment chemicals to municipalities and commercial customers.
  • Thomas Downey Joins SLR Equipment Finance
    March 9, 2021
    SLR Equipment Finance, formerly known as Nations Equipment Finance, expands its business development capabilities and announces that Thomas Downey has joined the company SLR Equipment Finance is pleased to announce it has hired Thomas Downey as Senior Vice President of Business Development. In his role, Tom will be responsible for growing SLR Equipment Finance’s leasing and lending activities in the Southwest region of the U.S. Tom brings over 30 years of creative structuring experience in the equipment finance industry to SLR Equipment Finance.
  • LBC Credit Partners Supports the Acquisition of Northern Wholesale Supply, LLC
    March 9, 2021
    LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support the acquisition of Northern Wholesale Supply, Inc. (“NWS” or the “Company”) by Wynnchurch Capital, LLC (“Wynnchurch”). LBC served as Agent and Sole Lender for the senior secured credit facility.
  • Tradewind Finance Welcomes Daniel Najman as Vice President of Sales based in Miami, FL
    March 9, 2021
    Tradewind Finance is pleased to announce that Daniel Najman has joined the company as Vice President of Sales based in Miami, Florida. Najman brings years of experience in trade credit insurance and trade logistics to the role, as well as an extensive track record of dealings with Brazil and other international markets. As VP Sales, Najman will help expand the company’s client base, leveraging his industry and native ties to Latin America.
  • Finance Lawyer John O. Sutton Jr. Joins Haynes and Boone
    March 9, 2021
    John O. Sutton Jr. has joined Haynes and Boone, LLP as a partner in the firm’s Finance Practice Group. He will work out of both the Fort Worth and Dallas offices. John has substantial experience representing banks, commercial financiers, and investment funds in asset-based lending (ABL) and structured finance transactions involving real estate, aircraft, hospitality, shipping and other industries. He has spent the bulk of his career at Hughes & Luce LLP and later K&L Gates LLP, following the merger of the firms.
  • Alvarez & Marsal Strengthens Healthcare Transformation Services
    March 9, 2021
    Leading global professional services firm Alvarez & Marsal (A&M) has appointed John McLean, III as a Managing Director, based in Atlanta, in the firm’s Healthcare Industry Group. Mr. McLean’s two decades of experience transforming health systems advances A&M’s expanding capability to address the evolving needs of its healthcare provider clients.
  • Old Hill Partners Closes an $8 Million Senior Secured Pre-Export Trade Finance Facility in Latin America
    March 9, 2021
    Old Hill recently provided an $8 million senior secured pre-export credit facility to a company in Latin America with whom it had a previous lending relationship. The company exports specialty agricultural products to top-tier global distributors. Old Hill’s financing allowed this exporter to lever its inventories during the harvesting and processing cycle resulting in working capital for its business. This is the second such facility Old Hill has provided to this exporter and reflects Old Hill’s interest and expertise in trade finance.
  • H.I.G. Capital Expands European WhiteHorse Team with the Addition of Laurent Vaille and Charles Bourgeois
    March 9, 2021
    H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with over €35 billion of equity capital under management, is pleased to announce the expansion of its European WhiteHorse team with the addition of Laurent Vaille and Charles Bourgeois as Principals. Laurent will be based in H.I.G.’s London office, and Charles is based in H.I.G.’s Paris office.
  • Monroe Capital Selected for Three 2020 Awards from Private Debt Investor
    March 9, 2021
    Monroe Capital LLC (“Monroe”) was selected as the recipient of three Private Debt Investor (“PDI”) awards, including the 2020 Lower Mid-Market Lender of the Year; Lender of the Year; and CLO Manager of the Year awards, in the Americas. PDI is a global independent publication based in London covering the private debt and private equity industries.
  • Cornerstone Business Credit Funds $200,000 Line of Credit to a Telecommunications Infrastructure Services Firm
    March 9, 2021
    Cornerstone Business Credit is pleased to announce that it recently funded a $200,000 line of credit to a telecommunications infrastructure services firm. After a series of COVID 19 suspensions of work and infrastructure upgrades, the industry is ramping back up with opportunities. Our client needed a working capital line of credit to access funds for vendors while awaiting payments from large national telecommunications companies.
  • Hilco Streambank Announces Successful Acquisition of Venture Capital Backed Varentec, Inc. Assets by Koch Engineered Solutions Subsidiary Sentient Energy
    March 8, 2021
    Hilco Streambank (www.hilcostreambank.com) had the privilege of collaborating with Varentec, Inc. (www.varentec.com), a revolutionary edge-of-network, volt/VAR grid optimization technology company, and secured lender Windsail Capital Group (www.windsailcapital.com) to complete a successful asset acquisition after an unsuccessful investment bank process run earlier in the year.
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