Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today that it has entered into a $50 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility matures on February 25, 2022. The Credit Facility replaces the Fund’s $75 million unsecured revolving credit facility that was scheduled to mature on February 8, 2021.

Huntington Business Credit announced it closed new $30,000,000 credit facilities with GNS North America, Inc on December 31, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.

Within the past year, the United States Department of Agriculture (USDA) invested a record $40 billion in rural communities. With considerable investments made to help bolster local economies in rural America, North Avenue Capital (NAC), a specialized commercial lender, was instrumental in providing over $130 million in USDA-backed loans to their clients across the United States.

Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its January 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. January experienced the lowest monthly number of new bankruptcy filings across all chapters since February 2006 (26,617 filings) with only 32,298 filings. The continued slide represents a decrease of 6% over December 2020 filings, and a 44% decrease over January 2020 filings where there were 58,161 new cases. Commercial filings across all chapters fell to 2,124 new cases, a 7% drop over December 2020 and a 42% drop over January 2020, which had a total of 3,560 new cases.

Magnite plans to finance the transaction with cash on hand, 14 million shares issued to RTL Group and committed financing from Goldman Sachs. The company expects the transaction to close in the second quarter of 2021, subject to receipt of regulatory approvals and satisfaction of customary closing conditions. Until the transaction closes, both companies will continue to operate independently. Goldman Sachs and LUMA Partners acted as financial advisors to Magnite and Goldman Sachs is providing committed financing for the transaction. Gibson Dunn provided legal counsel to Magnite.

A&G Real Estate Partners is offering a distribution center and two big-box stores slated to close as part of the Stock + Field bankruptcy. The 57-year-old retailer is currently liquidating all 25 of its stores across the Midwest. Located in Illinois, Michigan and Wisconsin, the three fee-owned properties are available for sale or lease, noted Emilio Amendola, Co-President of A&G, which was retained by the entities that own the sites. “These high visibility commercial and industrial real estate assets represent an excellent opportunity for both users and investors,” he said.

GBC has created a reputation as the preferred ABL partner to private equity groups. This is due to its ability to support fast-moving acquisition and growth opportunities, while having the unique ability to structure transactions that benefit the interests of all parties involved. That’s why, when CriticalPoint Capital needed acquisition financing support, GBC was the natural fit. CriticalPoint Capital is a Los Angeles-based operationally focused private equity firm specializing in corporate divestitures, companies in transition and special situations

GoldenTree Asset Management ("GoldenTree"), a global credit manager, announced the closing of $725 million in commitments on a second CLO strategy ("GLM II") as part of its GoldenTree Loan Management ("GLM") program. GoldenTree previously raised $600 million in 2016 for the first vintage of the strategy.

Doering has 15 years of commercial banking experience serving primarily family businesses and closely held companies of all sizes with an emphasis on construction, manufacturing/distribution, and service organizations. Fellows has more than 20 years of banking experience. As Senior Vice President – Treasury Management Market Leader in Madison, Melissa Fellows, CTP, leads our Madison team to deliver First Business Bank’s full suite of banking solutions.

Morgan Lewis is adding regional strength to its 110+ strong global finance team with the addition of partner Mark Kirsons, who joins from Sidley, where he also previously served as a co-leader of its Global Finance group, and will be resident in Chicago. Mark is recognized for his lender-side practice, representing banks, financial services companies, and private equity funds, many of which Morgan Lewis already serves in its US East and West coast offices and in the United Kingdom.

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it has increased its Revolving Credit Facility (the “Facility”) from $1.335 billion to $1.485 billion and extended the final maturity date by over one year on $1.390 billion of commitments to February 4, 2026. The Facility was led by Truist Securities, Inc., JPMorgan Chase Bank, N.A. and MUFG Union Bank, N.A. as joint lead arrangers and includes a total of 20 bank participants.

Horizon Global Corporation (NYSE: HZN), one of the leading manufacturers of branded towing and trailering equipment, today announced the closing of an attractive new financing agreement with Atlantic Park Strategic Capital Fund, L.P. (“Atlantic Park”). The six-year agreement addresses all of the Company’s near-term maturities, provides long-term stability to its capital structure and offers the financial flexibility necessary to pursue its strategic initiatives.

Builders FirstSource, Inc. (Nasdaq: BLDR) (“Builders FirstSource”), today announced that it increased the revolving facility commitments and extended the maturity date under its existing $900 million revolving credit facility (the “Facility”). In connection with the amended and restated Facility, the Company increased the total commitment from $900 million to $1.4 billion and extended the maturity date by 26 months to January 2026.

Victory Park Capital (“VPC”), a leading global alternative investment firm, today announced the close of a multi-year credit facility with Cap Hill Brands, a technology-driven consumer goods platform that acquires and operates e-commerce brands with an initial focus on Amazon-first brands. The credit facility marks the third deal that VPC has closed in the e-commerce sector since Q3 of last year, having most recently closed a credit facility with Perch, which also acquires and operates Amazon third-party sellers.

OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today announced the signing of an asset purchase agreement to acquire the SBA portfolio of Hana Small Business Lending, Inc., a wholly-owned subsidiary of Hana Financial, Inc.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers. Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis centers in Meridian, McComb and Jackson, Mississippi; Lake Charles, Louisiana; Sacramento, California; and Bellmead, Texas. The facilities are occupied by Fresenius Medical Care, a leading dialysis provider.

Cole Bennett has joined the company as Credit Analyst. Cole graduated from Texas A&M in December 2020 with a BBA in Accounting, an MBA in Finance, and Certificate in Corporate Finance. Before joining Stonebriar Bennett had numerous internships, most recently with KPMG, LLP. Kyle Holliman has joined the company as a Director - Originations. Kyle graduated from Mississippi State University in 2018 with a BBA in Management. Prior to joining Stonebriar, Holliman was a Senior Account Manager for HomeStretch where he worked in a sales capacity maintaining existing customers and developing new relationships.

Clear Thinking Group, the award winning advisory firm, announced today that the US Bankruptcy Court for the District of Minnesota has approved its retention by Stock+Field under section 363 of the US Bankruptcy Code, and that Partner Michael Wesley will serve as Chief Restructuring Officer during the Stock+Field chapter 11 process. Stock+Field is a premier farm, home, and outdoor retailer with 25 stores serving communities across Illinois, Indiana, Ohio, Michigan and Wisconsin.

Citizens M&A Advisory announced today that it served as the financial advisor to Leadec in its acquisition of Diversified Automation, Inc. Founded in 2002, Diversified Automation is a leading automation controls and software solution provider to the express parcel industry. It serves global express parcel and e-commerce companies, prime contractors and integrators with end customers that include Amazon, FedEx Ground and UPS. Headquartered in Louisville, Kentucky, and with annual sales of approximately $100 million, Diversified Automation has more than 140 engineers and project managers operating in seven locations across the United States.

WhiteHawk Capital Partners, LP ("WhiteHawk"), a private credit investment manager focused on asset-based financing solutions, announced it has entered into an agreement with Challenge Mfg. Company, LLC (“Challenge”) to provide a senior term loan facility that is in excess of $100 million. The term loan facility supported a refinancing of Challenge’s indebtedness and provided additional liquidity to continue to execute on the company’s growth.