InterNex Capital has provided a $1,500,000 Line of Credit (VelocityLOC) to a Maryland company who helps organizations bring drug treatments to the market through health research services.

In the spirit of Giving Tuesday, Gordon Brothers, the global advisory, restructuring and investment firm, has announced the firm’s shareholders completed $1 million in donations to charities supporting communities across the globe impacted by COVID-19. The shareholders collaborated with Gordon Brothers employees to establish the $1 million COVID-19 Emergency Relief Fund in March and have together carefully selected over 60 philanthropic organizations working to better the lives of people challenged medically and financially by the pandemic.

Clearlake Capital Group LP agreed to buy Dallas-based Dimora Brands Inc., or TKE Holdings Inc., from middle-market private equity firm The Jordan Co. LP for an undisclosed amount. Dimora provides high-end specialty hardware and home accessories. Baird served as financial adviser and Winston & Strawn LLP acted as legal counsel to Dimora. Nomura Securities Co. acted as an adviser to Dimora's board of directors.

Jacobs will also provide debt financing to PA through a 650 million euros term loan and a revolving credit facility of up to 100 million euros. It intends to fund the acquisition through a combination of cash-on-hand and existing and incremental debt facilities.

Hertz Global Holdings, Inc. (OTCPK: HTZGQ) today announced that it has entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned subsidiary, Donlen Corporation ("Donlen"), a fleet management leader, to Athene Holding Ltd. ("Athene") (NYSE: ATH), a leading financial services company, for an anticipated cash payment of $825 million subject to adjustments for fleet equity, working capital and assumed debt. Hertz anticipates that these adjustments will result in a purchase price at closing of at least $875 million. White & Case LLP is serving as Hertz's legal advisor, Moelis & Co. is serving as investment banker, and FTI Consulting is serving as Hertz's financial advisor.

Stampede Drilling Inc. is pleased to announce the closing of a loan facility in an amount of up to $2 million pursuant to a letter of offer dated October 28, 2020 with the Business Development of Canada ("BDC"). BDC, HSBC Bank Canada ("HSBC") and the Company have also entered into a priority agreement, whereby the BDC Security Interest is postponed and subordinated to the security interests held by HSBC in the personal property of the Company in connection with the facility letter dated December 20, 2018 from HSBC to the Company, as acknowledged and agreed to by the Company on December 20, 2018.

CTRL USA has launched a new global fund, seeking to raise at least $3.5 billion for its second private equity-value add fund focused on commercial real estate acquisitions and development. The U.S. private investment company has begun marketing the new vehicle to prospective global investors, i.e., United Arab Emirates, Asia & etc. It’s targeting more than double the size of its first private equity buyout fund, which closed at about $300 million in 2019.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $5 million receivables financing facility to a telecommunications and electrical contracting company that provides integrated voice and data cabling infrastructure solutions nationwide.

Celtic Capital Corporation today announced its most recent new client relationship – a California-based manufacturer of high-volume, low-speed industrial ceiling fans. This 13-year old family-owned business was asked by its bank to seek alternative financing due to loan covenant violations.

J D Factors announced it provided the following factoring facilities: $150,000 to a transportation company in Ontario; $100,000 to a transportation company in Alberta; $1,000,000 to a transportation company in Illinois; $75,000 to a transportation company in Ontario.

NWH is represented by Gibson, Dunn & Crutcher LLP and Young Conaway Stargatt & Taylor, LLP as legal co-counsels and Huron Consulting Group as financial advisor. The secured noteholders are represented by Willkie Farr & Gallagher LLP as legal counsel and Guggenheim Securities, LLC as financial advisor. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities.

Sallyport Commercial Finance provides timely financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic. This new credit facility coupled with a seasonal inventory lender will provide the needed working capital to continue their exceptional service and help grow market share.

J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) has confirmed the Company’s Plan of Reorganization (the “Plan”) to create separate property holding companies (“PropCos”) comprising 160 of the Company’s real estate assets and all of its owned distribution centers, which will be owned and operated by JCPenney’s DIP and First Lien Lenders. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021.

Hunter Street Partners ("Hunter Street"), a Minneapolis-based alternative investment management firm, and Five Crowns Credit Partners ("Five Crowns"), are increasing their capital commitment to TriStruX, a leading wireless infrastructure and telecommunication service provider in the Northeast, to finance the acquisition of High Point Utilities ("High Point"), a regional broadband network construction and maintenance company.

Quantum Health, the industry-leading consumer healthcare navigation and care coordination company, announced today a significant investment from Warburg Pincus, a leading global private equity firm focused on growth investing. Great Hill Partners, which invested in Quantum Health in 2017 and is the company's current majority shareholder, will retain a significant stake. This investment will further accelerate Quantum Health's investment in its technology platform and service delivery capabilities, as the company continues to provide high quality services to its growing customer base of self-insured employers.

New report provides insights on how credit fund managers are navigating economic upheaval and uncertain market conditions brought about by COVID-19

The Facilities were arranged by Bank of China Limited, Singapore Branch, Coöperatieve Rabobank U.A. Singapore Branch, DBS Bank Ltd., Emirates NBD Capital Limited, Emirates NBD Bank (P.J.S.C), Singapore Branch, Industrial and Commercial Bank of China Limited, London Branch, ING Bank N.V. Singapore Branch, Mizuho Bank, Ltd., MUFG Bank, Ltd., Oversea-Chinese Banking Corporation Limited, Société Générale, Hong Kong Branch, and Sumitomo Mitsui Banking Corporation Singapore Branch, acting as Bookrunning Mandated Lead Arrangers ("BMLAs").

Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today that its operating subsidiary, T3 Communications, Inc. (“T3”), has closed a $20 million senior secured credit facility (the “Facility”) with Connecticut-based Post Road Group. The Facility enables continued expansion of Digerati’s U.S. operations through organic growth efforts and targeted acquisitions.

Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Victory Park Capital Advisors, LLC (“VPC”), a leading private credit specialist headquartered in Chicago, announced today the closing of a committed debt facility of up to US$100 million to fund consumer loans for Kredivo’s borrowers in Indonesia. The deal marks major milestones for both firms: for Kredivo, it is the largest deal in its history with a credit provider and also represents one of the largest ever credit lines secured by any digital credit platform in the region; for VPC, this represents their first transaction in Southeast Asia and Indonesia overall.

Feronia Inc. (“Feronia” or the “Company”) (TSX-V: FRN) announces that it has closed its previously announced third party sale and restructuring transaction. As previously reported, the Company initiated debtor in possession insolvency proceedings under the Bankruptcy and Insolvency Act (Canada)(the “BIA”) on July 23, 2020 (the “NOI Proceedings”).