The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, rose slightly in January 2021 to 124 from 121 in December 2020, indicating that while the U.S. economy continues to see pandemic-induced challenges, businesses are optimistic about future economic activity in 2021. This is the best reading for the index since October 2020, though it is still 7% below its pre-pandemic level. The index is part of the MMBI for the first quarter.

Radius Health, Inc. (“Radius” or the “Company”) (Nasdaq: RDUS), today announced that the Company has entered into amended and restated credit facilities in the aggregate principal amount of $175 million, consisting of a $150 million term loan, which includes a cashless conversion of $25 million in existing term loans, and a $25 million revolving credit facility. The amended and restated credit facilities also provide for an additional $25 million term loan at the lenders’ discretion. Funding was provided by MidCap Financial and additional lenders via an amendment and restatement of Radius’ existing loan agreement.

eCapital Commercial Finance (“eCapital”), a division of eCapital Corp., a leading North American alternative financing provider for small and medium-sized businesses, today announced the appointment of Dale Busbee to Senior Vice President, Business Development Officer. Busbee brings over 25 years of vertical market expertise within the staffing industry as a facilitator of payroll funding and working capital solutions to staffing businesses and a former staffing agency owner.

BDO Consulting Group, LLC announced that Nick Welch recently joined the firm’s Business Restructuring and Turnaround Services practice as a Director in the firm’s Miami, Florida office and will primarily cover the Southeast regional markets. Nick, a seasoned financial advisor, has more than 20 years of experience in professional services and has spent the last nine advising lenders, investors and management teams on debt and operational restructuring strategies as well as on transaction services such as diligence, quality of earnings, sell-side advice and valuation.

The commitment letter provided to the Corporation provides for advances in the amount of up to CDN $2,000,000 (the "Credit Facility") from a syndicate of lenders including Kasten Energy Inc. ("Kasten") and Paul Cheung (collectively, the "Lenders"). Kasten and Paul Cheung are insiders of PetroFrontier as they each own more than 10% of the outstanding common shares of the Corporation (the "Common Shares"). The closing of the Credit Facility is subject to the approval of the TSX Venture Exchange Inc. (the "Exchange").

Morgan Stanley, Goldman Sachs, Barclays, Citigroup, Credit Agricole, Credit Suisse, Deutsche Bank and Wells Fargo served as joint bookrunners, and Wachtell, Lipton, Rosen & Katz acted as legal advisor on the transaction.

Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator™ Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, today announced it has expanded its existing relationship with Bridge Bank on its credit facility.

The Hillman Companies, Inc. (the "Company" or "Hillman”), a leader in the hardware and home improvement industry, has successfully completed the syndication of $1,185 million new term loan commitments to refinance its capital structure. The financing will be used in connection with and contingent upon the Company's merger with Landcadia Holdings III Inc. (Nasdaq: LCY) (“Landcadia”), a special purpose acquisition company. The financing also includes a $250 million, five-year asset-based revolving credit facility.

Second Avenue Capital Partners, LLC ("SACP") (www.secondavecp.com) has provided $6.5 million in debtor-in-possession (“DIP”) financing to Solstice Sunglasses, the second-largest sunglass retailer in the United States. The DIP facility delivers supportive capital to Solstice as the retailer commences a restructuring. The Company has retained Morgan, Lewis & Bockius L.L.P. as its legal counsel, RCS Real Estate Advisors to advise on all store leases, and KCP Advisory Group LLC’s Jacen Dinoff as Chief Restructuring Officer.

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 medical accounts receivable factoring facility with a molecular reference laboratory (“Company”) in Missouri.

Liquidia Corporation (NASDAQ: LQDA) today announced the closing of a debt facility on February 26, 2021, with Silicon Valley Bank, which provides Liquidia with up to $20.5 million in term loans of which the first $10.5 million was funded at closing. Under the terms of the debt facility, Silicon Valley Bank will make loans available in three tranches. Proceeds from the first tranche of $10.5 million have been used to retire Liquidia’s existing term debt with Pacific Western Bank and adds approximately $1.0 million to Liquidia’s balance sheet.

Grant Thornton LLP has named Beatrix Bernauer as its chief risk and compliance officer, a new role at the firm. In the role, she will design and execute the firm’s enterprise-risk management program and practices, including frameworks and methodologies to support effective risk identification, assessment, mitigation and monitoring.

Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $7.0 million credit facility to Winc, Inc., an online winery and wine club. In addition to the financing, Winc utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services.

Epiq, a global technology-enabled services leader to the legal services industry and corporations, released its February 2021 bankruptcy filing statistics from its AACER bankruptcy information services business. February experienced the lowest number of new monthly bankruptcy filings across all chapters, with only 31,188 filings, since February 2006 (26,617 filings). The continued slide represents a decrease of 3% over January 2021 filings and a 45% decrease over February 2020 filings, where there were 56,209 new cases.

Monroe Capital LLC ("Monroe" or the "Firm"), a leading middle market private credit investment manager with approximately $10 billion in assets under management, today announced that it has sold a passive minority equity stake to Bonaccord Capital Partners (“Bonaccord”), a division of Aberdeen Standard Investments (“ASI”). Terms of the investment were not disclosed.

Hertz Global Holdings Inc. received a bid from Knighthead Capital Management and Certares Management to purchase the rental-car company out of bankruptcy for as much as $4.2 billion, according to court documents.

Stonebriar Commercial Finance (“Stonebriar”), a large-ticket independent diversified commercial finance and leasing company, announced that it has closed its eighth asset-backed securitization (“ABS”), SCFET 2021-1. The ABS issuance is secured by a portfolio of commercial equipment loans and leases, with an aggregate discounted contract balance of over $1 billion with 64 obligors, and a weighted average IRR of 8.24%. The top tranches earned the highest possible short-term and long-term ratings from Moody’s Investors Service (“Moody’s”) and Kroll Bond Ratings Inc. (“Kroll”).

Greystone, a leading national commercial real estate finance company, announced that David E. Friedman has joined as a Senior Managing Director and Head of Institutional Lending to lead a strategic build-out and take-to-market execution of the firm’s new institutional lending platform.

KTC was contacted by a referral partner who was hired to seek capital for a New York based apparel brand in need of capital to fund its’ growing inventory need to fulfill growing sales. KTC was able to quickly assess the Client’s in-house pre-sold inventory and their supply chain finance needs and KTC offered a full trade cycle finance solution to help the Client execute upon the doubling their sales in 2021.

Paper Source, which sells greeting cards, paper goods and custom invitations, filed for Chapter 11 bankruptcy protection on Tuesday after sales plummeted due to the pandemic. The move marks a reversal for a company that was expanding as recently as a year ago, having acquired some from its liquidating rival Papyrus right before COVID-19 hit. It also marks another setback for the greeting card industry, which has been slumping in recent years amid the rise of digital competition.