Blue Bridge Financial, LLC announces the closing of a one-year extension of its $20 million revolving credit facility with Fifth Third Bank, National Association. “This extension along with the previously announced corporate note extension insures that Blue Bridge will continue to be a key source of capital for small businesses in need of equipment finance.”

Through its recent bankruptcy process, the J. Crew and Madewell parent company, now named "Chinos Intermediate 2," has significantly trimmed the massive debt load that had undermined the namesake brand's ability to right itself and the healthier but smaller brand's capacity to grow. J. Crew provided about 70% of the company's sales last year, with Madewell, which enjoyed double-digit comps from 2018 to 2019, chipping in more than 20%, thanks to what S&P analysts said is "merchandise that resonates with its millennial customer segmentation," per S&P Global's release.

SG Credit provided the Company with a non-dilutive $2.5 million term loan with structured amortization early in the term to free up cash flows and liquidity to fund growth initiatives. This structure allowed the Company to seamlessly buyout the existing shareholder without complicating existing shareholder dynamics.

Avianca Holdings S.A. (OTCMKTS: AVHOQ, BVC: PFAVH) (the "Company" or "Avianca") today announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York (the "U.S. Court") to access its debtor-in-possession ("DIP") financing totaling just over US$2.0 billion.

Portage Point Partners, LLC (Portage Point), an interim management and business advisory firm that partners with stakeholders during periods of transition, underperformance and distress, announced today that John Laguzza has joined the firm as a Managing Director in New York.

Gerald Group ("Gerald"), the world's largest independent, employee-owned metals trading house, is pleased to announce the renewal of its North American syndicated borrowing base credit facility. Despite global market challenges resulting from the COVID-19 pandemic, Gerald's North American trading hub, GT Commodities LLC ("GTC"), closed its US$ 240 million facility with a significant oversubscription from an initial launch amount of US$ 175 million.

Despite ongoing economic uncertainty amidst a global pandemic, many dealmakers remain optimistic about the outlook for the year ahead as they increasingly pursue alternative merger and acquisition (M&A) methods to navigate the crisis and pursue new disruptive business growth strategies. According to Deloitte's new "Future of M&A Trends Survey" of 1,000 U.S. corporate M&A executives and private equity firm professionals, more than 6 in 10 survey respondents (61%) expect U.S. M&A activity to return to pre-COVID-19 levels within the next 12 months.

Generational Capital Markets, Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, F3 MFG, Inc. to The Shyft Group, Inc. (NASDAQ: SHYF). The acquisition closed October 1, 2020 and details were not disclosed.

Imperial Capital, LLC (“Imperial Capital”) announced today the addition of senior high yield professional, Denji Yiu, as the Company continues its growth plans in credit sales and trading. Mr. Yiu is returning to the markets to join Imperial’s credit sales force after he ran High Yield & Distressed Sales at GMP. Mr. Yiu will be based in New York City and will help strategically align Imperial Capital’s high yield and distressed sales professional efforts with the trading needs of its clients.

Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) announced today that it has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura Trading LLC (“Trafigura”). Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Company’s U.S. Gulf of Mexico assets. The $50 million advanced under the prepayment agreement with Trafigura announced in June has been rolled into the new facility, structured by CSG Investments, Inc., with the remaining $150 million provided by Beal Bank.

Stonebriar Commercial Finance announced the closing of an $11 million loan with a market leading media, technology and content management company engaged in providing hardware and software solutions to the casual and upscale dine-in restaurant industry. The loan proceeds will support ongoing product research and development with incremental liquidity to be used by the borrower for general corporate purposes.

Second Avenue Capital Partners (“SACP”), a lender specializing in asset-based loans for the broader retail and consumer products industry, is pleased to announce Eric Luukko has joined the firm as a Managing Director. Based in the Boston office, Eric’s portfolio will be wide-ranging and include detailed due diligence, collateral oversight, and loan operations for SACP.

When a west coast apparel brand needed a reliable factoring partner to support its ambitious growth for 2020, they aimed their spindle at Fast AR Funding. The apparel brand sought a financial partner that didn’t have any minimums, contracts or set up fees. As retailers reopen at different capacity levels across the country, the apparel brand wanted to freedom and flexibility to submit invoices only when they needed an advance. While the flexibility was required, they additionally wanted to avoid fees for months where they are unable to ship to a retailer. The brand expects to have a strong holiday season with the comfort of having Fast AR funding along for the ride.

Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, has secured a $225 million term loan facility with Hercules Capital, Inc. (NYSE: HTGC). The committed capital strengthens the Company’s balance sheet through the anticipated commercial launches of its two lead product candidates, AXS-05 for major depressive disorder (MDD) and AXS-07 for migraine, and extends its cash runway into at least 2024, based on current operating plans.

PopReach Corporation ("PopReach" or the "Company"), a free-to-play mobile game publisher focused on acquiring and optimizing proven game franchises, is pleased to announce that its wholly-owned subsidiary, PopReach Incorporated, has closed the previously announced US$7.5 million senior secured credit facility (the "New Facility") with a leading Canadian Schedule I Bank (the "Lender").

Wabash National Corporation (NYSE: WNC) today announced the closure of a new Term Loan due September 2027. The $150 million facility priced at Libor plus 325 basis points inclusive of a Libor floor of 75 basis points and bears no restrictive financial covenants. The Company intends to use the proceeds of the new loan to pay off its existing $135 million Term Loan due March 2022. Remaining proceeds have been used to pay related issuance costs and expenses as well as repay $10 million of the Company’s high yield notes, which are now its nearest maturity of outstanding debt, due October 2025.

FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, today announced its newly formed Advisory Board, comprising Senior Advisors Matthew Lyness, Uwe Manski and Eric Klein. Mr. Lyness, Mr. Manski and Mr. Klein each brings to FrontWell deep experience across capital markets, restructuring and insolvency and will work closely with FrontWell’s senior leadership and deal origination and underwriting teams.

North Mill Capital announced it provided $4 million revolving line of credit to Tropical Aquaculture Products, Inc. Tropical Aquaculture Products, Inc. is an importer and distributor of fresh seafood headquartered in Rutland, VT. The funds were utilized to pay off the current bank credit line and provide additional working capital for the company.

A&G Real Estate Partners today announced that it is now marketing leases for 163 recently closed Pizza Hut sites in 26 states in connection with its role as real estate advisor for multi-concept franchisee NPC International, Inc., which is restructuring under Chapter 11. All bids are due by October 23, 2020. The Melville, NY-based firm also continues to advise NPC on optimizing the real estate portfolio for the more than 1,000 of its Pizza Hut and Wendy’s locations that remain in operation.

Tree Line Capital Partners, LLC (“Tree Line”), and CVC Credit Partners (“CVC Credit”) provided an increase to their existing term loan to $127,300,000 to Ingenio to support an add-on acquisition. Tree Line served as Administrative Agent and Lead Arranger on the transaction.