CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, North Carolina. The project is owned by Kayne Anderson Capital Advisors L.P., a leading alternative investment manager, and marks their first solar investment supplying the PJM Interconnection grid.

An educational software and technology firm in the northeast US approached LSQ to satisfy its working capital needs during the COVID-19 crisis. The company provides turnkey solutions to school districts so its students can work remotely and access class and homework assignments. While the company had received government stimulus funding, it was not sufficient to satisfy the new cash requirements from its foreign supply chain due to the impacts of COVID-19.

BHI, a full-service commercial bank, announced that it has appointed Jocelyn Bluth as Chief People Officer. Bluth joins BHI with more than 25 years of human resources experience in banking and financial services.

Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan to sign a multi-year contract within the next few months.

Imperial Capital Group, LLC (“Imperial Capital”), announced today that Simon Mullaly has returned to the markets to launch a European Private Credit Group in which he will serve as Head Trader. The European Private Credit Group will source private European credit investment opportunities for Imperial Capital’s institutional investors in both Europe and the US.

SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to P-D Valmiera Glass USA Corp. (“Valmiera”) in the sale of substantially all of its assets to Saint-Gobain Adfors America, Inc. (“Saint-Gobain”).

Latham & Watkins LLP is pleased to announce that George Klidonas has joined the firm’s New York office as a partner in the Restructuring & Special Situations Practice within the Finance Department. Klidonas focuses his practice on corporate restructurings, liability management transactions, recapitalizations, and other special situation transactions.

Marco Capital, Inc., a Miami, Florida-based trade receivables factoring specialist, grew its credit staff today with the hiring of two experienced credit professionals in domestic U.S. and cross-border LatAM transactions. Taking on the position of chief credit officer and SVP of Operations is Fred Leder, a 20-year veteran in the non-bank finance industry. Alisa Rusanoff takes on the role of senior credit officer, taking the lead in screening, evaluating and underwriting new business.

Retail inventory valuations bounced back quickly in May and June as large numbers of Americans responded to retail re-openings by hunting for bargains at liquidation sales, said executives from Tiger Capital Group in a webinar with analysts from Goldman Sachs.

The line of credit will enable the company’s expansion plans and the added VelocityTM Strech facility will support their new product ramp up.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM revolving A/R facility to a Logistics and Fulfillment Company. Proceeds from AFS’ revolver were used to support the Company’s growing customer base & near-term plans for expansion.

Love’s Financial, a member of the Love’s Family of Companies, has acquired two freight factoring companies: Vero Business Capital of Memphis, Tennessee, and Foley Business Capital of Omaha, Nebraska.

Bridge Bancorp, Inc. (Nasdaq: BDGE) (“Bridge”), the parent company of BNB Bank, and Dime Community Bancshares, Inc. (Nasdaq: DCOM) (“Dime”), the parent company of Dime Community Bank, today announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger of equals transaction, valued at approximately $489 million. The merger combines two complementary banking platforms to create a premier community-based business bank. The combined company will have over $11 billion in assets, over $8 billion in total deposits, and 66 branches spanning Montauk to Manhattan.

Community Bank of the Chesapeake is pleased to welcome Warren Rice as Senior Vice President, Commercial Loan Officer for the Calvert County market. In this role, he will focus on generating business lending opportunities while building banking relationships within the business community.

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it has successfully amended the agreements governing its outstanding debt, including its $650.0 million senior unsecured revolving credit facility, $2.0 billion of term loans and working capital facilities, and $100.0 million private placement senior notes. In addition, $242.6 million of the Company’s $300.0 million November 2021 debt maturity was extended to November 2022.

Moncler has signed a financing credit line granted by Intesa Sanpaolo SpA for a maximum amount of 400 million euros and based on a rewarding mechanism linked to the achievement of environmental impact reduction targets.

Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has amended the agreements governing its $1 billion unsecured revolving credit facility and $200 million unsecured term loan, and is also providing certain business updates in light of the ongoing COVID-19 (coronavirus) pandemic.

Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") announced today that it has finalized amendments to each of its corporate credit agreements (the "Amendments"), including its $500 million senior revolving credit facility and four term loan facilities totaling $575 million, as well as modifications to seven of its eight secured mortgage loans.

MiMedx Group, Inc. (OTC PINK: MDXG) (“MiMedx” or “the Company”), an industry leader in advanced wound care and an emerging therapeutic biologics company, today announced the closing of concurrent $150 million private equity and debt financings, consisting of an equity financing pursuant to a Securities Purchase Agreement with an entity controlled by EW Healthcare Partners and certain funds managed by Hayfin Capital Management LLP (“Hayfin”), and a debt financing pursuant to a Loan Agreement with Hayfin. As part of the transaction, EW Healthcare Partners has designated Martin P. Sutter and William A. Hawkins III to serve on the Company’s board as preferred directors.

Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that it has established a new credit facility with Bank of America. The new facility consists of a senior secured $12.5 million revolving credit facility, which includes a $5 million letter of credit sub-facility and an option to convert up to $5 million of the revolving credit facility into a term loan facility. The facility also includes an accordion feature under which the Company may request from time to time an increase in the revolving commitment of up to $5 million (for a total commitment of up to $17.5 million).