Enova International (NYSE: ENVA) and OnDeck® (NYSE: ONDK), today announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume weighted average price and a 90.4% premium based on the closing price of $0.73 per OnDeck share on July 27, 2020. This transaction brings together two complementary, market-leading businesses combining world-class capabilities in consumer and small business online lending.

J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in California; $75,000 to a transportation company in Quebec; $120,000 to a transportation company in Texas; $200,000 to a transportation company in Illinois.

Gordon Brothers, the global advisory, restructuring and investment firm, announced that Thomas Pedulla has joined the company as President of Real Estate. Pedulla will lead the growth and expansion of Gordon Brothers’ real estate group. Pedulla inherits a team of seasoned real estate professionals with a multidecade track record of successful transactions ranging from lease terminations and restructurings to fee-owned property acquisition and disposition.

Monroe Capital LLC today announced an increase in the credit facility to Magneto & Diesel Injector Service, Inc. (“M&D”) to support the acquisition of an Automotive Parts Company. M&D is an existing portfolio company of Warren Equity Partners. The automotive parts company is a provider of aftermarket and remanufactured components for heavy duty diesel engine repairs. M&D is a leading independent distributor and remanufacturer of aftermarket parts and components for maintaining and repairing diesel-powered engines.

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced Brett Goodwin has joined the firm as Chief Financial Officer. Brett will be based in Westport, CT and will be responsible for overseeing and managing the financial operations of the firm.

Pathlight Capital LP (“Pathlight”) announced it is serving as the Administrative Agent on the recently funded $70,000,000 Senior Secured Term Loan facility for Armstrong Flooring, Inc. (“Armstrong” or the “Company”), a global manufacturer of innovative flooring solutions serving customers in commercial and residential markets. The Term Loan, which was completed and funded on June 23, 2020, will be used for business transformation and growth initiatives, working capital needs and general corporate purposes.

TD Bank, America's Most Convenient Bank®, has appointed Jyotsana "Jo" Jagadish Head of Commercial Operating Products and Payment Innovation, a new role focused on developing and executing a strategy that positions TD as a partner of choice for commercial fintechs by engaging in market intelligence, developing potential partnerships and managing fintech relationships. In this role, Jagadish will also lead a team focused on mature commercial operating products and revenue management.

BMO Capital Markets acted as sole financial advisor to AgroFresh and left-lead bookrunner on the amendment and extension of AgroFresh’s senior secured credit facilities with Deutsche Bank and ING acting as joint lead arrangers and joint bookrunners. Greenberg Traurig, LLP acted as legal advisor to AgroFresh. Evercore and Kirkland & Ellis, LLP were the financial and legal advisors to Paine Schwartz, respectively. White & Case, LLP acted as the lenders’ counsel.

Bryant Park Capital ("BPC"), a leading middle-market investment bank, announced today that Multi Funding, Inc ("Multi Funding" or the "Company") recently closed on a $30 million senior debt transaction with a leading international bank. This capital injection will allow the company to accelerate top line revenue, expand its physical footprint, and operate as a significant player in the pre-settlement space. BPC served as the exclusive financial advisor to Multi Funding in connection with this transaction.

Bank Leumi USA announced today that it has appointed Jerry Lumpkins Commercial Real Estate Lead for Chicago. In this role, Lumpkins will focus on commercial investment real estate transactions, including multifamily, retail, office, and industrial properties throughout the Midwest. Lumpkins brings two decades of experience in commercial and real estate banking with 15 years’ expertise in the Chicago commercial banking market. He joins Leumi from BMO Harris Bank, where he was Director of Commercial Banking.

Sunwest Bank is pleased to welcome Paul Simmons as its new Executive Vice President and Chief Credit Officer. In this role, Simmons will be responsible for managing the bank's asset quality and lending portfolio to ensure it continues to meet the organization's goals. Prior to joining Sunwest Bank, Simmons held leadership roles with Citigroup, GE Capital, Apollo Real Estate Advisors and Zions Bancorporation. Simmons also served as Chief Credit Officer for two publicly held banks, Banc of California, and most recently, with Silvergate Bank.

TradeCap Partners, LLC (“TradeCap”) recently announced the closing of a $1,500,000 trade finance facility for a promotional products importer located in the Southwest. The company had experienced sizeable growth in fiscal year 2019, financed primarily with the help of favorable payment terms with its overseas supplier and a long standing factoring relationship. Growth in 2020 started out strong with performance exceeding projections.

The nation’s biggest mall owner is once again partnering to help save the bankrupt retailer Brooks Brothers. Sparc Group LLC, which is made up of Simon Property Group and Authentic Brands Group, has made a $305M bid for Brooks Brothers. The offer, which is subject to higher bids and court approval, is to purchase substantially all the retailer’s global business operations as a going concern and a commitment to keep at least 125 of Brooks Brothers’ stores open for business.

Rosehill Resources Inc. and Rosehill Operating Company, LLC announced today that they have commenced voluntary Chapter 11 cases (under the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, pursuant to the terms of the previously announced Restructuring Support Agreement (the “RSA”) between the Company, the lenders under Rosehill’s revolving first lien credit facility, holders of Rosehill’s second lien notes and the Company’s Series B Preferred Stock, and Tema Oil and Gas Company, as the holder of approximately 66.8% of the equity interests in the Company and 35.2% of the equity interests in Rosehill Operating and party to the Company’s Tax Receivable Agreement.

California Resources Corporation (OTC: CRCQQ) announced today that it has entered into an amended and restated Restructuring Support Agreement with approximately 85% of the holders of its term loans due 2017 and 68% of the holders of its unsecured and deficiency debt claims. Reflecting this consensus, CRC has filed a plan of reorganization in its chapter 11 case that provides for the elimination of over $5 billion of debt and mezzanine equity interest, the consolidation of CRC’s ownership in the Elk Hills power plant and cryogenic gas plant, and the payment of all valid trade, employee, retiree, customer, vendor, regulatory and contingent claims in full in cash in the ordinary course of business.

Encina Business Credit, LLC (EBC) announced today that it has provided a $12.5 million senior secured credit facility to a provider of digital and telephonic marketing services. The facility consists of a senior secured revolving line of credit based on accounts receivable. Loan proceeds will be used to pay down a portion of an existing term loan and to support ongoing working capital.

The weak global economy will lead to tighter-than-expected underwriting in the second half, and continue to weaken the performance of structured finance transactions around the globe, though in uneven ways across sectors and countries. The attached report represents Moody's structured finance credit analysts updated views on the factors influencing the credit quality of securitizations of all kinds, given the unprecedented economic shocks that followed the coronavirus pandemic.

Nuverra Environmental Solutions, Inc. (NYSE American: NES) (“Nuverra,” the “Company,” “we,” “us” or “our”) has entered into agreements with its lenders to extend the maturity date on its secured credit facilities and to modify the financial covenants to better reflect the Company’s current and projected financial profile. These amendments became effective on July 13, 2020 and consisted of a Third Amendment to its First Lien Credit Agreement with funds controlled by Ares Capital Management (“Ares”) and a Second Amendment to its Second Lien Credit Agreement with funds controlled by Ascribe Capital Management (“Ascribe”) and Gates Capital Management (“Gates Capital”).

Contemporaneously with the completion of the spin-off, Roadrunner's existing senior secured credit facility with BMO Bank Harris, N.A. will be terminated. Although the capital and banking structure of Roadrunner (post-spin-off) has not yet been finalized and specific terms remain to be determined, it is expected that Roadrunner will be capitalized following the spin-off with zero debt and sufficient liquidity and flexibility to pursue future growth opportunities.

Equifax® (NYSE: EFX) has increased its leadership in commercial credit data solutions with the acquisition of Ansonia Credit Data (Ansonia), a leading provider of business credit, collections, and account receivable data used by financial institutions and other creditors and businesses focused on the transportation and logistics industries. Ansonia will be integrated into PayNet, an Equifax company that provides credit and analytics on small and medium enterprises (SMEs) as part of the Equifax United States Information Solutions (USIS) business unit.