VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON) announced today that its subsidiary VEON Holdings B.V. has successfully entered into a new RUB 100 billion, approximately USD 1.5 billion1, bilateral term loan agreement with Sberbank. The loan will be used to refinance and extend the maturity of the existing loan between Sberbank and VEON Holdings, as well as to provide additional funds for general corporate purposes.

QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) announced today that it has entered into an amendment to its existing credit agreement with Wells Fargo Bank, National Association, and other lenders (the Credit Agreement).

A growing number of suppliers are using their receivables as a source of liquidity to alleviate financial strains in the wake of the coronavirus pandemic, according to Maureen Sullivan, Head of Supply Chain Finance at Mitsubishi UFJ Financial Group (MUFG). Receivables are legally enforceable claims for payment held by a business for the goods it supplies or services it renders that customers have ordered but not paid for. These claims usually take the form of invoices issued by the supplier and delivered to the buyer for payment within an agreed timeframe.

North Mill Capital announces the funding of a $1,750,000 asset-based revolving line of credit to a wholesaler and distributor of pure maple syrup in Wisconsin; $500,000 accounts receivable credit facility to an Illinois manufacturer of springs and metal stamping for the automotive industry and $500,000 accounts receivable credit facility to a trucking company in Pennsylvania.

J D Factors announced it has provided the following factoring facilities: $120,000 to a transportation company in Illinois; $200,000 to a jewelry wholesale and distribution company in California; $50,000 to a transportation company in South Carolina; $300,000 to a transportation company in Maryland; $100,000 to a transportation company in Ontario; $200,000 to a shipping company in Texas and $500,000 to a transportation company in New York.

Brooks Brothers is talking to banks about raising financing for a potential bankruptcy that could come as soon as July, as the coronavirus pandemic squeezes the sales of the two-century-old retailer, people familiar with the matter tell CNBC. Brooks Brothers is continuing a sale process it launched earlier this year to heavy interest, and could still conduct a sale without filing for bankruptcy, these people say.

SB Financial Group, Inc. (NASDAQ: SBFG) ("SB Financial"), parent company of State Bank and Trust Company ("State Bank"), announced today the successful closing of the previously announced merger with Edon Bancorp, Inc. (Private) ("Edon Bancorp"), parent company of The Edon State Bank Company of Edon, Ohio ("Edon State Bank"). The merger agreement was unanimously approved by the Boards of Directors of both bank holding companies and their subsidiary banks in accordance with the terms of the previously announced agreement.

TPG Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today announced that it will change its name to Sixth Street Specialty Lending, Inc., effective June 15, 2020. The new name reflects the previously announced completion of an agreement between Sixth Street Partners (“Sixth Street”) and TPG to become independent, unaffiliated businesses.

President Donald Trump on Friday signed into law legislation that makes a number of changes to the Payroll Protection Program.

Tuesday Morning Corporation (NASDAQ: TUES) today announced that the Company has obtained a commitment from BRF Finance Co., LLC, an affiliate of B. Riley Financial, Inc. (NASDAQ:RILY) (“B. Riley”), for $25 million of debtor-in-possession (“DIP”) financing as required by the Company’s current $100-million DIP agreement with its existing lender group. With this commitment, the Company has secured commitments for a total of $125 million to support the continuity of operations during Chapter 11 proceedings.

CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (“Vbrick”), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia, the credit facility will be used to accelerate its rapid growth trajectory with investments in new customer acquisition and product innovation.

After five hours of testimony, the judge rejected on argument by creditors who considered the financing to be “predatory.”

Green Plains Partners LP (NASDAQ:GPP) and Green Plains Inc. (NASDAQ:GPRE) announced today the successful refinancing of the partnership’s debt facility which was arranged by Bank of America. The loan was approved by all of its existing lenders and became effective on June 4, 2020.

Global law firm Ropes & Gray has strengthened its European restructuring and special situations offering with the appointment of Matthew Czyzyk as a partner in its business restructuring group. Matt will be based in London. A leading special situations and restructuring lawyer, Matt has broad experience acting for a wide range of stakeholders, including debtors, banks and alternative capital providers. He has advised on transactions across the credit spectrum, including cross-border and domestic financial restructurings, lending transactions, and distressed and recovery situations.

Republic Business Credit funds a West Coast apparel manufacturer with a non-recourse factoring facility to help fill summer orders for a large retailer.

Leading finance technology company White Clarke Group is pleased to announce the release of a country survey for the USA. In association with the World Leasing Yearbook, this annual survey aims to provide an assessment of the national leasing markets in the US, focusing on the period up to mid-2019. Comprised of in-depth research conducted on behalf of the Equipment Leasing & Finance Foundation by Keybridge Research, the survey offers a wealth of economic and industry insights, including the size of the equipment finance market before the impact of the Coronavirus pandemic.

Crestmark secured a total of $14,340,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance provided $2,269,805 in two new lease transactions; Crestmark Vendor Finance provided $8,645,911 in 90 new lease transactions; and the Government Guaranteed Lending group provided $5,965,000 in financing for two new clients in the second half of May.

Metropolitan Partners Group Management, LLC ("Metropolitan"), a direct-lending fund manager that provides senior-secured, transitional capital to small and mid-sized businesses in the U.S., recently completed an investment in International Literary Properties LLC ("ILP"). ILP was set up to acquire the rights in literary estates from those who have inherited them, or from living authors seeking financial certainty from an experienced and engaged buyer.

Online trade finance scale-up Stenn has secured participation from Barclays Bank, Coface SA, and Crayhill Capital Management LP in its latest investment round. The funding is for its core trade financing programme, Stenn Assets Funding, now sized at half a billion dollars.

Acting Comptroller of the Currency Brian P. Brooks today expressed concerns about the effects of regional and local responses to COVID-19 on the federal banking system. In letters to the National League of Cities, the U.S. Conference of Mayors, and the National Association of Governors, the Acting Comptroller of the Currency urged mayors and governors to consider the adverse impact of long-term regional economic shutdown on the nation's banks when making their decisions.