TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NASDAQ: TCF), announced it has named Ed Milefchik as managing director of capital markets and international banking, and market manager of commercial and industrial (C&I) banking in Illinois and Wisconsin. In this blended role, he is responsible for leading capital markets by focusing on buy/sell loan syndications and developing new interest-rate hedging and international banking services.

Tina Capobianco has been promoted to Senior Vice President. Working out of the Mississauga, Ontario office. Matthew Johnson has been promoted to Vice President.

McFarland will be responsible for handling a portfolio of asset based and factoring clients along with working closely with NMC’s business development team in underwriting new business opportunities. His involvement will be on a national scope.

Rivera brings more than 20 years of banking experience, specializing in commercial, industrial, equipment, retail and transportation finance.

Three out of 4 businesses – 76% of midsize companies and 74% of small ones – are optimistic about their own performance, and the majority expect to grow sales this year (70% of midsize companies and 62% of small ones). They’re leaning into this expected growth through measures including more widespread adoption of new technology and increased hiring.

Expansion Capital Group (ECG) announced the appointment of Brittney Newell to Chief Financial Officer. Newell will oversee the company's Finance, Accounting, Human Resources, and Underwriting departments. Newell joined the ECG team in early 2015, and has played a critical financial leadership role in the transformation and growth of ECG.

"This interim amendment is a collaborative first step toward a comprehensive debt refinancing on an accelerated timeframe. With the assistance of B. Riley FBR, Inc. and our existing senior lender syndicate, we expect to further amend our Credit Agreement by January 20, 2020, well in advance of our March 15, 2020 requirement,” said Kenneth Young, B&W Chief Executive Officer.

As part of the acquisition, Kennedy Lewis has agreed to provide seller financing of $25 million in the form of a second lien loan. Kennedy Lewis has also agreed to assist with the refinancing of TSI’s existing term loan, with a follow-on commitment of up to $25 million of additional second lien debt. The closing and follow on commitment is conditioned upon TSI’s ability to reach acceptable terms with its existing term loan lenders. Until the acquisition closes, TSI and Flywheel have agreed to cross-market each other’s products.

CBAM Partners today announced the closing of a new $60 million Credit Facility led by RBC Capital Markets as Lead Arranger and Sole Bookrunner with lenders Royal Bank of Canada (RBC) as Administrative Agent and Barclays Bank PLC as Syndication Agent. Proceeds will be used to refinance a working capital facility provided by CBAM's parent, Eldridge Industries, and pursue growth initiatives including expansion into new geographies and seeding new investment strategies.

Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank and one of the leading financial institutions serving the blockchain industry, announced today it forged a relationship with Prime Trust, a technology-driven financial institution providing infrastructure solutions for the digital economy.

The law firm of Moritt Hock & Hamroff with offices on Long Island and in Manhattan has announced that Theresa A. Driscoll, Rachel A. Fernbach and Dylan Saperman, formerly counsel of the firm, have been elevated to partner, and that Julia Gavrilov, Jacquelyn J. Moran and Kelly D. Schneid, formerly associates at the firm, have been each elevated to counsel, effective January 1, 2020.

Drew McManigle, Founder and Managing Director of Houston-based MACCO Restructuring Group, LLC (MACCO), announced the opening of new offices in Wilmington, Delaware and Denver, Colorado together with several notable additions to the firm.

Piper Jaffray Companies and Sandler O’Neill + Partners, L.P. today announced the completion of their merger to become Piper Sandler Companies (NYSE: PIPR). The resulting company represents one of the broadest and most capable full-service investment banking platforms on Wall Street complemented by one of the largest securities distribution and trading franchises with market-leading research aligned to serve the middle-market.

BNP Paribas, a premier global banking partner, today announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (“RCF”) with Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP), structured as a sustainability-linked loan (“SLL”). This is one of the first SLLs offered in Canada and the first for BNP Paribas in Canada.

Tradewind Finance has closed a reverse factoring deal with a Hong Kong-based electronics company whose buyer is located in the United States. The deal marks the addition of a second supplier to the vendor finance program that Tradewind has set up for the US buyer.

The existing term loans of approx. EUR 1.2 billion will be replaced with new committed three- and five-year term loans for the same amount. The existing EUR 500 million revolving credit facility will be refinanced for the same amount with a five-year maturity plus two one-year extension options.

TAB Bank is pleased to announce it has received a “Best Factoring Companies” award from Factoring Club for 2020. Every year, Factoring Club selects the top factoring companies in the industry based on contract terms, customer service, and company leadership.

Constellis Holdings LLC, a security contractor backed by Apollo Global Management Inc., is in talks with creditors on a deal to restructure its $1 billion of debt, according to people with knowledge of the discussions.

36th Street Capital Partners LLC (“36th Street Capital”), an independent provider of alternative funding solutions for the equipment financing industry, announced the appointment of Thomas Linebarger as Senior Vice President of Business Development.