- Squire Patton Boggs Launches Sovereign Advisory Group with Addition of Potomac Group Founder Jill Dauchy
- AIO Logic Announces Lydia Taylor as Executive Lead for Business Development
- Market Sizing Study
- Republic Business Credit Adds Jerry Friedrichs as Senior Vice President to Strengthen Underwriting Excellence
- JPalmer Collective Expands Team with Jonathan Joubran in Business Development Officer Role
TSL Express Daily Articles & News
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SG Credit Opens Denver, CO Office
SG Credit Partners today announced that Spencer Brown has been promoted to Managing Director and has opened a Colorado office. In this role, he will continue leading the coverage efforts for originating and closing structured cash flow, collateral based, recurring revenue, high net worth and special situations credit facilities in the Rocky Mountain and Southwest regions.
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IBERIABANK Names SVP, Director of Music and Entertainment, a division of IBERIABANK Sports & Entertainment Banking
November 4, 2019IBERIABANK, the 132-year-old subsidiary of IBERIABANK Corporation, is pleased to announce that Peggy Dold has been named Senior Vice President and Director of Music and Entertainment in Nashville Tennessee, a division of IBERIABANK's Sports & Entertainment Banking.
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Corporate Finance Partner Jeffery Norton Rejoins O’Melveny in New York from Dechert
November 4, 2019A highly respected leveraged finance advisor, Norton most recently practiced at two other international law firms, serving as U.S. managing partner and finance practice head at one. In addition to advising direct lenders, middle-market banks, private equity sponsors, and large corporations in domestic and cross-border transactions, Norton has served for more than a decade as counsel to a number of leading international banks.
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Capital One Provides $285 Million Bridge Loan Refinancing for Seniors Housing Portfolio
November 4, 2019Capital One announced today that closed a $285 million bridge loan to refinance a portfolio of 13 senior living communities owned by Prime Care, LLC. They consist of 1,081 assisted living, 301 memory care, and 85 skilled nursing units located in seven states. Sunrise Senior Living manages 11 of the facilities while Harbor Retirement Associates manages two.
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TCF Middle Market Banking Provides Secured Financing to Support Slifco Electric, LLC
November 4, 2019TCF Middle Market Banking (TCFMMB), a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) (NASDAQ: TCF), today announced that it provided secured financing to support Slifco Electric, LLC.
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Monticello Asset Management Appoints Kim Gordon to Oversee Working Capital Division
November 4, 2019Monticello Asset Management, a New York-based private real estate and asset-based lender, servicer and manager has appointed Kim Gordon as managing director of working capital. Gordon brings over 30 years of commercial lending experience including asset-based lending, with a focus on the healthcare industry.
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Pengrowth Energy Corporation Announces Transaction With Cona Resources Ltd.
November 4, 2019Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund, pursuant to which the Purchaser has agreed to repay the outstanding principal amount and accrued interest to the date of the Arrangement Agreement owing under the Company’s credit facility (the “Credit Facility”) .
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Karina Davydov Joins Gemino Healthcare Finance
November 4, 2019We are pleased to announce that Karina Davydov has joined Gemino Healthcare Finance and will also be working with North Mill Capital. Karina brings with her more than fifteen years’ experience in financial services industry most recently in her role as a Healthcare Lender at BankFinancial. She will be focused on marketing and loan origination in the Midwest, based out of Gemino’s Chicago office.
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Celtic Capital Corporation Announces New Client Relationship
October 31, 2019Celtic Capital Corporation announced its most recent new client relationship – a California-based company that manufactures high end furniture. This borrower had a long-term relationship with its bank but after losses and covenant violations, was asked to seek alternative financing.
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Hovnanian Enterprises Completes Refinancing Transactions
October 31, 2019Hovnanian Enterprises, Inc. (NYSE:HOV) (“Hovnanian” or the “Company”) announced today that it has closed several refinancing transactions that extend the maturities of over $700 million of the Company’s debt, including addressing all near-term maturities through 2021, as well as proactively extending approximately 50% of its upcoming maturities in 2022 and 2024. Additionally, the Company refinanced its $125 million secured revolving credit facility, which had revolving commitments terminating in December 2019, to a new secured revolving credit facility (the “New Revolver”) maturing in 2022.
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Finance Transformation Expert David White Joins FTI Consulting
October 31, 2019FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of David White as a Senior Managing Director and Leader of the West region of the Office of the CFO Solutions practice within the Corporate Finance & Restructuring segment.
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TAB Bank Provides Organic Foods Company in Pennsylvania with a $5.5 Million Asset-Based Credit Facility
October 31, 2019TAB Bank is pleased to announce it has provided a $5.5 million asset-based revolving credit facility for an organic foods company located in Pennsylvania. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
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BFS Appoints Carol Apicella Senior Vice President and Business Development Officer
October 31, 2019Bibby Financial Services is delighted to announce a new addition to our team, Carol Bader Apicella. Ms. Apicella joined our team in mid-October as a Senior Vice President and Business Development Officer. We look forward to the expert insight Ms. Apicella will bring to BFS.
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Next Edge Capital Corp. Closes Credit Facility For $47,500,000 From CIBC
October 31, 2019Next Edge Capital Corp. (“Next Edge Capital”) is pleased to announce the closing of a revolving credit facility for $47,500,000 USD with CIBC1 and NELI Canada LP2, a special purpose funding vehicle utilized by the Next Edge Private Debt Fund (the “Fund”).
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Greypoint Capital Adds Jeffrey Weber To Management Team
October 31, 2019Greypoint Capital Inc. ("Greypoint" and/or "Company"), a Canadian alternative lender for middle market companies, is pleased to announce that Jeffrey Weber has recently joined the Company as Senior Vice President.
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Ropes & Gray Names 16 New Partners
October 31, 2019Global law firm Ropes & Gray announced today that 16 attorneys have been named partners of the firm, and that eight attorneys have been named counsel, all effective November 1. With these partner promotions—9 women and 7 men—30% of Ropes & Gray's partners are women. The largest geographic concentration of new partners is in New York, where the firm has more than 400 lawyers.
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Olympia Sports Selects SB360 Capital Partners As Exclusive Agent to Conduct Closing Sale for 76 Stores
October 31, 2019Olympia Sports, the prominent Maine based athletic footwear and apparel chain, has selected SB360 Capital Partners LLC (www.sb360.com), as their exclusive agent to conduct “Store Closing” sales in 76 stores. Olympia, which was recently acquired by sports retailer JackRabbit, will continue to operate its remaining 75 stores under the Olympia Sports’ banner. The 76 closing stores were not part of the acquisition.
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SG Credit Partners Provides $2 Million Second Lien Cash Flow Loan Secured By Real Estate
October 31, 2019SGCP provided a $2 million second lien cash flow loan to the Company secured by a second deed of trust on the corporate real estate which enabled the Company to execute on its new contracts and grow the business.
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Ribbon Raises $30 Million Series B and $300 Million in Debt to Expand its Home Buying Platform
October 30, 2019Ribbon announced today it has raised $330 million in equity and debt financing, to facilitate the company's expansion into new markets, and accelerate product development efforts. The company, which helps consumers more easily and efficiently buy homes, closed a $30 million Series B round of funding led by Greylock, and secured a debt facility with Goldman Sachs that, in addition to a previous facility, provides current financing capacity to $300M upon closing and may be increased by an additional $220M,
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Anand Ramachandran Joins Regions Bank Corporate and Institutional Markets Group as a Managing Director
October 30, 2019Regions Bank today announced that Anand Ramachandran has joined the firm as a Managing Director, reporting to Robert Heffes, Managing Director and Head of Trading and Credit Distribution and CEO of Regions Securities LLC.
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New Cape Ann YMCA to be Built with $15 Million in New Markets Tax Credits from TD Community Development Corporation
October 30, 2019Gloucester, Massachusetts, residents can look forward to having more opportunities for a better life with the recent groundbreaking on a new Cape Ann YMCA facility. The new YMCA, operated by the YMCA of the North Shore, Inc., will provide affordable access to health and child care programs along with new jobs in the community.
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