- Block, Inc. Enters into an Amended and Restated Revolving Credit Agreement
- Richard Sumida Joins CohnReznick as National Assurance Partner
- Pathlight Capital Serves as Administrative Agent on $415,000,000 Senior Secured Credit Facility for SelectQuote, Inc.
- Betre Gizaw, former Stripe Chief Counsel for Global Strategic Initiatives, Rejoins King & Spalding’s International Trade Team
- Mitsubishi HC Capital America Closes $80 Million in Strategic Co-Lending Deals, Including Cross-Border Transaction with Canada
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
Jonathan Bloom Joins Tiger Group as Senior Director of Business Development
Jonathan Bloom—an asset-based lending and restructuring professional who brings decades of experience in commercial and industrial (C&I) and accounts receivable (A/R)assets has joined Tiger Group as Senior Director of Business Development. Bloom’s hiring further expands Tiger’s C&I and A/R category expertise as the company continues to grow its lending, valuation and disposition businesses.
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Interview with Sameer Kapoor, Member of SFNet’s Inclusiveness Committee
Sameer Kapoor is a seasoned Bankruptcy, Restructuring & Creditor Rights partner at Parker, Hudson, Rainer & Dobbs LLP, who provides legal support and advice to clients in defaulted loan workouts, various types of creditors’ rights litigation matters, and bankruptcy cases. Sameer’s client-first approach focuses on providing practical legal advice that efficiently and effectively mitigates the various types of risk faced by lenders.
TSL Express Daily Headlines & News
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Republic Business Credit Funds $1,000,000 Non-Recourse Factoring Facility for Apparel Manufacturer
June 16, 2025Republic Business Credit successfully funded a $1,000,000 non-recourse factoring facility for a prominent Los Angeles-based fashion and textile manufacturer. Republic's tailored solution provided the company with an outsourced accounts receivable partnership, cash flow support and resources to identify the creditworthiness of its customers.
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Rosenthal Capital Group Closes $9.5 Million Asset-Based Loan Facility For New Jersey-Based Graphic Printing Manufacturer
June 16, 2025Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of a $9.5 million asset-based loan facility for a large-scale manufacturer of graphic printing solutions.
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Wintrust Business Credit Announces $100 Million Asset-Based Line of Credit for Sporting Goods Distributor
June 16, 2025Wintrust Business Credit (WBC) announces the closing of a new $100 million asset-based revolving line of credit to this Midwest-based distributor. WBC acted as the administrative agent and lead arranger for the new credit facility.
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Blank Rome Expands Dallas Office with Addition of Leading Litigators David M. Clem and Megan A. Altobelli
June 16, 2025Blank Rome LLP is pleased to announce that partner David M. Clem and associate Megan A. Altobelli have joined the firm’s nationally recognized Business Litigation group and Financial Services industry team.
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Aviation Capital Group Closes $1 Billion Delayed Draw Secured Term Loan
June 16, 2025Aviation Capital Group LLC (“ACG”) announced today the closing of a $1 billion delayed draw secured credit facility entered into with a syndicate of lenders and maturing in June 2027.
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KeyBank Wants to Boost Commercial Team Hires by 10% This Year
June 16, 2025KeyBank is on track to increase its commercial banker headcount by 10% this year – targeting 170 to 180 commercial bankers by the end of 2025 – and plans to pursue more team hiring, Ken Gavrity, head of Key’s commercial bank, said Wednesday.
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CleanCapital Expands Distributed Generation Credit Facility with Rabobank, Leveraging Energetic Capital’s EneRate Credit Cover®
June 16, 2025CleanCapital, a leading independent power producer and investor in distributed clean energy assets, has expanded its warehouse credit facility with Rabobank, a premier global food and agribusiness bank and a leading financier of the energy transition.
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Natalia Ahmad Joins Barclay Damon
June 16, 2025Barclay Damon announces Natalia Ahmad, associate, has joined Barclay Damon’s Real Estate and Financial Institutions & Lending Practice Areas. Her primary office location is Syracuse.
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RSM US Middle Market Business Index Reveals Early Impacts of Trade War
June 16, 2025Survey results suggest economic pullback as middle market firms slow CapEx and hiring plans
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Sunnova Secures Interim Court Approval for Debtor-in-Possession Financing
June 16, 2025Sunnova Energy International Inc. (“Sunnova” or the “Company”) today announced that it has received approval for a series of strategic transactions intended to support a value-maximizing sale process as part of its ongoing Chapter 11 proceedings.
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Carnival Corporation & plc Announces New $4.5 Billion Revolving Credit Facility to Upsize and Extend the Company's Revolver Capacity
June 16, 2025Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) (the "Company") today announced that it has successfully arranged a new $4.5 billion multi-currency revolving credit facility (the "New Revolver"). The New Revolver matures in June 2030 and will replace the existing multi-currency revolving credit facility of Carnival Holdings (Bermuda) II Limited, a subsidiary of Carnival Corporation. The New Revolver also contains an accordion feature, allowing for up to $1.0 billion of additional revolving commitments.
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WhiteHawk Capital Partners Announces $70 Million Senior Secured Term Loan to a Leading Operator in the Food Distribution and Logistics Sector
June 16, 2025WhiteHawk Capital Partners has provided a $70 million senior secured term loan to an online grocer focused on providing fresh, high-quality, and locally sourced products to customers.
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GA Group Bolsters Field Exam Practice with the Addition of Lawrence Jasper
June 16, 2025Lawrence has over 27 years of expertise in Asset-Based Lending (ABL) diligence, with an impressive 19 years as Executive Director for JPMorgan Chase's Field Examination Group. In that capacity, he oversaw all aspects of collateral diligence for ABL borrowers across both Investment and Commercial Bank sectors. His leadership and understanding of the various credit and collateral risks extended to transactions ranging from $5 million to $6 billion, including direct lending and private equity deals.
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Clear Channel Outdoor Holdings, Inc. Amends and Extends Credit Facilities
June 16, 2025Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) (the "Company") today announced that it has amended its Receivables-Based Credit Facility and Revolving Credit Facility (together, the "Amendments") with Deutsche Bank AG New York Branch as administrative agent.
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SFNet Member Spotlight: Accelerated Payments Canada Inc.
June 13, 2025Accelerated Payments provides flexible Invoice Finance solutions to businesses with an immediate need for working capital to fund new opportunities for growth. We make it simple, affordable and quick to access funds.
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Largo Announces $10 Million Factoring Facility to Accelerate Receivables and Support Working Capital
June 13, 2025Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces that its wholly owned subsidiary, Largo Resources USA ("LUSA"), has entered into a non-recourse factoring facility dated June 10, 2025 (the "Facility") with a well-established third-party factoring company (the "Factor") for the sale of certain accounts receivable.
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Pemberton Expands to Meet North American Investor Appetite for European Private Credit
June 13, 2025Pemberton Asset Management, one of Europe’s leading private credit managers, has today announced a series of senior North American appointments, alongside the establishment of a New York office.
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Lafayette Square Provides Financing to Support Ickler Electric's ESOP
June 13, 2025Lafayette Square announced today that it has provided debt and equity capital to support Mosaic Capital Partners LLC's ("Mosaic") investment in IE Group Holdings, Inc. ("Ickler Electric" or "Ickler"), a leading San Diego-based electrical contractor serving mission-critical industries, through a newly formed employee stock ownership plan (ESOP).
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91% of Companies Prioritize Tariff Impact Management in Keybank's Latest Middle Market Pulse Survey
June 13, 2025KeyBank (NYSE: KEY) today released the results of its Middle Market Sentiment Pulse Survey, which was conducted in May 2025 to gauge the current state of the middle market amid economic uncertainty.
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Redeux Energy Secures $30 Million Letter of Credit Facility to Support Solar and Battery Storage Project Development
June 13, 2025Redeux Energy Partners LLC ("Redeux"), a leading utility-scale solar and energy storage development company, today announced the close of its new $30 million revolving letter of credit facility ("LC Facility") with Macquarie Group ("Macquarie").
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