- Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands-$12M Fashion Brand
- Hilco Global Seeks Offers to Acquire Non-Core Patent Portfolio of Locus Fermentation Solutions
- Loeb Moves With Speed to Provide a Metal Processing Company With $1.2M in Equipment Financing
- Dwight Funding Announces Select Credit Facilities for Growth-Stage Consumer Brands-$1.5M - Footwear
- TSL Express Daily RSS Feed Reader Page
TSL Express Daily Articles & News
To submit company news and press releases toTSL Express, email tslexpress@sfnet.com.
Today's Top Story
Featured
CIT Northbridge Serves as Sole Lead Arranger on $20 Million Secured Credit Facility for Laurel Grocery
CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for Laurel Grocery Company LLC.
Headquartered in London, Kentucky, Laurel Grocery is a wholesale distributor of grocery products to more than 160 independent grocers in Georgia, Indiana, Kentucky, Ohio, Tennessee and West Virginia. The company, founded in 1922, also provides a range of business services, including accounting, insurance, merchandising, advertising and third-party warehousing and logistics.
Proceeds will be used to repay debt, finance growth initiatives and support ongoing operations.
TSL Express Trending Story
TSL Express Daily Headlines & News
-
Bumble Bee Foods Enters Into Asset Purchase Agreement and Commences Voluntary Chapter 11 Proceeding in U.S
November 21, 2019Bumble Bee Foods, one of North America’s largest branded shelf-stable seafood companies, announced today that it has entered into an asset purchase agreement with affiliates of FCF Co., Ltd., which has agreed to acquire the company’s assets for approximately $925 million.
-
Northern Oil and Gas, Inc. Announces Success of Consent Solicitation and Closing Schedule for New Credit Facility
November 21, 2019Northern Oil and Gas, Inc. today announced the results of its previously announced consent solicitation pursuant to which Northern solicited consents from holders of its outstanding 8.50% Senior Secured Second Lien Notes due 2023 to amend the indenture governing the Notes. Northern plans to settle the Consent Solicitation and related transactions and a newly amended and expanded $800 million Senior Secured Revolving Credit Facility.
-
Crestmark Appoints John Trendell II as Business Development Officer
November 20, 2019Crestmark is pleased to announce that John Trendell II has been named a business development officer where he has been serving as underwriting manager since 2014. John is based in Troy, Michigan and will report to James Farrell, senior vice president, sales manager.
-
Tennessee Bank & Trust Adds Long-Time Industry Veterans to Leadership Team
November 20, 2019Tennessee Bank & Trust, a full-service bank servicing individuals and businesses in middle Tennessee, today announced the additions of Chet Alexander as Chief Credit Officer and Sandi Lanier as Executive Vice President, Operations and Compliance. In these roles, Alexander and Lanier will oversee all credit and lending restructuring and the strategic operations and lending compliance for the bank, respectively.
-
Morrison & Foerster Strengthens Global Finance Transactions Capabilities with Accomplished Partner in New York
November 20, 2019Morrison & Foerster, a leading global law firm, is pleased to announce that Jay Gavigan has joined the firm’s New York office as a partner in its Lending + Financial Transactions Group. Mr. Gavigan is an internationally recognized finance lawyer who brings to the firm 25 years of experience advising clients on a wide range of financial transactions, including acquisition and leveraged finance, project finance, asset finance, syndicated credits, real estate finance, and workouts.
-
BBVA USA Promotes Industry Veteran Jon Rebello to the Position of Austin CEO
November 20, 2019Rebello was previously the bank’s Texas Border & Gulf Coast Region CEO, where he oversaw the El Paso, Laredo, Rio Grande Valley, Corpus Christi and Beaumont markets. BBVA’s previous Austin CEO, Dillan Knudson, has accepted the position of BBVA USA Houston CEO.
-
CIT Launches One Million Meals Campaign to Fight Hunger
November 20, 2019CIT Group Inc. (NYSE: CIT) today announced the start of the second annual One Million Meals campaign in partnership with Feeding America® to fight hunger this holiday season. Customers, employees and social media followers are invited to join in donating One Million Meals1 to people in need. Participants can help direct the donations by choosing to support Feeding America's Mobile Pantry Program or MealConnect Program.
-
Loughton Mifflin Harcourt Announces Pricing of Private Offering of Senior Secured Notes Due 2025
November 20, 2019Learning company Houghton Mifflin Harcourt ("HMH" or the "Company") (HMHC) announced today that it priced an offering of $306.0 million aggregate principal amount of 9.000% Senior Secured Notes due 2025 (the "Notes"). The Notes will be issued by the Company's wholly owned subsidiaries, Houghton Mifflin Harcourt Publishers Inc., Houghton Mifflin Harcourt Publishing Company and HMH Publishers LLC. The Notes were offered in a private offering exempt from registration under the Securities Act of 1933, as amended (the "Securities Act").
-
Moritt Hock & Hamroff Announces New Resource for the Secured Lending and Equipment Finance Sectors
November 19, 2019Moritt Hock & Hamroff LLP (MH&H) announced a new resource for companies in the secured lending and equipment finance industries. The firm’s Secured Lending, Equipment & Transportation Finance practice area has created a blog featuring posts that provide timely insights on many legal issues facing these industries.
-
Ware2Go Announces Collaborative Agreement With Fundera
November 19, 2019Ware2Go, a UPS Company and on-demand fulfillment network designed to help merchants enhance their delivery experiences, today announced a collaboration with Fundera, the leading online marketplace for small business financial solutions. The agreement will ease access to the services and insights merchants need to grow by combining cutting-edge logistics capabilities with a myriad of financing options from top bank and online lenders, as well as credit card issuers.
-
Byline Sponsor Finance Supports Benford Capital Partners and James Abraham in Their Recapitalization of Warehouse-Lighting
November 19, 2019Byline Sponsor Finance ("BSF") announced that it has provided revolver and term credit facilities to finance Benford Capital Partners' recapitalization of Warehouse-Lighting (“WHL” or the “Company”). BSF was represented by Duane Morris, LLP.
-
CIT Receives OCC Approval to Acquire Mutual of Omaha Bank
November 19, 2019CIT Group Inc. (NYSE: CIT) today announced that the Office of the Comptroller of the Currency (OCC) has provided regulatory approval for Mutual of Omaha Bank to be merged into CIT's banking subsidiary, CIT Bank, N.A. Subject to the receipt of certain other regulatory approvals and waivers and completion of the other customary closing conditions, CIT expects to close the transaction in the first quarter of 2020.
-
The Flowr Corporation Closes $25 Million Credit Facility
November 19, 2019The Flowr Corporation (TSXV: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it has closed its previously announced credit facility from a syndicate of lenders led by ATB Financial (“ATB”) and including Farm Credit Canada. The $25 million facilities consist of a $24.5 million recapitalization term facility and a $500,000 revolving operating credit facility (together the “ATB Credit Facilities”).
-
Kevin Fretz Named BBVA USA Director of Franchise Finance
November 19, 2019BBVA USA announced today that it has promoted Kevin Fretz to the position of BBVA USA Director of Franchise Finance. Fretz will be tasked with managing the bank's franchise finance division, helping clients throughout the customer journey of obtaining, operating and maintaining their franchise. He boasts more than 20 years of experience in the financial industry in various roles.
-
GlobalSCAPE Announces $55 Million Credit Facility
November 19, 2019GlobalSCAPE, Inc. (NYSE American: GSB) (the "Company"), a worldwide leader in the secure movement and integration of data, today announced it has entered into a five-year, $55 million senior secured credit facility with a syndicate of banks led by J.P. Morgan.
-
Dorsey & Whitney Names New Partners
November 18, 2019Representing multiple offices and legal specialties, the new partners span Dorsey’s breadth of practices.
-
Banc of California Names Lynn Hopkins Executive Vice President and Chief Financial Officer
November 18, 2019Ms. Hopkins succeeds Executive Vice President and CFO John Bogler, who resigned from the Company effective November 13, 2019. Mike Smith, the Company’s Chief Accounting Officer, has been appointed interim CFO until Ms. Hopkins joins the Company on December 9, 2019.
-
United Bankshares, Inc. and Carolina Financial Corporation to Combine to Form Leading Community Bank in the Southeast and Mid-Atlantic
November 18, 2019United Bankshares, Inc. (“United”) (NASDAQ: UBSI), the parent company of United Bank (“United Bank”), and Carolina Financial Corporation (“Carolina Financial”) (NASDAQ: CARO), the parent company of CresCom Bank (“CresCom”), today announced that they have entered into a definitive merger agreement.
-
Lazard UK Investment Banking Launches New Venture and Growth Banking Team
November 18, 2019Lazard Ltd (NYSE: LAZ) announced today that it has launched a new team called Lazard Venture and Growth Banking and appointed Garri Jones and Nick James as Managing Directors in its UK Investment Banking business. Garri and Nick will join in January from Numis where they ran a successful ventures practice.
-
Enviva Partners, LP Announces Launch of $450.0 Million Offering of Senior Notes and Provides Notice of Conditional Early Redemption of the Existing 2021 Notes
November 18, 2019Enviva Partners, LP (NYSE: EVA) (the “Partnership” or “we”) today announced that, subject to market conditions, it intends to offer, with its wholly owned subsidiary Enviva Partners Finance Corp., $450.0 million in aggregate principal amount of senior unsecured notes due 2026 (the “2026 Notes”) in a private placement to eligible purchasers.
The Secured Lender
SFNet's The Women in Secured Finance Issue
© 2026 Secured Finance Network
