- Banking and Finance Partner Rhéa Christophilopoulos Joins Jones Day in Paris
- RadNet Announces a Proposed $200 Million Incremental Term Loan to Fund Strategic Growth Opportunities
- GA Group Launches Dedicated Transaction Opinions Practice with Elite Leadership Team
- Market Sizing Study
- Latham Represents Trinseo in Restructuring Approximately US$3.0 Billion of Funded Debt
TSL Express Daily Articles & News
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Moritt Hock & Hamroff Expands Bankruptcy Practice with Addition of Two New Attorneys
Moritt Hock & Hamroff (MH&H) announced that two new attorneys joined the firm’s Creditors’ Rights, Restructuring & Bankruptcy practice group: Allison Arotsky and Michael C. Troiano. Each focusing in restructuring matters, Arotsky and Troiano will be adding to MH&H’s more than 40-year-long leadership role in the creditors’ rights sector.
Marc L. Hamroff, managing partner of MH&H, said, “We are delighted to build on our longstanding reputation and excellence in servicing the creditors’ rights, restructuring, and bankruptcy industry by adding two outstanding attorneys to our practice. Both Allison and Michael are expected to make an immediate positive impact on our services to our clients in these areas through their proven expertise, skills, and knowledge of bankruptcy law.”
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TSL Express Daily Headlines & News
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Maxim Commercial Capital Funded 129 Businesses in 2Q 2019
July 23, 2019Maxim Commercial Capital is pleased to announce it provided hard-asset secured financing to 129 small and mid-sized businesses (SMBs) during the second quarter of 2019.
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Lendio Acquires Billy, Unveils Cloud-Based Small Business Accounting Platform with Integrated Access to Capital
July 23, 2019Lendio, the nation’s leading marketplace for small business loans, announced the acquisition of Billy and the launch of its bookkeeping software for small businesses.
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Tim Hadro to Retire as Chief Credit Officer of Byline Bancorp, Inc., Owen Beacom Named Successor
July 23, 2019Byline Bancorp, Inc. (NYSE: BY) announced that Tim Hadro has announced his desire to retire and step down as Chief Credit Officer effective July 31, 2019. He will remain an advisor with the Company and assist in the transition.
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Columbia Bank Taps Veteran Jeff Singer As Senior Vice President And Eugene Market Regional Manager
July 23, 2019Columbia Bank (NASDAQ:COLB) announced that it has hired industry veteran and long-time Eugene market leader Jeff Singer. For the past 23 years, Jeff held multiple positions at Umpqua Bank, including his most recent position as Senior Commercial Relationship Manager.
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Steven Evans Joins First Sound Bank as Senior Vice President and Manager of Commercial Banking
July 23, 2019Evans brings over 20 years of finance and sales management experience to the bank. Evans was a top producer and received several awards growing financial portfolios in various markets in the US, Canada and abroad.
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Tiffany Chung joins Pinnacle Bank as Senior Vice President, Senior Relationship Manager
July 23, 2019Chung brings over 27 years of bay area banking experience to Pinnacle Bank. She began her career with Wells Fargo and had been with Boston Private Bank and Trust in Palo Alto for the past 13 years.
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Thermo Credit, LLC Announces $500,000 Funding of UCI2, LLC
July 23, 2019The 17-year-old Tampa-based company provides cellular network construction, upgrade and maintenance services, including the resources for new construction, as well as repairs and restoration. The acquired financing will be used for working capital and business expansion.
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Austin Financial Services Closed a $3MM Revolving Credit Facility to a Manufacturer and Seller of Rotational Molded Plastic Products
July 23, 2019Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3MM senior secured credit facility comprised of an AR and inventory revolver with an M&E T/L to a manufacturer and seller of rotational molded plastic products.
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Monroe Capital Supports Insight Partners’ Acquisition of Recorded Future
July 23, 2019Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Recorded Future by private equity sponsor Insight Partners.
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Avidbank Holdings, Inc. Announces Net Income of $3,183,000 for the Second Quarter of 2019
July 23, 2019Avidbank Holdings, Inc. ("the Company") (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and individuals primarily in Northern California, announced unaudited consolidated net income of $3,183,000 for the second quarter of 2019 compared to $2,666,000 for the same period in 2018.
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Equiniti Riskfactor Appoints Michael Stock as Head of Operations
July 23, 2019Michael Stock joins as Head of Operations from ABN AMRO to lead on operational management. Equiniti Riskfactor gains seven new clients in past year in North American market as it continues to succeed in its global growth strategy.
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Gulf Coast Business Credit Welcomes 2019 Summer Interns
July 22, 2019GCBC offers interns hands-on training in finance, sales/marketing, accounting and underwriting. Meg Roberson, GCBC’s Senior Vice President noted, “We are thrilled to welcome Lacey Bohanan, Kyle Hladky, Will Huber, Mike Mondragon and Sam Wheeler to GCBC.
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North Mill Capital LLC Announces the Addition of Tammy Bowling, as its Vice President, Invoice Based Financing, East Coast Director
July 22, 2019Prior to joining North Mill, Bowling worked at Riviera Finance. She has over 22 years of lending experience ranging from underwriting to senior account executive.
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Abacus Finance Announces a Further Expansion of its Team With the Hiring of Two New Investment Professionals
July 22, 2019Abacus Finance Group, LLC, a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of companies with $3 million to $15 million in EBITDA, today announced the hiring of Seth I. Friedman as a managing director and Austin Rendell as an analyst.
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MidCap Business Credit Closes on a $2,000,000 Asset Based Credit Facility for Pavement Corporation
July 22, 2019MidCap Business Credit announced today they have closed on a $2,000,000 asset-based credit facility for Pavement Corporation, a portfolio company of Vicour and Spring Capital Partners out of Baltimore, MD.
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Rosenthal Provides $3M PO Finance Facility for NY-Based Importer
July 22, 2019Rosenthal & Rosenthal, Inc., the leading independent factoring, asset-based lending and purchase order financing firm in the United States, announced the completion of a recent $3 million inventory production finance deal for an importer of dinnerware and glassware.
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CUMULUS MEDIA Makes $50 Million Voluntary Debt Prepayment
July 22, 2019With this prepayment, the Company has reduced its debt by approximately $250 million since emerging from Chapter 11 on June 4, 2018, bringing the Company’s total debt to approximately $1.05 billion.
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Global Eagle Announces $61 Million of Additional Liquidity
July 22, 2019Global Eagle Entertainment Inc., a leading provider of media, content, and connectivity to markets across air, sea and land, today announced that it has completed a $40 million upsizing of its Senior Secured Term Loan due 2023, as well as an amendment to its Term Loan.
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Piper Jaffray Announces the Addition of its CD and Structured Note Underwriting Business
July 22, 2019Piper Jaffray Companies (NYSE: PJC), a leading investment bank and institutional securities firm announced the addition of its CD and Structured Note underwriting business with the arrival of Ardi Baniahmad, Josh Brenner, Rick Cabanes and Meghan Greenwood, formerly of First Empire.
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Stifel Launches Venture Banking & Lending Group to Serve U.S. Innovation Ecosystem
July 22, 2019Stifel Financial Corp. (NYSE: SF) today announced the successful launch of a venture banking and lending business, dedicated to providing debt capital financing and commercial banking solutions to growth companies and their backers.
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