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- Deirdre Cronin Joins CohnReznick as Sales and Purchase Agreement Managing Director
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The Children's Place Enters Into $80 Million Term Loan Agreement
The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced the completion of an $80 million secured term loan financing with Crystal Financial LLC. The net proceeds from the term loan will be used to repay borrowings under the Company’s secured revolving credit facility with certain banks.
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Four M&H Attorneys Named to Best Lawyers in America 2020 List
August 21, 2019The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in Manhattan is pleased to announce that David H. Cohen (a partner of the firm), Andrew B. Eckstein (counsel to the firm), Robert M. Finkel (a partner of the firm) and Henry L. Goldberg (a partner of the firm) have been selected for inclusion in the 2020 Edition of Best Lawyers®.
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Crestmark Equipment Finance Welcomes Rick Pierman as Senior Vice President, Strategic Operations
August 21, 2019Crestmark is pleased to announce the return and appointment of Rick Pierman as senior vice president, strategic operations to its equipment finance division. Based in Troy, he will report to Crestmark Equipment Finance Chief Operating Officer and General Counsel Jim Recker.
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Platinum Group Metals Closes US$10.4 Million Bought Deal Financing, US$9.2 and US$10 Million Private Placement Financings
August 21, 2019Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (the "Company" or "Platinum Group Metals") announces the closing of its previously announced bought deal financing with BMO Capital Markets in the United States
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Gibraltar Steps In With $13MM To Support Home Furnishings Company’s Turnaround
August 21, 2019A turnaround consultant called in Gibraltar when his client’s bank proved less flexible than necessary while certain business improvements were in process. Gibraltar was able to respond with a $13 million asset-based line of credit to help the company move through the transition.
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Siena Lending Group LLC Announces the Closing of a $5.5 Million Credit Facility for Amfuel, LLC
August 21, 2019Siena Lending Group LLC (“Siena”) announces the closing of a $5.5 million asset-based credit facility for Amfuel, LLC (“Amfuel”), which is scalable up to $8.0 million during the three year term.
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Great Rock Capital Closes CAN $45 Million Senior Secured Term Loan with Oculus Transport, LTD
August 21, 2019The new capital will fuel the growth of an industry leading Canadian oilfield transport and logistics company, progressing their efforts to surpass the expectations of customers while managing the unique environmental challenges that arise in their industry.
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NXT Capital Provides Credit Facility to Support Tenex Capital Management’s Acquisition of Big Bolt
August 21, 2019NXT Capital acted as the Joint Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.
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Amherst Partners Promotes Fahad Siddiqui to Vice President
August 21, 2019Amherst Partners is pleased to announce the promotion of Fahad Siddiqui to the role of Vice President in the Investment Banking practice.
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OneWest Bank Launches New Promotion Supporting Local Small Businesses
August 21, 2019OneWest Bank, CIT's Southern California retail bank division, today announced a new small business banking promotion for both new and established businesses across Southern California. Business banking customers can earn up to $600 by opening an eligible checking account, savings account and by financing equipment for their business.
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Hitachi Capital America Technology Finance Launches New Website
August 21, 2019The launch of the new site – www.hitachitechfinance.com – is an important element of Hitachi Technology Finance’s rebranding campaign to promote their new name with a more focused product offering to their core client base, VARs and technology vendors. Formerly known as Global Technology Finance, Hitachi Capital America Technology Finance provides transformative flooring and lines of credit.
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Finacity Facilitates USD 90 Million Receivables Factoring Program for ZIM Integrated Shipping Services
August 21, 2019Finacity Corporation (“Finacity”), a member of the Greensill family of companies, has successfully launched a multi-jurisdiction trade receivables factoring program for ZIM Integrated Shipping Services Limited (“ZIM”), a company headquartered in Israel, allowing up to USD 90 million in funding from a leading Israeli bank.
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Amerisource Closes $3,000,000 Credit Facility for Dining Services Company
August 21, 2019Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a meal and dining services company based in Ohio. Proceeds of the facility are being used to finance working capital.
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CSI Laboratories Announces New Line of Capital
August 21, 2019CSI Laboratories (CSI), a leading cancer testing laboratory that supports pathology and oncology specialties, announced today that it has entered into an agreement with Bank of America for a revolving line of capital.
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Electrovaya Closes Credit Facility Agreement to Finance Customer Purchase Orders
August 21, 2019The facility will support fulfilment of Electrovaya's customer purchase orders and working capital needs.
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Paragon Financial Group Expands Team with Two New Hires
August 21, 2019Paragon Financial Group, Inc., an Asset Based Lending company specializing in No-Credit Risk Accounts Receivable Factoring and Purchase Order Funding, announced today the addition of Kalli Perez and Ernesto Moran to the team at Paragon Financial.
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David Wilsdorf Joins Old National Bank as St. Louis Region Market President
August 20, 2019He assumes responsibility for establishing and expanding the Old National Bank brand with a full-service commercial banking presence in St. Louis.
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Goodwin Life Sciences and Technology Practices Expand with Capital Markets Partner Ben Marsh in New York
August 20, 2019Marsh advises U.S. and international issuers and underwriters on a broad range of transactions, including in the life sciences and technology industries.
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Mayer Brown Partner Jon Van Gorp Appointed Chair of Bottom Line’s Chicago Regional Advisory Board
August 20, 2019A member of the firm’s Management Committee, Mr. Van Gorp has practiced structured finance law at Mayer Brown for over 20 years.
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CCG Equipment Finance Ltd. Hires Anthony Zambon to Lead Canadian Origination Team
August 20, 2019Twenty-five-year equipment financing veteran, Anthony Zambon, will lead CCG Equipment Finance Ltd. to expand operations in Canada.
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CIT Names Philip Robbins as President of Asset Management and Capital Markets
August 20, 2019CIT Group Inc. (NYSE: CIT) today announced that Philip Robbins has joined the company as the president of Asset Management and Capital Markets. In this role, he will manage the capital markets portfolio of products, the syndicated loan group and CIT’s asset management activities.
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