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  • Wayland Announces Court Approval of Amended DIP Facility
    December 17, 2019
    The Amended DIP Facility is intended to provide the Wayland Group with financing to continue operations during their CCAA proceeding, to fund necessary capital expenditures that are agreed to by the DIP Lender, with the consent of PricewaterhouseCoopers Inc., in its capacity as monitor of the Wayland Group, and to conduct a sale and investment solicitation process (“SISP”) and consummate any transaction resulting from that process.
  • Bunge Limited Closes its First Sustainability-Linked Revolving Credit Facility
    December 17, 2019
    Australia and New Zealand Banking Group Limited, Bank of China, Bank of Montreal, The Bank of Tokyo-Mitsubishi UFJ, Ltd., Citibank N.A., Rabobank, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, Industrial and Commercial Bank of China, Mizuho Bank (USA), Société Générale, Standard Chartered Bank, UniCredit Bank AG, U.S. Bank National Association and Wells Fargo Bank National Association have also acted as Mandated Lead Arrangers and Bookrunners for this transaction.
  • Bridge Bank Extends $4MM Credit Facility to H Code Media, Inc.
    December 17, 2019
    Bridge Bank today announced it has extended a credit facility to H Code Media, Inc., the leading technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market. The new credit facility will be used to fund working capital needs and support growth initiatives.
  • Stonebriar Commercial Finance Closes a $40 Million Lease Facility
    December 17, 2019
    Stonebriar Commercial Finance announced the closing of a $40 million equipment lease facility with a publicly traded oilfield services provider. The company provides completion, intervention and production services in all the major U.S. onshore oil and gas basins.
  • Monroe Capital Supports FFL Partners’ Anova
    December 17, 2019
    Monroe Capital LLC (“Monroe”) today announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the merger of Anova and Silicon Controls, an existing portfolio company of FFL Partners.
  • Finance Technology Provider White Clarke Group wins Best Point-of-Sale and Back-Office Innovation Swards
    December 16, 2019
    White Clarke Group is delighted to announce that its CALMS platform has once again earned both the Best Point-of-Sale (POS) and Best Back-Office Innovation Awards at the International Asset Finance Network (IAFN) conference last week in London.
  • Liberty Bank Appoints New Commercial Banking Senior Vice President to Serve the Greater New Haven Region
    December 16, 2019
    Hubbard comes to Liberty Bank as a veteran Connecticut Banker with over 30 years of experience. Most recently, he was the Market President and Commercial Bank Sales Leader for CT and Western MA at KeyBank. For four years, Hubbard supervised KeyBank’s commercial banking business, Specialty Lending, Capital Markets and Financial Services.
  • Focus Management Group Welcomes Andrew Jarvis as Senior Managing Director
    December 16, 2019
    Focus Management Group is excited to announce that Andrew Jarvis has joined our team. Focus Management Group (FMG), a nationwide turnaround and restructuring firm, has enhanced its team with the addition of Andrew Jarvis. Andrew will serve as a Senior Managing Director out of the firm’s new Pasadena, California office and will complement the firm’s growing demand for its turnaround management and corporate restructuring services
  • J.P. Morgan Asset Management Announces Major Private Credit Expansion; Appoints Meg McClellan Head of Private Credit
    December 16, 2019
    J.P. Morgan Asset Management today announced the appointment of Meg McClellan as Head of Private Credit in the firm's Global Alternatives group, effective January 1, 2020, to lead the firm's major expansion in Private Credit.
  • TradeCap Partners Provides $1.4MM ‘Work-In-Process’ Purchase Order Facility to West coast Consumer Goods Company
    December 16, 2019
    TradeCap Partners provided a $1.4MM Purchase Order Facility to a West coast, branded, consumer goods company. The facility was structured to satisfy a seasonal working capital need related to a program with a key customer.
  • North Mill Capital Promotes Jennifer Borg
    December 16, 2019
    Jennifer has been with the Company since 2001. Throughout the years her role at North Mill Capital has evolved and she is currently a senior portfolio manager in our Minneapolis office. She manages a portfolio of ABL and invoiced based accounts and oversees our invoiced based collection team.
  • TAB Bank Provides Transportation Company in Kentucky with a $4 Million Asset-Based Credit Facility
    December 16, 2019
    TAB Bank is pleased to announce it has provided a $4 million asset-based revolving credit facility for a transportation company located in Kentucky. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. In addition to the working capital facility, TAB has also provided $1.2 million in equipment financing for the company.
  • Accenture and Assifact Unveil Trends and Evolution of the FinTech Industry
    December 16, 2019
    The UK strengthens its role as EU leader thanks to a flexible regulatory regime, a supportive government policy and strong interest from investors, according to a new study commissioned by the Italian Factoring Association.
  • Weatherford Successfully Completes Financial Restructuring
    December 16, 2019
    Weatherford International plc today announced that it has completed its financial restructuring and emerged from Chapter 11 protection. The Company emerges with a stronger financial foundation having reduced approximately $6.2 billion of outstanding funded debt, secured $2.6 billion in exit financing facilities, including a $450 million revolving credit facility, secured a $195 million letter of credit facility, and secured over $900 million of liquidity.
  • Kaman Closes on Five Year Amended and Restated Credit Facility
    December 16, 2019
    The facility was brought to market by Joint Bookrunners and Joint Lead Arrangers JPMorgan Chase Bank, N.A; BofA Securities and Citizens Bank, N.A.
  • Sarepta Therapeutics Announces $250 Million of Non-Dilutive Senior Secured Loan Financing
    December 16, 2019
    Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, announced today that it has entered into an agreement with funds managed by Pharmakon Advisors, LP, that provides Sarepta with up to $500 million of borrowing capacity in two tranches.
  • B. Riley Principal Merger Corp. and Alta Equipment Holdings Inc. Announce Business Combination
    December 16, 2019
    Combined Company to Become Leading Publicly-Traded Equipment Dealership Platform. Business Combination Valued at Approximately $550 Million. Significant Opportunity to Consolidate Fragmented Equipment Dealer Market, Including Two Acquisitions by Alta Currently under Non-Binding Letter of Intent Anticipated to Close at Time of Business Combination Closing.
  • Ocrolus Announces Premium Fintech Platform Extension
    December 16, 2019
    Ocrolus, a leading fintech infrastructure company that transforms documents into actionable data with over 99% accuracy, today announced a new premium extension to its core technology platform. At a reception held tonight in New York, the company introduced Ocrolus+, the first turnkey solution for ingesting documents and digital data streams through a single API.
  • Victory Park Capital Appoints John Martin as Senior Advisor
    December 16, 2019
    Former Antares Capital co-CEO and private credit investment specialist bolsters firm’s expertise. Based in Chicago, Martin will support VPC’s private credit strategies, leveraging his thirty years of experience in the investment industry.
  • The Green Organic Dutchman Announces a $41.7 Million Senior Secured Credit Facility
    December 16, 2019
    The Facility consists of a committed $26.7 million senior secured term loan (the "Loan") with an 18-month term and 12 monthly interest only payments followed by 6 monthly payments of principal and interest, with the principal component based on a 15-year amortization, and an additional uncommitted $15.0 million senior secured term loan (the "Accordion Loan"), with terms to be agreed between the Lender and the Company. The interest rate on the Loan will be 13% per annum and the Loan will be secured by a first lien against all assets of the Company and its material subsidiaries.