TSL Express Daily Articles & News

Belden Inc. (NYSE: BDC) (“Belden” or the “Company”), a leading global supplier of specialty networking solutions, announced today that it has successfully syndicated and priced a new $1.85 billion aggregate principal amount senior secured term loan B due 2033 (the "Facility").The loans under the Facility will be issued at a price equal to 99.75% of their face value (or with an original issue discount of 0.25%) and bear interest at SOFR plus 2.25%, with closing expected concurrent with and subject to the consummation of the Company's previously announced pending acquisition (the "Acquisition") of RUCKUS Networks ("RUCKUS") subject to the satisfaction of customary closing conditions.

Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin – today announced a series of actions that further strengthen the Company’s financial position, enhance liquidity, and continue to reduce potential shareholder dilution associated with the Company’s Series F Convertible Preferred Stock.

Sallyport Commercial Finance is pleased to announce a new $2,000,000 invoice factoring facility for a manufacturing company acquired by a private equity firm as part of its strategic growth initiative across the Sunbelt region.

SouthStar Capital is pleased to announce the closing of a combined Purchase Order (P/O) and Accounts Receivable financing facility for a medical products distributor serving customers throughout the United States.

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, today announced it has secured $275 million in active working capital facilities for small and mid-sized businesses across the U.S. since launching in 2022. The cumulative figure spans 126 closed transactions across 18 states with more than $120 million in initial funding.

KKR, a leading global investment firm, today released “The Divergence Conundrum,” the 2026 Mid-Year Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

TAB Bank closed a $2 million asset-based lending facility for Blair Duron, a specialty commercial flooring contractor headquartered in Garner, North Carolina. The capital provided from this credit facility will create opportunities for Blair Duron to lay the groundwork for growth, while continuing to advance their mission of elevating their clients’ floors to the highest level by providing superior workmanship and materials.

Cahill Gordon & Reindel LLP announced today that Marc Shepsman has rejoined the firm as a partner in its Corporate practice group. Marc’s practice focuses on advising private equity sponsors, portfolio companies, financial institutions and corporate clients on leveraged finance, acquisition financings, private credit transactions, mergers and acquisitions, and other complex corporate matters across a broad range of industries.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of two separate factoring deals for a women’s intimate apparel manufacturer and a footwear business, totaling $13 million.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Launch Environmental Underwriters (“Launch Environmental”) by Sands Point Risk (“Sands Point”), an existing portfolio company of Avesi Partners.

Clearlake Capital Group, L.P. (“Clearlake” or the “Firm”), a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies, today announced the completion of its acquisition of Pathway Capital Management (“Pathway”), a global provider of private market solutions for institutional and wealth markets.

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund III, L.P. and Ares Pathfinder Fund III (Offshore), L.P. (together, “Pathfinder III” or the “Fund”) at $8.5 billion in LP commitments.

RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of outpatient imaging centers and a premier developer of radiology digital health solutions, today announced that it has entered into Incremental Amendment No. 3 (the “Third Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, as amended by the Third Amendment, the “Credit Agreement”).

Manulife | Comvest Credit Partners, the private credit platform of Manulife Wealth & Asset Management, today announced the closing of Comvest Credit 2026-1 CLO, a $428 million private credit collateralized loan obligation (CLO).

SSG Capital Advisors, LLC (“SSG”) served as investment banker to HS Group, Inc. d/b/a ZOTA Payment Services and Direct Payment Services (“ZOTA” or the “Company”) in the sale of substantially all of its assets to Kaylad, LLC. The transaction closed in June 2026.

Republic Business Credit provided a $9 million asset-based lending facility to an established hardware products manufacturer. The facility will refinance an existing working capital loan, providing the Company with additional borrowing capacity and scalable financing to support day-to-day operations and long-term growth objectives.

Mitsubishi HC Capital America, a leading provider of financing and asset solutions across North America, closed a record-breaking 32 financing transactions in its Structured Finance and Leasing business during its last fiscal year ending March 31, 2026, underscoring the company’s continued momentum in delivering tailored capital solutions for middle-market businesses.

Great American Holdings, LLC ("GA Group"), a leading global advisory, valuation, investment banking, asset-based lending, and restructuring firm, majority-owned by funds managed by Oaktree Capital Management, L.P., today announced the appointment of Emily Friedman as Chief Talent Officer. In this role, Emily will lead the organization's comprehensive talent strategy, leveraging her extensive background in building high-performing and engaging workplaces.

Switch, the premier provider of AI, cloud and enterprise data center infrastructure, today announced it has extended and upsized its existing Corporate Revolving Credit Facility to more than $6 billion and expanded its existing Syndicated Uncommitted Performance Letter of Credit Facility (LCF) to $3.5 billion.

Mr. Takahashi is a bilingual lawyer with more than a decade of experience contributing to complex cross-border transactions for Japanese, U.S., and other multinational clients. Having practiced in both Tokyo and San Francisco, his practice spans mergers and acquisitions, divestitures, carve-outs, strategic investments, joint ventures, and other corporate matters across multiple sectors, including technology, artificial intelligence, semiconductors, industrials, consumer products, and health care/life sciences.