TSL Express Daily Articles & News

CB&I, the world's leading designer and builder of storage facilities, tanks, and terminals, today announced the upsizing and closing of their senior secured credit facility from $295 million to $400 million. The facility, which matures on December 4, 2028, provides CB&I with financial flexibility and letter of credit capacity to support its long-term growth initiatives.

The LYCRA Company, LLC (“LYCRA” or “the Company”), a global leader in developing fiber and technology solutions for the apparel and personal care industries, announced today that it has entered into a restructuring support agreement (“RSA”) with the overwhelming majority of its creditors to eliminate approximately $1.2 billion of long-term debt and establish a sustainable capital structure that will recapitalize the Company and position it for long-term financial stability and growth.

MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has entered into a trade finance facility with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch ("HSBC Singapore") for the issuance from time to time of letters of credit or bank guarantees.

Cascadia Capital, an independent investment bank serving middle-market clients globally, is pleased to announce that Michael Kahn has joined the firm as a Director in its Equity Capital Solutions group. Michael works closely with Co-Heads Sim Ketchum and Peter Purcell to support the continued expansion of Cascadia’s platform focused on connecting private equity sponsors and companies with differentiated sources of equity capital.

Chicago Atlantic announced that it acted as administrative agent in support of the acquisition of Lionel Holdings, LLC (“Lionel”), a premier designer and manufacturer of model trains and hobby products by Praesidian Capital and its portfolio company, Round 2 Holdings, LLC (“Round 2”), a leading designer, developer, and marketer of model kits, die-cast collectibles, and hobby products.

Phreesia, Inc. (NYSE: PHR) ("Phreesia" or the "Company") today announced the refinancing of its existing bridge loan (the “Bridge Loan”) by its entry into a new credit agreement providing for a senior secured revolving credit facility (the "New Credit Facility") of up to $275 million in aggregate principal amount, with Capital One, National Association (“Capital One”) serving as agent for the lenders.

Versant Funding LLC is pleased to announce that it has funded a $5 million non-recourse factoring facility to a 90+ year-old company that provides services to major consumer brands.

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), an affiliate of Monroe Capital, announced today the formation of a new joint venture with CR Financial Holdings, Inc. (“CRFH”), the holding company for Roth Capital Partners, LLC (“Roth”). The joint venture will provide growth capital financing solutions to small- and micro-cap public companies based primarily in the U.S.

SouthStar Capital is pleased to announce the closing of a $500,000 accounts receivable financing facility for a telecommunications and low-voltage services provider supporting large national retail projects.

Eversheds Sutherland is pleased to welcome Phyllis Y. Young as a partner in the US Finance Practice Group, expanding the firm’s advisory services in connection with finance and restructuring matters for public and private companies, financial institutions, investors and other market participants.

Assembled Brands is proud to announce its partnership with Swag Golf, the Illinois-based innovator transforming golf into a high-style lifestyle category. Since its inception in 2017, Swag Golf has transitioned from a boutique putter manufacturer into a premier force in golf gear, accessories, and apparel.

As global dealmaking rebounds, new data suggests the next phase of the M&A cycle may be defined by rising disputes, not just rising volume. Global consulting firm BRG’s M&A Disputes Report 2026 finds that nearly two thirds of deal professionals expect dispute volumes to increase over the next year, extending a sharp uptick seen in 2025.

JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX; ZIPIBX; ZIPSAX; ZIPZAX; ZIPDBX) with approximately $6.9 billion in portfolio equity and debt investments, announced it has secured a $1 billion credit facility with a syndicate of ten market-leading real estate lenders.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility to Mejuri Inc.

As a Midwest-based metallurgic and heat processing company with locations in Wisconsin and Illinois looked to turn around its business, Loeb stepped in with the flexibility and speed needed to help them unlock the necessary capital with an asset-based loan.

Hilco Global's Intellectual Property Services group (www.hilcoglobal.com), a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire the non-core patent portfolio of Locus Fermentation Solutions, a Solon, Ohio-based biotechnology company known for its innovative fermentation-enabled technologies.

C2FO announced today it has funded more than half a trillion dollars in working capital to businesses worldwide. The milestone continues to prove a significant shift in corporate finance: companies are increasingly moving away from traditional borrowing, choosing instead to fund their growth by clearing their invoices faster.

SG Credit Partners, through its Consumer Products division, is pleased to announce a senior debt investment in Mezcla, the New York-based maker of the puff-crispy plant protein bar taking the better-for-you snack category by storm.

CohnReznick, a leading professional services firm, announced today that Deirdre Cronin has joined the firm as a Managing Director leading its Sales and Purchase Agreement (SPA) Advisory practice. Cronin brings deep expertise in sales and purchase agreements and contract closing mechanisms, helping clients navigate complex transactions, minimize post closing disputes, and protect deal value throughout the M&A lifecycle.

Ms. Foley advises clients on a wide range of international banking and finance matters including leveraged finance, acquisition finance and trade and asset finance, with particular experience in NAV facilities, subscription facilities, hybrid facilities, and other fund financing transactions across Europe, Asia, the Middle East, and North America.