TSL Express Daily Articles & News

Winston & Strawn LLP represented Titan Acquisition Corp., a blank check company, in connection with the closing of its $276,000,000 initial public offering.

The ABL industry has experienced significant growth, leading to record funding levels, increasing demand for flexible financing structures and a swathe of new providers. Yet, while the industry grows, its technology remains outdated—lenders and borrowers alike struggle with rigid, one-size-fits-all systems that lack transparency, efficiency, and scalability. That’s where scalABLe comes in.

Winston & Strawn is serving as underwriters counsel to R.F. Lafferty in connection with Cuprina Holdings, a biomedical and biotechnology company dedicated to the development and commercialization of products for the management of chronic wounds as well as cosmeceuticals for the health and beauty sector, in its announced closing of $12,000,000 initial public offering.

Rosenthal & Rosenthal, Inc., the leading private commercial finance firm in the United States, today announced the completion of three non-recourse factoring deals in the apparel, outerwear and accessories sectors totaling $280 million in annual sales volume.

Chicago Atlantic announced that it acted as administrative agent on the funding of a senior secured term loan for Terra Kaffe, Inc., a company specializing in high-end, bean-to-cup coffee machines.

Cornerstone Business Credit is pleased to announce the recent funding of a $300,000, expandable line of credit to an information technology consulting firm. This firm did not qualify for traditional bank financing given recent losses including the shutdown of its largest customer leaving a substantial unpaid balance.

Global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (Global TAG) and Corporate Transactions Group (CTG) are proud to announce the appointment of Mark Copeland as Managing Director, Global Transactions & Key Accounts in a crossover role that will extend the firm’s expertise across both private equity and corporate transactions globally.

Bayview Asset Management (“Bayview”), a leading investment management firm with a 30-year history investing across asset-based credit markets, today announced the launch of the firm’s Fund Finance investment business. Industry veterans Michael Timms and Colin Doherty have joined Bayview to serve as co-heads of the newly created strategy.

Versana today announced that Morgan Stanley agented broadly syndicated loan (BSL) deals are live on its centralized digital data platform, and now available to the bank's institutional clients in real time. This launch follows Morgan Stanley's investment in Versana in March 2023, demonstrating its commitment to modernize the $8 trillion corporate loan asset class.

Permira Credit, a leading specialist credit investor, today announced the pricing of MENLO CLO II (“Menlo II”), a $404 million collateralized loan obligation (“CLO”) transaction in the United States.

Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025.

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection.

Today, global investment firm Carlyle announced its Global Credit platform has provided a $270 million unitranche term loan to Dexian, a global leader in talent and technology solutions. The financing was used to refinance Dexian’s existing term loan facility.

Capital Southwest Corporation (“Capital Southwest”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced an increase to the total commitments under its senior secured credit facility (the “Corporate Credit Facility”).

Cineverse Corp. (Nasdaq: CNVS) ("Cineverse", "us", "our", "we", and the "Company"), a next-generation entertainment studio, today announced that it has expanded the size of its existing line of credit facility with Pasadena-based East West Bank from $7.5 million to $12.5 million, expandable to $15 million, and extended the term from one-year to three-years at an interest rate of Prime plus 1.25% (8.75% currently with a $0 current balance).

WhiteHawk Capital Partners, a private credit investment manager, is pleased to announce that Joseph “Joe” Wells has joined the firm as Managing Director. He will be based out of the firm’s Ponte Vedra, Florida office.

Elite Business Service, LLC (“EBSC Lending”), a leader in financing real estate throughout the United States and a specialized multifamily and seniors housing bridge lending platform, today announced the closing of a $13,000,000 in bridge financing for a senior housing community in Parsippany, New Jersey.

Lincoln Financial (NYSE: LNC) today announced an $825 million strategic growth investment from Bain Capital, a leading global investment firm. Bain Capital will acquire a 9.9% stake in Lincoln Financial, creating significant alignment and long-term value creation opportunities across an array of strategic initiatives over time, with a focus on advancing Lincoln’s goal of sustained profitable growth.

Feldman joins the firm from Gibson, Dunn & Crutcher, where he served as co-chair of the restructuring practice for 16 years. He brings more than 30 years of experience in restructuring and insolvency law, with experience representing large and sophisticated credit funds, private equity firms, financial institutions, and companies in complex bankruptcy cases, out-of-court restructurings, and distressed asset and debt transactions.

Citizens announced a realignment of its Asset-Backed Finance Group, formerly led by John Carlin. Carlin will remain with the firm, focused on the Bank’s Private Capital initiative across its Capital Markets Platform while Managing Directors Pete Rogers and Erik Priede will assume leadership roles as heads of the Corporate Credit Securitization and ABS Platforms, respectively.