TSL Express Daily Articles & News

Hope Bancorp, Inc. (NASDAQ: HOPE) today announced that its wholly-owned subsidiary, Bank of Hope (“the Bank”), has completed its previously announced acquisition of the Commercial Banking Unit of SMBC MANUBANK (“MANUBANK”), a wholly-owned subsidiary of SMBC Americas Holdings, Inc. and Sumitomo Mitsui Banking Corporation (“SMBC”).

Wingspire Capital is pleased to announce it has provided a $30 million revolving credit facility to a consumer rent-to-own financing business. The borrower provides financing for outdoor structures such as sheds, carports, and other storage structures.

Winston Taylor announced today that Michael Frisch has joined the firm as a partner in its Financial Innovation & Regulation Practice and Digital Assets Group in Chicago. Mike counsels clients on regulatory compliance, investigations, and enforcement matters involving digital assets, cryptocurrency, and Web3 businesses.

Crown Partners is an investment banking firm focused on asset-based finance and collateral-driven credit. The firm advises leading private credit firms and asset managers on investment strategy, transaction evaluation and portfolio advisory across the asset-based finance market.

NXT Capital announced today that it closed a senior credit facility in support of Incline Equity Partners’ acquisition of The Conrad Company. NXT Capital acted as Sole Lead Arranger, Sole Bookrunner, and Administrative Agent on this transaction.

Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, announced today that certain of its funds (“Ares”) provided $2.0 billion of a $6.5 billion multi-jurisdiction financing for Phoenix Tower International (“PTI”), a leading global owner and operator of telecom tower infrastructure. As part of the transaction, Ares funded approximately $1.8 billion at closing.

Santander Bank (“Santander”) closed a $345 million asset-based revolving credit facility for WTEC, LLC (“WTEC”), providing additional working capital to support the New Jersey-based manufacturer’s continued growth across the renewable energy, grid modernization, data center, and AI infrastructure sectors.

CIT Northbridge today announced it provided a $60 million asset-based revolver to Certified Origins, Inc. CIT Northbridge served as the sole lender on the transaction, and Arch & Beam was the advisor for Certified Origins. Headquartered in Tuscany, Italy and with US based production facilities in Newport News, Virginia, and Fresno, California, Certified Origins is a leading player in the good food private label and co-packing space.

Brookfield today announced the final close of Oaktree’s Asset-Backed Finance Fund (“ABF I”) with $2 billion of commitments across the Fund and related investment vehicles, achieving its target fundraise. The Fund attracted a globally diversified base of institutional investors, including U.S. public pension plans and sovereign wealth funds, reflecting strong institutional demand for asset-backed finance solutions.

CohnReznick, a leading professional services firm, today announced that Bryan DaCanal has joined the firm as a Managing Director in its Transaction Advisory Services practice, based in West Palm Beach, Florida.

Corus Entertainment Inc. (“Corus” or the “Company”) (TSX: CJR.B) announced today that it has completed a second amending agreement (the “Amendment”) to the Company’s Eighth Amended and Restated Credit Agreement dated as of March 21, 2025, as amended by the first amending agreement dated as of October 29, 2025, and as otherwise modified, amended, or supplemented from time to time prior to the date hereof (the “Credit Facility”).

ALL Capital has provided a £6 million asset-based lending facility to Braincare Ltd, the company behind the Heights brand, a science-led health and wellness business focused on brain, gut and long-term health, supporting the next phase of the company's growth. Founded to make evidence-based nutrition more accessible, Heights is a science-led health and wellness business focused on brain, gut and long-term health.

Vox Royalty Corp. (NASDAQ:VOXR)(TSX:VOXR) ("Vox" or the "Company"), a returns-focused mining royalty and streaming company, is pleased to announce the signing of an amended and restated credit agreement as part of the Company's existing Revolving Credit Facility (the "Facility"), which has now been upsized to $100 million with a $50 million accordion feature (the "Accordion"), along with multiple management appointments, further strengthening its senior leadership team.

First Merchants Corporation (NASDAQ: FRME) today announced that CEO Mark Hardwick will retire at the end of the year after 29 years with the bank. The First Merchants Corporation Board of Directors announced that Mike Stewart, current First Merchants Bank President who has been with the bank for more than 18 years, will become President and CEO at the start of 2027.

JPalmer Collective (JPC), the asset-based lending firm committed to funding high-growth, women-led, and natural products companies, today announced a $5 million working capital financing agreement with isima, a Latin-rooted, science-powered haircare brand founded by Shakira.

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that one of its affiliates has acquired Arco Limited (“Arco” or the “Company”), a leading UK distributor of safety equipment.

Fortress Investment Group today announced that funds managed by its affiliates led a $265 million financing facility for SourceCode, a leading engineering-led provider of purpose-built, accelerated computing infrastructure for the world's most demanding AI, high-performance computing (HPC), and mission-critical workloads.

Trafigura Group Pte Ltd (“Trafigura”), a market leader in the global commodities industry, announced the closing of its new syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities (the “Facilities”) at approximately USD4.4 billion. The Facilities were substantially oversubscribed and upsized from their initial launch amount of USD3.5 billion-equivalent, with 40 financial institutions participating in the transaction.

J D Factors provided $9,000,000 in new factoring facilities to 35 new clients in the US and Canada during the month of September. Some of these facilities include: a $1,000,000 factoring facility for a Telecom company in Washington and a $800,000 factoring facility for a Distribution company in Texas.

Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward®, N.A. (“Pathward”), today announced that Pathward has been named Partner Bank of the Year as part of The Big Bank Theory Awards 2026, presented by Tearsheet. The Big Bank Theory Awards is Tearsheet’s premier awards program recognizing and celebrating innovation in banking and embedded finance