TSL Express Daily Articles & News

TD Asset Management Inc. ("TDAM") has closed its first loan in its newly-launched global private credit strategy, the TD Greystone Global Private Credit Fund (the "Fund"). The Fund is integrated into the TD Greystone private markets platform that manages C$42.4 Billion1 of assets. This first deployment of the Fund's committed capital builds toward a fully diversified, evergreen global portfolio of high-income credit investments.

Empire Asset Finance, LLC ("Empire") today announced the closing of its first institutional warehouse credit facility with Bank OZK. The facility represents a significant milestone for Empire as it expands its capital markets and direct origination capabilities and enhances its ability to deliver flexible, competitive equipment financing solutions to middle-market companies throughout the United States and Canada.

Monroe Capital LLC ("Monroe"), a premier asset management firm specializing in private credit markets, and AIP Capital ("AIP"), a global multi-strategy investment manager focused on opportunities in asset-based finance, today announced the successful closing of MCAV 2026-1 ("MC Aviation"), a $643.0 million aircraft asset-backed securitization and the inaugural transaction issued through the firms’ aviation leasing venture.

The facility refinanced existing debt while providing additional liquidity to support PTS’s future acquisition strategy. The flexible capital will help the company continue expanding its market presence, strengthening its service offerings and executing its long-term growth plans.

SouthStar Capital recently closed an invoice factoring facility for a commercial cleaning company serving commercial property management clients across multiple regions. The growing business sought additional working capital to improve cash flow while supporting continued expansion and meeting the demands of its increasing customer base.

PureSky Energy (PureSky), a leading developer, owner, and operator of community solar and energy storage projects in the United States, today announced the closing of a $62 million upsizing of its corporate credit facility arranged by Nomura. The transaction closed concurrently with PureSky’s investment‑grade refinancing of operating debt, enabling the repayment of certain legacy holding company indebtedness and further strengthening the Company’s balance sheet.

Inhibrx Biosciences, Inc., a clinical-stage biopharmaceutical company focused on developing novel biologic therapeutic candidates, today announced it entered into the Second Amendment to the Loan and Security Agreement, as amended with Oxford Finance LLC, pursuant to which the Lenders expanded the facility to an aggregate principal amount of up to $500.0 million.

Norma Kuntz, CEO of Gordon Brothers, has been named a winner of the Entrepreneur of the Year® 2026 New England Award by Ernst & Young LLP (EY US). Now in its 41st year, the Entrepreneur of the Year program celebrates the bold leaders who disrupt markets through the world’s most ground-breaking companies.

Holland & Knight advised Woven Solutions, a leading provider of artificial intelligence (AI)-enabled mission software for the national security community, in a series of strategic acquisitions throughout the 12 months following its representation of Falfurrias Capital Partners in its initial investment in Woven.

First Bancorp (Nasdaq: FBNC), the parent company of First Bank, and First Carolina Bancshares Corporation, the parent company of Carolina Bank & Trust Company, announced the signing of a definitive merger agreement under which First Bancorp will acquire First Carolina in a stock and cash transaction with an aggregate value of $166 million.

Elevate, a Fort Worth-based tech-enabled provider of innovative and responsible online credit solutions, announced the closing of a $655 million credit facility that strengthens the company's financial foundation and supports continued investment in its platform, brands and growth.

Superior Industries International, Inc. (“Superior” or the “Company”) today announced the successful closing of a senior financing facility with PNC Bank, N.A. The financing strengthens Superior’s liquidity position, provides enhanced financial flexibility, and establishes a committed banking relationship to support the Company’s operating priorities and long-term strategic plan.

Ashurst Perkins Coie is pleased to announce that Ryan Gaglio has joined the firm's Tax practice as a partner in Los Angeles. Ryan advises private equity sponsors, emerging growth companies, venture capital investors, and public companies on the tax aspects of complex M&A and other strategic transactions.

Countify Capital, a specialty finance company serving small- and middle-market businesses, provided a factoring facility for a privately-held fireproofing contractor based in the Chicago metropolitan area. The financing will support an accelerated growth strategy and the execution of a major new contract.

Acme United Corporation (NYSE American: ACU) today announced it has entered into a new $65 million syndicated credit facility with HSBC Bank USA, N.A. (HSBC) and City National Bank (CNB), a U.S. subsidiary of Royal Bank of Canada (RBC).

Mighty Therapeutics Holdings Inc. (the "Company" or "Mighty"), a commercial-stage biotechnology company pioneering a new class of medicines that directly target mitochondrial dysfunction in rare and age-related diseases, today announced the closing of transactions securing up to $150 million in non-dilutive growth and equity capital. The Company has entered into an agreement with K2 HealthVentures.

First Business Bank’s Accounts Receivable Financing team recently funded a $1 million factoring facility to support the growth of a staffing company serving the financial services industry. The company, a U.S. subsidiary of a United Kingdom-based parent organization, selected First Business Bank for its responsiveness and ability to quickly deliver a competitive financing solution.

SixCap Healthcare Finance is pleased to announce that Dan Carroll has joined the company as Senior Relationship Manager, reporting to Co-Founder and Chief Investment Officer, Dan Whitwer. Carroll brings more than 20 years of commercial finance, portfolio management, and healthcare asset-based lending experience to SixCap.

Armory Securities, LLC is pleased to announce the successful closing of a $60 million senior secured credit facility and $5 million unsecured term loan for Mariani Nut Company. Mariani Nut Company was founded by the Mariani family in 1972 and has grown into one of the leading independent, global suppliers of private label and branded almonds, walnuts, and other nut products, operating as a full-scale nut processing and marketing business with deep roots in Northern California agriculture.

O’Melveny advised Spectro Cloud, a leading provider of AI infrastructure management software, on its US$100 million Series D funding round. Announced on July 15, the funding round was led by Growth Equity at Goldman Sachs Alternatives, with participation from AMD Ventures, Ericsson, LG Technology Ventures, and Maximus.