TSL Express Daily Articles & News

Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (AUM), is pleased to announce that Jared Cohen has joined the firm as a Managing Director on the Investment Team.

Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, announced today that it has closed on a $600 million senior secured revolving credit facility with a bank syndicate.

SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a fintech leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced the closing of a $1,500,000 secured credit facility for a Missouri-based cannabis operator.

Austin Financial Services (AFS) is pleased to announce the successful closing of a $3MM asset-based lending facility (ABL) to a leading manufacturer of sheet metal components serving the railroad and automotive sectors. The financing solution was comprised of an accounts receivable and inventory revolver, as well as an equipment term loan.

NXT Capital announced today that it closed a senior credit facility in support of Agellus Capital’s acquisition of CompassMSP, which merged with Agellus’ existing managed IT portfolio company, BlackPoint IT Services. NXT Capital acted as Joint Lead Arranger and Administrative Agent on this transaction.

Victory Park Capital (“VPC”), a global alternative investment firm specializing in private credit, today announced that Hugo Lestiboudois has joined the firm as Principal. Mr. Lestiboudois, who brings over 10 years of experience in developing and operating legal finance strategies, will work alongside Richard Levy, VPC CEO, CIO & Founder, and Chad Clamage, Managing Director, to advance the firm’s legal credit strategy.

Kilo Fund Management, a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of its $50 million asset-backed senior secured revolving credit facility (the “ABL”). The renewed commitment enhances Kilo’s ability to deliver tailored commodity finance solutions to industrial and wholesale users of metals, food and agricultural commodities, and energy inventories.

Porter Capital, a trusted leader in specialty financing solutions, has provided a $15 million credit facility for a newly established entity in the transportation and freight services industry, headquartered in Georgia. The client, with nearly a century of operational history and a strong presence in the Midwest, required innovative financing to support its transition after forming a new LLC to acquire a division of a publicly traded Fortune 500 company.

Treatment.com AI Inc. (the “Company” or “Treatment”) (CSE: TRUE; OTC: TREIF; FFA: 939) announces that it has entered into a M&A credit facility to fund transaction expenses and closing costs associated with acquisitions such as rocket Doctor.

VFN Holdings, Inc (Vero), a nationwide fiber infrastructure provider serving wholesale, carrier, technology, education and retail internet customers, announced the successful expansion of its existing credit facility to $240M of committed capital with an accordion providing up to $310M of total capacity.

First Business Bank welcomes Niamh Kristufek to its parent company, First Business Financial Services, Inc., as President - Specialty Finance. With extensive financial services experience, Niamh provides strategic guidance and expertise to our Accounts Receivable Financing, Equipment Financing, and Floorplan Financing, and SBA Lending teams.

A well-established woodworking company in Minnesota acquired a smaller competitor with the help of a $1.2 million term loan from Loeb. This acquisition embodies the importance of collaboration and adaptability in financial transactions.

Tiger Group is now accepting offers on three high-speed, direct-to-garment POLARIS™ printing systems manufactured by M&R Sales & Services, Inc., along with other equipment that is surplus to the operations of a large textile-embellishment company.

Haynes Boone's new Fund Finance Annual Report reveals a reversal in market dynamics, with facility pricing tightening to pre-2023 levels and a surge of new lenders reshaping the competitive landscape. The increase in market players is also driving innovation, with industry leaders reporting a wave of uniquely tailored financial products at the same time fundraising is expected to increase.

First Bank and Trust Company and its parent holding company, First Bancorp, Inc., are pleased to announce the promotion of James T. Bowen II to Senior Vice President – Credit Administration. Bowen will take on this expanded role after 13 years of dedicated service to the organization, bringing his extensive expertise in credit management and banking to oversee the bank's loan portfolio and credit culture.

Healthcare Funding Partners (HFP) is pleased to announce the successful closing of a $180 million Senior Secured Credit Facility. J.P. Morgan served as Sole Bookrunner and Joint Lead Arranger, with Citi as the supporting Joint Lead Arranger

Eco Material Technologies Inc. ("Eco Material" or the "Company"), the leading producer, marketer and distributor of supplementary cementitious materials ("SCMs") and producer of green cement products in North America is pleased to announce the successful closing of an $800.0 million term loan credit facility (the "Green Term Loan Facility") that matures in February 2032 and provides Eco Material with enhanced financial flexibility and support for its strategic initiatives.

Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure for HPC applications, announced today that the Company, through its HPC subsidiary APLD HPC Holdings LLC (“APLDH”), closed a $375 million financing with SMBC.

Oaktree Capital Management, L.P. (“Oaktree”) today announced the final close of Oaktree Opportunities Fund XII (“Opps XII” or “the Fund”), with approximately $16 billion of commitments, including co-investment and affiliated vehicles.

ATC Managers, LLC, a direct private lender specializing in flexible real estate financing, is pleased to announce the successful closing of a $51 million loan for the acquisition and refinance of a multifamily portfolio spanning Los Angeles, Miami, Dallas, Phoenix and Atlanta.