TSL Express Daily Articles & News

Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that it amended, extended and upsized its syndicated revolving credit and term loan facility from $350 million to $600 million. The Term Loan A was upsized by $100 million to $400 million, while the revolving credit facility was upsized by $150 million to $200 million, and the maturities were extended from November 2028 to January 2031.

SLR Credit Solutions (“SLR CS”) announced the closing of a $100 million senior secured term loan for The Children’s Place (the “Company”) (NASDAQ: PLCE), one of the only pure-play children’s specialty apparel retailers in North America. The term loan was made in concert with a $350 million revolving line of credit from Wells Fargo.

Big Shoulders Capital (“BSC”) recently completed a sale-leaseback transaction in connection with the sale of Milwaukee Forge, a 132,000 square foot, 8 acre forging and heat-treating company in Milwaukee’s Bay View neighborhood.

Soltage, a leading independent power producer developing, financing and operating distributed solar and energy storage assets across the U.S., today announced the closing of an $80 million syndicated development revolver facility. The facility is led by First Citizens Bank as sole bookrunner, administrative agent and coordinating lead arranger and EastWest Bank as coordinating lead arranger.

Transparency Analytics (“the Company”), a financial benchmarking business focused on private credit, today announced that it has completed its second funding round, led by Deciens Capital. Allianz Life Ventures, the corporate venture arm of Allianz Life Insurance Company of North America; Mouro Capital; FJ Labs; SUM Ventures; and Core Innovation Capital also participated in the round. Financial terms of the private transaction were not disclosed.

Eagle Point Credit Management LLC (“Eagle Point”), an innovative private credit investment manager, today announced that it has provided $30 million in senior secured credit financing to Circular Services, a leading developer and operator of circular economy infrastructure in the United States.

Gordon Brothers, the global asset experts, has made a majority investment in the intellectual property of the iconic Rachel Zoe brand and its related consumer business. After first gaining worldwide recognition as an award-winning celebrity stylist, Rachel Zoe expanded her platform with an omni-channel media footprint that includes a long-running Bravo show The Rachel Zoe Project (2008-2013), two New York Times bestselling books and the editorial online style destination The Zoe Report.

Polestar (Nasdaq: PSNY), as borrower, entered into a credit agreement with a wholly owned subsidiary, as lender, of Geely Sweden Holdings AB in relation to a subordinated term loan facility of up to USD 600 million, of which the last USD 300 million would require lender consent based on Polestar’s future liquidity needs.

Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and natural gas mineral and royalty interests in over 131,000 gross wells across 28 states, today announced the successful completion of its scheduled Fall 2025 redetermination and concurrent amendment and restatement of its secured revolving credit facility.

The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has received the regulatory approvals required to complete its previously announced acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank. Regulatory approvals have been received from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Colorado Division of Banking.

First Horizon Bank (NYSE: FHN or "First Horizon") announced today that Justin Rutledge will join the bank as Charlotte Market President. He will report to Laura Bunn, Mid-Atlantic Regional President for First Horizon Bank, and will lead market strategy and execution in Charlotte with a focus on client growth, associate engagement and community service.

Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit, today announced the closing of a new warehouse facility of just over US$283 million with Zip Co Limited (“Zip”), a digital financial services company offering innovative, people-centered products. The facility, arranged in partnership with ATLAS SP Partners and VPC, will support the continued growth of Zip’s U.S. receivables.

SouthStar Capital is pleased to announce the funding of a $5 million accounts receivable financing facility for a growing commercial construction company operating in the Midwest.

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank announced that the bank has provided Triangle Capital Group with a $20 million capital call line facility for their Triangle Strategic Opportunities Fund, LP to increase liquidity ahead of potential opportunistic investments and acquisitions that they forecast to close upon in the next 18-24 months.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of SDG Corporation (“SDG”) by private equity sponsor Recognize Partners.

Wolters Kluwer Financial & Corporate Compliance today announced the results of its latest Regulatory & Risk Management Indicator (“Indicator”) survey, revealing a third consecutive year of declining concern levels among U.S. banking industry respondents regarding the management of their risk and regulatory compliance obligations.

The Cascade Credit Services Board of Advisors and CEO, Wade Owens, is pleased to announce the addition of Errin Richardson Glasgow as the company’s new President of nationwide operations. With over three decades of experience in the asset-based finance sector, Glasgow is widely respected for her leadership, collaborative approach, operational insight, and deep understanding of credit risk and borrower dynamics.

Cascade Credit Services, LLC is a 30-year-old business focused on Collateral Exams, Field Audits, and Collateral Monitoring. The company was Founded by Rich Denman, a former ABL Executive in the Pacific Northwest, who is still with the company as a trainer and mentor as well as the Chairman Emeritus of the Board of Advisors. The company is now owned and operated by entrepreneurs based in Texas, all with over 30+ years in credit, lending, financial due diligence and private company ownership and management.

Siena Lending Group LLC (“Siena”), today announced the closing of a $60,000,000 asset-based credit facility for Taskmaster Components (“Taskmaster”), a premier provider of cargo and utility trailer tires, wheels, components, and assemblies to OEMs, distributors, and dealers across North America.

Republic Business Credit provided a $750,000 factoring facility to an emerging footwear manufacturer. Republic’s traditional factoring product and credit protection services will support the Company’s working capital needs and growth strategy while protecting it from credit risk.