TSL Express Daily Articles & News

Winston & Strawn LLP announced today that Andrew ("Drew") M. Hinkes has joined the Miami office as a partner in the Transactions Department and member of the Digital Assets and Blockchain Technology ("DABT") Group.

Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Michael Anthony Guarino, Esq. has joined the Bank as a Senior Vice President, Attorney.

XP Factory PLC on Wednesday announced the completion of its new GBP10 million revolving credit facility with Barclays Bank PLC, amid a growth in free cash flow. The Crawley, England-based entertainment company operates the Boom Battle Bar and Escape Hunt brands.

Castlelake, L.P. ("Castlelake"), a global alternative investment manager specializing in asset-based private credit, today announced that it has entered into a forward flow agreement with Alma ("Alma"), a Buy-Now Pay-Later (BNPL) solution company in France, to purchase over €3 billion of short duration payment facilities originated online and in stores over a 2.5-year period.

Third Coast Super Holdings, LLC ("Third Coast") is pleased to announce that on September 25, 2024 its wholly-owned subsidiary, Third Coast Infrastructure, LLC, successfully raised $1.025 billion of debt capital financing, comprising a $925 million 6-year Term Loan B and $100 million 5-year Revolving Credit Facility.

Georgia Banking Company, Inc. ("GBC"), the parent company of Georgia Banking Company, and Primary Bancshares Corporation ("PBC"), the parent company of Georgia Primary Bank, jointly announced today the signing of a definitive agreement under which PBC will merge with and into GBC in a stock and cash transaction with an aggregate value of approximately $27 million.

Global consulting firm J.S. Held, proudly celebrating 50 transformative years, acquires Stapleton Group and announces the creation of the Strategic Advisory practice under the leadership of Michael Jacoby, CTP. The Stapleton Group acquisition further strengthens J.S. Held’s restructuring capabilities, spanning bankruptcy, receiverships, turnarounds, ABCs, and other financial advisory services.

Trillium Acquisition Corp. (TSXV: TCK.P) ("Trillium" or the "Company") announces pursuant to the business combination agreement entered into between the Company and Bankview 1827 Investment Corp., Capitol Hill 1426 Investment Corp., and Sunalta 1509 Development Corp. (collectively the "Vendors"), and affiliated entities, dated May 17, 2024 (the "Business Combination Agreement"), the Company intends to provide Bankview 1827 Investment Corp.

EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed a revolving credit facility agreement (the “Credit Facility”) with Desjardins Tech & Innovation Banking of the Desjardins Group (“Desjardins”), the largest financial cooperative in North America. The amount available to the Company under the facility is calculated as the lesser of $5 million and a function of royalties, receivables and inventory.

HAPO Community Credit Union, a leading credit union, and Community First Bank, a trusted provider of financial services in Tri Cities region, jointly announced today that they have entered into a definitive agreement under which HAPO Community Credit Union will acquire Community First Bank.

On October 4, 2024, AeroVironment, Inc., as borrower, and its wholly owned subsidiaries Arcturus UAV, Inc. and Tomahawk Robotics, Inc., as guarantors, entered into that certain Third Amendment to Credit Agreement relating to its existing Credit Agreement, dated as of February 19, 2021

OBSIDIAN ENERGY LTD. (TSX: OBE) (NYSE American: OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") today announced an increase to our syndicated credit facility (the "Credit Facility") along with the substantial repayment of our term loan (the "Term Loan").

Aequum Capital is excited to announce that it has recently provided a $15 million revolving line of credit to a Denver-based distributor of pet products. This strategic credit facility enables the company to leverage its accounts receivables and inventory, allowing it to bring key supplier payables current and place new inventory orders.

MONTICELLOAM, LLC (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, and its affiliates announced the closing of $59,250,000 in bridge and working capital financing for a portfolio of skilled nursing facilities in Illinois.

Moritt Hock & Hamroff is pleased to welcome Sidney Balaban, Danielle Halevi, Juliette Matchton, and Sam Tanenbaum as members of its incoming class of 2024 law school graduates.

US Capital Global is pleased to announce the elevation of Prodi Bhattacharya, Ph.D., to the distinguished role of Partner, Structured Credit and Equity. In this capacity, Dr. Bhattacharya will spearhead US Capital Global’s European and Middle Eastern operations from the group’s London headquarters, which was established in 2020.

Monroe Capital LLC announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of Voyce Global (“Voyce”) by Cloudbreak Health, LLC, an existing portfolio company of GTCR.

Wells Fargo & Company (NYSE: WFC) today named Elena M. Gallo as Government Banking Division Executive. Gallo, a 35-year financial services veteran, succeeds Mara Holley, who is retiring after leading Government Banking since 2015. Gallo is based in New York.

olifi, a global fintech software partner for secured finance, today announced that it will receive a majority investment from TA Associates ("TA"), a leading global private equity firm. This transaction will accelerate Solifi’s growth by supporting product innovation, driving expansion into adjacent financing markets and new geographies, and delivering enhanced value to its customers.

ATC Managers successfully closed a $78 million bridge loan to facilitate the acquisition of a multifamily portfolio. This 12-month, fixed-rate bridge loan will enable the purchase of a portfolio consisting of 27 properties across North Carolina, Florida, and Arizona.