TSL Express Daily Articles & News

The 281 commercial Subchapter V elections within Chapter 11 in May 2026 represented a 36% increase over the 207 filings recorded in May 2025, according to data provided by Epiq AACER, the leading provider of United States bankruptcy filing data.

Mountain Ridge Capital (www.mountainridgecap.com), an asset-based commercial finance company is pleased to announce that a $30 million asset-based lending facility provided to a family-owned, multi-generational, footwear design Company has successfully refinanced with a bank facility.

SixCap Healthcare Finance announced today that Kinh Reynolds has joined the firm as Vice President of Finance. Reynolds brings more than 30 years of accounting and finance experience across healthcare, commercial finance, public accounting, and operational leadership roles. Her background includes senior leadership positions in both lending and healthcare organizations, with expertise spanning financial reporting, portfolio management, audit, internal controls, strategic planning, and operational finance.

Birks Group Inc. (“Birks Group” or the “Company”) (NYSE American LLC: BGI) announced today the signing of a five-year $32.5 million senior secured term loan facility (“Term Loan”) with 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Group (“Gordon Brothers”) and the designated administrative agent under the facility.

esVolta, LP (esVolta), a leading developer, owner, and operator of utility-scale battery energy storage projects across North America, announced today that it closed an expanded corporate credit facility providing up to $450 million of capital to drive new utility-scale energy storage projects in existing and new markets.

Eastern Bank today announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP), a revolving line of credit to support the company’s ongoing working capital needs, cash management solutions, as well as the availability of a comprehensive range of wealth management and retirement planning services.

Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has participated in the term loan facility supporting the acquisition of Signal Peak Silica, a leading manufacturer and reseller of high-quality local proppant, by Iron Oak Energy Solutions (“Iron Oak Energy” or “the Company”), a leading diversified proppant provider in North America.

AIP Capital, an alternative investment manager focused on opportunities in asset-based finance today announced that it has expanded its team appointing Matt Stevens as Managing Director to lead AIP's commercial efforts in the Americas.

Banco Plata announce that it has secured $300 million from Oaktree, Macquarie Group, Fasanara Capital and Banco Covalto under the Nomura - led up to $500 million Private Credit facility executed in December 2025. These funds add to the original commitment by Nomura.

DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that it has entered into a new $250 million reducing revolving credit facility (the “Facility”).

RadNet, Inc. (NASDAQ: RDNT) (“RadNet”), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of outpatient imaging centers and a premier developer of radiology digital health solutions, today announced that it seeks to secure an incremental term loan in the aggregate principal amount of $200 million (the “Proposed 2026 Incremental Term Loan”) pursuant to a proposed amendment (the “Proposed Amendment”) to its Third Amended and Restated First Lien Credit and Guaranty Agreement, as amended (the “Existing Credit Agreement” and, the transaction, the “Loan Transaction”).

Mr. Rugani brings more than 17 years of experience representing financial institutions, technology companies, accounting firms and public companies in their most significant litigation and regulatory matters. He has established a multi-faceted practice spanning securities class actions, shareholder derivative lawsuits, commercial contractual disputes, consumer class action litigation, and other complex matters at the trial and appellate levels.

Baker Hill, a leading provider of commercial loan origination, risk management and analytics solutions for financial institutions, today announced a strategic partnership with Participate to modernize how financial institutions originate, distribute and manage commercial loans.

Tiger Group and Can-Am Machinery, Inc. are now entertaining offers for an old corrugated containers (OCC) fiber processing and recycled pulp production plant, along with a drying system capable of handling everything from sludge to renewable wood pellets.

Global M&A Network has named A&G Real Estate Partners “Real Estate Advisor of the Year” in a nod to the firm’s industry-leading role in portfolio-optimization and real estate strategy in 2025.

Abacus Finance Group, LLC – a leading provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support SBJ Capital’s strategic investment in 3B International, a global fragrance developer and brand creator.

When a product withdrawal and rising beef and poultry costs left a leading Texas meat processor cash-constrained — right as a major sales rebound was taking shape — traditional lenders stepped back. Flatbay Capital stepped in. Business Development Officer Stephanie Roehm structured a solution backed by their cold storage facility to catalyze a strategic turnaround.

Perk (formerly TravelPerk), the AI-native travel and spend management platform, today announced the close of a $300 million private credit facility led by Neuberger Speciality Finance, alongside Blue Owl Capital Inc. (NYSE: OWL), Hercules Capital Inc. (NYSE: HTGC) and Liquidity. The facility upsizes and replaces Perk's 2024 credit facility on materially improved terms.

Provident Bank, a leading New Jersey-based financial institution, announced today the appointment of Annamaria Vitelli to Executive Vice President, Chief Wealth Officer of Provident Bank and President of Beacon Trust, effective immediately.

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, today announced that it has provided a $200 million condo inventory loan to Malabar Residences, a newly constructed ultra luxury residential condominium and ground floor retail building located at 126 East 57th Street, Manhattan, NY, developed by MRR Development, a U.S. real estate powerhouse.