TSL Express Daily Articles & News

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.

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

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.

Nada, a leading fintech company offering homeowners debt-free access to home equity, has secured an up to $25 million revolving credit facility from Kawa Capital Management, an alternative asset management firm with over $3 billion in assets under management and renowned for its expertise in structured real estate and credit markets.

Wolters Kluwer, a leading provider of professional information and software solutions, is proud to announce its number two ranking in the global Business & Professional Services Category on Newsweek's World's Most Trustworthy Companies list.

DC BLOX, a leading provider of interconnected data centers, today announced it has raised incremental equity capital from its existing and new investors, led by Post Road Group and Bain Capital Credit. The funding will enable the deployment of over $1 billion of total capital to finance future construction and the development of powered-land banking opportunities, reinforcing DC BLOX’s market position as a hyperscale-ready data center platform.

CapitalPlus Financial Services, a leading provider of construction factoring solutions, is proud to announce the successful funding of a $500,000 factoring facility for an Illinois-based interior finishing contractor.

PlainsCapital Bank is pleased to announce that Sara Brooke Burnside has joined its Houston lending team as Senior Vice President, Senior Commercial Loan Officer. She will be based at the Bank’s Richmond Avenue location at 2925 Richmond Avenue, Suite 100.

Loeb, a leader in providing tailored financial solutions, has successfully assisted a Wisconsin-based gear manufacturing company in navigating severe financial difficulties. Facing an urgent need to liquidate its business, the company turned to Loeb for a swift and effective resolution.