TSL Express Daily Articles & News

Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, today announced that it has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota.

JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led companies, today announced the closing of a $4 million loan to Wine By Joe/Dobbes Family Winery a high-quality, Oregon-crafted wine brand produced by one of the state’s largest wineries.

Top California Lender, a leading nationwide provider of commercial real estate financing, is proud to announce the closing of two significant acquisition loans totaling $7.8 million. Finalized today, these deals highlight the company’s swift action under urgent circumstances, stepping in to close both transactions simultaneously to enable the investors to move quickly and secure the properties.

Top California Lender, a nationwide private lender focused on commercial real estate financing, announces a strong start to 2026 following the onboarding of a new group of high-net-worth and institutional investors and the closing of three commercial real estate loans totaling $25.9 million

Top California Lender, a nationwide private lender focused on commercial real estate financing, announces a strong start to 2026 following the onboarding of a new group of high-net-worth and institutional investors and the closing of three commercial real estate loans totaling $25.9 million.

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 acquisition of The Opus Group (“Opus”) by private equity sponsor EagleTree Capital.

After reaching an agreement with a group of senior secured bondholders for $500m in exit financing, Saks Global is preparing to leave Chapter 11 bankruptcy this summer. The retailer said it has entered into a restructuring support agreement with an ad hoc group of those bondholders, and the new funding intended to support the business as it transitions out of bankruptcy protection.

Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to GOAT Foods, LLC (“GOAT” or the “Company”) to refinance previous debt facilities and provide capital for growth.

Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced it has set a new all-time record of $1.81 billion in new debt and equity commitments for the first quarter of 2026.

Advantage Business Capital would like to announce the $22MM factoring portfolio acquisition of a regional bank based in the Southeast. The transaction closed in Q4 2025. Advantage was recommended to the bank by an industry relationship.

Womble Bond Dickinson (US) LLP today announced that partners Michael Waskiewicz and Armando Nozzolillo and of counsel Robert Neilson have joined its Finance, Bankruptcy & Restructuring practice group.

When a Houston-area construction contractor experienced tightening cashflow and growing project volume, Flatbay Capital structured a $2MM interest-only CRE bridge loan secured by a first lien on the borrower’s 10,000 sf owner-occupied industrial facility.

Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced the successful acquisition of G2 Capital Advisors ("G2"), a premier full-service, industry-focused investment bank and restructuring advisory firm.

Global law firm Clifford Chance has strengthened its corporate, private capital and M&A tax capabilities with the addition of Adriana Zhan as a partner in its Tax, Pensions and Employment (TPE) group. Based in New York, Zhan will help accelerate the firm’s strategic expansion of its transactional platform in the US market.

Caris Life Sciences has entered into a new senior secured financing agreement totaling up to $1.2 billion with funds managed by Blue Owl Capital and Blackstone. The structure includes an initial term loan of $400 million funded at closing, a committed delayed‑draw term facility of up to $300 million, and an uncommitted incremental facility of up to $500 million.

Convene Hospitality Group (CHG), the leading global hospitality platform at the intersection of corporate conferences, meetings and experiential events, today announced that it has secured $230 million in strategic growth capital to accelerate global expansion across its multi-brand platform.

SG Credit Partners is pleased to announce the addition of Bill Drmacich as a Managing Director in its Commercial Finance team. Bill is tasked with driving the strategic direction of the group, expanding nationwide coverage footprint and building a sponsor coverage practice. During Drmacich’s 30+ year career, he has spent significant stretches with HSBC, CIT, Ares and Mountain Ridge.

Bed Bath & Beyond, Inc. (NYSE: BBBY) (“Bed Bath & Beyond” or “BBBY”) has issued the following letter from Marcus Lemonis, Executive Chairman and Chief Executive Officer of Bed Bath & Beyond

A Crane Rental is a leading provider of full-service infrastructure with a modern fleet of rental crane equipment and heavy lifting solutions for commercial construction, industrial maintenance, oil and gas, wind and energy, and other industries. With eight strategically located branches in the Eastern United States, A Crane’s fleet includes hydraulic truck cranes, all terrain cranes, crawler cranes, rough terrain cranes, and boom trucks.

SFNet’s Advocacy Committee is planning next steps in response to the banking agencies’ proposed bank capital rule changes (Basel III Endgame) we alerted you to last month, including direct outreach to lawmakers, preparing questions to submit to lawmakers during an upcoming hearing and potentially submitting a revised comment letter to address specific concerns with the rules.