TSL Express Daily Articles & News

Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $100 million credit facility with MUFG. The additional warehouse capacity will fuel Lendbuzz’s continued loan origination growth.

U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, today announced expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s Wealth, Corporate, Commercial and Institutional Banking (WCIB) team.

FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Peter Dumas as a Managing Director in the Lender Services practice within the firm’s Corporate Finance & Restructuring segment.

Small business filings, captured as subchapter V elections within chapter 11, registered a 53 percent increase to 228 in May 2024 from 149 in May 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Commercial chapter 11 filings increased 11 percent in May 2024 to 759 from the 683 filings in May 2023.

Gray Television, Inc. (“Gray” or the “Company”) (NYSE: GTN) announced today that it has closed a refinancing of its $1.15 billion term loan due in 2026 and upsizing of its revolving credit facility.

Eric William Anderson, age 63, of Atlanta, Georgia, passed away peacefully in his home on May 30, 2024. He was born on May 24, 1961, in Madison, Wisconsin, to Eleanor Shefferman and Norman Anderson. He is survived by his wife, Ellen; his children, Ian, Henry, and Eva; and his grandchildren, Bowen and Brooks.

BMO Private Bank announced today that Steve Johnson has been named to the role of Regional President, North Central States, BMO Private Bank. In this role, he will be responsible for the strategic development and delivery of wealth management services for high-net-worth individuals, family-owned businesses, endowments and foundations in Wisconsin, Minnesota, Indiana, Kansas and Missouri.

Raketech Group Holding Plc (Nasdaq:RAKE), the iGaming performance marketing partner is pleased to announce that the company has signed a revolving credit facility (RCF) with Bank of Valletta, one of the largest banks in Malta, partially owned by the Maltese government.

First Citizens BancShares Inc. (Nasdaq: FCNCA), parent company of First Citizens Bank, today was named for the first time to the Fortune 500™ list of the largest companies in the United States by revenue.

Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of CargoBarn by Sheer Logistics, an existing portfolio company of Woodlawn Partners.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, is pleased to announce that Angela Conti will be joining the leadership team as Head of Consumer and Small Business Banking.

Beacon Pointe Advisors ("Beacon Pointe") announces its recent partnership with Joslin Capital Advisors ("Joslin Capital"). Based in Redmond, Washington, Joslin Capital is Beacon Pointe's second RIA acquisition of 2024 and brings approximately $775M in client assets under advisement to Beacon Pointe.

Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.

Whalen Global Advisors LLC (WGA) has published the latest edition of The IRA Bank Book for Q2 2024. The quarterly outlook for the US banking industry features more than 30 Pages of charts and commentary about the financial condition of the sector. The highlights of the new report include:

Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that it has appointed Carlos Acedo as the Company’s Vice President of Finance. Mr. Acedo will report to Legacy Chief Executive Officer Clark Griffith and will play a key role in shaping the financial strategies of the company.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.

J D Factors provided $10,250,000 in new factoring facilities to 41 new clients in the US and Canada during the month of May.