TSL Express Daily Articles & News

Homin Lee, shareholder of global law firm Greenberg Traurig, LLP, was named a 2024 Banking and Finance Visionary by the Los Angeles Times B2B brand publishing team.

The Singing Machine Company, Inc. (“Singing Machine”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced the closing of a $2 million senior credit facility with Oxford Commercial Finance, a subsidiary of Oxford Bank.

Salona Global Medical Device Corporation (“Salona Global”, “SGMD” or the ‎‎“Company”) (TSXV:SGMD) today announced the expansion of its bank line. On September 12, 2023, an operating subsidiary of the Company, Biodex Medical Systems, Inc. (the “Borrower”), entered into a Master Credit and Security Agreement and related Schedule (the "Agreement") with Pathward, National Association (the “Lender”)

SLR Business Credit announces the funding of a $500,000 accounts receivable credit facility for BeYou Cosmetics, a manufacturer of natural skincare products.

Armory Securities, LLC is pleased to announce that Vivos Holdings, LLC, a subsidiary of Emprise Group, Inc. (formerly Vi-Jon Holding, Inc.), has secured $325 million of new financing, the proceeds of which were used to refinance existing indebtedness of Emprise Group.

Leading global professional services firm Alvarez & Marsal’s Global Transaction Advisory Group (Global TAG) announces the establishment of an Executive Office, marking a significant period along its historically remarkable growth trajectory.

Flatbay Capital lends $750,000 to a Houston-based trucking company, secured by 10 acres of commercial land to be used as their future headquarters.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1 million in loans to support its expansion.

Tiger Finance's lending platform continued to grow in the first quarter ended March 31, providing $102 million in financing to retail and other borrowers across North America.

Brightwood Capital Advisors, LLC, a private credit firm, announced that it has closed Brightwood Capital MM CLO 2024-2 Ltd., a $707 million collateralized loan obligation (“CLO”). This CLO represents the second largest new issue middle-market CLO this year, bringing the firm’s year-to-date issuance to $862 million and positioning Brightwood as one of the top three largest middle-market issuers year-to-date, representing over 10% of total middle-market issuance.

Private equity entered 2024 ready to shop, and a study released today by Citizens reveals many business leaders may be open to making a deal.

HawkEye 360, a leading provider of space-based RF data and analytics, announced it had secured $40 million in debt financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, to further its mission of delivering advanced geospatial capabilities.

New bankruptcy filings during the first calendar quarter of 2024 (Jan. 1 through March 31) registered year-over-year increases across all U.S. major filing categories, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data.

U.S. Bank offers a wide range of risk management and financing solutions to help firms improve their working capital along supply chains. In recent years, firms’ working capital needs have expanded in order to manage growing supplier networks across multiple jurisdictions, improve supplier resiliency and sales efficiencies. To continue to add to its working capital toolkit for businesses, U.S. Bank will now provide its clients Levantor’s sales finance solutions.

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that their New York City Commercial Banking Team closed a $150 million senior revolving credit facility for a premier New York -based finance company.

AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").

Wolters Kluwer, a global leader in professional information, software solutions, and services, has appointed Catherine Wolfe as Executive Vice President and General Manager of its CT Corporation business, effective April 1. CT Corporation is a leading provider of corporate services and entity management solutions to organizations of all sizes in the U.S. market.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $85.0mm senior secured credit facility to Avison Young (“Avison Young” or the “Company”). The MidCap credit facility is part of a comprehensive financial recapitalization transaction (“Transaction”).

Matrix Applications LLC (“Matrix”), a financial technology and operational solutions provider for the capital markets, is proud to announce the launch of Transparence, a back office processing solution for equity finance operations.

PKF Clear Thinking, the award-winning business advisory firm and subsidiary of PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, is proud to announce that it has been awarded the "Section 363 Sale of the Year ($50MM to $100MM)" by the 18th Annual Turnaround Awards for its contribution to the sale of Rockport to Authentic Brands Group.