TSL Express Daily Articles & News

RBC Global Asset Management (U.S.) Inc. ("RBC GAM-U.S.") today announced the launch of the RBC BlueBay Enhanced Income Fund ("the Fund"), a closed-end interval fund providing U.S. investors with access to alternative credit markets through collateralized loan obligations ("CLOs").

Womble Bond Dickinson announced today that Andrew X. Yocopis has joined the firm as a partner in its Real Estate practice, based in Phoenix. Yocopis brings extensive experience representing commercial real estate developers, institutional lenders, private equity groups, pension funds, and real estate investment trusts in acquisitions, financings, leasing, and dispositions across the Southwest.

B. Riley Securities, Inc. ("B. Riley Securities"), a leading full-service investment bank, today announced it served as sole bookrunner to Gladstone Capital Corporation (the “Company”) (NASDAQ: GLAD) in the closing of its $60 million aggregate principal amount of 7.000% Notes due 2029.

Truist Financial Corporation today announced Lindsey Stampone has been named regional president for Pennsylvania and New Jersey, leading one of the company's fastest-growing and strategically important regions.

Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for Artificial Intelligence (“AI”), networking, and blockchain workloads, today announced that it closed a revolving credit facility (the “Credit Facility”) on May 29, 2026.

Cerus Corporation (Nasdaq: CERS) announced today the closing of a new debt facility with MidCap Financial (MidCap), providing up to $110 million. The facility consists of a 5-year term loan and an asset-backed revolving loan.

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”) today announced the closing of a credit agreement with Needham Bank, a Massachusetts-based commercial bank, providing the Company with a US$50 million revolving credit facility (the “Facility”).

First Financial Bank (Nasdaq: FFBC) has completed the conversion of BankFinancial's operating systems and is now offering consumer banking, commercial banking, specialty banking and wealth management services under the First Financial brand in the Chicagoland area.

Cardo AI today announced a new cash flow modeling tool for asset-based finance and specialty finance, built as a modern alternative to incumbent structured-finance cash flow engines such as Intex. The tool addresses a problem that has constrained analysts for years: engines designed for public ABS deals that do not fit today's esoteric asset classes or the needs of insurance investors, who have become major holders of private credit and structured assets.

Rosenthal Capital Group (RCG), the leading private commercial finance firm in the United States, today announced the completion of three separate deals totaling $5 million in the beauty, food & beverage and furniture sectors.

SouthStar Capital is pleased to announce the recent closing of an accounts receivable financing facility for a Southeast-based commercial landscaping and maintenance company serving government, multifamily, retail, and commercial property customers throughout the region.

Cascadia Capital, an independent investment bank serving middle-market clients globally, today announced the launch of its Restructuring & Special Situations practice with the addition of veteran advisors Lorie Beers as Managing Director and Head of Restructuring & Special Situations, Carl Comstock as Director, and several additional professionals expected to join the team in the near term.

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.