TSL Express Daily Articles & News

B. Riley Securities, Inc. (“B. Riley Securities” or “BRS”), a leading full-service investment bank, served as exclusive financial advisor to Lindsey Systems (“Lindsey” or the “Company”) in connection with a majority equity investment from First Reserve, a leading global private equity firm.

Womble Bond Dickinson (US) LLP today announced that John Cahill has joined the firm as a partner in its New York office, where he will be a key member of the Finance, Bankruptcy & Restructuring practice group. A recognized authority in real estate finance and private capital markets, Cahill brings an institutional transactional practice with deep roots in both domestic and cross-border matters, including significant experience across Asia.

Southstar Capital is proud to announce the successful funding of a $750,000 accounts receivable line of credit for a Southeast-based roofing and solar installation company. The company specializes in commercial solar installation and has recently expanded into the Northeast, securing new project work with a large energy provider.

Today, Venture Global, Inc. (NYSE: VG) announced that its subsidiary Calcasieu Pass Funding, LLC (the “Company”), which indirectly controls the Calcasieu Pass project, entered into a $1,750,000,000 senior secured, term loan B credit facility (the “Facility”). Venture Global used a portion of the proceeds from the Facility to redeem, in full, the preferred equity interests of the Company that were previously issued to Stonepeak Bayou Holdings II LP.

Today Squire Patton Boggs announced the launch of its Sovereign Advisory Group expanding the firm’s longstanding representation of sovereign governments with an integrated financial, economic, legal and public policy advisory offering.

First Citizens Bank today announced that veteran banking executive Chris Stringer has been named Area Executive for the Dallas-Fort Worth market, where he will lead business and branch banking operations, and drive continued growth across North Texas.

Attain Finance (“Attain” or the “Company”), a leading consumer finance company, today announced it has successfully completed the upsizing of its Heights Finance 2025-A credit facility. The now $632.5 million Heights Finance 2025-A facility is a $502.5 million increase.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility and equity co-invest to LB GTMA Opco, LLC (dba “Core Equipment Group” or the “Company”). Proceeds from the credit facility were used to finance the acquisition of the GT Mid Atlantic, a premier heavy equipment dealer.

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $74 billion of capital under management, is pleased to announce that Brian Schwartz, a longstanding member of H.I.G.’s leadership team and the firm’s Co-President, has been appointed Chief Executive Officer.

Phoenix Service Partners (“Phoenix”) today announced that it has upsized its asset-backed credit facility to support its continued growth. Phoenix provides high-horsepower, low-emission natural gas compression services, supporting critical energy infrastructure in the Permian and Eagle Ford basins. 

AIO Logic, the leading fintech innovator in commercial lending and secured finance technology, today announced the appointment of Lydia Taylor as Executive Lead for Business Development. Based in Florida, Ms. Taylor will be responsible for driving nationwide business development efforts, building strategic relationships, and accelerating market penetration across banks, asset managers, and the specialty finance space.

JPalmer Collective (JPC), an asset-based lending firm focused on funding high-growth, women-led, and natural products companies, today announced the appointment of Jonathan Joubran as business development officer. Joubran will be instrumental in connecting growth-stage brands with tailored financing solutions and strengthening client partnerships.

Premier New York-based boutique law firm Kleinberg Kaplan announced the addition of Tiffanye S. Threadcraft as senior counsel in the corporate transactional & finance practice. She arrives from Akin Gump.

Ansley Park Capital (“Ansley Park”), a leading lending and specialty finance platform, announced at ELFA’s Annual National Funding Conference the continued growth trajectory of its Capital Markets platform, detailing two new senior leadership appointments of Erick Berreondo and Nolan Stephenson, both in the role of Managing Director, Capital Markets.

Winston & Strawn LLP announced today that Lee Discher has joined the firm’s Transactions Department as a partner in the Finance Practice in Chicago.

Chicago Atlantic, an alternatives investment manager focused on niche markets, today announced the launch of its Emerging Markets Private Credit strategy, which is expected to expand the firm’s private credit capabilities into high-growth markets across Latin America, Asia, Eastern Europe, the Middle East, and Africa.

EBSC Lending announced that it has provided $21.3 million in construction financing for a 1,775-unit self-storage development in Stockton, California. The financing supports the ground-up development of a new self-storage project designed to serve growing demand in the Stockton market.

KeyCorp (NYSE:KEY) announced that Darrin Benhart, Deputy Chief Risk Officer, has been named the bank's Chief Risk Officer, effective January 1, 2024. Darrin succeeds Mark Midkiff, whose long-planned retirement was announced in November and who will remain at the bank through a transition period.

New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today announced that it, through its subsidiary, Texas Critical Data Centers LLC (the “Borrower”), has entered into a definitive Term Loan Agreement (the “Agreement”) establishing a senior secured term loan credit facility of up to $290 million (the “Term Loan”) with the Commodities and Global Markets business (“Macquarie”), a division of Macquarie Group.

TradeCap Partners, LLC (“TradeCap”) is pleased to announce the closing of a $4 million purchase order (PO) funding facility for a distributor of industrial parts and materials. The company supplies a broad range of industrial products and parts to large US retailers, distributors, government agencies, and aerospace companies. TradeCap’s PO Funding facility was used to support high‑volume and time‑sensitive customer orders.