TSL Express Daily Articles & News

PlainsCapital Bank recently announced that Andrew Cunningham, CFA®, CMT®, ChFC® has been named Senior Vice President, Chief Investment Officer of The Private Bank at PlainsCapital.

Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.

Boxwood Partners continued its growth trajectory in 2023 as the premier advisor for middle market clients across the franchising, residential services, commercial and industrial services, health and wellness, and business services sectors. Taking 17 deals across the finish line in 2023, the trusted boutique investment bank projects another banner year for M&A activity in 2024.

The transaction will be financed by cash on hand and committed debt financing of $3 billion provided by Morgan Stanley Senior Funding, Inc. Following the closing, Masonite will operate as a reportable segment and will maintain Masonite’s brands and a presence in Tampa, Florida.

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, is pleased to announce that Francis C. Meagher has joined the company as Vice President, Legal Affairs and Senior Counsel, Institutional Transactions & Special Loans.

Constellation Software Inc. (TSX: CSU) (the “Company”) announced today that it has priced a private offering of U.S.$500 million aggregate principal amount of 5.158% senior notes due 2029 and U.S.$500 million aggregate principal amount of 5.461% senior notes due 2034 (collectively, the “Notes”).

Bank of America, N.A. is the Administrative Agent and BOFA Securities, Inc., PNC Capital Markets, LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Bookrunners Fifth Third Bank, National Association, BMO Bank N.A., The Bank of Nova Scotia, and Citizens Bank, N.A., as Co-Documentation Agents Barclays Bank, PLC, Citibank, N.A., and JP Morgan Chase Bank, N.A. as Co-Managing Agents.

Cineplex Inc. ("Cineplex"), a leading entertainment and media company, announced today a proposal to amend the terms of its 5.75% convertible unsecured subordinated debentures due September 30, 2025 (the "Convertible Debentures") as part of a comprehensive refinancing plan to improve financial flexibility and strengthen its balance sheet.

Amer Sports, Inc. (“Amer Sports,” “we,” “us” or the “Company”), a global group of iconic sports and outdoor brands, announced today that its wholly-owned subsidiary, Amer Sports Company (the “Issuer”), has launched an offering of $600 million aggregate principal amount of new senior secured notes due 2031 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) is pleased to announce that on February 8, 2024, the Company entered into a third amended and restated credit agreement (the “New Credit Agreement”) with a syndicate of 9 lenders for revolving credit facilities in an aggregate amount of $510 million (which includes a $20 million swingline facility).

Tiger Group andAVGear.com today announced a collaboration that will bring a wide array of new, refurbished and certified professional audio visual equipment to the market across North America and globally.

Lafayette Square, a national investment platform, announced today that it has provided financing to support the growth of Marshall & Stevens. Marshall & Stevens is a leading provider of independent valuation and advisory services, providing multi-disciplinary solutions for independent assessments of corporations, debt and equity instruments, infrastructure, intangible assets, litigation support, machinery and equipment, and real estate.

BNP Paribas Wealth Management and BNP Paribas Cardif announce a partnership with Blackstone, the world’s largest alternative asset manager, to offer “Blackstone European Private Credit Fund”, a new unit-linked private debt-backed unit-linked account.

First Eagle Alternative Credit (“FEAC”) today announced that President Chris Flynn plans to leave the firm in early 2025. Effective immediately, Flynn will share the title of FEAC Co-President with Jim Fellows, Chief Investment Officer of FEAC. Fellows will become President upon Flynn’s departure, while continuing to serve as CIO, and this period of co-leadership is intended to promote a smooth transition of responsibilities.

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today the closing of a credit facility with participation from Funds and Accounts managed by BlackRock U.S. Private Capital (“BlackRock”), UBS O’Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank.

Glass container manufacturer Arglass has secured over $230 million in capital to build a second furnace on its campus in Valdosta, Georgia. Arglass raised a combination of structured equity and debt to finance the construction.

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced it has successfully closed a $47.5 million project finance term loan from Manulife, a global financial services provider. The term loan will support the commercial operation of Revolution, Spearmint’s 150 MW, 300 MWh battery energy storage system (“BESS”) project located in West Texas’ ERCOT power market.

Quasar Capital Partners proudly announces the appointment of Tanya Fontenot as the new Vice President of Business Development. Based in Baton Rouge and with over 17 years of experience in the finance industry, Tanya brings a wealth of knowledge and a proven track record of success in banking, factoring, and commercial finance.

In response to the remarkable growth experienced by Georgia Banking Company (GBC) over the last three years, the organization is proud to announce strategic leadership changes that reflect its commitment to maintaining momentum and focusing on key strategic priorities.

Iron Horse Credit (“IHC”), a leading inventory lender, is pleased to announce the closing of a $1,000,000 stand-alone inventory revolving line of credit to a wholesaler of men's designer shoes.