TSL Express Daily Articles & News

Exchange Bank (OTC: EXSR) announces the promotion of Kelly Back to vice president, commercial relationship manager, moving from his previous role as Sebastopol branch manager. In his new role, Kelly will focus on establishing and deepening relationships with commercial lending and commercial real estate customers as well as aligning retail branch and commercial banking activities.

Winston & Strawn LLP acted as U.S. counsel to Grupo Energía Bogotá S.A. E.S.P. (GEB) in connection with GEB’s inaugural sustainability bond offering of US$400M. GEB became the first company in Colombia to issue sustainability bonds in the international capital markets.

First Citizens Bank today announced that its Middle Market Banking business has named Matthew Tollenaer as a managing director and market leader dedicated to originating and cultivating business in Atlanta and the surrounding region.

Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, today announced the closing of a $40 million senior secured term loan facility with Fisher Dynamics (“Fisher”). Fisher is a vertically integrated supplier of engineered seating structures and safety mechanisms to major OEMs and Tier 1 automotive suppliers worldwide.

MidCap Business Credit LLC, announced today that it has completed a $23,700,000 million asset-based credit facility to a manufacturing company in Cleveland, Ohio. The facility was comprised of an $18 million revolving line of credit and a $5.7 million real estate term loan.

Amergin Asset Management ("AAM") today announced that Amergin Rail, a portfolio company of certain funds managed by AAM, has closed on a $450 million credit facility that includes a revolving tranche to fund future railcar and portfolio acquisitions.

Briar Capital Real Estate Fund (www.BriarCapital.com) and Pathward®, N.A. (www.Pathward.com) are pleased to announce they each simultaneously closed new loan facilities totaling $23.9MM to a precast concrete company with manufacturing facilities in Houston and San Antonio, Texas.

Mountain Ridge Capital ("MRC") is pleased to announce the closing of a $15 million senior secured credit facility to ICU Eyewear, Inc (wholly owned subsidiary of 1847 Holdings, LLC). ICU is a west coast-based designer and marketer of eyewear and eyewear accessories.

Pantheon, a leading global private markets investor, is pleased to announce the upcoming launch of the Pantheon Global Private Equity Fund (PGPE), the latest addition to the firm’s growing global private wealth platform. PGPE is an open-ended, evergreen fund that seeks to provide private and institutional investors with unique exposure to a diversified private equity portfolio through a single investment.

NeuPath Health Inc. (TSXV:NPTH), (“NeuPath” or the “Company”), owner and operator of a network of clinics delivering category-leading chronic pain treatment, today announced completion and closing of a new credit facility (“Credit Facility”) with its existing lender Royal Bank of Canada (“RBC”).

Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) (“Thunderbird” or the “Company”) announced today that it has entered into an amended and restated cooperation agreement (the “A&R Cooperation Agreement”) with Voss Capital LLC and certain of its affiliates (collectively, “Voss”), which together own approximately 13.1% of the outstanding common shares of Thunderbird.

(“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS) today announces that the Company has entered into an amendment agreement (the “Amending Agreement”) with Beedie Investments Ltd. (the “Lender”) in order to amend certain terms of the credit agreement dated January 13, 2023 between the Company and the Lender (the “Credit Agreement”).

Acumen Pharmaceuticals, Inc. (NASDAQ: ABOS) (“Acumen” or the “Company”), a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (“AβOs”) for the treatment of Alzheimer’s disease (“AD”), today announced that it has entered into a senior secured loan and security agreement (the “Loan Agreement”) with K2 HealthVentures, a healthcare-focused specialty finance company.

City National today announced the appointment of Howard Hammond as CEO. Kelly Coffey has been named CEO, City National Entertainment. Both appointments are effective Nov. 27.

Breakout announced today that the Company has unveiled a new brand identity, reflecting its redefined strategy focused on delivering a comprehensive suite of specialized lending products to address the unique challenges of its small business clients throughout the United States.

Since 1985, Bay View Funding has been providing reliable and quality accounts receivable financing services to businesses across America. We are committed to understanding and servicing our clients'​ accounts receivable financing needs quickly, professionally, and with the least amount of hassle.

- Proceedings were commenced today in respect of Crown Crest Capital Management Corp. and certain of its affiliates (the "Company") under the Companies' Creditors Arrangement Act (CCAA). This is a court-supervised process that will allow for a financial and operational restructuring of the Company. This process is not a bankruptcy or liquidation of the Company.

In recent years, consumers have had to face the realization that the retail stores they’ve grown to know and count on can disappear overnight. Store closures of this kind have been happening for decades, and now JOANN Inc., the fabric and craft store, might be the next retailer facing extinction.

Eclipse Business Capital LLC (“EBC”) announced that it has provided a $100 million senior secured ABL credit facility to a specialty chemical manufacturer.

Leading global professional services firm Alvarez & Marsal (A&M) announced the appointments of Joe Shepley and Michael Sugrue as Managing Directors with its Disputes and Investigations practice. Mr. Shepley’s and Mr. Sugrue’s hiring furthers A&M’s ability to address the market’s growing data privacy and eDiscovery concerns globally.