TSL Express Daily Articles & News

DigitalBridge Group, Inc. (NYSE: DBRG) ("DigitalBridge"), today announced the close of its digital infrastructure credit fund, DigitalBridge Credit (Onshore), LP, together with its parallel vehicles, (collectively “DBC” or the “Fund”), which raised aggregate commitments of $1.1 billion inclusive of related co-investment commitments alongside the Fund.

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Brandon Rice as a managing director within the healthcare investment banking group. Rice joins Piper Sandler with 17 years of healthcare investment banking experience in strategic and capital markets transactions across the med-tech sector.

Churchill Asset Management and Arcmont Asset Management, the U.S. and European operating companies of Nuveen Private Capital, today announced the appointment of Jamal Hammoud as Managing Director and Senior Investment Strategist. Mr. Hammoud will be responsible for supporting and amplifying Churchill’s and Arcmont’s (collectively, Nuveen Private Capital’s) presence and fundraising efforts in the Middle East.

Banco Latinoamericano de Comercio Exterior - Bladex (NYSE:BLX), announced today the successful closing of a US$368 million A/B Loan Facility, under IDB Invest´s A/B Loan Structure, and US$27 million associated Debt Service Reserve Letter of Credit Facility.

Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today jointly announced that, at their respective special meetings of stockholders held earlier today, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest.

Longroad Energy Holdings, LLC ("Longroad"), a U.S.-based renewable energy developer, owner and operator, announced today that it has closed $600 million in debt financing to further accelerate the growth of its wind, solar, and battery portfolio. The credit facility is composed of a $275 million term loan, a $175 million revolving credit facility, and a $150 million letter of credit facility.

Global law firm Hogan Lovells today announced that Michael Bonsignore has joined the Corporate & Finance practice group in Washington, D.C. as a partner in the firm’s Infrastructure, Energy, Resources, and Projects (IERP) practice area. He joins from Clifford Chance.

FGI Worldwide LLC (“FGI”), a global leader in commercial finance, today announced that the UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”), has chosen FGI T.R.U.S.T. ™ as its software platform for bad debt protection management and administration.

Food group Greencore said it has agreed a new sustainability-linked credit facility worth £350 million that will give the company financial flexibility as it targets growth.

The team provides in-depth financial data analysis to help businesses plan and structure for the future. According to Seth Webber, Valuation Practice Group Principal, “Erik has a long career specializing in project finance, M&A, and corporate finance transactions. His unique skill set deepens our ability to meet the strategic business needs of our expanding customer base.”

Sallyport Commercial Finance announced it provided $7,000,000 in accounts receivable and $9,000,000 in machinery and equipment finance make up a bespoke package for a recycled plastics manufacturer.

Citizens M&A Advisory announced today that it served as the exclusive financial advisor to Engineered Solutions Group on its previously announced acquisition by The Timken Company.

The Global M&A Network has recognized Hank Waida in the 2023 Top 100 Restructuring Professionals. Celebrating its 10th anniversary, the annual list highlights influential professionals in the restructuring, distressed M&A, and turnaround communities.

The Real Good Food Company, Inc. (NASDAQ: RGF) (“Real Good Foods” or the “Company”), a leading health and wellness frozen and refrigerated foods company, today announced the signing of a definitive debt refinancing agreement with PMC Financial Services Group, LLC (“PMC”), which is expected to enhance the Company’s liquidity position by up to $15 million.

Golub Capital acted as Left Lead Arranger on a $490 million incremental first lien term loan for Colibri Group (“Colibri”). The proceeds will be used to fund two acquisitions and repay an existing second lien term loan. The deal initially launched at $400 million and was then upsized by $90 million to fund a new tuck-in acquisition.

TD Bank, America’s Most Convenient Bank®, today announced that Mike Nursey has been named its North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne areas. Nursey is based in Tampa.

Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced today a $50 million debt commitment to Linxup, a U.S.-based GPS tracking, telematics and fleet management provider serving small and mid-size businesses.

Gordon Brothers, the global asset experts, is partnering with Maynards Europe to sell by online auction AURORA Lichtwerke’s lamp development and manufacturing plant assets.

Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles.

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has sold its portfolio company Therapeutic Research Center (“TRC” or the “Company”) to Colibri Group, a portfolio company of Gridiron Capital. Financial terms of the transaction were not disclosed.