TSL Express Daily Articles & News

Neptune Wellness Solutions Inc., a consumer-packaged goods company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced that its nutraceuticals brand subsidiary, Biodroga Nutraceuticals Inc., has entered into an accounts receivable factoring facility and inventory finance rider with Alterna Capital Solutions, LLC.

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of equity capital under management, is pleased to announce that Jenny Nelson, Jennie Park, and Joe Tremblay have joined the firm’s Capital Formation Group. Jenny and Joe join as Managing Directors, based in California, and Jennie Park has joined as a Principal, based in New York.

Cicada Partners, a credit risk management company, and Atlendis Labs, a private credit Fintech, jointly announced a strategic and exclusive partnership to launch short-duration private credit opportunities, with an initial focus on Asset-Backed Lines of Credit.

B. Riley Advisory Services, a leading provider of business advisory, appraisal and consulting services and subsidiary of B. Riley Financial (Nasdaq: RILY), is pleased to announce the addition of Alistair Ross as a Senior Vice President, based in California.

The U.S. banking industry, while lagging other developed markets, is continuing to progress in addressing the risks associated with climate change and the transition toward a low-carbon economy.

Wolters Kluwer officials point to the company’s work to create an inclusive culture, which is reflected in recognitions such as Wolters Kluwer being named the Netherlands’ top company for gender diversity in the Equileap Gender Equality Global Report & Ranking, 2023 and among the Top 100 companies in the Financial Times’ Diversity Leaders 2023 ranking.

TD Bank, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the seventh consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2023 fiscal year. TD Bank is also the #2 ranked SBA lender nationwide.

Ares Commercial Finance announced today that it, along with other Ares Management Credit funds, has provided a senior secured credit facility to Priority Waste (the “Company”), a portfolio company of TRP Capital Partners.

First Citizens Bank today announced that its Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties.

NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations, effective November 27, 2023.

US Capital Global, a leading global private financial group for the middle market, is excited to announce the appointment of Steven J. Barton as Senior Vice President to lead its newly established office in Minneapolis, Minnesota.

By order of U.S. Bankruptcy Court, Tiger Group offers assets from Lemnature AquaFarmsproduction and R&D plants in Florida; bidding opens Dec. 5.

Sumitomo Mitsui Banking Corporation (SMBC), a member of SMBC Group, today announced that Paul Burke has joined the firm to lead a newly created Capital Solutions Group.

Six One Commodities LLC (“61C”) today announced that it has successfully closed a $700 million expansion and renewal of its one-year revolving borrowing base credit facility (the “Facility”). ING Capital LLC, Wells Fargo Bank, N.A., MUFG Bank, Ltd., and Societe Generale are Joint Lead Arrangers for the Facility. Other lenders participating in the facility are HSBC Bank USA NA, Coöperative Rabobank U.A, Natixis, New York Branch, Credit Agricole Corporate and Investment Bank, GarantiBank International N.V., and Valley National Bank.

Primergy Solar LLC ('Primergy'), a leading developer, owner, and operator of utility-scale solar and storage projects, announced today that it closed commitments for $300 million in debt finance and tax equity investment for the 100 MWac Prairie Mist Solar Project in Ashley County, Arkansas.

Siena Lending Group LLC ("Siena") is pleased to announce the closing of credit facilities totaling $45.6 million for a California-based manufacturer of healthier snacks and related food products (the “Company”).

CIBC Innovation Banking announced today that it has provided Senior Credit Facilities to support BVP Forge’s strategic investment, and fund the recapitalization of Parsec Automation, a leading Manufacturing Operations Management (MoM) software platform.

A vitamin supplement company secured a promising contract with payment terms beyond their current cash flow capabilities. Keen to take advantage of this significant opportunity, a broker referred them to Gateway Trade Funding.

Yieldstreet, a leading private markets investing platform, and Garrington Capital US Corp. (“Garrington”), a leading provider of capital solutions to small- and mid-sized enterprises in the United States and Canada, today announce a new joint venture focused on opportunities in the equipment finance sector.

Wells Fargo today announced its formal plans to expand its Hudson Yards office footprint and create a better, more collaborative employee experience with the purchase of additional space at Hudson Yards. This transaction represents a significant investment in the New York City (NYC) market and an opportunity to bring most NYC-based Wells Fargo employees together in one location for improved collaboration and access to new, more modern workspaces, technology, and amenities.