TSL Express Daily Articles & News

ENGlobal (NASDAQ:ENG) has repaid its credit facility with Pacific Western Business Finance in full and entered into a new credit agreement with Alliance 2000, the family limited partnership of ENGlobal executive chairman William A. Coskey, P.E.

Ninepoint Partners LP (“Ninepoint”), one of Canada’s leading alternative investment managers, and Third Eye Capital Corporation (“TEC” or “Third Eye Capital”), whose affiliate, Third Eye Capital Management Inc., is sub-advisor of the Ninepoint-TEC Private Credit Fund and the Ninepoint-TEC Private Credit Fund II (“the Funds”), today announced that Pieridae Energy Limited (“Pieridae”)

division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece.

White Oak ABL, LLC and White Oak Commercial Finance, LLC, the asset-based lending affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) provided a $40 million North America ABL credit facility (the “ABL Facility”) to Invacare Holdings Corporation (“Invacare” or the “Company”)

Bell Bank, through its Bell Business Credit asset-based lending business channel, provided a $2,000,000 credit facility to a Kentucky-based promotional fulfillment and logistics firm specializing in digital marketing campaigns for Fortune 500 entities.

Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that it has reached an agreement in principle with its existing syndicate of bank lenders led by HSBC Bank Canada

Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that it has secured an incremental $47 million in capital from Blackstone.

Sensys Gatso Group, a global leader in traffic safety solutions, has signed a new facility agreement with Rabobank Netherlands for financing the US Growth plan.

Beleagured U.S. medical technology company Surgalign Holdings filed for a voluntary Chapter 11 bankruptcy on Monday.

Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured term loan commitment to Total MD, LLC (“Total Primary Care”) to refinance previous debt facilities and provide capital for continuing expansion.

Stellus Capital Management, LLC (“Stellus”) announced today that its affiliates acted as administrative agents and provided senior debt financing and an equity co-investment in support of Recognize Partners’ (“Recognize”) investment in 2X LLC (“2X” or the “Company”), an outsourced digital business-to-business (“B2B”) marketing-as-a-service (“MaaS”) provider.

Global law firm Norton Rose Fulbright announced today that corporate finance lawyer Kimberly Perdue has joined its Dallas office as a partner.

The facility is supported by a group of ten leading global and regional banks. Bank of America and SEB acted as joint Co-ordinating Mandated Lead Arrangers and Bookrunners in the process. In addition, Bank of China, BNP Paribas, Citibank, Deutsche Bank, Handelsbanken, HSBC, J.P. Morgan, and Nordea, joined the facility as Mandated Lead Arrangers and Bookrunners.

First Bank has ranked #1 as a BEST Employer in the Extra Large (330+) Employer category in Business NC Magazine. The nod, announced in the June issue, features 50+ employers (categorized by number of employees) in the state who were selected for the designation out of hundreds of nominations.

Huntington Business Credit announced it closed a $35,000,000 new credit facility with SupplyCore Inc. on May 19, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

Cohen joined the firm in 1998 and was promoted to partner in 2007. He is Regional Practice Area Leader of the Americas Real Estate practice and Chair of the Americas Personnel Committee. His practice focuses on real estate private equity and joint ventures as well as acquisitions, dispositions and financings involving real estate.

CIBC Innovation Banking is pleased to announce the lead arrangement of a $60 million syndicated debt financing commitment for Indianapolis-based Bloomerang, LLC (Bloomerang), a complete donor relationship management solution for thousands of small and medium-sized nonprofits.

NMEF, a leading independent commercial equipment lender located in Norwalk, Connecticut, announced that the company won the prestigious GlobalCapital US Securitization Award for ABS Deal of the Year for 2022 for its NMEF 2022-A equipment loan securitization. The company accepted its award at a gala industry dinner in New York City at the Metropolitan Club.

Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announces a recently closed and funded $7 million revolving line of credit, equipment term loan, and real estate term loan for a tempered glass product manufacturer in Tennessee.

Airwavz Solutions, Inc., the market's leading provider of smart building wireless infrastructure, today announced it has closed a transaction to significantly upsize its existing credit facility with AB Private Credit Investors ("AB-PCI"), the middle market direct lending platform of AllianceBernstein.