TSL Express Daily Articles & News

Abacus Finance Group, LLC – a leading provider of cash flow-based, classic senior debt for sponsor-led buyouts of lower middle-market companies – today announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the Ad-On of I&I Sling, Inc. and Slingmax, Inc. by Yale Cordage, a River Associates Investments, LP portfolio company.

Dext Capital (Dext), a leading healthcare equipment leasing company, announces the recent closing of an investment-grade corporate note issuance. Proceeds from the BBB rated transaction will support continued growth and expansion initiatives for the business, primarily by funding new originations.

The facility was agented by Texas Capital Bank, and Wells Fargo and Bank OZK served as joint lead arrangers. The new facility demonstrates the strength of Wingspire’s platform during these volatile times.

Six Flags Entertainment Corporation (NYSE: SIX) (the “Company,” “we,” “us” or “our”), the world’s largest regional theme park company and the largest operator of water parks in North America, today announced that concurrently with the closing of the Company’s previously announced offering of 7.250% Senior Notes due 2031,

J D Factors provided $20,760,000 in new factoring facilities to 29 new clients in the US and Canada during the month of April.

PNC Bank, N.A. provided a senior secured debt facility in connection with the transaction.

Assembled Brands, the leader in financing today’s top consumer brands in the United States, announced the closing of $12 million in new facilities during the month of April. The new facilities are just one of the many ways Assembled Brands is committed to meeting the evolving needs of borrowers in the CPG industry.

SLR Equipment Finance is pleased to announce Michael Luke has joined our company as Vice President of Syndication. In his role, Michael will help grow SLR Equipment Finance’s new and existing relationships within the market place.

B. Riley Securities, a leading middle market investment bank and subsidiary of B. Riley Financial (Nasdaq: RILY), announced a series of strategic hires further expanding its market leadership and expertise across Consumer industries.

Alleon Healthcare Capital, a specialty finance company that provides healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the United States, has announced the closing of a $1,300,000 medical accounts receivable financing facility with a health network in Florida (Company).

A May 16 Tiger Group online auction features 2,120 kraft linerboard paper rolls formerly owned by a global broker and distributor of pulp and paper products.

LO3 Capital, a private investment firm committed to providing lower-middle market companies with transformative capital, announced today that it provided a senior subordinated debt investment to support the Santmyer Companies, Inc.'s (Santmyer) acquisition of Cole Distributing, Inc. (Cole Distributing).

Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) has executed a mandate letter to arrange a senior secured project finance facility of up to US$400 million (the “Mandate”) to fund the construction and development of its Marathon Palladium-Copper Project, located on the north shore of Lake Superior in the Province of Ontario, Canada (the “Marathon Project”).

Lannett Company, Inc. (OTCMKTS: LCIN) (the "Company" or "Lannett") today announced that it and certain of its subsidiaries have commenced prepackaged Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware

PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has signed a definitive agreement to acquire a majority interest in Deerpath Capital Management, LP and its associated affiliates. Deerpath Capital is a U.S. private credit and direct lending manager focused primarily on financing private equity sponsor-backed companies in the lower middle market.

ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty plasma-derived biologics, today announced the Company has amended the terms of its existing senior credit facility with Hayfin Capital Management (“Hayfin”), which matures in March 2027.

Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a New York-based commercial bakery, providing private-label baked goods to retail and institutional users. The proceeds were used to fund growth and ongoing operations.

Ten Sprouts Farmers Market locations in five states are available for sublease by grocers and other large-format retailers, announced A&G Real Estate Partners, which is marketing the locations on behalf of Phoenix-based Sprouts.

Gibraltar proudly welcomes Zach Dollarhide as the newest member of our strategic business development team as VP and business development officer for our Northeast Region.

BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects as it continues to grow its footprint in the U.S. clean energy market.