TSL Express Daily Articles & News

Blackline Safety Corp. (the "Company") (TSX: BLN) a global leader in connected safety, today announced it has signed a non-binding term sheet for a new two-year $15 million senior secured operating facility — with a potential $5 million accordion feature to increase the size of the facility — with ATB Financial.

AmeriTex Holdings LLC (AmeriTex) today announced that it closed $380 million in Senior Secured Credit Facilities with U.S. Bank National Association ("U.S. Bank") to combine with its $35 million in current Subordinated Notes with Prudential Capital Partners, LP ("Prudential") to continue its growth in products and other capabilities to best serve its Texas contractor customers.

Comerica Incorporated (NYSE: CMA) announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewables, and Waste. He will report to Mike Ritchie, Executive Vice President, Head of National and Specialty Businesses.

Final Bell Holdings International Ltd. (the "Company") is pleased to announce today that it has entered into a loan agreement (the "Loan Agreement") dated August 17, 2022 with Golden Iris International Limited (the "Lender"), which provides for a senior secured term loan facility of US$25 million (the "Term Loan").

Rockland Trust has added Tony Pascuccio and Jeff Rathkamp as VP commercial loan officers in its Danvers office. Pascuccio brings over three decades of experience in the financial services industry, including lending, management and development. Rathkamp brings nearly three decades of experience in the financial services and commercial lending, including specialty finance related to the energy sector.

AlixPartners, a global management consulting firm, has promoted Dan Ritter to chief financial officer. Based in Southfield, MI, Ritter will lead AlixPartners’ finance function globally and will join the firm’s senior management team.

Best Lawyers in America has recognized nine Moritt Hock & Hamroff attorneys in its 2023 edition. Six attorneys were included in The Best Lawyers in America® and three attorneys were included in The Best Lawyers: Ones to Watch in America®.

CIBC today announced three new team members in its growing Dallas office. Brent Currier is appointed head of the CIBC Private Wealth, US, office in Dallas. Wendy Holder is named Managing Director and Texas Commercial Group Manager, CIBC US Commercial Banking. Frank Bonet is named Managing Director and Senior Relationship Manager with the Commercial Banking team’s US Asset-based Lending Group.

Greystone, a leading national commercial real estate finance company, placed a total of $52,560,000 in debt and equity construction financing for a 180-unit senior housing community in Gainesville, Florida. The transaction was originated by Cary Tremper and Matt Miller of Greystone, on behalf of Discovery Senior Living.

O2 Sponsor Finance, a division of Old Second National Bank, today announced that it acted as Administrative Agent and Lead Arranger for $41.5 in senior secured credit facilities to support Borgman Capital's portfolio company Gilman Cheese Corporation in its acquisition of Dairyfood USA. (together the "Company").

F&F Capital Group, an innovative investment firm specializing in real estate, technology, and aviation investments, has named Kevin McKenzie as its new Chief Investment Officer. The F&F family office, where McKenzie will be based, was established by Jeffrey Frieden and Robert Friedman, founders of Auction.com and Ten-X Commercial.

High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that it has entered into a binding commitment letter with Connect First Credit Union Ltd. (“connectFirst”) for a $19 million credit facility with an initial 5-year term (the “Credit Facility”), at connectFirst’s floor interest rate.

Northern Trust Appoints Jose M. Perez Senior Lending Officer in South Florida Market MIAMI – Northern Trust has appointed Jose M. Perez Senior Lending Officer of the South Florida Market. He will be responsible for a significant diversified loan and deposit portfolio comprised of domestic and international clients, including affluent families and closely held companies.

BlueTape, a leading payments and financing provider for the construction industry, today announced the closing of a $50M debt funding led by Arcadia Funds and a $5M seed round led by Chicago Ventures. Other investors include construction industry executives, real estate developers, and Plug and Play Ventures.

Ms. Stratton will serve as Senior Managing Director in Corporate Finance and the National Practice Leader of Special Situations. Ms. Stratton is a nationally prominent investment banker and restructuring advisor. She joins the Hilco Corporate Finance team to lead the growth of the special situations and restructuring practice. Ms. Stratton will be based in Los Angeles.

SLR Healthcare ABL is pleased to announce it has provided a $4 million asset-based revolving line of credit to a freestanding ER operator.

Siena Lending Group LLC ("Siena") announces the appointment of Bridget Anderson as senior vice president of Originations, to further strengthen its originations efforts throughout the Midwest. Bridget joins Siena from PNC Business Credit where she held various roles in underwriting, portfolio, and business development.

Commercial Finance Partners is pleased to announce the expansion of its direct funding programs. It is providing accounts receivable financing for small businesses seeking cash flow solutions, typically focusing on smaller businesses who sometimes get ignored by larger lenders. Commercial Finance Partners has relocated its operations internally to Boca Raton, Florida, and is pleased to announce a new hire, Laurie Henriquez, who will serve a senior account executive.

Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the Company has finalized a credit agreement with a syndicate of Banks which increases the amount of credit available to $250 million from $150 million and extends the maturity of the facilities into 2025 from 2023.

ran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has, through its wholly owned subsidiaries Gran Tierra Energy Colombia, LLC and Gran Tierra Colombia Inc., entered into a credit facility of up to US$150 million.