TSL Express Daily Articles & News

Leading investment manager Triple Point has today announced a new £8m revolving credit facility for MLL Telecom Ltd through Triple Point’s Private Credit division.

BMO Financial Group (BMO) and Export Development Canada (EDC) today announced an agreement to bring sustainable finance solutions to medium- and large-sized Canadian exporting businesses, to help them transition from carbon-intensive operations to those that can eliminate or significantly reduce emissions.

Access Capital recently provided a $2 million facility for Encore Consulting Services, Inc. (“Encore”). The new borrower at Access Capital is a woman-owned enterprise and was founded in 2007.

Origis Energy, one of America’s leading renewable energy platforms, today announced the close of a $375 million credit facility for its solar and energy storage development project pipeline.

Blue Apron (NYSE: APRN) announced today two significant capitalization events. The company plans to use the proceeds to pay off its existing term loan, and for general corporate purposes to stay focused on its long-term sustainable growth plan and to continue to execute on its turnaround strategies.

Troutman Pepper announced today that Delia Donahue, a partner in the Finance and Restructuring Practice Group, will become office managing partner (OMP) of the Princeton, NJ office, effective May 1, 2022.

First Corporate Solutions (FCS), a leader in business transaction risk management, announced today a significant new partnership with Decipher Credit, the leading automation platform for specialty commercial lenders.

Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian", the "Company", "we" or "our"), announced that last week it completed an amendment to its senior secured revolving credit facility ("Credit Facility").

Anthony C. Cianciotti, an experienced commercial finance and transactional attorney, has joined Baker Donelson as a member of the Firm's Financial Services Transactions Group.

Siena Lending Group LLC (“Siena”) is pleased to announce the closing of a $30 million asset-based credit facility for CST Industries, Inc. (“CST” or the “Company”).

Blue Ridge Bank, N.A. (the "Bank"), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), today announced the establishment of its middle market banking division.

Citizens is leading a new senior secured credit facility for Nashua, N.H.-based 1A Auto, Inc., a leading specialty e-tailer of automotive products. Citizens is Lead Left Arranger and Administrative Agent.

Second Avenue Capital Partners, LLC (“SACP”) (www.secondavecp.com) announced today it has provided a senior secured credit facility to MARIA TASH, a fine jewelry and luxury piercing brand founded by designer Maria Tashjian.

Greystone, a leading national commercial real estate finance company, announced that Catalina Consuegra has joined the firm as a Vice President of Diversity, Equity & Inclusion, reporting to Pranika Sinha, Managing Director and head of the firm’s DEI strategy and efforts.

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announces the launch of WEX Capital.

BHI, a full-service commercial bank, announced that its Commercial Real Estate Group is continuing to expand its team and breadth of products.

Huntington Business Credit acting as Administrative Agent, Joint Bookrunner and Joint Lead Arranger announced it closed a new $550,000,000 credit facility with Designer Brands Inc. on March 30, 2022.

Treace Medical Concepts, Inc., a medical technology company driving a fundamental shift in the surgical treatment of hallux valgus (commonly known as bunions), today announced that it has entered into a new five-year $150 million loan arrangement with MidCap Financial, comprising up to $120 million in term loans and a $30 million revolving credit facility.

Armstrong Flooring Inc. stock tumbled more than 50% in premarket trading Monday after the company warned it has yet to reach a deal to sell itself and the company will likely seek bankruptcy protection.

The large investment bank announced the opening of its first-ever loan facility backed by Bitcoin. This comes a few months after their $100k price forecast for the popular cryptocurrency.