TSL Express Daily Articles & News

Excelerate Energy, Inc. (NYSE: EE) ("Excelerate" or the "Company") today announced that the Company and Excelerate Energy Limited Partnership (the "Borrower") have entered into a senior secured revolving credit facility (the "Facility"). The Facility enables the Borrower to borrow up to $350 million over a three-year term which expires in April 2025.

Global law firm Ropes & Gray today announced that Daniel Forman has joined the firm’s 500-lawyer New York office as a partner in the capital markets practice. Daniel’s arrival deepens the firm’s bench of partners who advise leading corporate issuers, private equity firms and investment banks on their largest and most complex securities work.

Kalera AS (“Kalera” or the “Company”) (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, today announced that it has secured a ten-year, $30 million Senior Secured Credit Facility with Farm Credit of Central Florida (”FCCF” or “Farm Credit”) to support capital expenditures and working capital needs of the Company across the entire United States.

Pinnacle Financial Partners is adding credit leadership in its specialty finance businesses, with the addition of senior credit officer Scott McCann. McCann will manage the underwriting and asset management functions for Pinnacle’s equipment and franchise finance lending groups.

PopReach Corporation announced that it has entered into a credit agreement for US$33 million in senior secured credit facilities with the Bank of Montreal. The Facilities, once closed, will consist of a US$8 million revolving facility, a US$25 million non-revolving term facility, and an "accordion" option for up to an additional US$15 million acquisition facility on the Term Loan subject to Lender and other typical approvals discussed below to support the Company's M&A growth strategy.

Wells Fargo & Company (NYSE: WFC) today announced that Tim O’Hara will join the Corporate & Investment Bank (CIB) on May 9, as head of Banking. In this role, Tim will lead corporate and investment banking origination and execution within CIB’s Banking Division, which is comprised of industry, regional and specialty coverage, equity and debt capital markets, mergers and acquisitions, corporate lending, portfolio management, and treasury management.

LiquidX, the global technology solutions provider and trusted strategic partner for working capital, trade finance, and insurance optimization, has named industry veteran Dominic Capolongo as its Chief Revenue Officer (CRO). In this executive role, Mr. Capolongo will lead initiatives to further scale revenue, accelerate global market adoption, and deepen customer engagement as LiquidX moves into its next phase of expansion.

InterNex Capital provided a $750 thousand line of credit to a woman-owned, animal pharmaceutical manufacturer in the Southwest US. The fast-growing company needed a solution that both fit their current needs and offered quick upsizing capacity to accommodate their growth.

A bankruptcy sale by A&G Real Estate Partners features 21 properties—19 in Maryland and one each in Delaware and Florida—formerly owned by the late Zebulon J. and Beatrice Brodie, prominent longtime residents of the Eastern Shore of Maryland.

Monroe Capital LLC has been recognized by Global M&A Network as the Small Mid-Markets Lender of the Year. Award winners were honored at the virtual Americas M&A Atlas Awards Gala held on January 29th. This award recognizes the firm’s notable value-creating transactions, track record, sector expertise, team leadership and more importantly, client service.

BH Properties, a Los Angeles-based real estate investment company, has acquired Round Rock Crossing, a 245,592-square-foot strip retail center in the Round Rock suburb of Austin, Texas. Built from 2004 to 2006, the eight-building property is located within a major retail corridor in the southeast quadrant of the intersection of I-35 and State Highway 45 Toll Road.

Harbor, a U.S. based fintech company that is reinventing international trade finance, recently announced an expansion of its operations to India. This announcement comes after Harbor’s recent geographic expansion into Mexico in February and is part of the strategic roadmap to build Harbor’s global platform for SME’s.

As a fourth-generation family involved in the textile industry, the client has developed a product of fabric blends that are radically soft, durable, and practical. With a focus on creating a product that is sustainable and eco-friendly, its design is intended to keep waste to a minimum and be easily reusable.

SLR Equipment Finance is pleased to announce Scott Caponegro has joined our company as a senior vice president of business development. In his role, Scott will help grow SLR Equipment Finance’s leasing and lending activities in the capital markets.

CV Credit is pleased to announce the promotion of Theresa Gamboa to vice president, U.S. managing director at CV Credit. Theresa continues to be instrumental in business development and pipeline expansion of domestic and international factoring and supply chain transactions for SMEs since she started at CV Credit in March 2021. CV Credit is also pleased to announce the hiring of Emilio Estevez as vice president of business development at CV Credit for Latin America.

Scientific Games Corporation, doing business as Light & Wonder, (NASDAQ: SGMS) ("Light & Wonder" or the "Company") today announced it achieved a major milestone in transforming and deleveraging its balance sheet. The Company retired its existing $4.0 billion term loan and redeemed $3.0 billion of its secured and unsecured notes using proceeds from the divestiture of the Lottery Business and a new $2.2 billion term loan facility. In conjunction with the new term loan, the Company also entered into a new $750 million revolving credit facility.

FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Financial Services practice within the Forensic and Litigation Consulting segment with the appointment of Enrique Ubarri as a Senior Managing Director.

Recreational Realty LLC ("Recreational Realty" or the "Company"), a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, today announced that it has secured a syndicated revolving credit facility led by Truist Securities and Citizens Bank that allows the Company to borrow up to $300 million assuming certain conditions are met.

FleetNurse, the premier mobile application and platform for on-demand healthcare staffing, announced today that it has secured new funding. The Series A funding round was led by HCAP Partners, a San Diego-based provider of growth capital to lower middle-market companies. The company will use the new funds to accelerate growth in new and existing markets and to bring enhanced functionality to its platform.

Edgemere Dallas ("Edgemere" or "the community") today announced it has taken decisive action to best position the community for the future and protect the interests of its stakeholders by initiating a voluntary and comprehensive restructuring through Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of Texas.