TSL Express Daily Articles & News

Barclays today announces the appointment of Graham Warner as Americas Head of International Corporate Banking. Graham will report to Phil Bowkley, Head of International Corporate Banking, and will be based in New York.

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Liam Brickley has been named Senior Vice President, Chief Credit Officer, reporting to Christine E. Davis, Executive Vice President, Chief Risk Officer (CRO). In his role, Brickley will be responsible for the oversight and administration of the Bank's commercial, consumer and other credit exposures, loan policies and procedures.

On 25 March 2022, Lassila & Tikanoja plc signed a revolving credit facility of EUR 40 million tied to sustainability targets. The revolving credit facility matures in the first quarter of 2025, and the agreement includes a one-year extension option. The agreement was signed with Danske Bank.

MetaBank®, N.A., an industry leading financial empowerment company, today announced it is changing its name to Pathward, N.A. To unite the company under a single identity following a series of strategic acquisitions, MetaBank initiated a brand strategy review last year. The new name, Pathward, is born out of the company’s purpose to power financial inclusion for all and its commitment to providing a path forward to people and businesses so they can reach the next stage of their financial journey.

ING Capital LLC, PNC, Fifth Third, Bank of America and BMO Harris Bank served as Joint Lead Arrangers and ING Capital LLC served as sole Bookrunner and Sustainability Structuring Agent. The new credit facility is the first financing Green Plains has issued with sustainability-linked targets. This new approach is an important step in Green Plains’ sustainability journey as it ties the financial structure of the company to sustainability initiatives outlined in its 2020 Sustainability Report.

iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, has partnered with Golub Capital, a market-leading direct lender, to provide wealth managers on the iCapital platform with access to Golub Capital’s private credit strategies.

Sixth Street, a leading global investment firm with over $60 billion in assets under management, today announced the formation of a dedicated structured products business to further enhance its capabilities as a strategic capital partner and solutions provider at scale.

Citizens today announced a solution that enables corporate clients to give employees on-demand access to their earned pay, along with financial health tools designed to help them feel more financially secure.

In November 2021, SG Credit Partners acquired Stonegate Capital and announced its entry into asset-based lending with a focus on high-growth consumer products. The result of our combined companies is the ability to deliver a complete range of tailored credit solutions to the lower middle market.

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support FFL Partners’ investment in Optomi Professional Services (“OPS”). Founded in 2012 and headquartered in Atlanta, OPS provides technology consulting, team augmentation and domestic rural outsourcing services to Fortune 2000 Clients.

Gildan Activewear Inc. (GIL: TSX and NYSE) is pleased to announce that it has signed an amended and restated credit agreement in respect of its existing $ 1 billion revolving credit facility to incorporate sustainability-linked terms, underscoring Gildan's strong leadership and commitment towards its environmental, social, and governance (ESG) targets.

Global business advisory firm EisnerAmper has named Judd E. Appel as the Managing Director and National Leader in the Transaction Advisory Services (“TAS”) Group. Judd’s prior experience includes 20 years of transaction services and investment banking with blue-chip companies where he led the mergers and acquisitions and lending platforms connecting clients with institutional investors.

QuickFi® is a finalist in three categories: Best Use of IT for Lending, Best Innovation, and Best Digital Initiative. Other recognized finalists in these categories include JP Morgan Chase, Citizens Financial Group, U.S. Bank, and Goldman Sachs. The patented QuickFi platform incorporates facial recognition, drivers’ license authentication, A.I., and blockchain technologies to facilitate secured loans and leases for creditworthy business borrowers.

Theater owners, live-event production companies and rental houses will find an extensive selection of gear and equipment—more than 15,000 items in all—as Tiger Group liquidates assets from seven former Pacific Theatres locations.

CIT, a division of First Citizens Bank, today announced that its Real Estate Finance business provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Greater Chicago by Aminim Group.

Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced that it entered into an amended $130.0 million uncommitted senior secured revolving credit agreement (the “Second Amended and Restated Credit Agreement”) with Standard Chartered Bank as administrative agent (“Standard Chartered”), and the lenders party thereto from time to time.

FTI Consulting, Inc. (NYSE: FCN) today announced the Company has been named to Forbes magazine’s list of America’s Best Management Consulting Firms for the seventh consecutive year, recognized in 13 sectors and functional areas.

Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced that on March 24, 2022, the Company appointed Mr. Michael Donahue and Mr. Eboh “Duke” Okorie to the Board of Directors of the Company (the “Board”), effective immediately.

Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective March 26.

Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced the promotion of Lisa Melville to Vice President, Commercial Loan Officer. Melville is based out of the bank’s Downtown Sonora Branch. Melville has been in banking for over 40 years, nearly 20 of which have been in commercial banking.