TSL Express Daily Articles & News

Bank of America, N.A. acted as administrative agent, issuing bank and swingline lender, J. P. Morgan Securities LLC, acted as sustainability structuring agent, BMO Capital Markets Corp., JPMorgan Chase Bank, N.A. and Wells Fargo Securities, LLC acted as syndication agents, Truist Bank and PNC Bank, N.A. acted as documentation agents, and BofA Securities, Inc., BMO Capital Markets Corp., JPMorgan Chase Bank, N.A., and Wells Fargo Securities, LLC, acted as joint bookrunners and joint lead arrangers.

LSQ, a leading provider of working capital finance and payments solutions, recently originated a $5 million credit facility for a Colorado oil field service company. The company will use the additional capital to fund growth and complete the acquisition of a company offering a complementary service.

Crestmark, the Commercial Finance Division of MetaBank®, N.A., secured a total of $12,363,696 in ABL/factoring financial solutions for nine new clients; Crestmark Equipment Finance provided $4,702,737 in 13 new large ticket transactions and $5,738,197 in 45 new small ticket vendor transactions; and the Structured Finance group provided $11,337,372 in financing for five new clients in the first half of March.

Eastern Bank is pleased to announce the following appointments to its Management Committee: Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer; Martha A. Dean, Executive Vice President and Senior Operations Director; Timothy J. Lodge, President and CEO of Eastern Insurance Group LLC; Matthew A. Osborne, Executive Vice President, Senior Commercial Banking Officer; and Sujata Yadav, Executive Vice President and Chief Marketing Officer.

Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has closed a new secured credit facility of up to $3 million in available principal amount with TQLA, LLC.

Pinnacle Financial Partners has formed a debt capital markets group that will house its existing loan syndications team and future efforts in the bond capital markets. In addition, Pinnacle has created a new specialty group to provide financing to middle-market restaurant and franchise businesses.

Gateway First Bank, one of the largest banking operations in Oklahoma, announced that Rob Hoffman and Todd Welch have joined the Bank’s management team as Vice Presidents, Commercial Lending. Both bankers join Gateway with extensive experience in the banking and financial services industry.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm focused on healthcare services and life sciences companies worldwide, today announced the closing of a $660 million senior credit facility to Specialty Dental Brands (“SDB” or “the Company”), a dental services organization focused on pediatric dentistry, orthodontics, and oral surgery. Oxford acted as the sole bookrunner and administrative agent on the transaction.

Overhaul, the industry's first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets.

Kyte, the company pioneering cars delivered to you on-demand, today announced the closing of an asset-backed credit financing of up to $200 million from Goldman Sachs ("Goldman") and the Ares Global Management ("Ares") Alternative Credit Team to accelerate the company's fleet growth and margin expansion. Kyte and its financing providers will create a more robust trip economy that services a more demanding customer with a shared vision of an electrified, autonomous future.

Byrne has been performing exams, maintaining the schedule of audits, and coordinating with outside providers for SLRBC since he joined the company in 2011.

Citizens Financial Group, Inc. (NYSE: CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ: ISBC) ("Investors") today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors.

GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, has announced the final closing of GHK Fund I (the “Fund”). GHK accepted $410 million in aggregate capital commitments, exceeding its initial target of $350 million and surpassing its hard cap of $400 million.

Buckle, a digital financial services company for the gig economy, has completed a $15 million upsizing of its term loan with participation from Siguler Guff & Company, LP (“Siguler Guff”) along with existing lender Hudson Structured Capital Management Ltd. (conducting its re/insurance business as HSCM Bermuda).

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) (“Playmaker”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, announced that it has entered into an indicative term sheet (the “Term Sheet”) with a Canadian Tier 1 Bank (the “Bank”) regarding multi-year credit facilities (the “Credit Facilities”).

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has named Kevin Zubor its new chief financial officer (CFO). Zubor assumes the role from interim CFO Jim Peko, who will continue in his longstanding role as the firm’s chief operating officer.

Endeavor Bank is growing, announcing the hire of Odie Goward as senior vice president and the opening of a new office location in East County, temporarily located at 9400 Grossmont Summit Drive, Suite 303, La Mesa, CA 91941. Goward will bring on a team and oversee business development in the cities of El Cajon, La Mesa, Lemon Grove and Santee, as well as nearby unincorporated areas. She will act as regional manager of the new East County Office.

BMO Financial Group (TSX: BMO) (NYSE: BMO) today congratulated the Government of Canada on the successful completion of its inaugural Green Bond transaction and is proud to have acted as a joint-lead manager on this landmark achievement. The C$5-billion transaction demonstrates Canada's environmental leadership, ensures government expenditures align with Canada's ESG goals and principles, and acts as a catalyst towards the continued development of the sustainable finance market in Canada.

Winston & Strawn LLP is representing RF Acquisition Corp., a blank check company, in its initial public offering of 10,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and trade under the ticker symbol “RFACU” beginning on March 24, 2022.

Agility Capital, an innovative lending company, announces the recent financing of Zan Compute, a rapidly growing, Bay Area based provider of AI-based facility maintenance platforms. Agility partnered with Top Mark Capital Partners in this financing.