TSL Express Daily Articles & News

Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that it has signed a non-binding term sheet and is working towards completing $100 million of new debt financing from Third Eye Capital of Toronto, Canada. The debt financing is expected to be comprised of $50 million for carbon reduction projects and $50 million for working capital.

The partnership with Marlin will focus on further accelerating Imagine's growth trajectory and expanding the company's talent and technology capabilities to continue to efficiently serve the needs of the marketplace and its customers. Post-transaction, Imagine's current investment partner, Mountaingate Capital ("Mountaingate") is exiting the company.

Antares announced today that it is acting as administrative agent on senior secured credit facilities to support CVC Capital Partners Fund VIII’s (“CVC”) investment in CFGI. All existing shareholders are reinvesting in the transaction in partnership with CVC, including funds managed by global investment firm Carlyle (NASDAQ: CG), co-founders and co-CEOs Nick Nardone and Shane Caiazzo, and the partners of CFGI.

Marc Maun has been named Regional Banking executive for Arizona, Colorado, Kansas, Missouri, New Mexico and Oklahoma, and will have responsibilities for Treasury Management as well. Norm Bagwell will continue to serve as chairman and chief executive officer for Bank of Texas, leading Commercial Banking across the footprint as well as the company’s growth efforts in Texas and Arkansas. Jim Dietz will replace Maun as the company’s chief credit officer.

Hedaya Capital is pleased to announce a factoring facility for a Canadian oil and gas pipeline services company projecting CAD $20,000,000 in revenue for 2022. The $2,000,000 facility allows for advances of up to 80% against accounts receivable.

Based in Atlanta, Dennis will be expanding Tradecycle’s relationships with senior lenders and private equity sponsors to deliver Tradecycle’s unique trade payables financing program to operating companies throughout the region.

Samuel, Son & Co., Limited, a leading metals distributor and industrial products manufacturer, announced today that it has entered into its first sustainability-linked revolving credit facility agreement. This amendment to the company's bank credit facility underlines the confidence its lending partners share in Samuel's financial and sustainable performance.

The loan facility was arranged by RiverFort Global Capital Ltd. (a United Kingdom London-based firm regulated by the Financial Conduct Authority) (“RiverFort”) and funded by a regulated institutional investor (the “Investor”). The Corporation intends to utilize the proceeds from the Credit Facility to support the Corporation’s research undertaken in Trip Pharma as well as for operational and working capital purposes of Blackhawk.

Provident Bank, a leading New Jersey-based financial institution has announced that Jessica Dudick has joined the Bank as Vice President, Relationship Manager with the Central New Jersey Commercial Lending Team.

Brevet Capital ("Brevet"), a leading credit investment and specialty finance firm with a dedicated focus on the government sector, today announced Brian Chase, former Founding Partner, Chief Operating Officer and Chief Financial Officer of Garrison Investment Group, has joined the firm as Chief Operating Officer. I

Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the “Company”). Caisse de dépôt et placement du Québec (“CDPQ”), a global investment group, also participated in the financing through a wholly owned subsidiary as part of its Capital Solutions investment strategy.

Wells Fargo & Company (NYSE: WFC) today announced that Mike Riley and Dan Thomas have been named co-heads of the Markets division of the Corporate & Investment Bank (CIB). Riley and Thomas will lead all of CIB’s markets-driven activities, including: Asset-Backed Finance, Equities (including Equity Research and Strategy), Macro and Spread.

Castlelake, L.P. announced that it has expanded its Lending team with a number of experienced professionals, including Wilhelm Steinmark, European Head of Aviation Lending, Direct Structured Credit & Capital Markets; Fouad Onbargi, Managing Director, Direct Structured Credit; Chris Turner, Director, Direct Structured Credit & Capital Markets; Brian Banschick, Director, Direct Structured Credit and Ricardo De Armas, Director, Direct Structured Credit. The team is led by Armin Rothauser, Head of Lending, who joined Castlelake in 2020.

CIBC Innovation Banking is pleased to announce the expansion of its New York City office with a series of new hires and promotions, as the group continues its strategic growth in key technology, life science, and clean tech markets in North America and the UK.

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Asset-Based Lending team provided a $4M credit facility to GWA Auto Parts (GWA), an importer, distributor and online retailer of automotive aftermarket parts, to support working capital investments as the company pursues strategic growth through catalog expansion and M&A efforts.

Redline Communications Group Inc. ("Redline Communications" or the "Company") (TSX: RDL), a leading provider of mission-critical data infrastructure for remote and harsh environments, announces today it has entered into a new credit agreement (the "Credit Agreement") with Edgepoint Wealth Management ("Edgepoint") and two existing investors.

Gage Growth Corp., a leading high-quality premium cannabis brand and operator in Michigan, today announced it has closed on a senior secured term loan (for aggregate gross proceeds of US$55 million. The placement was arranged by Canaccord Genuity Corp. and Chicago Atlantic as lead lender and administrative agent.

White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, announced it provided a $3 million non-recourse advance factoring facility to a family-owned apparel manufacturer focused on delivering high quality and affordable clothing for women.

FocalPoint Partners, a fast-growing, Los Angeles-based, middle market investment bank, has relocated its New York office to 550 Fifth Avenue in Midtown Manhattan to accommodate accelerated growth.

GRIID Infrastructure, a vertically-integrated bitcoin self-miner, today announced it has secured a $525 million credit facility from Blockchain.com, one of the world's oldest and most trusted cryptocurrency platforms with over $5 billion in loan originations. GRIID specializes in procuring low-cost, carbon-free energy to build, manage, and operate a growing portfolio of U.S. based bitcoin mining facilities.