TSL Express Daily Articles & News

First Citizens Bank today announced that its Capital Equipment Finance business arranged $132 million in debt refinancing for Signet Maritime Corporation, a marine transportation and logistics company headquartered in Houston, Texas.

Jones Day represented MPLX LP in connection with an SEC-registered offering of $4.5 billion aggregate principal amount of notes, including $1.25 billion of 4.80% senior notes due 2031, $750 million of 5.00% senior notes due 2033, $1.5 billion of 5.40% senior notes due 2035, and $1.0 billion of 6.20% senior notes due 2055. The Jones Day team was led by Michael Solecki (Cleveland) and Ferrell Keel (Dallas).

Lighthouse Financial Corp. is pleased to announce the completion of a $5,000,000 revolving line of credit to a Florida based manufacturer and distributor of steel products.

RelPro, the business development and relationship management solution for Financial & Professional Services, has earned a place on the Inc. 5000 list for the fifth consecutive year, distinguishing RelPro as consistently one of the fastest-growing private companies in the United States. RelPro is ranked #3073 on Inc. Magazine’s list in 2025, published today, thanks to the continued growth of its client base, which now includes 9 of the top 10 U.S. Banks and 64% of the Top 50.

First Business Bank’s Asset-Based Lending team announces a recently closed and funded $6,850,000 revolving line of credit, CapEx equipment line of credit, and real estate term loan to fund the refinance of a Texas manufacturer of precision-machined metal parts.

Mayer Brown announced that Brian Trudgen has joined the Chicago office as a partner in its Global Leveraged Finance and Private Capital Group. He joins from Jones Day.

Sound Point Capital Management, LP, a global alternative credit manager with more than $44 billion in assets under management1, announced the first close of Strategic Capital Fund III with $1.1 billion in capital commitments, “exceeding its first and final close targets of $500 million and $1 billion, respectively.”

First Financial (Nasdaq: FFBC) and BankFinancial (Nasdaq: BFIN) jointly announced today that they have entered into an agreement by which First Financial will acquire Chicago-based BankFinancial in an all-stock transaction, strategically expanding First Financial’s presence in the economically robust Chicagoland market with a strong core deposit franchise including 18 financial centers.

PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) today announced that it has formed PennantPark Senior Secured Loan Fund II, LLC (“PSSL II”), a joint venture with a fund managed by Hamilton Lane (Nasdaq: HLNE) (“HL”). PSSL II is expected to invest primarily in middle market loans consistent with PFLT’s core origination and underwriting strategy.

Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | OTCQX: ASGOF) (“Asante” or the “Company”) is pleased to announce that, further to its news release dated August 11, 2025 announcing the execution of definitive agreements relating to an approximately $500 million financing package (the “Financing Package”), the Company has satisfied the conditions to first draw down under such definitive agreements.

TPI Composites, Inc. (NASDAQ: TPIC) announced today that it, together with its domestic subsidiaries (collectively, “TPI” or the “Company”), has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) to pursue a comprehensive restructuring of the Company that will allow the Company to emerge as a stronger enterprise.

Culain Capital Funding, LLC (“Culain Capital”) announced the closing and funding of a $3,750,000 accounts receivable financing facility for a New York-based hospitality and facility management firm. The new facility provides essential working capital to support the company’s rapid growth and enable them to hire more employees to meet increasing demand.

As a nationally-recognized corporate advisory firm, Harney Partners has helped hundreds of middle market organizations and their stakeholders rise above complex financial and operational situations. No matter how messy or complicated the challenge, we say “bring it on.”

Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the growth of Mission Critical Group (“MCG”), an existing portfolio company of Emerald Lake Capital Management.

Brook + Whittle (the “Company”), a leader in sustainable packaging solutions, today announced the successful completion of a refinancing transaction. As a part of the transaction, the Company secured $130 million in new capital, established a new revolving credit facility, and extended its debt maturity runway, providing the Company with additional liquidity to accelerate investments in growth and sustainability initiatives.

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that it has entered into a new credit agreement (“Agreement”) effective August 11, 2025 which includes a new $1.75 billion senior unsecured revolving credit facility, replacing the Company’s previous revolving credit facility of the same size which was set to mature in March of 2027.

Aurous has closed an $800,000 facility for the first production runs of a domestic manufacturer of a gluten-free protein product. The client presented the notable challenge of needing to fund two different production processes to complete its finished good. Aurous was able to fund both processes, and after their first delivery of finished goods, the end buyer quadrupled its initial order.

eCapital Corp. (“eCapital”), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, today announced it has been named to the 2025 Inc. 5000 list for the third consecutive year. The prestigious annual ranking recognizes the fastest-growing private companies in America and provides a data-driven snapshot of the most successful independent, entrepreneurial businesses fueling today’s economy.

MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured revolving credit facility (the “ABL Credit Agreement”) to XBP Americas, LLC (formerly known as Exela Technologies BPA, LLC (the “Company”)), a subsidiary of Nasdaq listed XBP Global Holdings, Inc.

Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management (“AUM”), is pleased to announce that William J. Kelly has joined the firm as a Senior Advisor. Mr. Kelly will support Star Mountain’s mission by contributing to investor relations, portfolio governance, educational initiatives, and thought leadership as Star Mountain continues building its presence across the alternative investments ecosystem.