TSL Express Daily Articles & News

Winston & Strawn represented Oppenheimer & Co. as sole underwriters counsel in connection with Williams Rowland Acquisition Corp. (the “Company”), a newly organized blank check company incorporated as a Delaware corporation and led by Co-Chief Executive Officers, David “Tiger” Williams and Jonathan Rowland, in its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of the common stock of the Company and one-half of one redeemable warrant.

BizCap® (Business Capital since 2002) structured and secured $10 Million in real estate financing for Deerfield Ranch Winery (DRW), an award-winning organic winery producing 15,000 cases annually. Family owned and operated since 1982, DRW is located in the heart of Sonoma Wine Country with a unique wine cave tasting room experience and production facility located on 47-acres with frontage on the scenic Sonoma Highway – one of the most traveled wine country roads in the world with some of the most well-known and sought-after wineries.

Cantor Fitzgerald Income Trust, Inc. (CFIT), an institutionally managed NAV REIT, announced that its wholly owned operating partnership secured a new $100 million revolving credit facility with an accordion feature up to $200 million.

Grupo Aeroméxico, S.A.B. de C.V. ("Aeroméxico" or the "Company") (BMV: AEROMEX) informs that, under its senior secured superpriority debtor in possession term loan facility ("DIP Facility"), the Company needs to deliver final valuation materials to its DIP Lenders in advance of filing a Plan of Reorganization.

Hilco Redevelopment Partners names two new scholarship recipients to local residents of Chicago’s Little Village community, continuing its commitment to support local students for the third consecutive year.

J D Factors announced it has provided the following factoring facilities: $100,000 to a transportation company in Tennessee, $200,000 to a transportation company in New Jersey, $150,000 to a temporary staffing company in Arizona

July was a month of exponential growth for Marco Financial. Recently announcing an $82 million round, with a $100 million credit line, the young fintech is now adding to its roster of c-level executives: Sabrina Teichman as Chief Growth Officer and Prajwal Manalwar as Chief Product Officer.

SLR Capital Partners, LLC ("SLR" or "SLR Capital Partners") today announced initial closings of its healthcare direct lending funds (together "SLR HCLF" or the "Fund"), securing over $480 million in equity commitments, reaching SLR's initial target.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm providing senior debt to healthcare services and life sciences companies worldwide, is pleased to announce that Kevin Harbour has joined Oxford’s healthcare services real estate and asset-based lending team.

Phoenix Management Services®, a leading provider of operationally focused solutions, is pleased to announce the appointment of Steven Rosenblum and Steven Warsaw as Managing Directors of the firm’s investment banking affiliate, Phoenix Capital Resources®.

IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) is pleased to announce new credit facilities (the “Credit Facilities”) of up to US$8,000,000 established pursuant to (a) a credit and security agreement (the “Credit Agreement”) among Iron Horse Credit, LLC and certain of the Company’s U.S. subsidiaries (the “Subsidiaries”) and (b) an account sale and purchase agreement (the “ASPA”) among Sallyport Commercial Finance, LLC and the Subsidiaries.

GBG USA Inc., an indirect wholly-owned subsidiary of Global Brands Group Holding Limited (the “Group”), today announced that the North America wholesale business and certain subsidiaries and affiliates (together “GBG USA”) have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York (the “Court”).

Oxford Finance LLC (“Oxford”), a leading specialty finance firm providing senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $28 million senior credit facility to AvantGarde Senior Living (“AvantGarde” or “the Company”), A Luxurious Senior Living Community™.

Celtic Capital Corporation today announced its most recent new client relationship–a Washington-based cutter/packer of meat products for restaurants and food service companies.

Stonebriar Commercial Finance (“Stonebriar” or the “Company”), a leading large-ticket independent diversified commercial finance and leasing company, today announced that it has extended its $1 billion revolving warehouse credit facility (the “Facility”) for another two years. The Facility, which serves as one of Stonebriar’s primary working capital facilities, was originally closed in 2018 and is agented by Bank of America. Other lenders include Credit Suisse, Citizens Bank, Fifth Third Bank, Security Benefit Life and Mitsubishi UFJ Financial Group (“MUFG”), a new participant in the facility.

Intrepid Investment Bankers (Intrepid), a leading middle-market investment bank and subsidiary of MUFG Union Bank, announced today that Steven Nelson joined the firm as Managing Director and Head of Financial Sponsor Coverage. He brings more than 15 years of experience originating, managing, and executing M&A transactions and maintains strong relationships with financial sponsors across the United States.

4D pharma plc (AIM: DDDD, NASDAQ: LBPS), a pharmaceutical company leading the development of Live Biotherapeutic products (LBPs), a novel class of drug derived from the microbiome, today announces the closing of a senior secured credit facility for up to $30m with Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies.

Christopher J. Murphy III, Chairman and CEO of 1st Source Corporation announces the Board of Directors’ promotion of Mr. Brett Bauer to Chief Financial Officer and Treasurer of 1st Source Corporation and 1st Source Bank with responsibility for Accounting, Finance, Asset Liability Management, Treasury Management and Investor Relations; and that of Mr. John Bedient to Chief Operations Officer of 1st Source Bank overseeing a new Operations Group combining both deposit and loan operations.

Leslie A. Berkoff, a Partner and Chair of the Dispute Resolution practice group in the Garden City office of Moritt Hock & Hamroff, has been recently appointed to the American Arbitration Association (AAA) – International Centre for Dispute Resolution (ICDR) Council and to the AAA-ICDR International Panel.

Monroe Capital LLC today announced Chris Babick has joined the firm’s originations team as Managing Director. Chris will lead the firm’s relationship sourcing and the origination of new business opportunities within the Southeast region.