TSL Express Daily Articles & News

CIT Group Inc. today announced that its Real Estate Finance business served as sole lead arranger on a $26 million loan for the acquisition of a three-building portfolio of industrial buildings in West Palm Beach, Florida.

Citizens announced today that it served as Sole Lead Arranger for Brockton, Mass.-based W.B. Mason’s new $325 million senior secured credit facilities.

Evolve Transition Infrastructure LP (“Evolve”) (NYSE American: SNMP) today announced it has executed the previously announced amendment to its credit agreement with the Royal Bank of Canada (“RBC”).

Century Park Capital Partners (“Century Park”) is pleased to announce that it has completed the sale of Covercraft Industries (“Covercraft”) to Audax Private Equity.

Stonebriar Commercial Finance (“Stonebriar” or “the Company”), a leading large-ticket independent commercial finance company, announced today that it has issued and sold $227,000,000 of Series A 7.50% Fixed-Rate Reset Cumulative Preferred Shares (“Preferred Shares”) in a private offering.

Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a leader in cannabis wellness products and services, is pleased to announce the closing of a $10 million senior secured term (non-revolving) credit facility (the “Credit Facility”).

New facilities have a scheduled maturity in August 2026 compared to prior scheduled maturity of December 2023

The Company was experiencing rapid growth and wanted to secure a non-dilutive credit facility to refinance their incumbent lender for more flexibility and availability, help finance working capital, and to reinvest in recently acquired properties.

Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Mona Dmitrenko joined the bank as Vice President, Commercial Loan Officer. She is currently based out of the Sacramento Capitol Mall Branch.

This strategic hire will expand CohnReznick’s geographic footprint in the Southeast

The law firm of Moritt Hock & Hamroff LLP is pleased to announce that the following attorneys have been selected for inclusion in the 2022 Editions of Best Lawyers® and Best Lawyers®: Ones To Watch.

Haivision Systems Inc. ("Haivision") (TSX: HAI), a leading global provider of mission-critical, real-time video streaming and networking solutions, today announced that the company has entered into a three-year credit agreement providing for a new revolving line credit facility in the maximum principal amount of $35 million with Bank of Montreal.

Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, today announced that it has amended its revolving credit facility, including an increase in the maximum borrowing amount from $750 million to $1 billion, and an extension of the facility through August 2026.

GovCon Funding Corporation announced that it has completed financing on an $18MM credit facility for a global defense contractor.

Truist Bank is combining its Banking Operations and Corporate & Institutional Group (CIG) Operations and launching a global services capability to create a new center of excellence (CoE) – Enterprise Operations and Global Services – under the Digital, Client Experience, Analytics and Marketing (DCAM) organization that is led by Dontá Wilson, chief digital and client experience officer.

Prestige Capital recently provided $5,000,000 to a fashion and jewelry importer and distributor that shifted to sell PPE and Medical Equipment during the pandemic.

J D Factors provided a $150,000 factoring facility to a transportation company in New Jersey.

Advisory Group Equity Services, LTD. ("AGES", www.agesbrokerage.com), a full-service broker dealer and member FINRA/SIPC/MSRB, has launched Trust Capital Markets ("TCM", www.trustcm.com), a growth stage and middle-market focused investment banking division providing financial advisory, capital placement, mergers and acquisitions, and restructuring services to businesses generating up to $500M in revenues. Trust Capital Markets is led by Jeffery Morfit, appointed as the Head of Investment Banking, to execute AGES's vision of growth and performance in investment banking.

Mars Growth Capital, a fund division of the Fintech company Liquidity Capital and MUFG Fund, has announced the closing of a $5.5M financing agreement with the Australian-based sports performance tech company Fusion Sport to drive their international expansion.

Quinn Residences ("Quinn" or the "Company") today announced the closing of a new credit facility with Goldman Sachs Bank USA (the "Facility"), which provides the Company with debt capital to facilitate its continued growth.