TSL Express Daily Articles & News

Dyne Therapeutics, Inc. (Nasdaq: DYN), a clinical-stage company focused on delivering functional improvement for people living with genetically driven neuromuscular diseases, today announced it has entered into a $275 million non-dilutive senior secured term loan facility with Hercules Capital, Inc. (NYSE: HTGC), a leader in customized debt financing for companies in the life sciences and technology-related markets.

VAMOS, the specialist in applied AI for asset finance, has announced the integration of its Lucero AI operations assistant with Lendscape Asset Finance - the 100% API-first, AI-ready platform that’s empowering modern lenders to innovate at speed.

Securitas has signed a MEUR 1 100 multi-currency revolving credit facility agreement. In addition, a MUSD 190 loan agreement maturing in 2032 has been signed with Nordic Investment Bank.

Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $43 billion in total assets, today announced the appointment of Dan Fabian as Global Chief Financial Officer, effective immediately. He succeeds Kevin Gerlitz, who is retiring after a distinguished tenure as the firm’s long-serving Chief Financial Officer.

Caleres Inc. has its financial ducks in a row as it prepares to close on its purchase of the Stuart Weitzman brand. The global footwear company said on Monday that it has amended its credit agreement, which extends its senior secured asset-based revolving credit facility to June 2030. In addition, the borrowing capacity will increase by $200 million to $700 million.

Sustainable footwear brand Allbirds, Inc. (NASDAQ:BIRD), whose stock has surged nearly 50% year-to-date despite showing signs of financial strain according to InvestingPro data, announced Monday it has secured new financing agreements to enhance its financial flexibility and support long-term growth plans.

AIP Capital ("AIP"), an alternative investment manager focused on opportunities in asset-based finance, today announced it has a venture with Monroe Capital LLC ("Monroe"), a premier asset management firm specializing in private credit markets and asset-based finance, to acquire a diversified aircraft leasing portfolio of up to $1 billion of investments, consisting of mid-life aircraft on long term lease to airlines globally.

Capteris, the private credit equipment finance platform in alliance with Apollo, announces a $22 million lease commitment for a private equity owned provider of healthcare services.

Leading global professional services firm Alvarez & Marsal’s (A&M) Global Transaction Advisory Group (Global TAG) is heightening efforts to expand its Global Transaction Analytics (GTA) practice, welcoming Martine In ’t Veld as a Managing Director in New York.

Comerica Bank announced today Stephen Jeffrey has been named its Senior Vice President, Austin Market President.

CareerBuilder + Monster, a global talent marketplace and workforce solutions leader, has announced the initiation of a court-supervised sale process aimed at maximizing value, preserving jobs, and seamlessly transitioning ownership of their businesses.

Penguin Solutions, Inc. (“Penguin Solutions” or the “Company”) (Nasdaq: PENG) today announced that it has completed a refinancing of its credit facilities via a $400 million Revolving Credit Facility, which includes a $35 million letter of credit subfacility (collectively, the “Credit Facilities”).

Intrepid Fiber Networks, a Brookfield Infrastructure portfolio company and leading developer of open‑access fiber‑to‑the‑home (FTTH) infrastructure, today announced that it has increased the capacity of its senior secured credit facility to $425M.

Celtic Capital Corporation today announced its most recent new client relationship – an Eastern Midwest company that manufactures U-bolts, threaded rods and various other steel products from its parent and five subsidiaries.

Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation.

B. Riley Securities, Inc. ("BRS"), a leading middle market investment bank, is pleased to have served as exclusive financial advisor to the Special Committee and Board of Directors of GAN Limited (NASDAQ: GAN) in its successful merger with an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY").

Wingspire Capital is pleased to provide a $55 million revolving credit facility to a leading contract healthcare services provider that serves thousands of sites across the country.

Ampco-Pittsburgh Corporation (NYSE: AP) (the "Corporation") announced today that it has entered into an amended and restated revolving credit, term loan and security agreement (the "Credit Facility") consisting of a $100 million, five-year asset-backed revolving line of credit and a $13.5 million term loan. The proceeds from the term loan were fully utilized to reduce borrowings on the revolving portion of the Credit Facility at closing.

Amerisource Business Capital is pleased to announce the closing and funding of a $5,500,000 asset-based lending (ABL) facility, leveraging accounts receivable and commercial real estate for a Midwest-based nursing and medical staffing company.

Aequum Capital Financial, a middle-market asset-based lender, is pleased to announce the addition of lending industry veteran Bill Drmacich. Based in the Southeast, Bill has joined Aequum as Head of Originations. In this role, he will be responsible for sourcing new lending opportunities and supporting the strategic growth of origination efforts beyond the greater Midwest.