TSL Express Daily Articles & News

The agreement increases the borrowing base from $45 million to up to $85 million, subject to certain conditions, and extends the maturity date of the debt to as late as June 2024, if the second tranche is drawn.

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit served as sole lead arranger on a $34 million financing for an assisted living facility in Richmond, Texas.

Tradewind has announced the closing of a $200,000 trade finance facility for a Peruvian exporter of grains, paprika, peppers and garlic. The company, which exports mainly to the USA, is applying the funds to enter new markets and support other initiatives for growth.

The Antares Bain Capital Complete Financing Solution (ABCS), a joint venture between Antares and Bain Capital Credit, today announced the closing of a senior secured unitranche credit facility to support the acquisition of Ventiv Technology by Tailwind Capital.

G2 Capital Advisors ("G2") is pleased to announce the expansion of its Technology & Business Services (TBS) industry team, with the addition of Jarl Berntzen as Managing Director and newly appointed Technology and Business Services Practice Leader.

MidOcean Partners, a premier New York-based alternative asset manager that specializes in private equity and alternative credit investments, today announced that Adrienne Dale has joined MidOcean Credit Partners as a portfolio manager for MidOcean’s collateralized loan obligation (“CLO”) strategies.

Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $25.5 million term loan and revolving line of credit to PhysicianOne Urgent Care ("PhysicianOne" or "the Company"), an operator of 18 urgent care centers in Connecticut, Massachusetts, and New York.

CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global Investors.

Second amended Plan of Reorganization contemplates up to $2.1 billion in post-emergence new senior unsecured notes financing and at least $600 million in post-emergence first lien revolving credit facility financing

PG&E Corporation and Pacific Gas and Electric Company (together “PG&E”) today filed a joint Chapter 11 Plan of Reorganization (the “Plan”) in the United States Bankruptcy Court for the Northern District of California (the “Bankruptcy Court”).

PennantPark Investment Corporation (“we,” “our,” “us” or "PennantPark") (PNNT) announced today that it has completed all the necessary amendments to its multi-currency, senior secured revolving credit facility with certain lenders and SunTrust Bank acting as administrative agent (the “Credit Facility”).

Triumph Group, Inc. ("Triumph") (NYSE:TGI) today announced the pricing of its previously announced offering of $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes").

Agrios Global Holdings Ltd. announces that it has increased the size of its previously announced unsecured convertible credit facility (the "Facility") from C$8,113,000 (US$6,100,000) to C$8,571,500 (US$6,444,737) .

Aurora Cannabis Inc. ("Aurora or the "Company") (NYSE | TSX: ACB), the Canadian company defining the future of cannaorldwide, is pleased to announce that it has closed its previously announced amended and bis wupsized credit facilities with a syndicate of lenders led by the Bank of Montreal ("BMO").

Virtu Financial, Inc. (NASDAQ: VIRT) (the “Company”) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced that its subsidiaries commenced marketing of a $525.0 million senior secured first lien term loan (the “Term Loan”) due in 2026.

Concord Financial Advisors announced that is arranged a $20 million senior secured revolving line of credit for a Midwest Lighting Company. The line of credit will be used to refinance existing debt and provide additional working capital.

First Commonwealth Financial Corporation (NYSE: FCF) today announced that its banking subsidiary, First Commonwealth Bank (“First Commonwealth”), completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A.

This team will help clients capitalize on growth opportunities and navigate challenges while facing unprecedented disruption from e-commerce, demographics trends, regulatory uncertainty, and shifts in consumer-brand relationships.

The in-kind donation is valued at over $75,000 at retail, and the shoes are being distributed through the Hilco Global philanthropic arm called Hilco Helps (www.hilcohelps.com).

IES Holdings, Inc. (or “IES” or the “Company”) (IESC) today announced that it has entered into an amendment to its credit agreement with Wells Fargo Bank, National Association.