TSL Express Daily Articles & News

Antares announced today that it served as sole lead arranger and is acting as administrative agent for a senior secured credit facility to support Alpine Investors’ (“Alpine”) investment in Frank Gay Services and Best Home Services to form Apex Service Partners, an HVAC, plumbing and electrical services platform.

Capital One Healthcare’s Corporate Finance group maintained its position as the No. 1 lead arranger of healthcare leveraged loans by deal count for transactions up to $1 billion for the first half of 2019, according to league tables produced with data from Thomson Reuters LPC. The team closed 12 total transactions.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $12,000,000 credit facility including a revolving line of credit, equipment term loan, and a real estate term loan for a rolled steel parts manufacturer company located in Michigan.

OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE) ("Obsidian Energy", the "Company", "we", "us" or "our") announces the extension of the Company's syndicated credit facility with the underlying borrowing base and amount available under the syndicated credit facility remaining at $550 million and $460 million, respectively.

Executive Vice President and Transportation Services Division President Heath Holdbrooks announced the recent promotions of Sherri Holmes and Kim Meek to portfolio management for the division, and Phyllis Packard to vice president, legal compliance.

Second Avenue Capital Partners, LLC (“SACP”) and White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC, have closed on a $16,000,000 asset-backed revolving credit facility for Marolina Outdoor, Inc., a Charleston, SC-based apparel company.

North Mill Capital (”North Mill”), a wholly-owned subsidiary of Solar Senior Capital (NASDAQ: SUNS), is pleased to announce the acquisition of Summit Financial Resources (“Summit”), a leading provider of factoring services across the U.S.

Iron Horse Credit is proud to announce it recently closed a $5MM stand-alone inventory facility to an electronic goods wholesaler.

Diebold Nixdorf, Incorporated (NYSE: DBD) today announced it has successfully amended and extended the vast majority of its $787 million revolving credit facility and term A loans from December 23, 2020 to April 30, 2022.

Founded in 2016, this UK-based video game publisher has worked alongside some of the biggest entertainment companies in the world to deliver interactive games across all major platforms.

Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York. Proceeds of the facility are being used to support their growth.

DAVITA INC. (NYSE: DVA) ( "DaVita" or the "Company"), a Fortune 500® health care provider focused on transforming care delivery to improve quality of life for patients around the globe and the largest provider of kidney care services in the U.S., announced today that it has entered into a new $5.5 billion senior secured credit agreement.

ENGS Commercial Capital (ECC), a subsidiary of ENGS Commercial Finance, a Mitsubishi UFJ Lease & Finance Company, is pleased to announce that David Baker has joined as Vice President, Business Development Officer.

Austin Financial Services, Inc. is pleased to announce that Colton Ortar has joined our portfolio team as Vice President Portfolio Manager. Ortar will be based in AFS’s Utah offices, further bolstering the AFS footprint and expansion in the mountain region.

Anvil Capital Partners today announced final close of an $11,000,000 senior secured loan facility to Vermilion Cliffs Partners supporting the acquisition of producing assets in the Permian basin.

From spreadsheets to the latest floorplan finance software: new technology has transformed service levels and increased customer demand at a Minnesota-based bank.

In this newly created role, he will be responsible for managing, implementing, and evaluating credit policy initiatives as well as analyzing and structuring commercial credit for clients across multiple industry sectors.

Tenet Healthcare Corporation (THC) intends to refinance up to $4.2 billion of its currently outstanding notes by a private placement offering of $4.2 billion in aggregate principal amount of newly issued senior secured first lien notes in tranches maturing in 2026 and 2027 (the “notes”). Completion of the offering is subject to, among other things, pricing and market conditions.

MidCap Business Credit announced today they have closed on a $5,500,000 Asset Based Credit Facility for Mitchell Rubber Products, LLC.