TSL Express Daily Articles & News

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.

Grant Thornton LLP has named Jim Peko as the national managing principal of its Advisory Services practice. In this role, he will oversee the strategic direction and operations of the firm’s advisory-services offerings.

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6,100,000 credit facility including a revolving line of credit, equipment term loan, and a real estate term loan for a commercial door manufacturer company located in Wisconsin.

Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a manufacturing company based in Texas which supports the LNG industry. Proceeds of the facility were used to refinance the Company’s existing bank revolver and term facility and for additional growth capital.

Universal mCloud Corp. (MCLD.V) (MCLDF) ("mCloud" or the "Company"), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence ("AI") and analytics, is pleased to announce it has entered into a credit facility with Integrated Private Debt Fund VI LP in the amount of C$13,000,000

Sallyport Commercial Finance extends a $1,000,000 Accounts Receivable facility to an industrial machining company targeting the aerospace and commercial sectors in the Pacific Northwest.

JCW Search, Inc. (“JCW”) was originally formed in 2007 by CEO Jamie Woods in London, launching an operation in NYC in 2012 as its first foray into the USA market. The company has been substantially investing in its growth in Europe and the US as well with additional locations in Frankfurt, Austin, TX and Los Angeles, CA.

A’GACI, an innovator in the fast fashion apparel industry since 1971, is closing all 54 stores in the US and Puerto Rico. A’GACI filed for Chapter 11 Bankruptcy protection this morning and retained a joint venture of SB360 Capital Partners (www.sb360.com) and Hilco Merchant Resources (www.hilcomerchantresources.com) to liquidate the stores. “Going Out of Business” Sales begin today in all A’GACI locations.

Mark T. Reitzes has been named Executive Vice President and Head of Commercial Banking for Northwest Bank, according to Ronald J. Seiffert, Northwest Chairman, President and CEO.