WSFS Bank has hired Brooke Moyer as Senior Vice President and Director of Loan Syndications, reporting to Jim Gise, Senior Vice President, Middle Market, Syndications and Capital Markets.In his role, Moyer will be responsible for arranging, pricing...
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April 19, 2024 @ 08:00 AM
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Big Lots has increased its borrowing capacity by up to $200 million with a new "first in, last out" term loan facility (the "FILO Term Loan Facility") through 1903P Loan Agent, LLC, an affiliate of Gordon Brothers Capital. The FILO Term Loan Facility...
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April 19, 2024 @ 07:56 AM
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The American Bankruptcy Institute (ABI) supports the recently introduced S. 4150 by Sen. Richard Durbin (D-Ill.) to extend key provisions of the “Bankruptcy Threshold Adjustment and Technical Corrections Act” that were due to sunset on June 21 for an...
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April 19, 2024 @ 07:46 AM
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SLR Healthcare ABL (“SLRHC”) provided financing for a $9 million asset-based revolving credit facility to an Illinois based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term...
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April 19, 2024 @ 07:45 AM
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First Citizens Bank's Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office...
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April 19, 2024 @ 07:37 AM
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Histogen, a drug development company for treatment of bacterial skin infections, has filed voluntary petitions for relief under subchapter V of Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the United States Bankruptcy Court for the...
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April 19, 2024 @ 07:00 AM
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Victory Park Capital (“VPC”) closed a $100 million credit facility with Sétanta Development Capital (“Sétanta”), a Charlotte-based residential real estate financing provider. The transaction will support Sétanta’s acquisition and development...
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April 18, 2024 @ 08:00 AM
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It is with profound sadness that ABI announced the passing of Hon. Kevin J. Carey (ret.) of Hogan Lovells (Philadelphia), a venerated figure in the bankruptcy and legal communities, who passed away on April 11. "We are extremely saddened at the news...
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April 18, 2024 @ 07:55 AM
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King Trade Capital, the oldest and largest independent purchase order and non-bank trade finance solutions provider in the U.S., announced 1st quarter revenue growth exceeding 30 percent. King Trade Capital's Founder Edward King said, “We are quite...
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April 18, 2024 @ 07:52 AM
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LSQ originated a $15 million invoice finance facility for a Florida-based distributor of cellular phones and other personal electronic devices.The company will use the additional capital to support its growth trajectory since adding new product lines...
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April 18, 2024 @ 07:50 AM
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