White Oak Real Estate Capital (“WOREC”), an affiliate of White Oak Global Advisors, and Thorofare Capital announced a $21.5 million two-year, floating rate senior loan for the acquisition and conversion of 78 Walker Street into a Class A...
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WeWork announced that its Plan of Reorganization has been confirmed by the United States Bankruptcy Court for the District of New Jersey, a final step in the Company’s operational and financial restructuring. The Company expects to emerge from...
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Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital, provided a $63 million warehouse facility to Denim, a technology-forward factoring partner for freight brokers. The financing, offered by SVB's...
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $75 million revolving credit facility to Cisco Equipment Rentals, a Texas-based provider of equipment rentals, new and...
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Peloton Interactive has successfully completed a holistic refinancing that reduced overall debt, extended debt maturities and achieved more flexible loan terms.Summary of Transactions
The Company syndicated and closed a new $1 billion five-year...
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An Illinois based consumer products packager needed a new lender. Their previous lender was purchased by a large regional bank and the relationship had soured. To complicate matters there was a tight time frame to close the deal. The Bank of Ann...
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EquipNet, a member of the 3S Circular Network, added Marc Swirsky as the Managing Director of the organization’s industrial business. Swirsky joins as a tenured and experienced professional, known in the manufacturing industry for his expertise in...
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LSQ originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey. The company was referred to LSQ by a former client. As part of the partnership, LSQ will also provide the company with comprehensive...
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Clarus Capital announced that veteran leverage finance executive Patrick McAuliffe has joined its Sponsor Coverage effort. McAuliffe brings decades of sponsor finance experience to Clarus, having led sponsor coverage efforts and as a member of the...
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Reuters reported that Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.According the Reuters report, the fund named West Street Loan...
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