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Wells Fargo Capital Finance appointed two senior leaders responsible for asset-based lending Originations and Syndications, further reinforcing its focus on providing valuable advice and expertise for the company’s commercial clients who are... Read Story

June 07, 2024 @ 08:00 AM

StepStone Private Wealth announced the launch of the StepStone Private Credit Income Fund (“CRDEX”), an evergreen interval fund that can be purchased daily via ticker CRDEX.CRDEX offers individual investors and institutions exposure to a highly... Read Story

Filed Under: Industry News
June 07, 2024 @ 07:58 AM

Alvarez & Marsal has appointed Preston Parker, former KPMG Global Leader for its Deal Advisory and Strategy Integration & Separation practice, as Managing Director and Leader of its new Corporate Transactions Group (CTG). Leveraging A&M’s world-class... Read Story

June 07, 2024 @ 07:55 AM

BHI, the U.S division of Bank Hapoalim and a full-service commercial bank, provided a $41 million term loan to the Lam Group to refinance a 24-story, 176 room hotel located at 216 Duffield St. Brooklyn, NY, known as ‘Aloft by Marriott New York... Read Story

Filed Under: Real Estate
June 07, 2024 @ 07:44 AM

Rockland Trust recently expanded its Asset Based Lending Team with the appointment of William Walsh as Vice President, Relationship Manager. In this role, Walsh is responsible for cultivating and nurturing relationships with clients across the team’s... Read Story

June 07, 2024 @ 07:42 AM

Golub Capital acted as Administrative Agent, Lead Arranger and Sole Bookrunner on a unitranche facility to support Freddy’s Frozen Custard & Steakburgers (“Freddy’s”). The facility is composed of a term loan and a revolver; proceeds will be used to... Read Story

Filed Under: Restaurant
June 07, 2024 @ 07:35 AM

Moritt Hock & Hamroff welcomed Julia DeFazio, Douglas Notaris and Pacika Guerra to its 2024 Summer Associates & Legal Interns Program. Julia and Douglas join the firm as Summer Associates while Pacika joins as a Legal Intern. "We are excited to... Read Story

June 07, 2024 @ 07:00 AM

Trinity Capital announced the commitment of $15 million in growth capital to restor3d, a 3D printing, patient specific medical device company. The new debt facility from Trinity will allow restor3d to continue its product innovation and expansion... Read Story

Filed Under: Medical
June 06, 2024 @ 08:00 AM

PennantPark Floating Rate Capital announced that as result of expanded lender partner relationships, it has upsized its credit facility, led by Truist Bank to $611 million from $436 million. Pricing on this facility remained unchanged at SOFR plus... Read Story

Filed Under: Investment Financing
June 06, 2024 @ 07:54 AM

Rubio's Restaurants, a fast casual restaurant chain specializing in coastal Mexican food, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company is taking this action to facilitate the sale of the business. The Company has... Read Story

Filed Under: Bankruptcy
June 06, 2024 @ 07:41 AM