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Eclipse Business Capital provided a $170 million senior secured ABL credit facility to a specialty retailer.  The credit facility is secured by accounts receivable and inventory.  The transaction will refinance the Company’s existing credit... Read Story

Filed Under: Retail
May 28, 2024 @ 08:00 AM

Wyndham Hotels & Resorts successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. The Term Loan B garnered significant investor demand, resulting in an upsize of $400 million while in market... Read Story

Filed Under: Hotel & Resort
May 28, 2024 @ 07:48 AM

First Citizens Bank's Middle Market Banking group named Erik Langeland as a relationship manager and market leader focused on building new business in Northern California.Langeland will be responsible for developing and maintaining a portfolio of... Read Story

May 28, 2024 @ 07:43 AM

Oxford Commercial Finance provided a $2.5 million Ledgered Line of Credit to an Ohio-based Logistics company, specializing in 3PL supply chain services. Read Story

Filed Under: Logistics
May 28, 2024 @ 07:26 AM

First Horizon Corporation has been recognized as one of America's Best Employers for New Grads 2024! This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list... Read Story

Filed Under: Banking News
May 28, 2024 @ 07:16 AM

Nearly three quarters of Americans (72%) lack the financial confidence needed to manage a large influx of money on their own, according to a new survey by Citizens. As Baby Boomers, the most financially prosperous generation in history, are set to... Read Story

Filed Under: Industry News
May 28, 2024 @ 07:02 AM

Uncaged Capital completed an $8.9 million working capital facility for a Colorado-based Healthcare facility.James McDonough, Managing Director at Uncaged Capital, highlighted the vital role of healthcare infrastructure in the biotechnology sector... Read Story

Filed Under: Healthcare
May 28, 2024 @ 06:00 AM

Bluberi Gaming USA closed a $55 million financing facility with Citizens acting as Left Lead Arranger on the transaction.Bluberi is one of the fastest growing suppliers of slot machines and gaming content in North America. With a diverse group of... Read Story

Filed Under: Gaming
May 24, 2024 @ 08:07 AM

Bain Capital Specialty Finance increased commitments under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation as administrative agent to $855 million from $665 million and extended the maturity date to May 18, 2029... Read Story

Filed Under: Lender Finance
May 24, 2024 @ 08:03 AM

H2O Innovation entered into an agreement with National Bank of Canada, acting as lead arranger, sole bookrunner, administrative agent and Sustainability Structuring Agent of a syndicate of three banks including Scotiabank and the Toronto-Dominion... Read Story

Filed Under: Specialty Industries
May 24, 2024 @ 08:00 AM