Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment in support of The Sterling Group’s (“Sterling”) formation of Compost360, a new platform focused on building a leading processor of...
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August 09, 2023, 07:00 AM
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LSQ announced a partnership with Indiana-based Rochester Iron & Metal to provide a supply chain finance (SCF) program to its metal processing and recycling suppliers.Through the program, suppliers will have the ability to receive early payment for...
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November 18, 2022, 07:15 AM
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White Oak Global Advisors provided a $21.3 million senior credit facility to Omni Recycling (“Omni”), a leading single-stream recycling and waste disposal company. The transaction supported Salt Creek Capital’s (“Salt Creek”) acquisition of the...
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BizCap successfully delivered a customized financing solution for its client, Pacific Recycling, Inc. This financing will be used to pay-off existing debt, with the remaining proceeds available as working capital to finance infrastructure expansion...
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January 27, 2022, 07:45 AM
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Amerisource Business Capital closed and funded a $10,000,000 senior credit facility and real estate term loan for a Texas-based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support...
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November 09, 2021, 07:48 AM
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Ecobat, the global leader in battery recycling, refinanced existing credit facilities in North America and Europe into a new 5-year upsized global funding facility led by J.P. Morgan. The facility was established by a syndicate of the world's largest...
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November 09, 2021, 07:00 AM
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White Oak Global Advisors provided a $80 million term loan supporting the refinancing of one of the largest non-ferrous and ferrous metals recyclers in the US. The structure, which also includes an $80 million asset-based credit facility, provides...
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October 25, 2021, 08:07 AM
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LSQ announced the origination of a $5 million facility for a European metals recycler entering the U.S. market.The facility will help address the rising demand for metal alloys, allowing the business to purchase property and processing equipment...
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October 13, 2021, 07:14 AM
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5N Plus renewed its $79 million senior secured multi-currency, revolving and syndicated credit facility. The agreement includes a contingent option to expand the facility to $124 million. The renewed credit facility has a two-year term, bearing...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $11.5 million senior credit facility drawn at closing to support the acquisition of Green Remedies Waste and Recycling Inc. by Quest Resource...
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October 21, 2020, 08:50 AM
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SG Credit Partners provided a $1.5 million second lien loan to a family-owned Industrial recycling company that sells processed and unprocessed materials to domestic and international mills, foundries, and other material processors. Management was...
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January 15, 2020, 08:55 AM
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Real Alloy Holding, Inc. announced that the Company and the ad hoc group comprised of certain Real Alloy noteholders led by funds and accounts managed by DDJ Capital Management have reached an agreement in principal with the Official Committee of...
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Comvest Credit Partners has acted as Syndication Agent on the funding of a Senior Term Loan to CarbonLITE Industries, LLC., the largest producer of FDA-approved, bottle-grade post-consumer recycled polyethylene terephthalate (PET) resins in the...
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November 30, 2017, 07:08 AM
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Big River Steel LLC announced that it closed on $1.225 billion of financing consisting of $600 million of Senior Secured Notes due 2025, a six-year $400-million senior secured term loan facility and a five-year $225-million asset-based lending...
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August 28, 2017, 08:00 AM
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Bank of America Business Capital has provided an asset-based revolving credit facility to Thalheimer Brothers, LLC. Proceeds will be used to refinance existing debt and to provide ongoing working capital financing to support their short- and...
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August 09, 2017, 07:14 AM
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PNC Bank announced that it closed a $26 million senior secured credit facility for Tennessee Valley Recycling (TVR), based in Decatur, Alabama.
PNC Bank serves as administrative agent. TVR will use the funds to refinance existing senior bank debt...
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Bank of America Business Capital has provided $84 million in credit facilities to Scrap Metal Services, LLC (SMS). Facilities include a $60 million asset based revolving credit facility, a $24.4 million term loan and a $4 million capital expenditure...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $15,500,000 senior credit facility to Texarkana, Arkansas based Tri-State Iron & Metal Co., Inc.
Tri-State is a third generation, family run business...
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Quest Resource Holding Corporation and certain of its subsidiaries, announced that they entered into a Loan, Security and Guaranty Agreement, dated as of February 24, 2017, with Citizens Bank, National Association as a lender, and as administrative...
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February 28, 2017, 07:00 AM
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Siena Lending Group announced the completion of a three-year $6.5 million asset-based revolving and term loan credit facility for Midwest Industrial Metals Corporation (“MIMC”) to refinance their existing senior debt and to provide additional working...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior secured credit facility to support the refinancing of Solterra Recycling Solutions, a portfolio company of Roark Capital.Based in Ewing...
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Industrial Services of America, Inc., a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities and buys, dismantles and sells used auto parts, announced the closing of a new two-year revolving line of...
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First Capital, a national commercial finance company, announced it has provided a $4.5 million asset-based credit facility to Simon Metals, LLC, a leader in scrap metal recycling for almost 100 years in the Pacific Northwest. The senior credit...
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February 24, 2015, 07:57 AM
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Signature Group Holdings has entered into a definitive stock purchase agreement to acquire the Global Recycling and Specification Alloys ("GRSA") business of privately-held Aleris Corporation for $525 million. The Board of Directors of Signature...
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October 20, 2014, 08:02 AM
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Waste Pro USA, Inc. has completed a $579 million recapitalization of the Longwood, Florida-based company, according to CFO and Vice President Cort Sabina.The new credit facility for the 11-year-old firm is all debt, which included an asset-based loan...
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October 16, 2014, 07:51 AM
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Mackinac Commercial Credit has funded a $3MM asset-based line of credit to an Arkansas based metals recycler. The recycler had made substantial investments in plant and equipment but needed more time to effect is restructuring plan. After meeting...
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Bank of America Business Capital announced it has provided a £35.9 million credit facility to Metal & Waste Recycling. Proceeds will be used to refinance existing indebtedness and to support working capital needs.Based in London, Metal & Waste...
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PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. announced the closing of $25 million in senior secured financing for Keywell Metals LLC, based in Chicago, Ill. The transaction includes a $20 million asset-based revolver, a $5...
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Nuverra Environmental Solutions, a leading provider of full-cycle environmental solutions to energy and industrial end-markets, announced today that it has revised its existing Revolving Credit Facility (the “Revised Facility”) to increase the...
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Metalico, Inc. has closed a refinancing providing up to $125 million. Proceeds from the new facilities were used to pay amounts outstanding under the Company's prior credit agreement, repurchase $37 million of its Convertible Notes and pay related...
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November 25, 2013, 07:50 AM
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FirstMerit Bank Business Credit announced it closed a new $25 million revolving credit loan and term loan facilities to United Milwaukee Scrap, LLC on September 30, 2013. Proceeds of the facility were used to refinance existing debt and provide for...
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October 18, 2013, 07:53 AM
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