Quinn Residences, a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced the closing of an expansion of its existing revolving credit facility led by JPMorgan Chase Bank. The Company...
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April 10, 2024, 07:32 AM
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Skylight Lending, a provider of financing solutions in the residential solar space, closed a multi-million-dollar credit facility with M&T Bank. This strategic relationship marks a significant milestone for Skylight as it positions the company for...
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January 19, 2024, 07:28 AM
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MarineMax, the world’s largest recreational boat, yacht, and superyacht services company, announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for...
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July 14, 2023, 07:31 AM
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M&T Bank announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. These changes include the following...
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June 29, 2023, 08:02 AM
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The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility...
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June 22, 2023, 07:45 AM
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Gibraltar Business Capital (“GBC”) secured an increased line of credit with Bank of America, building upon the partnership first announced in May 2021. While Bank of America remains the lead agent in the expanded senior line of credit financing...
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March 10, 2023, 07:54 AM
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Wilmington Trust, a leader in wealth management and corporate and institutional services and a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in...
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December 20, 2022, 08:00 AM
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Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a...
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December 09, 2022, 08:08 AM
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M&T Bank appointed Sam Bluso to lead the bank's new Institutional Real Estate Group focused on expanding M&T's corporate real estate business. As Head of Institutional Real Estate for M&T, Bluso will rely on his 25 years in the real estate capital...
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November 22, 2022, 07:53 AM
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M&T Bank announced that Matthew T. Orrino has been named a Managing Director and head of Institutional Commercial Real Estate (CRE) Capital Markets at M&T Investment Banking. Hired by the Corporate & Investment Bank ("CIB"), Orrino will be focused on...
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August 02, 2022, 07:49 AM
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M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to...
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July 20, 2022, 08:02 AM
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Richard ("Rich") Gold, President and Chief Operating Officer for M&T Bank Corporation, has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank."It's difficult to...
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June 16, 2022, 08:00 AM
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M&T Bank named four Regional Presidents: Grace Lee, Frank Micalizzi, Tyré Robinson and Michael Seaver. Micalizzi and Seaver also were named Head of Commercial Banking for their respective states. Frank MicalizziMicalizzi has been named M&T Bank...
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May 13, 2022, 07:53 AM
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ABLE Equipment Rental of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced an increase to its' existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The $175 million facility is...
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May 12, 2022, 07:44 AM
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M&T Bank Corporation announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial. The transaction has also received approval from...
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March 07, 2022, 08:00 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced the two companies have agreed to extend their merger agreement from Feb. 21 to June 1.The companies announced a year ago that M&T Bank had agreed to acquire People’s United...
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February 22, 2022, 07:47 AM
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M&T Bank Corporation announced it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank. The combined bank will create a...
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October 22, 2021, 07:00 AM
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inTEST Corporation, a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications...
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October 19, 2021, 07:28 AM
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MamaMancini's Holdings, a marketer of specialty pre-prepared, frozen and refrigerated food products, secured an expanded credit facility with M&T Bank in the amount of $10.5 million for the purpose of acquisition financing at an interest rate of 3.5%...
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August 31, 2021, 07:50 AM
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Lazydays Holdings entered into a three-year expanded credit agreement with a syndicate of banks led by Manufacturers and Traders Trust Company ("M&T Bank"). The $369 million credit facility nearly doubles the Company's Floorplan capacity from $175...
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July 16, 2021, 07:00 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approvals for the consummation of the merger of People's United into...
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May 27, 2021, 07:00 AM
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M&T Bank Corporation and People's United Financial, Inc. announced they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.The combined company will create a diversified...
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February 22, 2021, 08:20 AM
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CCA Industries entered into a new credit facility with M&T Bank, on January 21, 2021 to replace the line of credit with PNC Bank and for general working capital purposes. The credit facility provides a term loan in an amount of $500,000 (the "Term...
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February 10, 2021, 07:44 AM
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ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced the closing of a $150 million Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The facility is...
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March 06, 2020, 09:05 AM
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DLH Holdings Corp., provider of innovative healthcare services and solutions to federal agencies, announced that it has acquired privately-held Social & Scientific Systems ("SSS") of Silver Spring, Maryland. The firm, with approximately 400 employees...
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June 11, 2019, 08:40 AM
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Sterling National Bank announced that Daniel Liberty has joined the bank as Senior Managing Director and Senior Vice President in its Melville, Long Island office. Liberty will report directly to Ed Blaskey, Executive Vice President and Long Island...
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November 09, 2017, 07:08 AM
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M&T Bank has promoted Jason Lipiec to the new role of Long Island president, according to press reports.
Lipiec was previously a senior group manager for middle-market banking at M&T Bank in Manhattan, where he was charged with managing and growing...
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May 25, 2017, 07:26 AM
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A new survey from M&T Bank suggests that many middle market firms are looking forward to potential changes in economic policy under President Trump’s new administration and plan to increase capital spending this quarter as a result. According to the...
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March 10, 2017, 07:00 AM
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MarineMax, Inc. has expanded its financing facility to, among other things, provide for borrowings of up to $300 million from the previous limit of $260 million.The expanded facility has a three-year term, expiring in October 2019 and it has two, one...
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June 15, 2016, 07:19 AM
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Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced it is leading a $10.5 million add-on investment, along with United Insurance of America (“Kemper”), in EmpireCLS Worldwide...
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April 29, 2015, 07:05 AM
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Merkle, a leading technology-enabled, data-driven customer relationship marketing (CRM) firm and the nation’s largest privately held agency, announced that it has closed an amendment to provide capacity to upsize its credit facility to $325 million...
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November 14, 2014, 07:24 AM
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Bruderman Brothers, Inc. has structured and arranged a revolving credit facility and term loan for Global Energy Efficiency Holdings, Inc. ("GEE" or the "Company") with M&T Bank. GEE is an energy management firm focused on the installment and...
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January 22, 2014, 07:56 AM
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PPL Corporation announced a new financing arrangement with 21 regional and local banks in eastern and central Pennsylvania to provide a $300 million revolving credit facility that will be used for general corporate purposes, including infrastructure...
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November 13, 2013, 06:13 AM
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TeleCommunication Systems, together with several of its domestic subsidiaries (collectively, the Borrowers), have closed on a new credit agreement dated June 25, 2013. Silicon Valley Bank is the administrative agent, co-lead arranger and joint...
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June 27, 2013, 07:53 AM
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