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Marathon Asset Management Appoints Lueker to Lead Direct Lending Business
Marathon Asset Management announced that Curt Lueker has joined the firm as Managing Director, to lead the firm’s sponsor coverage and direct lending business. In addition, Lueker will become a member of the firm’s Investment Committee. Lueker joins Marathon as a highly experienced financial...
Oaktree Provides New $100MM Secured Credit Facility to Harrow
Harrow, a leading U.S. eyecare pharmaceutical company, entered into a $100 million secured credit financing agreement with funds managed by Oaktree Capital Management. The interest-only secured credit facility carries an interest rate equal to the three-month secured overnight financing rate (SOFR)...
White Oak Commercial Finance Provides $2MM Non-recourse Factoring Facility to Men’s Apparel Wholesaler
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $2 million non-recourse factoring facility to a wholesaler of contemporary men’s apparel.“As the apparel sector navigates continued market volatility, we are pleased to support a company with a strong growth...
MidCap Financial Leads New $75MM Revolving Credit Facility for Yak Access
Yak Access, a provider of temporary access roads and related services, completed a major recapitalization led by its principal equity holder, Platinum Equity, on March 10, 2023.Through this transaction, Yak obtained $121,000,000 of new money investments, largely from Platinum Equity, which remains...
Tight Bank Credit Leaves Smaller Companies Feeling the Pinch
Al Davis
As the economy continues to seek its footing, small businesses are finding it challenging to get loans from traditional...
2/7/2023 Topic: Industry Insights
As the economy continues to seek its footing, small businesses are finding it...
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