Zions Bancorporation announced the upcoming retirement of Paul Burdiss, President and Chief Executive Officer of the Company's Zions Bank division, operating in Utah, Idaho and Wyoming, on Dec. 31, 2025. Burdiss joined Zions in 2015 as its Executive Vice President and Chief Financial Officer, serving in that role until he assumed his current position with Zions Bank. During his more than 35-year career in the financial services industry, he also held positions at SunTrust Bank and
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December 23, 2025 @ 08:15 AM
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Huntington Bancshares and Cadence Bank jointly announced that the Office of the Comptroller of the Currency has approved the proposed merger of Cadence Bank with and into The Huntington National Bank, with The Huntington National Bank as the surviving bank.All required regulatory approvals to complete the Huntington-Cadence transaction have now been received. The merger is expected to close on Feb. 1, 2026, subject to the receipt of shareholder approvals and the satisfaction or waiver of the
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December 23, 2025 @ 08:00 AM
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eCapital Corp. delivered a $9 million freight factoring facility to support a specialized carrier with established operations serving North American supply chains.As the carrier scaled its temperature-controlled freight operations and expanded integrated services, leadership sought a single capital partner capable of delivering increased capacity, improved cost efficiency, and greater transparency across receivables. eCapital structured a purpose-built freight factoring facility aligned with the
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December 23, 2025 @ 07:58 AM
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CIBC Innovation Banking provided a $25 million USD financing facility to BinSentry, a Kitchener-Waterloo based technology company helping major agriculture enterprises optimize feed supply chains through AI-powered sensors and real-time monitoring. This capital will support the acceleration of BinSentry’s global expansion.BinSentry combines AI-powered sensors and proprietary software to bring real-time visibility and automation to the animal feed supply chain. Its solar-powered, self-cleaning
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December 23, 2025 @ 07:54 AM
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Starlab Space closed a credit facility led by Texas Capital. The company expects fundings drawn under the facility to support Starlab’s continued progress across its development plan, including long-lead investments aligned with program needs, and for general working capital.“Our credit facility strengthens our financial flexibility, providing disciplined access to capital as we advance the program on schedule,” said Marshall Smith, CEO of Starlab.
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December 23, 2025 @ 07:51 AM
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Monroe Capital acted as joint lead arranger on the funding of a senior credit facility to support the investment in The Phia Group (“Phia”) by private equity sponsor InTandem Capital Partners.Founded in 2000 and headquartered in Canton, MA, Phia empowers health benefit plans and sponsors through consulting, cost containment, and plan management services. Phia reduces the cost of health benefits and improves access to quality care through innovative technologies, legal expertise, and focused
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December 23, 2025 @ 07:44 AM
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Stratton Capital Group announced the successful closing of an $18.457 million loan with All American Construction for their latest project, "River View Apartments." This multifamily development promises to transform the skyline of downtown Springfield, providing modern living spaces just in time for the upcoming housing needs in the area.River View Apartments will feature 150 contemporary residential units designed to cater to the increasing demand for quality housing in downtown Springfield.
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December 23, 2025 @ 07:30 AM
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The Hedaya Capital Group recently provided a $2.5 million factoring facility to a Maryland-based energy service company working to improve energy efficiency for industrial buildings, warehouses and offices as well as retail, hospitality, and healthcare environments. The Company designs and implements smart lighting systems and high-performance solutions; as well as finances utility company rebates for clients so solutions can be implemented faster. With strong interest in greener energy and
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December 23, 2025 @ 07:28 AM
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Accord Financial Corp. amended its senior secured revolving credit facility, extending the maturity date to February 27, 2026. This amendment follows a recent short-term extension announced on December 15, 2025.Pursuant to the amendment, the total commitment under the Bank Facility will be reduced from $205 million to $190 million. The amendment also incorporates milestones related to proposed asset sales, with net proceeds to be used to repay bank indebtedness.As has been disclosed in the
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December 23, 2025 @ 07:14 AM
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Green Mobility Partners (“GMP”), a Vienna-based electric locomotive leasing company, and KKR, announced a strategic partnership to create a leading European rail leasing platform to meet growing demand for sustainable rail infrastructure across Europe.GMP provides electric locomotives to freight and passenger rail operators across Continental Europe, supporting the sector's transition toward electrification. Founded in 2024 by Christoph Katzensteiner, GMP exclusively leases out Siemens Vectron
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December 23, 2025 @ 07:00 AM
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Wingspire Capital upsized a revolving line of credit to $300 million for New APR Energy, LLC (d/b/a APR Energy) in support of growth for the global leader in fast-track power generation solutions.APR Energy owns and operates one of the world’s largest mobile gas turbine fleets, representing 1 GW of generation capacity. The company delivers bridging and permanent power generation to mission-critical customers, including data center operators and utilities. APR will use proceeds of the revolver
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December 22, 2025 @ 08:15 AM
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Walker & Dunlop arranged a $778.6 million construction loan to facilitate the office-to-residential conversion of 111 Wall Street, located along the East River waterfront in Lower Manhattan’s Financial District. The closing of this financing marks the largest single-building office-to-residential conversion loan in New York City history, and the country.The Walker & Dunlop Capital Markets Institutional Advisory Practice arranged the loan on behalf of InterVest capital partners, a global
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December 22, 2025 @ 08:12 AM
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Steward Partners, an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, has raised $475 million in strategic capital from Ares Credit funds ("Ares"), comprising a significant expansion of its lending relationship and a non-controlling minority investment. Ares joins Steward Partners' existing institutional partners, Cynosure Group ("Cynosure") and The Pritzker Organization ("TPO"), in backing the firm. Strategic direction and day-to-day
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December 22, 2025 @ 08:00 AM
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J.Jill successfully completed the refinancing of its existing credit agreement with a new $75 million senior secured five-year term loan facility. The refinancing replaces the Company's previous term loan credit agreement dated April 5, 2023, providing enhanced financial flexibility and improved terms. The facility is provided by an affiliate of Manulife | Comvest Credit Partners, CCP Agency as Administrative Agent, Collateral Agent, and Sole Lead Arranger.“This refinancing demonstrates our
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December 22, 2025 @ 07:45 AM
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A family-owned lumber and building materials company stands tall as one of San Antonio’s most enduring businesses, stretching back to 1933. The company provides everything from high-quality lumber and roofing materials to windows, doors, cabinets, flooring, and hardware, serving generations of builders across the greater San Antonio area.The Situation: Despite generations of hard work and deep roots in the San Antonio community, the company faced increasing financial pressure. Tariffs
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December 22, 2025 @ 07:37 AM
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