Pier 1 Imports, Inc. (“Pier 1” or the “Company”) announced that it has entered into a Plan Support Agreement (the “PSA”) with a majority of its term loan lenders and is pursuing a sale of the Company. To facilitate an orderly sale process and...
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February 18, 2020 @ 09:03 AM
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Wingspire Capital, LLC (“Wingspire”) announced that William Bence joined the firm as Principal, responsible for business development activities of Wingspire Capital in Chicago and the midwestern United States.Will joins Wingspire from Fifth Third...
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February 18, 2020 @ 09:00 AM
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Bloomberg reported the Boy Scouts of America (BSA) is seeking bankruptcy. According to the report, the BSA filed in Delaware early Tuesday under Chapter 11 of the U.S. bankruptcy code. Court papers listed liabilities of up to $1 billion and assets as...
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February 18, 2020 @ 08:55 AM
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Winter Harbor LLC, a national restructuring and turnaround firm, announced Kurt Hedderich has been promoted to senior director and Matt Czerkowicz and Matt Dalton have both been promoted to senior manager. Hedderich has been with Winter Harbor since...
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February 18, 2020 @ 08:50 AM
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BankFinancial NA (“the Bank”), the national banking association subsidiary of BankFinancial Corporation announced the expansion of BankFinancial Commercial Real Estate Capital Markets. BankFinancial Commercial Real Estate Capital Markets recently...
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February 18, 2020 @ 08:42 AM
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Business brokers expect a healthy M&A market in 2020 with 55% of advisors predicting the volume of deals (under $50 million) will increase in the next 12 months according to the Q4 2019 Market Pulse Report published by the International Business...
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February 14, 2020 @ 09:10 AM
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Encina Business Credit, LLC (EBC) announced the completion of a $50.0 million revolving credit facility for The McClatchy Company (McClatchy). The facility was used to refinance McClatchy’s pre-petition, asset-based revolver and support their working...
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February 14, 2020 @ 09:05 AM
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MONTICELLOAM, LLC and its affiliates (Monticello), a specialized private real estate and asset-based lender, asset manager and servicer, announced it has provided $38 million in first lien debt financing for the acquisition of one mixed-use rental...
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February 14, 2020 @ 09:00 AM
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Ares Management Corporation offered details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group closed approximately $3.3 billion in commitments across 54...
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February 14, 2020 @ 08:55 AM
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ABL Advisor's offices will be closed on Monday, February 17 in observance of Presidents’ Day, officially George Washington's Birthday. We will return with our Daily eNews Blast on Tuesday, February 18.We wish all of our readers a very safe and happy...
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February 14, 2020 @ 07:00 AM
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