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Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, entered into a $150,000,000 5-year, senior secured second-lien credit agreement with Guggenheim Credit Funding, LLC, on behalf of one or more... Read Story

Filed Under: Marine
April 26, 2024 @ 07:58 AM

Tillman Infrastructure, a leading provider of wireless communication infrastructure, completed a financing package totaling $1 billion. The proceeds will be used to refinance existing loans and provide additional growth capital to support its... Read Story

Filed Under: infrastructure
April 26, 2024 @ 07:47 AM

Star Equity Holdings announced that its KBS Builders (“KBS”) business unit has closed a $4 million revolving line of credit with KeyBank. KBS intends to use the LOC to meet its working capital requirements and execute its business plan. The closing... Read Story

Filed Under: Homebuilding
April 26, 2024 @ 07:41 AM

CIBC Innovation Banking provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc., the first IR Ops Platform."With the successful completion of the transaction with our new sponsor, Sumeru... Read Story

Filed Under: Technology
April 26, 2024 @ 07:39 AM

Alvarez & Marsal's Corporate Performance Improvement (CPI) Group announced the appointments of New York-based Managing Director Annie Peabody and Dallas-based Managing Director Peter Andrews within its Corporate Transformation Services (CTS) practice... Read Story

April 26, 2024 @ 07:33 AM

Credibly announced the close of its third securitization totaling $75 million in additional funding capacity. This milestone marks a significant achievement for the Company, with KBRA assigning a “AA” credit rating to the senior notes. The issuance... Read Story

Filed Under: FinTech
April 26, 2024 @ 07:30 AM

Sunstone Credit, a commercial solar loan platform that helps businesses switch to clean energy, announced a program with M&T Bank to give more businesses access to easy, affordable solar financing.Despite the advantages and incentives for businesses... Read Story

Filed Under: Energy
April 26, 2024 @ 07:00 AM

KKR and Blackstone Real Estate Income Trust announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.The over 10,000-bed portfolio is... Read Story

Filed Under: Real Estate
April 25, 2024 @ 08:05 AM

The Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.“Noncompete clauses... Read Story

Filed Under: Industry News
April 25, 2024 @ 07:58 AM

Mattr Corp. successfully closed on its credit facility with The Toronto-Dominion Bank and National Bank Financial Markets as Co-Lead Arrangers and Joint Bookrunners, and Royal Bank of Canada, JP Morgan Chase Bank, Export Development Canada and ATB... Read Story

Filed Under: infrastructure
April 25, 2024 @ 07:47 AM