Stifel Financial Corp. and Korea Investment & Securities Co., Ltd. (KIS), a subsidiary of Korea Investment Holdings, announced the formation of a substantial leveraged lending joint venture, SF Credit Partners.Concurrently, Stifel and KIS have...
Read Story
September 28, 2022 @ 08:08 AM
|
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an...
Read Story
September 28, 2022 @ 08:00 AM
|
H.I.G. Capital announced that Managing Directors Michael Mestel and Steven Schwartz have been promoted to Co-Heads of H.I.G. Realty Credit Partners. H.I.G. Realty Credit Partners has originated over $3 billion of loans in 33 investments since its...
Read Story
September 28, 2022 @ 07:58 AM
|
Wingspire Capital provided a revolving loan facility in concert with a larger asset-based credit facility with WhiteHawk Capital Partners to trading card investment platform PWCC Marketplace, LLC and certain affiliates to create further liquidity...
Read Story
September 28, 2022 @ 07:50 AM
|
VerifyMe entered into a new debt facility with PNC Bank and repaid all outstanding principal and interest on the promissory note issued in connection with the PeriShip acquisition.The new debt facility includes a $1 million revolving line of credit...
Read Story
September 28, 2022 @ 07:39 AM
|
Ascend Capital Group has promoted Douglas (“DJ”) Palmer to Managing Director and Thien Van Tran to Director. “We are incredibly proud of the talent that we cultivate at Ascend,” said Eric Parekh, Managing Director at Ascend. “These promotions...
Read Story
September 28, 2022 @ 07:30 AM
|
SMBC, a member of SMBC Group, led and closed a $1.28 billion financing for QTS Realty Trust, LLC (“QTS”) to design and construct a new state-of-the-art data center campus. SMBC acted as the Sole Coordinating Lead Arranger, Sole Bookrunner, Green Loan...
Read Story
September 28, 2022 @ 07:27 AM
|
Wildpack Beverage, a U.S. national beverage co-packer and packaging supplier focused on the aluminum can format, entered into a senior secured revolving credit facility with Transportation Alliance Bank, Inc. ("TAB Bank"), for up to US5,000,000 in...
Read Story
September 28, 2022 @ 07:25 AM
|
GreenFirst Forest Products closed $140 million in financing from the Bank of Montreal (“BMO”). The financing includes a $125 million asset-backed revolving credit facility and a $15 million term loan. This refinancing replaced a high yield US$90...
Read Story
September 28, 2022 @ 07:11 AM
|
Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, Inc., the parent company of Lakeland Bank, announced that they have entered into a definitive merger agreement pursuant to which the companies will combine in...
Read Story
Filed Under:
September 27, 2022 @ 08:00 AM
|