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Mercuria Energy Group the global energy and commodities group announced the successful signing of US$ 1.2 billion in credit facilities that was joined by a group of 37 banks.The Facilities were arranged by Australiaand New Zealand Banking Group Limited, Bank of China, Singapore Branch, Coöperatieve Rabobank U.A. SingaporeBranch, DBS Bank Ltd., Emirates NBD Capital Limited, Industrial and Commercial Bank of China Limited, London Branch, ING Bank N.V. Singapore Branch, Mizuho Bank, Ltd., MUFG Bank Read Story

Filed Under: Industry News
November 27, 2019 @ 08:40 AM

Monroe Capital LLC has been recognized by Global M&A Network as the Small Middle Markets Lender of the Year for the seventh consecutive year. Award winners were honored at the Americas M&A Atlas Awards Gala Ceremony held in New York City on October 25th. This award recognizes the firm’s notable transactions, expertise, track record, team leadership and more importantly, client service. Americas M&A Atlas Awards is part of the prestigious M&A Atlas Awards global brand, exclusively honoring best Read Story

Filed Under: Industry News
November 26, 2019 @ 08:00 AM

Nicole Crafts has decided to exit its retail operations by retaining the retail and real estate divisions of Gordon Brothers to close the A.C. Moore stores, as part of a broader strategic plan.  Matthew Pascucci of Mackinac Partners has been appointed as Chief Restructuring Officer of A.C. Moore to assist in this effort.Anthony Piperno, Chief Executive Officer of A.C. Moore said, "For over 30 years, our stores have been servicing the creative community with a vast selection of art and craft Read Story

Filed Under: Retail
November 27, 2019 @ 09:00 AM

The former Chief Operating Officer and Chief Financial Officer of Celadon Group Inc., a publicly traded transportation and trucking company headquartered in Indianapolis, IN, were charged in an indictment unsealed Dec. 5 for their alleged role in a complex securities and accounting fraud scheme that resulted in a loss of more than $60 million in shareholder value, according to the U.S. Department of Justice. William Eric Meek, 39, and Bobby Lee Peavler, 40, both of Indianapolis were each charged Read Story

Filed Under: Fraud
December 06, 2019 @ 08:55 AM

Umpqua Bank, a West Coast regional bank, released its "State of the Middle Market 2020," a national survey gauging the confidence of companies that together account for one-third of all U.S. private sector GDP. More than 500 decision-makers at middle market companies across all industries and geographic regions were polled on issues impacting their economic confidence and decision-making heading into 2020, including U.S.-China trade, stock market volatility, the labor market and interest rate Read Story

Filed Under: Economy
December 04, 2019 @ 09:00 AM

2019-12-09 04:38