Sam Ash—the century-old American music retailer that became a beloved institution for generations of amateur and professional musicians alike—filed for Chapter 11 bankruptcy protection on May 8, 2024 in the U.S. Bankruptcy Court for the District of...
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Electric Hydrogen announced $100 million in corporate credit financing to support manufacturing and deployment of their innovative 100MW electrolyzer plants, which enable the lowest cost production of green hydrogen. The funding was led by HSBC, with...
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Encina Private Credit served as club lender providing a First Out tranche in a Senior Secured Credit Facility supporting Stone Goff portfolio company John Staurulakis, LLC (“JSI”). The Senior Secured Credit Facility is led by Balance Point Capital...
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NXT Capital provided a senior credit facility to support Shoreline Equity Partners’ refinancing of Engelman’s Bakery. NXT Capital acted as the Administrative Agent, Sole Bookrunner, and Sole Lead Arranger on this transaction.“We are pleased to close...
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Benefit Street Partners announced the final close of BSP Special Situations Fund II and its affiliated vehicles (“Fund II”) which were oversubscribed with approximately $850 million in capital commitments. Fund II will seek to continue the investment...
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First Citizens Bank's Healthcare Finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland.The borrower is a Midwest-based healthcare real estate investment and management...
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, announced that it has provided Chesterbrook Community Foundation with a $25,000 donation to support the renovation of the...
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Wells Fargo & Company announced that Fernando Rivas has been named SEVP and Co-CEO of Corporate & Investment Banking (CIB), reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee, effective today. Rivas and Jon...
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TAB Bank closed more than $41 million in major credit facilities in the first quarter of 2024. Deal sizes ranged from under $1 million to $10 million from companies across the United States in the paper products, food, trucking and shipping, retail...
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SLR Business Credit (SLRBC) partnered with a preeminent North American distributor of mobile air compressors, generators, and air tools. The firm is also an innovator in creating a sustainable hybrid energy system which alters how contractors and...
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