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News Stories (34 Results) - M&T Bank

Quinn Residences, a leading owner, operator, and developer of dedicated rental communities in the Southeastern United States, announced the closing of an expansion of its existing revolving credit facility led by JPMorgan Chase Bank. The Company... Read Story
April 10, 2024, 07:32 AM

Skylight Lending, a provider of financing solutions in the residential solar space, closed a multi-million-dollar credit facility with M&T Bank. This strategic relationship marks a significant milestone for Skylight as it positions the company for... Read Story
January 19, 2024, 07:28 AM

MarineMax, the world’s largest recreational boat, yacht, and superyacht services company, announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for... Read Story
July 14, 2023, 07:31 AM

M&T Bank announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. These changes include the following... Read Story
June 29, 2023, 08:02 AM

The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility... Read Story
June 22, 2023, 07:45 AM

Gibraltar Business Capital (“GBC”) secured an increased line of credit with Bank of America, building upon the partnership first announced in May 2021. While Bank of America remains the lead agent in the expanded senior line of credit financing... Read Story
March 10, 2023, 07:54 AM

Wilmington Trust, a leader in wealth management and corporate and institutional services and a wholly-owned subsidiary of M&T Bank Corporation, announced an agreement with Madison Dearborn Partners, LLC ("MDP"), a leading private equity firm based in... Read Story
December 20, 2022, 08:00 AM

Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a... Read Story
December 09, 2022, 08:08 AM

M&T Bank appointed Sam Bluso to lead the bank's new Institutional Real Estate Group focused on expanding M&T's corporate real estate business. As Head of Institutional Real Estate for M&T, Bluso will rely on his 25 years in the real estate capital... Read Story
November 22, 2022, 07:53 AM

M&T Bank announced that Matthew T. Orrino has been named a Managing Director and head of Institutional Commercial Real Estate (CRE) Capital Markets at M&T Investment Banking. Hired by the Corporate & Investment Bank ("CIB"), Orrino will be focused on... Read Story
August 02, 2022, 07:49 AM

M&T has launched its new Commercial Real Estate Innovation Office, an integrated team focused on building comprehensive solutions for commercial real estate (CRE) clients. The CRE Innovation Office aims to creatively connect financial products to... Read Story
July 20, 2022, 08:02 AM

Richard ("Rich") Gold, President and Chief Operating Officer for M&T Bank Corporation, has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank."It's difficult to... Read Story
June 16, 2022, 08:00 AM

M&T Bank named four Regional Presidents: Grace Lee, Frank Micalizzi, Tyré Robinson and Michael Seaver. Micalizzi and Seaver also were named Head of Commercial Banking for their respective states. Frank MicalizziMicalizzi has been named M&T Bank... Read Story
May 13, 2022, 07:53 AM

ABLE Equipment Rental of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced an increase to its' existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The $175 million facility is... Read Story
May 12, 2022, 07:44 AM

M&T Bank Corporation announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial. The transaction has also received approval from... Read Story
March 07, 2022, 08:00 AM

M&T Bank Corporation and People's United Financial, Inc. jointly announced the two companies have agreed to extend their merger agreement from Feb. 21 to June 1.The companies announced a year ago that M&T Bank had agreed to acquire People’s United... Read Story
February 22, 2022, 07:47 AM

M&T Bank Corporation announced it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank.  The combined bank will create a... Read Story
October 22, 2021, 07:00 AM

inTEST Corporation, a global supplier of innovative test and process solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications... Read Story
October 19, 2021, 07:28 AM

MamaMancini's Holdings, a marketer of specialty pre-prepared, frozen and refrigerated food products, secured an expanded credit facility with M&T Bank in the amount of $10.5 million for the purpose of acquisition financing at an interest rate of 3.5%... Read Story
August 31, 2021, 07:50 AM

Lazydays Holdings entered into a three-year expanded credit agreement with a syndicate of banks led by Manufacturers and Traders Trust Company ("M&T Bank"). The $369 million credit facility nearly doubles the Company's Floorplan capacity from $175... Read Story
July 16, 2021, 07:00 AM

M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approvals for the consummation of the merger of People's United into... Read Story
May 27, 2021, 07:00 AM

M&T Bank Corporation and People's United Financial, Inc. announced they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.The combined company will create a diversified... Read Story
February 22, 2021, 08:20 AM

CCA Industries entered into a new credit facility with M&T Bank, on January 21, 2021 to replace the line of credit with PNC Bank and for general working capital purposes. The credit facility provides a term loan in an amount of $500,000 (the "Term... Read Story
February 10, 2021, 07:44 AM

ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of Construction Equipment Rentals, Sales, Service and Parts, announced the closing of a $150 million Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The facility is... Read Story
March 06, 2020, 09:05 AM

DLH Holdings Corp., provider of innovative healthcare services and solutions to federal agencies, announced that it has acquired privately-held Social & Scientific Systems ("SSS") of Silver Spring, Maryland. The firm, with approximately 400 employees... Read Story
June 11, 2019, 08:40 AM

Sterling National Bank announced that Daniel Liberty has joined the bank as Senior Managing Director and Senior Vice President in its Melville, Long Island office. Liberty will report directly to Ed Blaskey, Executive Vice President and Long Island... Read Story
November 09, 2017, 07:08 AM

M&T Bank has promoted Jason Lipiec to the new role of Long Island president, according to press reports.  Lipiec was previously a senior group manager for middle-market banking at M&T Bank in Manhattan, where he was charged with managing and growing... Read Story
May 25, 2017, 07:26 AM

A new survey from M&T Bank suggests that many middle market firms are looking forward to potential changes in economic policy under President Trump’s new administration and plan to increase capital spending this quarter as a result. According to the... Read Story
March 10, 2017, 07:00 AM

MarineMax, Inc. has expanded its financing facility to, among other things, provide for borrowings of up to $300 million from the previous limit of $260 million.The expanded facility has a three-year term, expiring in October 2019 and it has two, one... Read Story
June 15, 2016, 07:19 AM

Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced it is leading a $10.5 million add-on investment, along with United Insurance of America (“Kemper”), in EmpireCLS Worldwide... Read Story
April 29, 2015, 07:05 AM

Merkle, a leading technology-enabled, data-driven customer relationship marketing (CRM) firm and the nation’s largest privately held agency, announced that it has closed an amendment to provide capacity to upsize its credit facility to $325 million... Read Story
November 14, 2014, 07:24 AM

Bruderman Brothers, Inc. has structured and arranged a revolving credit facility and term loan for Global Energy Efficiency Holdings, Inc. ("GEE" or the "Company") with M&T Bank.  GEE is an energy management firm focused on the installment and... Read Story
January 22, 2014, 07:56 AM

PPL Corporation announced a new financing arrangement with 21 regional and local banks in eastern and central Pennsylvania to provide a $300 million revolving credit facility that will be used for general corporate purposes, including infrastructure... Read Story
November 13, 2013, 06:13 AM

TeleCommunication Systems, together with several of its domestic subsidiaries (collectively, the Borrowers), have closed on a new credit agreement dated June 25, 2013. Silicon Valley Bank  is the administrative agent, co-lead arranger and joint... Read Story
June 27, 2013, 07:53 AM