Sprott announced that Sprott Private Resource Lending Fund III (“Fund III”) has completed its final closing. With the close of Fund III, total assets under management of Sprott Resource Lending Corp (“SRLC”) stands at U.S.$1.5 billion within the...
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September 25, 2023, 07:45 AM
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Monroe Capital LLC announced an increase in the credit facility to Prototek Sheetmetal Fabrication (Prototek) to support the acquisition of Hayes Manufacturing Services, Inc. (Hayes). Prototek is an existing portfolio company of CORE Industrial...
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July 17, 2018, 07:03 AM
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Steel Dynamics, Inc. announced that it has amended and extended its senior secured revolving credit facility. The Company renewed its $1.2 billion credit facility and extended the maturity date an additional five years to June 28, 2023."We are...
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July 02, 2018, 07:00 AM
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A. M. Castle & Co., a global distributor of specialty metal and supply chain solutions, announced that it has closed an expansion of its existing credit facility to increase its borrowing capacity by $25 million.Specifically, Castle reached an...
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June 04, 2018, 07:11 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $11,575,000 senior credit facility to Wichita, Kansas-based 3P Processing, Inc. (3P). 3P is a full service provider of metal finishing, testing and...
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May 17, 2018, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $30,000,000 senior credit facility to Foley, Alabama-based Vulcan, Inc..
Vulcan was formed in 1966 and operates as one of the only completely vertically...
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February 21, 2018, 07:04 AM
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Ardagh Group S.A. announced that it has successfully closed on a committed five-year asset-based revolving credit facility of $850 million with a consortium of leading banks.The new facility, secured by trade receivables and inventories, replaces...
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December 08, 2017, 07:33 AM
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A.M. Castle & Co., a global distributor of specialty metal and supply chain solutions, announced that it has emerged from its voluntary chapter 11 proceedings before the United States Bankruptcy Court for the District of Delaware commenced on June 18...
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September 01, 2017, 07:50 AM
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B2Gold Corp. announced it has secured an upsized $500 million Revolving Credit Facility. All dollar figures are in United States dollars unless otherwise indicated.On July 7, 2017, the Company entered into an amended and restated credit agreement...
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July 19, 2017, 07:09 AM
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Hilco Industrial, LLC announced that Mark A. Smith has joined the firm, focusing on the metals, mining and adjacent sectors. Mr. Smith is based in Northbrook IL, reporting to Tom Greco and Steve Wolf, Co-CEOs of Hilco Industrial.Mr. Smith joins Hilco...
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July 12, 2017, 07:15 AM
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Bank of America Business Capital has provided $84 million in credit facilities to Scrap Metal Services, LLC (SMS). Facilities include a $60 million asset based revolving credit facility, a $24.4 million term loan and a $4 million capital expenditure...
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June 22, 2017, 07:12 AM
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PNC Bank, N.A. announced that it has closed a $37 million senior secured credit facility for Derby Fabricating Solutions, a portfolio company of Prophet Equity Management, LLC. PNC Capital Markets LLC led the syndication as sole lead arranger, with...
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May 25, 2017, 07:25 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,257,000 senior credit facility to Valley City, Ohio-based Boehm Pressed Steel Company. Founded in 1918, Boehm is a manufacturer of custom metal...
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May 03, 2017, 07:10 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $23,168,000 senior credit facility to Tacoma, Washington-based Aero Precision, LLC and its majority owned subsidiaries; Apopka, Florida-based Ballistic...
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April 06, 2017, 07:16 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $15,500,000 senior credit facility to Texarkana, Arkansas based Tri-State Iron & Metal Co., Inc.
Tri-State is a third generation, family run business...
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March 29, 2017, 07:22 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,522,000 senior credit facility to Salem, Oregon-based Taylor Metal, Inc.
Founded in 1985, Taylor Metal is a manufacturer and distributor of metal...
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March 16, 2017, 07:48 AM
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Siena Lending Group LLC announced the completion of a three-year $30 million asset-based revolving credit facility for New Day Aluminum LLC to repay certain indebtedness and to provide working capital for its Gramercy, LA subsidiary, Noranda Alumina....
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February 28, 2017, 06:00 AM
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Bibby Financial Services (BFS) announced a combined $2.3 million line of financing to a Chicago-based metal products manufacturer. The company supplies aluminum products for a variety of industries including the automotive, lighting, medical...
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January 18, 2017, 07:25 AM
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Analysts with GA Advisory and Valuation Services, LLC, a division of Great American Group, Inc., report that pricing has increased for a number of non-ferrous metals in recent months amid tight physical supplies, despite lackluster demand in certain...
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September 24, 2014, 07:33 AM
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