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News Stories (29 Results) - Webster Bank

Griffin Industrial Realty, Inc. announced that it entered into a new $15.0 million line of credit with Webster Bank, N.A. to provide financing for real estate acquisitions. The Acquisition Credit Line is unsecured, expires on September 30, 2021, and... Read Story
September 25, 2019, 08:45 AM


Webster Bank's Sponsor & Specialty Group acted as the lead arranger and sole bookrunner on $210 million in senior secured credit facilities enabling AMP Capital to purchase a majority ownership stake in Everstream Solutions, a U.S. network service... Read Story
October 01, 2018, 08:16 AM


Webster Bank announced that Philip Falivene has joined the company as senior vice president, senior relationship manager. Falivene is based in the company’s metro New York City commercial lending division, where he assumes responsibility for... Read Story
September 07, 2018, 08:00 AM


ZenFi Networks and Cross River Fiber announced the signing of a definitive merger agreement, which upon closing will create the leading communications infrastructure provider in the New York and New Jersey metro areas with more than 700 route miles... Read Story
April 25, 2018, 07:00 AM


Webster Financial Corporation, the holding company for Webster Bank, N.A. and its HSA Bank division, announced that James C. Smith, Chairman and Chief Executive Officer (CEO), following a distinguished career with Webster spanning more than four... Read Story
September 19, 2017, 07:50 AM


Webster Financial Corporation, parent of Webster Bank, announced that Executive Vice Chairman Joseph J. Savage will retire effective June 30 following a distinguished 40-year career in banking, culminating in 15 years of outstanding service to... Read Story
May 05, 2017, 07:08 AM


Webster Bank has closed on a $7.2 million portfolio financing deal for Isle Brewers Guild, LLC, a craft beer cooperative in Pawtucket, Rhode Island, co-founded by Devin Kelly and Jeremy Duffy.  The Guild is designed to deliver additional capacity... Read Story
April 10, 2017, 07:08 AM


Webster Bank named three bankers to the position of senior vice president, commercial banking:Stephen Burke has joined Webster, bringing with him more than 10 years of banking experience. Most recently, he worked for Antares Capital and GE Capital.... Read Story
March 02, 2017, 07:45 AM


Webster Bank and three other banks have closed on a $70 million portfolio refinancing for Apple Health Care, Inc., a regional skilled nursing operator based in Connecticut.The portfolio consisted of 16 facilities with 1,336 beds in Connecticut and... Read Story
February 08, 2017, 07:03 AM


Webster Bank announced that Debra Drapalla, senior vice president, senior relationship manager, Commercial Banking, has been promoted to Boston regional president. She succeeds Paul Mollica, who will be retiring, but who will continue to serve as an... Read Story
January 13, 2017, 07:57 AM


Webster Bank announced today that Samuel Hanna, senior vice president, director, Webster Capital Finance, has been promoted and will now lead Middle Market Banking at Webster Bank. He succeeds Christopher Motl, who was promoted to executive vice... Read Story
January 06, 2017, 07:50 AM


Webster Bank announced that Christopher Motl, executive vice president, Middle Market Banking has been promoted to executive vice president, head of Commercial Banking.  In his new role, Motl will lead all Commercial Banking business units:  Sponsor... Read Story
January 05, 2017, 07:45 AM


Webster Bank recently announced that it has provided $18 million in senior credit facilities to Edison, New Jersey based Bentley Laboratories, LLC, an industry leader in the formulation and outsource manufacturing of products for the beauty and... Read Story
December 01, 2016, 08:01 AM


Webster Bank announced it has provided $20 million in senior credit facilities to Medical Arts Sanitarium, Inc., dba Cornerstone Treatment Facilities Network (CTFN), a leading provider of substance use disorder treatment services, in support of... Read Story
November 17, 2016, 07:17 AM


Webster Bank provided a $110 million debt financing loan to Ensono, a hybrid IT services provider that works with its clients to deliver progressive solutions to help them operate their IT infrastructure.  The loan will be used to finance the... Read Story
October 27, 2016, 07:31 AM


Cambridge Trust Company announced the appointments of Chris O’Connor, Senior Vice President and Peter Coates, Vice President to lead their new Asset Based Lending (ABL) practice.“The Bank made the strategic decision to add asset based lending... Read Story
September 13, 2016, 07:44 AM


Cambium Learning Group, a leading educational solutions and services company committed to helping all students reach their full potential, announced the completion of a new $135.0 million credit facility by its wholly owned subsidiary Cambium... Read Story
December 11, 2015, 07:50 AM


Webster Financial Corporation, the holding company for Webster Bank, announced that its board of directors promoted John R. Ciulla to president of the bank and the bank holding company and appointed him to the bank's board of directors. In addition... Read Story
October 29, 2015, 07:28 AM


First Niagara Financial Group, Inc. named Jeff L. Hubbard to serve as New England Regional President, leading the company's New Haven-based team of bankers across Connecticut and Massachusetts.Hubbard joins First Niagara from TD Bank, N.A., where he... Read Story
June 19, 2015, 07:28 AM


Berkshire Hills Bancorp, Inc. has appointed Peter Samson to Senior Vice President, Commercial Leader for Berkshire's Connecticut Region.    Samson joins Berkshire from People's United Bank where he served as Senior Vice President and Regional Manager... Read Story
April 09, 2015, 07:21 AM


Rosenthal & Rosenthal, Inc., the largest privately held domestic factoring and financing firm, announced the hiring of Robert A. Miller as Executive Vice President and Head of Asset Based Lending. Miller will be responsible for Rosenthal’s Asset... Read Story
March 24, 2015, 07:41 AM


Webster Bank announced that Christopher Motl has been named executive vice president, middle-market banking.  He oversees all middle market commercial banking activities, including middle-market lending, deposit gathering, and fee generation."This... Read Story
January 22, 2015, 07:48 AM


Webster Business Credit provided The 100 Mile Fund SWA, LLC with a $10MM revolving line of credit.  The company was formed to provide real estate financing within a 100 mile radius from its headquarters in Englewood Cliffs, NJ.  The facility will be... Read Story
January 12, 2015, 07:11 AM


Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow financing for private equity-sponsored, lower-middle market companies, announced it served as joint lead arranger with Webster Bank for $29.5 million in senior... Read Story
December 23, 2014, 07:56 AM


North Mill Capital, LLC (North Mill), a leading ABL lender and factor for small businesses, announced it has secured a new, three-year, $90 million credit facility led by  Wells Fargo Capital Finance, part of Wells Fargo & Company, BMO Harris Bank... Read Story
January 28, 2014, 09:00 AM


Webster Financial Corporation announced that Charles "Chad" Wilkins has been named executive vice president of Webster and Webster Bank, and head of HSA Bank effective Jan.3.  HSA Bank, a division of Webster Bank, is a leading provider of... Read Story
January 02, 2014, 07:09 AM


ExteNet Systems, Inc. announced a new $210 million senior credit facility arranged by SunTrust Robinson Humphrey, Inc. and CIT Finance LLC.Under the new facility, ExteNet has secured $210 million in borrowing capacity, consisting of a $140 million... Read Story
October 30, 2013, 08:04 AM


GTT announced that it has completed an expanded syndication of its senior credit facilities. GTT increased its revolving line-of-credit to $7.5 million from $5 million and the total amount of this financing to $72.5 million, increasing capital... Read Story
October 10, 2013, 08:02 AM


Southern Theatres announced that it has acquired Movie Tavern, a cinema eatery chain with 16 locations and 130 screens across seven states. The combined company is now among the ten largest exhibitors in the United States, and has 36 locations and... Read Story
September 13, 2013, 07:36 AM