Citizens announced that the national Citizens Business Conditions Index™ (CBCI) dropped to 52.9 in the second quarter of 2022, down from its eight-year peak of 59.5 at the end of the first quarter, but extending its streak to seven straight quarters...
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July 28, 2022, 08:00 AM
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Citizens announced that the quarterly national Citizens Business Conditions Index (CBCI) was a healthy 57.1, just slightly down from the second quarter’s 57.4. The third quarter’s reading reflects the continued strength in the recovery since COVID-19...
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October 29, 2021, 08:00 AM
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Citizens M&A Advisory served as the exclusive financial advisor to WorkN, a mobile on-demand staffing platform, on its acquisition by Avionté, a portfolio company of Serent Capital. This acquisition represents Citizens’ 17th Human Resources...
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September 27, 2021, 08:03 AM
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MaxLinear, a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits, entered into a new $350 million seven-year senior secured term B loan facility, the proceeds of which will be used to repay and terminate...
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June 24, 2021, 08:02 AM
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Global Medical REIT amended and restated its credit facility to, among other things, (i) increase the Company’s overall borrowing capacity by $150 million to $750 million, (ii) reduce its borrowing costs across its pricing grid, (iii) convert to an...
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May 06, 2021, 06:00 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Flip Electronics, LLC on its recapitalization by O2 Investment Partners, a Bloomfield Hills, Mich.-based lower middle market private equity firm. Flip Electronics is a Roswell...
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February 04, 2021, 08:00 AM
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Citizens provided a new asset-based revolving loan to Warminster, PA-based W. Atlee Burpee Company. Citizens is the sole lender.Founded in 1876, W. Atlee Burpee Company is engaged in the wholesale distribution, direct marketing and retail sale of...
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December 09, 2020, 07:00 AM
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Citizens Financial Group has appointed Donald Felix to drive the national expansion of its digital Consumer Banking capabilities.Felix will join Citizens in January as Head of National Banking, reporting to Eric Schuppenhauer, President of Consumer...
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October 30, 2020, 07:00 AM
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itizens and EVERFI today announced the introduction of a digital education program aimed at helping empower high school juniors and seniors to make wise financial decisions early when planning for post-secondary education. The new program leverages a...
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October 26, 2020, 09:00 AM
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ProSight Global, Inc. announced that it has closed a $65 million revolving credit facility. This announcement follows ProSight's June 16 announcement of a $165 million delayed draw term loan to refinance $165 million of existing indebtedness maturing...
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July 07, 2020, 08:00 AM
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Four Springs Capital Trust announced that it has secured a three-year revolving credit facility providing the company with a $75 million borrowing capacity with an additional $75 million expansion feature. A total of four lenders participated in the...
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October 30, 2018, 08:00 AM
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CARDONE Industries has announced a recapitalization of its current credit facilities with Citizens Bank and Brookfield Asset Management. The recapitalization will allow CARDONE to continue to expand its remanufacturing and innovation capabilities, as...
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October 24, 2018, 08:00 AM
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Citizens Bank has selected payments technology company Transactis to expand its Treasury Solutions offering with electronic billing and payment solutions. This new capability will enable Citizens’ commercial clients to distribute bills to their...
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October 13, 2017, 08:00 AM
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Female employees at U.S. Bank and Citizens Bank were honored with the distinction of being named among the "Most Powerful Women in Banking" in 2017 by the magazine American Banker.
Beth Johnson, Citizens Bank's chief marketing officer, joined Leslie...
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September 26, 2017, 07:00 AM
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Citizens Bank announced that Citizens Commercial Banking led a new credit facility for Apogee Telecom, a provider of data and video services to on-campus student housing communities serving over 430 colleges and universities located in 46 states....
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August 14, 2017, 09:00 AM
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Citizens Bank announced that it will partner with Bottomline Technologies to deploy a market-leading online and mobile banking platform for its Commercial and Business Banking clients.The new digital banking platform will provide clients with an...
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June 19, 2017, 07:00 AM
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Citizens Financial Group, Inc. named Keith Kelly as Citizens Bank Rhode Island President. Kelly has worked in Rhode Island for 21 years and lives in Barrington. He has led Citizens’ corporate banking team in Rhode Island for the past four years and...
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May 15, 2017, 08:00 AM
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GSE Systems, the world leader in real-time high-fidelity simulation systems and training solutions to the power and process industries, announced that it has entered into a new $5 million revolving line of credit, which replaces the Company’s...
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January 05, 2017, 07:18 AM
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UCI International, LLC announced it has completed its financial restructuring and has officially completed its Chapter 11 reorganization. The Company is now owned by its former creditors led by funds and accounts under the management of Blackrock...
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January 03, 2017, 07:29 AM
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Citizens Commercial Banking is providing a $90 million financing package that will allow MassDevelopment to fund the land acquisition and improvement of two buildings at the Boston property where GE will build its global headquarters. Citizens is the...
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December 15, 2016, 07:14 AM
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Citizens Bank has hired Brian K. Peters as regional executive and head of the Southeast. Peters is a 25-year banking industry veteran and former managing director at SunTrust.“The Southeast region represents an area where we have an attractive...
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December 13, 2016, 07:17 AM
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Citizens Bank announced its Community Development Lending Group is providing a $3 million loan that will enable the rehabilitation of affordable housing units in Fall River. NHP Foundation is sponsoring Ships Cove Preservation Partners, LP on the...
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October 18, 2016, 07:09 AM
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Calgon Carbon Corporation announced the closing of a new $400 million syndicated credit facility. At closing, the facility was initially used to refinance existing debt under the company’s previous credit facility through the issuance of a seven-year...
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October 05, 2016, 07:18 AM
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EMCOR Group announced that it had entered into a $1.3 billion credit agreement with a syndicate of banks led by Bank of Montreal, as Agent, and BMO Capital Markets Corp., Bank of America Merrill Lynch, JPMorgan Chase Bank, N.A., U.S. Bank National...
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August 04, 2016, 07:33 AM
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Hibernia Networks, a leading provider of global, high speed telecommunications solutions, announces that it has completed a $165 million senior secured credit facility with a new lender group. The refinancing will be used to pay down existing...
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June 02, 2016, 07:04 AM
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Citizens Bank has announced that it has provided $29 million in construction loans to Triangle Equities to help finance the Lighthouse Point development – a $200 million, mixed-use project on the St. George waterfront in Staten Island, New...
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February 24, 2016, 07:28 AM
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Citizens Bank acted as left lead arranger and administrative agent on a $74 million credit facility for Barteca Holdings. In conjunction with the financing, Barteca Holdings also received a minority investment from General Atlantic, a leading growth...
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January 06, 2016, 07:28 AM
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Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, announced that it successfully closed on a new, expanded $250 million senior unsecured...
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November 30, 2015, 07:27 AM
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Citizens Bank announced that Citizens Commercial Banking is providing $17.5 million in charter school financing to Boston Prep, a public charter school, for the construction and permanent financing of a new public charter school building at 885 River...
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November 25, 2015, 07:21 AM
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Citizens Bank provided a $22.7 million term loan to Linear Retail Properties. Linear Retail is a leading owner, developer and operator of retail properties throughout New England. The company focuses on acquiring well-located properties and improving...
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October 22, 2015, 08:04 AM
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Citizens Bank announced that it has led new financing to support an ownership buyout of Portsmouth, N.H.-based Madison Resource Funding, which provides payroll and back office services to clients in the staffing industry.The Citizens Commercial...
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August 11, 2015, 08:00 AM
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Citizens Bank has arranged financing for Buffalo, N.Y.-based Graphic Controls to acquire Bellows Falls-based Vermed, Inc. Graphic Controls is a leading supplier of consumable products for industrial, medical and gaming markets with manufacturing...
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March 11, 2015, 07:41 AM
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