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Week's News

Danimer Scientific, a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced that on April 19, 2024, it entered into an asset-based revolving credit and security agreement with... Read Story

Filed Under: Plastics
April 23, 2024 @ 08:00 AM

B. Riley Farber, a wholly owned subsidiary of B. Riley Financial announced the addition of Ryan Adlington as Senior Managing Director, based in Calgary, Alberta.Adlington is an experienced restructuring and turnaround expert with more than 20 years... Read Story

April 23, 2024 @ 07:54 AM

eCapital announced Edward Irvin as the newest member of its business development team. Irvin's appointment strengthens the Company's presence in the Southwest and West Coast regions, enhancing its ability to serve clients. Assuming the role of SVP... Read Story

April 23, 2024 @ 07:51 AM

The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Limited, a deal that seeks to combine three close competitors – Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand. If allowed... Read Story

Filed Under: Industry News
April 23, 2024 @ 07:45 AM

Deerpath Capital Management closed Deerpath CLO 2024-1, a $452.61 million collateralized loan obligation (CLO). This marks Deerpath's first new issuance CLO in 2024. Including a CLO reset and upsize in July 2023 and CLO 2023-2, this transaction... Read Story

Filed Under: Industry News
April 23, 2024 @ 07:40 AM

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the growth of Bishop Lifting Products, Inc. (“Bishop Lifting”), an existing portfolio company of Altamont Capital... Read Story

Filed Under: Distribution
April 23, 2024 @ 07:30 AM

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, is launching a new division and introducing additional financing solutions customized for Canada’s... Read Story

Filed Under: Industry News
April 23, 2024 @ 07:20 AM

Corporate treasury departments are going paperless, and sooner than you might think, according to a new survey of more than 200 treasury executives conducted by Citizens. In fact, 94 percent of respondents who use checks today expect their company to... Read Story

Filed Under: Banking News
April 23, 2024 @ 07:15 AM

EBSC Lending provided $26.2 million in financing for a 41-unit affordable seniors housing complex located in Michigan. The borrower, nonprofit owner-operator will use the proceeds to refinance existing debt and fund capital improvements and preserve... Read Story

Filed Under: Real Estate
April 23, 2024 @ 07:03 AM

Advantage Business Capital / Far West Capital announced a clarification of corporate identities. Moving forward, all Austin, TX employees will operate under the Advantage Business Capital name. Operations in El Paso, TX, solely focused on the... Read Story

Filed Under: Industry News
April 23, 2024 @ 06:00 AM