Today’s News

Last Updated: Wednesday, March 4, 2015, 4:29 pm

BBVA Compass Provides $20MM ABL for AMK9

BBVA Compass’ ABL group provided a $20 million senior credit facility to American K-9 Detection Services.

Monroe Capital Named Senior Lender of the Year

Monroe Capital is the recipient of the 2014 Senior Lender of the Year in the Americas Award by the Private Debt Investor.

BofA Leads Cal Dive DIP Financing

Cal Dive and U.S. subsidiaries filed voluntary petitions in the U.S. Bankruptcy Court for the District of Delaware seeking relief under Chapter 11. The company has received a commitment for up to $120 million in DIP financing from its first lien lenders led by Bank of America.

SunTrust Aligns TMT Investment Banking Group

SunTrust Robinson Humphrey aligned its Technology, Media & Telecom Investment Banking Industry Practice Group.

Oil Drop Seen to Spur $450 Billion M&A Spree

Oil and gas companies will reportedly spend about $450 billion buying each other this year as lower valuations caused by a drop in crude prices stimulate mergers and acquisitions, according to consultants A.T. Kearney.

PrivateBank Provides Virginia Explosives Facility

The PrivateBank extended an $18.5 million facility to Virginia Explosives & Drilling Company.

Super G Hires Opens LA Office, Hires Veteran

Super G Funding opened a Los Angeles office and added Charlie Perer to head its national direct lending business as a director.

ExpoCredit Hires Business Development Director

ExpoCredit appointed Joshua H. Chefec to drive new business development for the Northeast region.

First Financial Provides Metal Finisher Facility

First Financial Business Capital completed a $2.8 million structured cash-flow credit facility for a metal finishing company in Dayton, Ohio.

Bank Leumi Adds Coward to Middle Market Lending Team

Andrew W. Coward joined Bank Leumi USA as vice president and relationship manager in Middle Market Lending. Coward formerly served at Popular Community Bank and Banco Popular North America.