Today’s News

    White Oak Appoints Mozaffarian, Hackett Co-Presidents

    White Oak Global Advisors appointed Darius Mozaffarian and David Hackett as co-presidents.

    Citibank Names Lehrer SVP for Asset Based Finance

    Joseph Lehrer was named senior vice president for Citibank’s Asset Based Finance group.

    SunTrust, Leumi, Others Lead $130MM Financing for BlueVine

    BlueVine closed up to $130 million in new debt financing to enable the online invoice factoring lender to rollout new products.

    HSBC Agents New $450MM Revolver for TerraForm Power

    TerraForm Power, a renewable energy company based in Maryland, closed a $450 million revolving credit facility with HSBC USA as administrative agent.

    JPMorgan Agents $250MM Goodrich Petroleum Facility

    Goodrich Petroleum entered into a $250 million senior secured revolving credit agreement with JPMorgan Chase as administrative agent.

    Crestmark Closes 24 Transactions Totaling $43.4MM in H1/Oct

    Crestmark secured a total of $43.4 million in financial solutions for 23 new clients in the first half of October.

    Leumi Names Pinto Chief Information Security Officer

    Ely Pinto joined Leumi as chief information security officer.

    Scotiabank Supports Source Energy Preferred Sands Asset Buy

    Source Energy Services entered into an agreement to purchase certain assets of Preferred Sands. To complete the acquisition, the company expanded its credit facility to $70 million and added the Bank of Nova Scotia to its lender group.

    Express Trade to Provide E-Commerce, Inventory Fulfillment Financing

    Express Trade Capital added e-commerce and inventory fulfillment financing programs to its services.

    Seacoast Hires Arredondo as VP/Chief Banking Officer

    Seacoast Commerce Bank hired former Wells Fargo executive Ernesto M. Arredondo, Jr. as executive vice president and chief banking officer.