Today’s News

  • Monday, August 31, 2015, 4:43 pm

TCF Capital Funding Promotes Trojanowski and Expands Team

TCF Capital Funding promoted Michael Trojanowski to officer, and also hired Tasha Gibson, Bob Joyce, Nick O’Brien and David Torres.

Morgan Stanley Completes $735MM Ancestry.com Credit Facilities Refi

Ancestry.com entered into new credit facilities with Morgan Stanley Senior Funding as administrative agent, consisting of a $735 million term loan facility and an $80 million revolving credit facility.

CapitalPlus Provides Factoring Facility to Drywall Subcontractor

CapitalPlus Equity provided a revolving factoring facility for $100,000 to a drywall subcontractor in Nevada.

Huntington Bank Names Langenderfer to Healthcare Banking Group

Huntington Bank appointed financial services veteran John Langenderfer director of healthcare sales and origination.

RBC Capital Markets Provides $175MM to Support US LBM Acquisition

RBC Capital Markets acted as administrative agent and left lead arranger on a $175 million asset-based lending revolving financing to support Kelso & Company’s August 20th Acquisition of US LBM Holdings.

First National Bank Promotes Donatelli to Lead Pittsburgh Region

First National Bank, the largest subsidiary of F.N.B. Corporation announced the promotion of Ronald Donatelli to Pittsburgh regional president.

Hilco Gordon Brothers To Sell Assets of Butch’s Trucking

Hilco Industrial and Gordon Brothers Group will run a private treaty sale process to sell an extensive fleet of trucking and heavy haul equipment from Butch’s Trucking.

Opus Bank Receives “Green Light” Letter to Apply for SBIC License

Opus Bank announced the Small Business Administration has issued a “Green Light” letter inviting Opus to continue its application process to obtain a license to form and operate a Small Business Investment Company.

CIBC Closes $35MM Danier Leather ABL Facility

Danier Leather has amended its existing facilities with Canadian Imperial Bank of Commerce, converting the facilities into a senior secured asset-based revolving credit facility.

ABN AMRO, Société Générale Lead ECOM Agro $450MM Revolver Syndication

ECOM Agroindustrial (ECOM) announced the launch of a $450 million syndicated revolving credit facility. ABN AMRO Bank and Société Générale will act as active bookrunning mandated lead arrangers.