Today’s News

  • Friday, August 28, 2015, 4:20 pm

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.

TAB Provides $5MM Credit Facility to California Trucking Company

TAB Bank provided a $5 million revolving credit facility for a trucking company based in California.

Veritas Provides $4MM to Recapitalize Lighting Manufacturer

Veritas Financial Partners closed a $4 million financing to support a private equity firm’s recapitalization of a manufacturer and installer of large format lighting systems.

Allied Closess $750K Factoring Facility to Frac Water Treatment Business

Allied Affiliated Funding closed a $750,000 invoice factoring facility to a recently formed business that provides frac water treatment services to the oil and gas industry.