http://www.abfjournal.com ABF Journal 30 Fri, 3 Feb 2012 10:56:31 -0500 The Senior Secured Loan Program announced the closing of a $130 million senior secured term loan to support the acquisition of PetroChoice by Greenbriar Equity Group. GE Capital Markets and Ares Capital served as joint arrangers and joint bookrunners in the senior secured term loan provided by the SSLP. http://www.abfjournal.com/story.asp?id=36080 Fri, 3 Feb 2012 10:41:52 -0500 TAB Bank announced the addition of Steven M. Shaughnessy to the Business Development team as vice president and business development officer based in Seattle, WA and serving the Northwest U.S. and western Canada. http://www.abfjournal.com/story.asp?id=36077 Thu, 2 Feb 2012 17:8:20 -0500 Gerber Finance announced the funding of a $500,000 facility to Rare Woods USA for the purchase of inventory and for working capital purposes. http://www.abfjournal.com/story.asp?id=36081 Fri, 3 Feb 2012 10:42:11 -0500 Union Bank said it plans to continue expanding its Business Banking group in 2012 with a focus on lending. The bank noted following a year of almost doubling Y/Y loan volume, it has aggressive plans to double volume again in 2012. http://www.abfjournal.com/story.asp?id=36082 Fri, 3 Feb 2012 10:42:27 -0500 Oxford Finance said it closed a $1 million revolving line of credit with Cold Spring Holdings. Proceeds from the loan are being used for working capital to support Cold Spring's skilled nursing facilities in Texas. http://www.abfjournal.com/story.asp?id=36079 Thu, 2 Feb 2012 17:10:27 -0500 Economic activity in the manufacturing sector expanded in January for the 30th consecutive month, and the overall economy grew for the 32nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. http://www.abfjournal.com/story.asp?id=36083 Fri, 3 Feb 2012 10:44:7 -0500 CIT announced the pricing of a private placement of $3.25 billion aggregate principal amount of Series C Second-Priority Secured Notes, consisting of $1.5 billion principal amount due 2015 and $1.75 billion principal amount due 2019. http://www.abfjournal.com/story.asp?id=36084 Fri, 3 Feb 2012 10:44:35 -0500 United Retail Group has received interim approval from U.S. Bankruptcy Judge Stuart Bernstein in the U.S. Bankruptcy Court in the Southern District of New York to borrow its $25 million in debtor-in-possession financing. http://www.abfjournal.com/story.asp?id=36085 Fri, 3 Feb 2012 10:44:59 -0500 Insight Equity Holdings announced three promotions and one new addition. Eliot Kerlin was promoted to partner, Warren Bonham joined the team as a partner, Jack Waterstreet was promoted to senior vice president, and Kevin Slaton was promoted to chief financial officer and chief compliance officer. http://www.abfjournal.com/story.asp?id=36078 Thu, 2 Feb 2012 17:10:6 -0500 THL Credit announced that it participated in the financing of Express Courier International's acquisition of EagleOne. THL Credit and its managed fund, THL Credit Greenway Fund, provided senior subordinated debt capital as part of the acquisition. http://www.abfjournal.com/story.asp?id=36086 Fri, 3 Feb 2012 10:45:23 -0500 TD Bank said it named Eric J. Johnson as vice president, business development officer in the SBA Division in Burlington, VT. Prior to joining TD Bank, he served as a commercial lender at Berkshire. http://www.abfjournal.com/story.asp?id=36087 Fri, 3 Feb 2012 10:45:59 -0500 General Maritime has filed a Plan of Reorganization and a Disclosure Statement with the U.S. Bankruptcy Court for the Southern District of New York. The company intends to seek confirmation of the plan by April 2012. http://www.abfjournal.com/story.asp?id=36088 Fri, 3 Feb 2012 10:46:52 -0500 Advanced Photonix has established a new credit facility with Silicon Valley Bank. The new credit facility is initially comprised of a three-year term note of $1 million, and a two-year $5 million revolving line of credit. http://www.abfjournal.com/story.asp?id=36089 Fri, 3 Feb 2012 10:47:27 -0500 CT Lien Solutions has launched the Recurring Search System. The system will help factors and other asset-based lenders (ABLs) mitigate risk through routine recurring due diligence. http://www.abfjournal.com/story.asp?id=36090 Fri, 3 Feb 2012 10:47:40 -0500