Citizens Archives - ABFJournal

Recovering and Evolving: Views on the Current Bank ABL Market

Higher rates, money tightening and interference from regulators following regional banking turmoil in 2023 have severely affected the banking industry. Bank leaders across the asset-based lending space sat down to discuss what it all means for the bank ABL sector

Citizens Leads $377.5MM Credit Facility for Arlington Capital Partners

Citizens led a $377.5 million senior credit facility for Arlington Capital Partners to support the acquisition of Merrill Technologies Group and the formation of Keel Holdings. Citizens served as lead left arranger, left lead bookrunner and administrative agent for the facility.

Citizens Business Conditions Index Rose in Q4/23, Indicating Optimism About US Economy

Citizens Business Conditions Index rose to 51.8 in Q4/23, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the U.S. economy exited 2023 with momentum.

January 31, 2024 Citizens | Eric Merlis Ian Koplin

Citizens M&A Outlook Finds Surging Enthusiasm for Dealmaking in 2024

Citizens’ 2024 M&A outlook report revealed optimism about the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers.

January 11, 2024 Citizens | Gavin Slader | Jason Wallace Ian Koplin

Citizens Expands Corporate Banking Team in New York and New Jersey

Citizens appointed Anthony Selvaggio New York City market executive and hired Robert Milas as Long Island market executive and Gino Di Saverio as northern and central New Jersey market executive for the bank’s corporate banking team.

July 28, 2023 Anthony Selvaggio | Citizens | Gino Di Saverio | Rebecca O’Connell | Robert Milas Phil Neuffer

H.I.G. Capital Completes Sale of Riveron to Kohlberg

H.I.G. Capital, a global alternative investment firm with $57 billion of capital under management, completed the sale of its portfolio company Riveron to affiliates of Kohlberg & Company. H.I.G. will continue its partnership with Riveron through a minority investment. The sale was first announced in June.

Kohlberg Acquires Riveron, HIG Continues Partnership

Riveron, a national business advisory firm focused on the office of the CFO, private equity and other capital providers, entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company. H.I.G. Capital will continue its partnership with Riveron through a minority investment.

Citizens Provides Asset-Backed Credit Facility to Belknap White Group

Citizens provided an asset-backed credit facility to the Belknap White Group to refinance existing debt, provide funds to acquire the assets of Swiff-Train Corporation and support future growth. The new facility consolidates two separate facilities provided by Citizens.

May 18, 2023 Belknap White Group | Citizens | Kevin Chamberlain | Paul Castagliuolo | Swiff-Train Corporation Ian Koplin

Citizens Leads $750MM Credit Facility for Hexcel Corp.

Citizens is serving as lead left arranger, lead bookrunner and administrative agent for a $750 million senior credit facility for Stamford, CT-based Hexcel Corporation.

May 2, 2023 Citizens | Hexcel Corporation | Jerry Sargent | Patrick Winterlich Ian Koplin

Citizens Business Conditions Index Bounces Back in Q1/23

Citizens announced its national Citizens Business Conditions Index (CBCI) rose to 53.9 in Q1/23, reflecting continued strength in the labor market, more new business openings and positive corporate revenue trends.

April 27, 2023 Citizens | Eric Merlis Ian Koplin

Tag Archives: Citizens