The COVID-19 pandemic has created pessimism in the U.S. economy’s near-term performance, according to a survey from Phoenix Management. The survey revealed 100% of lenders expect an increase in bankruptcies and loan losses.
Lenders believe the coronavirus pandemic will be the leading economic driver in 2020, according to a survey from Phoenix Management.
Phoenix Capital Resources acted as the financial advisor and investment banker to Spray Products in arranging, structuring, and negotiating a $21.5 million loan package with Fifth Third Business Capital.
Phoenix Capital Resources acted as the exclusive financial advisor and investment banker to Action Ambulance in arranging, structuring, and negotiating a $6.4 million refinancing.
Phoenix Capital Resources served as the financial advisor and investment banker to Carroll Consultants in its merger with Cafaro Greenleaf.
Phoenix Capital Resources acted as the exclusive financial advisor and investment banker to Kalas Manufacturing in arranging, structuring and negotiating a $33.6 million loan package with Wells Fargo.
PNC Bank provided a new $54.6 million credit facility to Lane Enterprises. Phoenix Capital Resources acted as exclusive financial advisor and investment banker to Lane.
Phoenix Capital acted as exclusive advisor and investment banker to Polymerica Resources in arranging, structuring and negotiating a refinancing of $47 million through Ares Commercial Finance.
Phoenix Capital Resources acted as the exclusive investment banker to a leading undisclosed North American manufacturer / compounder of Nylon 6, 6/66 and 6/9, and specialty nylons, polycarbonate and polymer products.
Phoenix Capital Resources served as exclusive investment banker to Trans National Communications International and the unsecured creditors’ committee in connection with a Chapter 11 §363 sale.