ING Capital Agents Oaktree Specialty Lending $600MM Revolver

Oaktree Specialty Lending entered into a new secured revolving credit facility with a $600 million capacity and a maturity date of November 2020.

Ciulla Named CEO at Webster Financial as Smith Steps Down

James C. Smith, chairman and CEO of Webster Financial is retiring after 40 years with the bank. John R. Ciulla, president, will become the company’s CEO and a member of the holding company’s board of directors.

TD Securities Agents Financing for Syntax Acquisition

Syntax Systems acquired Core Services to create a North American technology services firm offering cloud managed services. TD Securities served as administrative agent and joint bookrunner and joint lead arranger with National Bank of Canada for the senior secured credit facilities.

Webster Arranges $7MM Financing for New England Brewing Facility

Webster Bank closed on a $7.2 million portfolio financing deal for Isle Brewers Guild, a craft beer cooperative in Pawtucket, RI.

Webster Bank Names Three Commercial Banking SVPs

Webster Bank named Stephen Burke, Craig Kempton and Gilbert Torres senior vice presidents of commercial banking.

Webster Arranges $70MM Refi for Apple Health Care

Webster Bank and three other lenders closed on a $70 million portfolio refinancing for Apple Health Care, an operator of skilled nursing facilities based in Connecticut.

Webster Bank Promotes Drapalla to Regional President, Boston

Webster Bank promoted Debra Drapalla to Boston regional president. She succeeds Paul Mollica, who will be retiring, but will continue to serve as an ambassador for Webster.

Hanna Promoted to Lead Middle Market Banking at Webster

Samuel Hanna, SVP/director of Webster Capital Finance, was promoted to lead Middle Market Banking at Webster Bank. Richard Matte, SVP/WCF, will add operational responsibilities to his sales leadership duties.

Webster Promotes Motl to EVP, Commercial Banking

Webster Bank promoted Christopher Motl, executive vice president, Middle Market Banking to executive vice president, head of Commercial Banking.

Webster Closes Senior Financing for Bentley Laboratories

Webster Bank provided $18 million in senior credit facilities to Bentley Laboratories in support of Bentley’s recapitalization and acquisition growth strategy.