Deloitte Corporate Finance Advises AirBorn in Recap

Deloitte Corporate Finance LLC acted as the exclusive financial advisor to AirBorn, Inc. in its recapitalization with LBC Credit Partners and Wells Fargo Capital Finance.

J.P. Morgan Agents Repricing of Tailored Brands $896MM Term Loan

Tailored Brands successfully repriced its $896 million senior secured term loan with J.P. Morgan as lead arranger and administrative agent.

WFCF Upsizes Gibraltar Business Capital Facility to $100MM

Gibraltar Business Capital increased its credit line with Wells Fargo Capital Finance from $75 million to $100 million, with an accordion that could increase the line up to $150 million.

Pietras Joins WFCF Government Services Group

Eric Pietras has been named senior vice president and business development officer for Wells Fargo Capital Finance’s Government Services Group.

Lending to Technology Companies: Collateral versus Cashflow?

As the U.S. changed from a manufacturing to a service-based economy, ABL lenders faced a growing array of challenges, including lending to software companies and coping with rapid hardware obsolescence. Hugh C. Larratt-Smith speaks with key lenders in this industry and learns how lending to technology has changed in the last 40 years.

WFCF Agents $185MM Facility for APPVION

Wells Fargo Capital Finance served as sole lender and administrative agent on an $80 million revolving credit facility and administrative agent on a $105 million term loan for APPVION.

WFCF Leads New $200MM ABL for Chico’s

Chico’s completed a $200 million asset-based lending facility led by Wells Fargo Capital Finance’s Retail Finance unit.

WFCF Upsizes Midcap ABL Revolver to $100MM

Wells Fargo Capital Finance increased Midcap Business Credit’s revolving ABL facility to $100 million.

WFCF Provides Facility to Rise Line Business Credit

Rise Line Business Credit completed a revolving leverage facility with Wells Fargo Capital Finance.

WFCF Upsizes Tree Island Facility to $80MM

Tree Island Steel renewed its five year senior secured revolving facility with Wells Fargo Capital Finance, increasing the facility to $80 million with a $60 million revolver and a $20 million term loan.