Ares Provides LoC to Stevens Aerospace and Defense Systems
Ares Commercial Finance provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems.
Ares Commercial Finance provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems.
Fintech company West Creek secured a $150 million credit facility from Pollen Street Capital, bringing the former’s total credit facility capacity to $250 million.
Golden Star Resources closed a $60 million senior secured credit facility with Macquarie Bank.
Austin Financial Services closed a $5 million ABL credit facility for a Midwest-based full-service courier company that provides parcel delivery throughout the country.
JPMorgan Chase Bank acted as administrative agent on $1.35 billion in credit facilities for sports network MSG Networks, which broadcasts the games of the New York Knicks, among others.
Wells Fargo reported its financial results for the third quarter of 2019. Net income for the quarter was $4.6 billion, compared with $6.0 billion in third quarter 2018.
JPMorgan Chase Bank acted as administrative agent on a $60 million upsize to Lawson Products’ credit facility, bringing the total borrowing capacity to $100 million.
Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support TEAM Services Group’s partnership with AmeriBest Home Care.
Mercantile Bank reported net income of $12.6 million for the third quarter of 2019, compared with net income of $10.1 million for the respective prior-year period.
Luna Innovations entered into a new $10 million revolving credit facility with Silicon Valley Bank.