Ian Koplin, Author at ABFJournal

CIBC Expands Revolving Credit Facility with Capstone Copper to $700MM, Extends Maturity to 2027

Capstone Copper amended its existing revolving credit facility to increase the aggregate commitments from $600 million to $700 million and extend the maturity from May 2026 to September 2027.

September 26, 2023 Bank of Nova Scotia | Capstone Copper | CIBC | ING Bank | Raman Randhawa Ian Koplin

Marathon Asset Management and Theratechnologies Amend Loan Facility

Theratechnologies reached an agreement in principle to amend some of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time, with certain funds and accounts for which Marathon Asset Management, acts as investment manager.

September 26, 2023 Marathon Asset Management | Theratechnologies Ian Koplin

WSFS Bank Hires New Chief Auditor, General Counsel and Deputy CCO

WSFS Bank hired Alyson Beasley Bradley as senior vice president and chief auditor, Jeffrey Goodman as senior vice president and general counsel, and Frank McGrane as senior vice president and deputy chief credit officer.

Siena Lending Group Closes $20MM Credit Facility with Aerospace Manufacturer

Siena Lending Group completed a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer headquartered in Ontario.

September 26, 2023 Siena Lending Group Ian Koplin

Piper Sandler Appoints Avey and Gerber Co-Heads of Public Finance

Piper Sandler named Dustin Avey and Jeremy Gerber co-heads of public finance. Avey and Gerber will report to Deb Schoneman, president of Piper Sandler. Frank Fairman, the firm’s current head of public finance, will remain with the firm in an advisory capacity into 2024.

September 26, 2023 Deb Schoneman | Dustin Avey | Frank Fairman | Jeremy Gerber | Piper Sandler Ian Koplin

Oxford Commercial Finance Provides $5MM Line of Credit to Healthcare Tech Company

Oxford Commercial Finance provided a $5 million asset-based line of credit to a New Jersey-based healthcare technology company that specializes in telehealth and virtual care platforms.

September 26, 2023 Oxford Commercial Finance Ian Koplin

Schulte Roth & Zabel Adds Didiuk as Partner in Investment Management Regulatory & Compliance Group

Schulte Roth & Zabel added Michael Didiuk as a partner in the investment management regulatory and compliance group. Didiuk has more than 20 years of experience as an investment management regulatory lawyer, both at law firms and the SEC.

September 26, 2023 Kelly Koscuiszka | Marc Elovitz | Michael Didiuk | Schulte Roth & Zabel Ian Koplin

Huntington Business Credit Provides $20MM Credit Facility to Stratus Surfaces

Huntington Business Credit closed a $20 million credit facility with Stratus Surfaces, which used proceeds from the facility to support a minority investment by Stonehenge Partners, a dividend recapitalization and to provide ongoing working capital financing.

September 26, 2023 Huntington Business Credit | Stratus Surfaces Ian Koplin

InterNex Capital Provides $1.5 Million Facility to Staffing Company

InterNex Capital provided a $1.5 million facility to a Pennsylvania-based staffing company that provides consultants to Fortune 500 companies.

September 26, 2023 InterNex Capital Ian Koplin

TAB Bank Partners with Biz2X

Biz2X, a subsidiary of financial technology company Biz2Credit, entered into a new partnership with TAB Bank, an Ogden, UT-based digital bank that has provided financial solutions to middle-market commercial customers since 1998.

Author: Ian Koplin