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.
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.
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 completed a $20 million asset-based revolving line of credit for a privately held aerospace manufacturer headquartered in Ontario.
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.
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.
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.
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.
InterNex Capital provided a $1.5 million facility to a Pennsylvania-based staffing company that provides consultants to Fortune 500 companies.
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.