Author: Ian Koplin

CrossFirst Bankshares Acquires Canyon Bancorporation

CrossFirst Bankshares and Canyon Bancorporation entered into a definitive merger agreement as a stock and cash transaction. Canyon Bank had total loans of $122 million and total deposits of $169 million as of March 31, 2023 and currently operates one banking location in Tucson, AZ.

Twin Brook Serves as Administrative Agent on Pair of Debt Financing Transactions

Twin Brook served as administrative agent on debt financing to support Seven Hills Capital-backed Reliable Medical’s add-on acquisition of Capstone Medical Partners and on debt financing to support Blue Point Capital Partners’ recapitalization of Europa Eyewear.

Virgin Orbit Files Plan to Resolve Outstanding Claim and Interests

Virgin Orbit Holdings and its U.S. subsidiaries filed a plan, which provides for, among other things, resolution of outstanding claims and interests and a related disclosure statement in the U.S. Bankruptcy Court for the District of Delaware.

Mitsubishi HC Capital America’s Sustainable Development Group Dedicates Recourses to Clean Energy Solutions

Mitsubishi HC Capital America has dedicated additional resources aimed at helping clients meet their own clean energy goals through its integrated sustainable development group, which has team members based across the United States and Canada.