Encina Taps Salyers & Whetstone as Co-Heads of Portfolio

Tracy Salyers and John Whetstone have joined Encina Business Credit as executive vice presidents, oo-heads of Portfolio responsible for leading all facets of account and relationship management.

March 10, 2020 Encinca Business Credit | John Whetstone | Tracey Salyers nadine

Monroe Supports Monomoy Acquisition of Shaw Development

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Shaw Development by private equity sponsor Monomoy Capital Partners.

March 10, 2020 Monomoy Capital Partners | Monroe Capital | Shaw Development nadine

Jacobs Joins A&M from IRS

Kevin M. Jacobs joined Alvarez & Marshal in Washington, D.C., as managing director and leader of the practice.

March 10, 2020 Alvarez & Marsal | Kevin Jacobs nadine

United Community Banks to Acquire Seaside National

United Community Banks will acquire Three Shores Bancorporation, including its wholly-owned subsidiary, Seaside National Bank & Trust.

March 10, 2020 Seaside National Bank and Trust | United Community Bank nadine

Torossian Joins OnDeck as SVP, Finance

OnDeck appointed Mark Torossian as senior vice president, Finance, a newly created role that will oversee the organization’s Accounting and Financial Planning & Analysis functions.

March 9, 2020 Mark Torossian | OnDeck nadine

WSJ: Oil Markets Plunge as Coronavirus Spreads

The Wall Street Journal reported the oil prices are in freefall and the markets are tumbling in the wake of the spread of the coronavirus.

March 9, 2020 Corona Virus | oil prices nadine

Ares Management Names Heltzer as Head of ESG

Adam Heltzer has joined Ares Management as managing director and head of Environmental, Social and Governance (ESG)

March 9, 2020 Adams Heltzer | Ares Management nadine

Wells Fargo Joins 36th Street $170MM Facility

36th Street Capital increased its expandable senior secured revolving credit facility to $170 million and extended the term to five years.

March 9, 2020 36st Street Capital | Capital One | wells fargo nadine

Equitable Bank Arranges $60MM Facility for BridgePoint Financial

Equitable Bank acted as the sole lead arranger of a $60 million senior secured credit facility to support the recapitalization and growth of BridgePoint Financial Services.

March 9, 2020 BridgePoint Financial | Equitable Bank nadine

RBC Upsizes Lite Access Facility to $1.7MM

Lite Access Technologies has closed an expanded credit facility with the Royal Bank of Canada, in cooperation with Export Development Canada (EDC).

March 9, 2020 Lite Access | Royal Bank of Canada nadine