First Citizens Bank’s healthcare finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties.
KKR closed KKR Global Impact Fund II, a $2.8 billion fund dedicated to investing in companies whose products and services contribute measurable progress toward the United Nations’ Sustainable Development Goals.
Click Therapeutics, a provider of digital therapeutics as prescription medical treatments, closed on a $20 million term loan from HSBC Innovation Banking, a division of HSBC Bank USA. The term loan was partially drawn at closing, with the proceeds used to retire Click’s previous term loan.
Jones Lang LaSalle (JLL) amended its bank credit facility, increasing borrowing capacity to $3.3 billion and extending the maturity from April 2025 to November 2028. BMO Capital Markets and BofA Securities were joint lead arrangers for this transaction.
Abacus Finance Group served as administrative agent and lead arranger for senior secured credit facilities to support the recapitalization of New York-based software development company Rokolabs by WestView Capital Partners.
Cybersecurity company IronNet filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware in October and entered into a binding term sheet with ITC Global Advisors for a $10M debtor-in-possession financing facility.
Stoneridge entered into a three-year, $275 million senior secured revolving credit facility with a group of six banks, led by PNC Capital Markets, BofA Securities and JPMorgan Chase as joint lead arrangers.
Flux Power Holdings, a developer of lithium-ion energy storage solutions for the electrification of commercial and industrial equipment, entered into a $2 million subordinated line of credit facility with Cleveland Capital, which includes a duration to Aug. 15, 2025.
Access Capital provided a multi-million-dollar credit facility to CRB Workforce, a California-based workforce solutions provider with established niches in the entertainment, online education, consumer apparel and travel sectors.
Greenbrook TMS, a provider of mental health therapy services, entered into the 18th amendment to its credit facility with affiliates of Madryn Asset Management. As part of the amendment, the Greenbrook secured an additional $2,045,685.28 in senior secured term loans.