The Rohatyn Group, an emerging markets focused asset management firm, will provide senior secured debt financing to Kredit Plus, a provider of payroll and pension deduction loans in Colombia.
Crystal Financial completed an $80 million secured term loan for The Children’s Place, a pure-play children’s specialty apparel retailer in North America.
Gerald Group renewed its North American syndicated borrowing base credit facility, as its trading hub, GT Commodities, closed its $240 million facility with an oversubscription from an initial launch amount of $175 million. ING Capital was lead lender and administrative agent.
SG Credit Partners provided an enterprise SaaS platform with a non-dilutive $2.5 million term loan with structured amortization early in the term to free up cash flows and liquidity to fund growth initiatives.
Gateway Trade Funding funded a purchase order facility that gave True + Luscious, a clean beauty company, the financing it needed to accept and fill a large order.
Houlihan Lokey is serving as financial advisor and investment banker and AlixPartners is serving as restructuring advisor to UTEX Industries, which entered into a restructuring support agreement with the majority of its lenders and will commence reorganization under Chapter 11.
Hercules Capital and Silicon Valley Bank provided a loan facility of up to $75 million for Geron, supporting the company with access to non-dilutive financial resources to support its imetelstat development program.
HomeStreet Bank appointed David Parr executive vice president and director of commercial banking. In this role, Parr will be responsible for the commercial lending business across the bank’s presence in Washington, Oregon, California and Hawaii.
Citizens is the lead left arranger of a $125 million asset-based loan for Virginia Beach, VA-based Franchise Group. This transaction refinances an existing asset-based loan for two of Franchise Group’s businesses.
White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a senior credit facility to finance growth for National Partners in Healthcare.