Finitive and Vervent Partner to Promote Collaboration in Fintech
Vervent entered a partnership with Finitive to further promote collaboration and inclusion within the fintech industry.
Vervent entered a partnership with Finitive to further promote collaboration and inclusion within the fintech industry.
Ropes & Gray appointed Matthew Czyzyk as a partner in its business restructuring group. Czyzyk has experience acting for debtors, banks and alternative capital providers.
Greenstone Resources and Osisko Gold Royalties extended the maturity date for the repayment of outstanding indebtedness of Highland Copper’s $4.5 million credit agreement to June 30.
Prestige Capital Finance closed $1.25 million in combined factoring arrangements for Nouri Life, a probiotics company; KiiTO, a plant-based nutrition company; and Cure Hydration, a sports hydration company.
Gibraltar Business Capital promoted Jeremy DeBoer to senior vice president and account executive team leader, Stan Scott to a senior vice president position and Sam Marder to assistant vice president.
Groupe Renault finalized a €5 billion ($5.6 billion) credit facility agreement with BNP Paribas, Crédit Agricole, HSBC France, Natixis and Société Générale. The agreement is guaranteed up to 90% of the total amount borrowed by the French State.
Capital Southwest supported Osceola Capital’s recapitalization of Central Medical Group with a senior secured first lien term loan, revolver and capex line, as well as a minority equity investment.
Orion Energy Partners, GCM Grosvenor and Voya Investment Management closed a $365 million strategic capital partnership with Bakersfield Renewable Fuels, a Global Clean Energy Holdings subsidiary. As part of the partnership, GCM Grosvenor will provide $85 million in debt financing to Bakersfield Renewable Fuels.
Vivint Solar closed two debt transactions totaling $545 million in incremental lender commitments, including a $245 million upsize to its revolving warehouse facility. According to an 8K, Bank of America is serving as administrative agent and collateral agent for the warehouse facility.
According to an 8K, PNC Bank will serve as administrative agent on a $75 million asset-backed revolving credit facility for Pioneer Energy Services in conjunction with the company’s emergence from Chapter 11 bankruptcy protection.