SoftBank Extends Maturity Date on WeWork’s $1.25B Credit Facility
SoftBank Group extended the maturity date of WeWork’s existing letter of credit facility from Feb. 10, 2023, to Feb. 9,...
Forward for Specialty Finance
SEC Declares Registration Statement for MCAP-AdTheorent Combination Effective
The U.S. Securities and Exchange Commission declared the registration statement on the Form S-4 filed in connection with AdTheorent Holding...
Finance and Insurance Recovering from COVID-19 Effects Faster Than Other Industries
According to a new study from Biz2Credit, businesses in the financial services and insurance industries have recovered the fastest from...
JPMorgan Chase Provides $250MM Credit Facility to Huttig Building Products
Huttig Building Products entered into a new $250 million senior credit facility. JPMorgan Chase is the administrative agent, joint bookrunner...
First Citizens and CIT Extend Merger Agreement
First Citizens BancShares, the parent company of First-Citizens Bank & Trust, and CIT Group, the parent company of CIT Bank,...
BofA and Wells Fargo Provide $80MM Revolver to Helix Energy Solutions Group
Helix Energy Solutions Group entered into a new $80 million asset-based revolving credit facility with a syndicated banking group. Bank...
BMO Amends and Extends Revolving Credit Facility for Centerspace
Centerspace amended its existing $250 million revolving credit facility. The new facility includes an accordion feature for up to $400 million and matures in September...
Citizens Financial Group Names Lindstrom Head of Business Banking
Sarah Lindstrom will become head of business banking for Citizens Financial Group on Oct. 4. Lindstrom joined Citizens in 2017...
CIBC and Axos Join Lender Group for America’s Car-Mart’s Amended Facilities
America’s Car-Mart extended the term of its revolving credit facilities to Sept. 29, 2024, and increased the total permitted borrowings...
Espresso Capital Delivers $10MM Venture Debt Facility to UPshow
UPshow, an in-venue entertainment and marketing platform that develops interactive digital TV networks, closed a $10 million venture debt facility led by...
