Rosenthal Trade Capital, a division of Rosenthal & Rosenthal, completed a purchase order finance facility to support the financing requirements of an apparel company specializing in licensed and private-label sportswear.
Newmarket closed a new $850 million multicurrency credit facility with JPMorgan as administrative agent. The revolving credit facility is available until September 22, 2022.
Arch Coal completed an amendment to its credit agreement to reduce the interest rate on its senior secured term loan facility. Credit Suisse acted as sole lead arranger on the transaction.
CenterState Bank’s board of directors named Mark W. Thompson president.
J D Factors recently provided $425,000 in factoring facilities to five different companies.
CapitalPlus Equity provided a factoring facility for $300,000 to an electrical subcontractor in the Northeast.
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Aaron’s, a lease to own company, amended its credit facility with SunTrust Bank as administrative agent, increasing the revolving credit facility to $400 and adding a new $100 term loan.
William W. Budd, Jr. joined HomeTown Bankshares as executive vice president and the company’s second chief credit officer.
Bank of America served as administrative agent for a $15 million asset-based revolving subfacility for organic food company SunOpta.