CIT’s technology, media and telecommunications business served as sole lead arranger and administrative agent on up to $95 million in financing toward the relaunch of Hollywood film production company Castle Rock Entertainment.
Verano Holdings entered into an amendment to its existing credit agreement for additional funding of $120 million with an 18-month maturity. Chicago Atlantic Advisors is the lead administrative agent and collateral agent for the facility, with AFC Gamma also funding $50 million of the $120 million tranche.
VFP Pharmacy Group, a portfolio company of BelHealth Investment Partners, a healthcare private equity firm based in Fort Lauderdale, FL, secured $12 million in debt financing from ORIX USA’s growth capital team.
SMBC closed a $642 million green loan and acted as co-managing underwriter on $273 million of private activity bonds (green bonds) for the construction of the FM Area Diversion Project in the Fargo-Moorhead area in North Dakota and Minnesota.
BMO provided a $4 billion sustainability-linked revolving credit facility to Teck that includes terms that adjust the borrowing based on the mining company’s performance in reducing carbon emissions, improving health and safety and strengthening gender diversity in its workforce.
OppFi, a financial technology platform, amended its existing $75 million credit facility with Atalaya Capital Management to support the growth of the newly launched OppFi Card, issued by First Electronic Bank.
Stingray Group completed the increase and extension of its existing credit facilities, which now total $442.5 million. A syndicate of banks led by National Bank of Canada, Bank of Montreal and Fédération des Caisses Desjardins as co-lead arrangers is providing the credit facilities.
ePlus amended, restated and replaced in entirety its existing credit agreements with Wells Fargo Commercial Distribution Finance. The new facility consists of a senior secured floorplan facility of up to $375 million and a revolving credit facility of up to $100 million.
Encina Lender Finance provided an inaugural senior credit facility to Urban Us Capital, a venture capital platform providing both structured equity and debt investments to early-stage companies and startups focused on upgrading cities for climate change.