RBL Capital Closes $10MM Net Element Facility
Net Element announced it closed a $10 million credit facility from RBL Capital Group. This closing represents the second funding in the company’s previously announced $30 million financing round.
Net Element announced it closed a $10 million credit facility from RBL Capital Group. This closing represents the second funding in the company’s previously announced $30 million financing round.
Chemed announced it entered into a $450 million amended credit agreement. JPMorgan Chase Bank acted as the administrative agent and J.P. Morgan Securities and Merrill Lynch acted as joint lead arrangers.
BMO Harris Bank announced it was sole lead arranger, sole bookrunner and is administrative agent for $47 million in senior credit facilities to JDC Healthcare Management, a Black Canyon Capital portfolio company.
Newtek Business Services announced that it has entered into a $20 million credit agreement with Capital One, which consists of a $10 million term loan and a $10 million revolving credit facility.
Cole Taylor Business Capital announced it provided a $9 million senior credit facility to Halo Innovations. The facility was used to enable a recapitalization of the company and provide working capital.
Cerus announced it entered into a $30 million growth capital credit facility with Oxford Finance.
Main Street Capital amended its five-year credit facility to expand the total commitments from $445 million to $502.5 million. BB&T served as administrative agent for the lender group.
Foundation Healthcare announced completion of a $27.5 million term loan and $2.5 million revolver. Bank SNB was lead agent, with Texas Capital Bank acting as co-manager.
PennantPark announced it increased its revolver to $545 million. SunTrust Bank acted as administrative agent; SunTrust Robinson Humphrey and J.P. Morgan Securities acted as joint lead arrangers and joint bookrunners.
PNC Bank closed a $64 million asset-based loan for Fiberon. The transaction consisted of a $50 million asset-based revolver and a $14 million term loan.