News

Healthcare services organization Constellation Healthcare Technologies, along with certain of its subsidiaries, filed for Chapter 11. Bank of America committed $7.5 million in DIP financing to the company.

SunTrust Robinson Humphrey served as both administrative and collaterak agent on an amendment to PGT Innovations’ existing $224 million term loan facility.

Crestmark closed a total of $25.675 million in financial solutions for 16 new clients in the first half of March 2018.

Avidbank Specialty Finance provided $6.4 million in credit facilities to America’s Thrift Stores.

Bridge Bank and Assurance Mezzanine provided funding to support Bridger Capital Partners’ acquisition of Bluffdale, UT-based Old Mill Brick.

Utica Leaseco completed two transactions totaling $1.7 million during the week of March 12th, 2018.

Frankly drew down $1 million of the additional $1.5 million of credit available under their August 31, 2016 credit agreement with Raycom Media bringing the total outstanding loan balance under the credit agreement to $15.5 million.

Pinnacle Foods completed the refinancing of its senior secured credit facilities in a significantly oversubscribed transaction. Bank of America Merrill Lynch and Barclays Bank acted as lead arrangers on the transaction.

Amerisource Business Capital funded a $6 million credit facility for a fuel distribution and transportation company in Pennsylvania.

Alvarez & Marsal added Kaan Aslansan, Craig Schneider, Brad Arnold and Danny Faryniarz as managing directors its New York-based Corporate Transformation Services practice.