News

Pacific Mercantile Bank extended $4.7 million in financing to Superior Pavement Markings. The financing consists of an equipment loan, a revolving line of credit and an owner-occupied commercial real estate loan.

Cypress Semiconductor amended its credit agreement with a group of lenders led by Morgan Stanley Senior Funding, as administrative agent and collateral agent, and Morgan Stanley Bank as issuing bank.

SSG Capital Advisors acted as the investment banker to New England Orthotic & Prosthetic Systems in the sale of all of its outstanding senior debt and advised the company on its Chapter 11 plan of reorganization.

A consortium of Buenavista Renewables and Micronesia Renewable Energy signed a $4.2 million loan agreement with Bank of Guam for the construction of the Latte Stone Solar 1 portfolio of distributed generation PV solar facilities

Toys "R" Us filed a motion seeking bankruptcy court approval to begin the process of conducting an orderly wind-down of its U.S. business and liquidation of inventory in all 735 of the company’s U.S. stores.

Medallion Financial, through a special purpose subsidiary, renewed its credit facility agreement. DZ Bank acted as agent for the lender, Autobahn Funding, on the transaction.

Stein Mart completed the closing of a term loan with Gordon Brothers Finance in the amount of $50 million. In connection with the loan, Stein Mart also amended its existing second amended and restated credit agreement, with Wells Fargo serving...

Crestmark is expanding its funding capabilities to provide several options to the growing solar energy market.

Bloomberg reported that Remington plans to postpone its bankruptcy filing by a week to March 14, as Bank of America terminated its role as administrative agent for the company’s term loan lenders.

Cedar Fair Entertainment amended the borrowing rate of its $735 million term loan B credit facility. JPMorgan Chase Bank served as both administrative and collateral agent on the transaction.