News

Abacus Finance Group served as administrative agent and sole lender on senior secured credit facilities to support WILsquare Capital’s leveraged buyout of Quest Solutions.

Amerisource Business Capital closed and funded a $1 million revolving credit facility for a concrete wall manufacturing and installation company in upstate New York.

SunTrust Banks is offering identity protection for all current and new consumer clients at no cost following the suspected theft of 1.5 million customers' personal information by a former employee.

Wells Fargo’s Middle Market Banking opened a regional office in Worcester, MA, rounding out the bank’s New England expansion. Deborah Larsen was tapped to lead commercial lending in Central and Western Massachusetts.

Retail pricing and promotions expert Matthew Hamory joined AlixPartners’ growing retail practice as a managing director. He will work out of the Boston office._x000D_ _x000D_

Troubled trucking group Celadon will refinance its existing credit agreement, including a new $100 million revolving credit facility provided by Bank of America Business Capital and Wells Fargo Capital Finance.

Mining company First Mexican Gold entered into an arrangement with Isatis Capital Group of Montreal to secure a credit facility loan for up to $10 million.

Hogan Lovells hired bankruptcy lawyers Richard Wynne, Bennett Spiegel and Erin Brady as partners in the firm’s Business Restructuring and Insolvency practice in Los Angeles.

Atlantic Power repriced its $510 million senior secured term loan and $200 million senior secured revolving credit facility via a group of arranging banks led by Goldman Sachs Lending Partners.

Comfort Systems USA increased its credit facility from $325 million to $400 million and extended the term to April 18, 2023. Wells Fargo served as administrative agent on the transaction.