News

Lighthouse Financial completed a $4.5 million revolving line of credit to a Southeastern based manufacturer of specialty textiles.

Reuters reported that Natixis is the latest bank looking to sell its approximately $110 million equivalent loans in troubled South African retailer, Steinhoff, parent company of U.S.-based Mattress Firm.

Ankura appointed Robert J. Frezza senior managing director. A recognized restructuring advisor with more than 33 years of experience, Frezza will be based out of New York.

Austin Financial Services closed a $2 million senior secured ABL facility for a West Coast-based food processing company that provides pasta, grain and rice-based ingredients for manufacturers in the U.S. and Canada.

North Mill Capital provided a $2 million asset-based credit facility to Sewell, NJ-based International Rollforms.

SSG Capital Advisors acted as the investment banker to BillNat in the sale of substantially all of its assets to an affiliate of CVS Health.

NXT provided a senior secured credit facility to support Sunny Sky Products' acquisition of DWS. Sunny Sky Products is a portfolio company of Seidler Equity Partners. _x000D_ _x000D_ _x000D_

An affiliate of Cerberus Capital Management will acquire Cyanco Holding from funds managed by Oaktree Capital Management._x000D_ _x000D_

Bruce Passen, a 40-year veteran of the debt purchasing field, joined Tiger Group as managing director of the company's newly-formed Tiger Receivables division.

Innergex Renewable Energy completed its acquisition of Alterra Power, a transaction valued at $1.1 billion. Concurrently, BMO Capital Markets, National Bank Financial and TD Bank served as joint lead arrangers for a $225 million increase to Innergex’s revolving credit facility.