News

Air Transport Services has agreed to acquire Omni Air International for $845 million with committed financing arranged by SunTrust Robinson Humphrey.

Kala Pharmaceuticals closed a $110 million credit facility with funds managed by Athyrium Capital Management. Morgan Stanley acted as sole structuring agent on the transaction.

Business Capital provided $36 million of acquisition/recapitalization financing for an award-winning winery based in Napa Valley, CA.

David Cameron joined the law firm Dorsey & Whitney as a partner in its corporate group in Hong Kong._x000D_ _x000D_

MedMen Enterprises has closed a C$93.8 million ($73.2 million) senior secured term loan facility with funds managed by Hankey Capital and with an affiliate of Stable Road Capital as the largest loan participant.

Lighthouse Financial completed a $1.75 million revolving line of credit to a North Carolina-based manufacturer of architectural products.

InterNex Capital provided a $600,000 ABL facility to a New York-based security services company.

PNC Bank launched a national expansion of retail banking, leveraging an array of digital banking capabilities and featuring a new high-yield saving account available to new customers who reside beyond PNC’s traditional market.

The International Factoring Association formed a U.S.-based Midwest Chapter. Laurie A. Montplaisir, a shareholder with Robbins, Salomon & Patt, founded the chapter which spans 10 states.

Data Center ranked as one of the top 100 technology providers to financial institutions in the 15th annual IDC FinTech Rankings.