News

Hilco Corporate Finance appointed Mark A. Smith managing director within the firm's Corporate Finance team.

Business Capital structured and secured $10 million of mezzanine financing for the largest independent fabricator and installer of steel bar products and post-tension cables in California and Nevada.

CytoSorbents, a critical care immunotherapy leader specializing in blood purification, refinanced its existing $10 million term loan with a new $15 million debt facility with Bridge Bank.

The Credit Junction secured a $150 million credit facility from MidCap Financial.

GMS agreed to acquire 100% of the equity interests of WSB Titan for total consideration of approximately $627 million. Barclays Bank, Credit Suisse and Credit Suisse Securities will provide debt financing to support the transaction.

Deep Sea Mining Finance will continue to provide bridge loans to Nautilus Minerals. The loans are expected to form part of a larger secured structured credit facility of up to $34 million.

NXT Capital provided a senior secured credit facility to support PNC Riverarch Capital’s acquisition of TZ Acquisition Corp dba Tranzonic.

MB Business Capital provided a new $4.9 million senior credit facility to Gallatin, MO-based Landmark Manufacturing. Proceeds from the facility were used to refinance existing senior indebtedness and will fund working capital needs going forward.

US Capital Partners provided a $150 million revolving line of credit, scalable to $200 million, to a specialty jewelry company in the U.S.

CIT Group acted as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar, a developer and owner of solar energy facilities.