News

Avidbank Specialty Finance provided $6.4 million in credit facilities to America’s Thrift Stores.

Bridge Bank and Assurance Mezzanine provided funding to support Bridger Capital Partners’ acquisition of Bluffdale, UT-based Old Mill Brick.

Utica Leaseco completed two transactions totaling $1.7 million during the week of March 12th, 2018.

Frankly drew down $1 million of the additional $1.5 million of credit available under their August 31, 2016 credit agreement with Raycom Media bringing the total outstanding loan balance under the credit agreement to $15.5 million.

Pinnacle Foods completed the refinancing of its senior secured credit facilities in a significantly oversubscribed transaction. Bank of America Merrill Lynch and Barclays Bank acted as lead arrangers on the transaction.

Amerisource Business Capital funded a $6 million credit facility for a fuel distribution and transportation company in Pennsylvania.

Alvarez & Marsal added Kaan Aslansan, Craig Schneider, Brad Arnold and Danny Faryniarz as managing directors its New York-based Corporate Transformation Services practice.

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.