News

KeyCorp made several changes to its board of directors, reaffirming the board’s commitment to strong corporate governance and long-term shareholder value creation. The board will nominate Antonio “Tony” DeSpirito and Christopher L. “Chris” Henson for election as directors at KeyCorp’s...

King & Spalding added Chris Montgomery to its finance and restructuring practice group as a partner. Based in the firm’s New York office, Montgomery represents lenders and sponsors on the full spectrum of fund finance transactions. “Chris brings deep experience...

Hilco Global’s real estate capital practice has provided a $47.5 million loan to support the recapitalization and continued development of The Bend, a mixed-use riverfront project in Chattanooga, TN, sponsored by Urban Story Ventures (USV). The financing supports the next...

First Business Bank’s accounts receivable financing group announces the funding of a $1 million factoring facility for a client that performs collections and equipment recovery services for major cable and satellite TV companies. The facility provides essential working capital to...

Allica Bank has gone live on Lendscape’s lending platform, marking a major milestone in its digital transformation journey and unlocking new capacity for growth and innovation. The go-live follows Allica’s decision last year to select Lendscape as part of a...

Encina Lender Finance provided a $75 million senior credit facility to a specialty finance company to scale its origination of consumer lease-to-own assets. The facility is secured by a highly diversified pool of small balance contracts.

Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, provided a $47 million asset-based credit facility to Precision Marshall, a manufacturer of de-carb free tool steel and specialty...

Mitsubishi HC Capital Canada closed $62.5 million in financing through its private credit platform, helping four Canadian businesses unlock cash flow, fund strategic initiatives and drive expansion. Recent Transactions Technology – Value Added Reseller: $15 million, five-year software term facility,...

Affiliates of Stellus Capital Management provided senior debt financing and an equity co-investment in support of Tailwind Capital’s investment in Valor Fleet Services, a Leesburg, VA-based provider of light- and heavy-duty vehicle and equipment towing, specialized transport, recovery, storage and...

enGene, a clinical-stage, non-viral genetic medicines company, entered into an amendment to an amended and restated loan and security agreement with two of its subsidiaries and Hercules Capital as agent for up to $125 million. Access to the additional non-dilutive...