News

Gibraltar Business Capital closed two credit facilities for a total of $9.5 million, reaching $150 million in total commitments for the first time in the company’s history.

Mark P. Ramsey joined Katten Muchin Rosenman as a partner in its growing Commercial Finance practice in New York.

Tree Line Capital Partners provided a first lien credit facility to support Huron Capital Partners’ investment in Direct Connect Logistix.

Resort company Las Vegas Sands increased its term loan by $1.35 billion. The Bank of Nova Scotia acted as administrative agent and collateral agent on the transaction.

Goodnight Midstream expanded its revolving credit facility from $165 million to $320 million. ABN AMRO Capital USA served as administrative agent, book runner and sole lead arranger on the transaction.

Main Street Capital amended its revolving credit facility, increasing the total commitments from $585 million to $655 million while maintaining an accordion feature that allows for an increase up to $800 million.

AloStar Capital Finance agented a $50 million committed credit facility for KCAP Financial, a publicly traded business development company.

Encina Business Credit upsized an existing asset-based revolving credit facility from $25 million to $73.5 million for a government services company.

Fintech lender BlueVine closed $60 million in equity funding, supporting the company’s momentum in the alternative business lending market. The Series E Funding round was led by Menlo Ventures.

Dimitri Drone joined Houlihan Lokey as a managing director in Financial Advisory Services as part of a continued build-out of the firm’s pharmaceutical and life sciences valuation services. _x000D_ _x000D_