News

Gordon Brothers, the global asset experts, is introducing a rare market opportunity for GCC-based manufacturers, metal fabricators, EPC contractors and defence sector companies to rapidly expand in-country manufacturing and repair capabilities through a major online sale of heavy fabrication and...

Banco Plata secured $300 million from Oaktree, Macquarie Group, Fasanara Capital and Banco Covalto under the Nomura-led private credit facility, up to $500 million. These funds add to the original commitment by Nomura. This transaction will further fuel the company’s...

AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, has expanded its team, appointing Matt Stevens as managing director to lead AIP’s commercial efforts in the Americas. “We are excited to formally announce Matt joining to bolster...

The direct lending business of Silver Point Capital, a global company in credit investing, participated in the term loan facility supporting the acquisition of Signal Peak Silica, a manufacturer and reseller of high-quality local proppant, by Iron Oak Energy Solutions,...

DHT entered into a new $250 million reducing revolving credit facility. The facility has a seven-year tenor and bears interest at SOFR plus a margin of 135 basis points. It has a final maturity in June 2033 and a 20-year...

Abacus Finance Group, a provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies, served as senior secured credit facilities administrative agent and lead arranger to support SBJ Capital’s strategic investment in 3B International, a global fragrance...

Eastern Bank provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP),...

Pinnacle Bank, headquartered in Gilroy, CA, appointed Mark Roach as executive vice president, senior lending officer. “We are very excited to have Mark Roach join Pinnacle Bank as a senior lending officer and look forward to his contributions to the...

Pacific National Bank (PNB) appointed Wayne Potters as senior vice president and head of syndications and club deals. Potters has over 30 years of experience in commercial real estate including CMBS and bridge lending. Prior to joining PNB, he most...

Tiger Group and Can-Am Machinery are now entertaining offers for an old corrugated containers (OCC) fiber processing and recycled pulp production plant, along with a drying system capable of handling everything from sludge to renewable wood pellets. The assets owned...