News

Womble Bond Dickinson added Eric L. Muñoz to its finance, bankruptcy and restructuring practice group as a partner in Houston, strengthening its debt financing capabilities in the energy sector. Muñoz brings nearly 20 years of experience representing borrowers, issuers and...

Gateway Trade Funding, a direct lender focused on purchase order financing and stretch finance solutions, completed 25 stretch finance transactions totaling more than $7.7 million across a broad range of industries throughout the United States and Canada. The transactions provided...

Baker Garrington partners with an oilfield staffing company to provide a growing $1.5 million facility. Demand was there for the client. The challenge was having the capital in place to support that growth without slowing things down. The facility helped...

The private equity business within Goldman Sachs Alternatives acquired FGI Worldwide, a provider of working capital financing and trade credit insurance solutions. The acquisition enables FGI to accelerate its growth and expand its suite of financing, risk and Insurtech solutions...

Encina Private Credit served as term loan lender for a management-owned company operating in the datacenter critical components manufacturing space. Encina’s $50 million first-out commitment as part of a $100 million senior secured credit facility will be used to buy...

McGrath RentCorp, a business-to-business rental company in North America, completed a $725 million credit facility with a syndicate of banks. The five-year facility matures on May 8, 2031, and replaces the company’s existing $650 million line of credit. Bank of America...

Ripple, a provider of blockchain-based enterprise solutions across traditional and digital finance, closed a $200 million debt facility from funds managed by Neuberger Specialty Finance, the dedicated asset-based investment team within Neuberger, a global investment management firm. The facility will...

Sezzle, a digital payment platform, secured a new $300 million receivables funding facility with Mesirow Alternative Credit (f.k.a. Bastion), which will serve as both lender and administrative agent. The new facility doubles the company’s original $150 million committed facility established...

Guitar Center has amended its existing asset-based lending facility. The amended facility maintains total commitments of $375 million, reduces borrowing costs, relaxes certain minimum availability covenants and extends the maturity date from Dec. 31, 2027 to the earlier of May...

KCP’s Group, a restructuring and advisory firm, added Jennifer Meyerowitz as senior managing director and general counsel. In this role, Meyerowitz will advise clients on complex restructurings, distressed transactions and operational turnarounds, while also overseeing the firm’s legal strategy and...