News

Sallyport funded a $1 million factoring facility for a growing Canadian manufacturer, referred by a trusted corporate banking consultant. The business required immediate support to complete repayment to the major Canadian bank, clearing the way for improved cash flow and...

Asset-based lender Ultimate Finance launched Optimise, a new bridging loan for brokers supporting experienced residential property developers and investors who need to move fast. Built around a digital application journey with simplified underwriting and a streamlined legal path, Optimise is...

Law firm Winston & Strawn recently served as initial purchasers’ counsel to J. P. Morgan Securities, Barclays Capital and Morgan Stanley & Co. in connection with the private offering of $1 billion aggregate principal amount of Exelon’s 3.25% convertible senior...

Opifex-Synergy, an independent equipment rental and infrastructure services provider in the United States, secured $1.05 billion in new financing to strengthen its capital base and enhance its ability to serve customers across major infrastructure, industrial and institutional commercial projects nationwide....

TPG Credit recently closed TPG AG Credit Solutions Fund III with over $6.2 billion in capital commitments in the commingled vehicle, exceeding the original $4.5 billion target by nearly 40% and representing an approximate doubling of the $3.1 billion raised in the predecessor vehicle. Fund III represents the...

Moritt Hock & Hamroff, a New York headquartered commercial law firm, added attorneys Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II. Siegel joins the firm’s corporate, dispute resolution and litigation practices as counsel in its New York City...

City National Bank (CNB) is strengthening its commercial banking division with the appointment of David Ramirez as commercial banking director, along with four seasoned bankers who bring deep knowledge and expertise across South Florida. Ramirez brings more than 20 years...

SouthStar Capital funded a $2 million accounts receivable facility for a family-owned government contracting firm experiencing growth in procurement activity. The company’s most recent award, a procurement project for a U.S. military branch, created an immediate need for improved cash...

Todd Combs, investment manager of Berkshire Hathaway, CEO of GEICO and a former member of JPMorganChase’s board of directors, will head the $10 billion strategic investment group of JPMorganChase’s new security and resiliency initiative (SRI), which the firm recently launched...

King & Spalding has promoted 27 lawyers to partner and 17 to counsel. The promotions span 13 of the firm’s offices across the United States, Europe, the Middle East and Asia Pacific. “These lawyers exemplify the excellence, client focus, team...