News

Lancium, an energy technology and infrastructure company, closed a $600 million debt financing package to advance its clean campus development strategy, beginning with the 1.2 GW Lancium Clean Campus in Abilene, TX, the first site of the Stargate initiative, a...

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, a global alternative investment firm with $70 billion of capital under management, provided £81 million in first-lien, senior secured credit facilities to Summit Group, a portfolio company of Sovereign Capital Partners, to...

Carr’s Hill Capital Partners Management, a private equity firm focused on industrial and infrastructure services businesses in the Southeastern U.S., closed a new senior credit facility with Crestline Investors for its portfolio company Arrow Waste. The facility will provide significant...

U.S. banks have moderated their pace of securities portfolio restructurings, yet targeted trades persist, often driven by mergers and acquisitions, according to S&P Global Market Intelligence. The pandemic-era strategy of investing in long bonds with cheap deposits exposed banks to...

UMB Financial completed its systems and brand conversion of Heartland Financial USA. This milestone is the final component of the largest acquisition in UMB’s 112-year history, which officially closed on Jan. 31, 2025. This acquisition expanded UMB’s footprint from eight...

Post Road Equipment Finance (PREF) added Brian Meres to its risk team as a senior vice president. In his new role, Meres will primarily be responsible for new business underwriting and will also have portfolio management responsibilities. He will report...

Versant Funding funded a $2.5 million non-recourse factoring facility to a company that provides software and consulting services to major multinational companies. The factoring company this business had relied upon for many years to meet its working capital needs refused...

Atlantic Union Bank completed the integration of Sandy Spring Bank branches and operations into Atlantic Union Bank, unifying the bank across its footprint. “Following our detailed merger integration playbook used to seek to ensure a smooth transition, our teammates have...

Mascoma Bank is now live with the Alkami’s full digital sales and service platform. The comprehensive suite includes the company’s onboarding and account opening solution, the digital banking solution, and the data and marketing solution. “At Mascoma, we see digital...

Iron Horse Credit appointed Ana G. Rodriguez as senior vice president. Rodriguez brings more than 12 years of progressive operations experience in the commercial finance industry. Rodriguez’s career includes roles at financial institutions such as Pathward (formerly Crestmark Bank), where...