News

B. Riley Securities served as bookrunner on CION Investment’s underwritten public offering of $125 million aggregate principal amount of unsecured notes due 2031. CION has granted the underwriters a 30-day overallotment option to purchase up to an additional $18.75 million...

Gateway Trade Funding closed a $1.2 million purchase order (PO) financing facility for a company supplying security products. The transaction was referred to Gateway by a factoring partner and structured to support the company’s ability to fulfill large-scale purchase orders...

AFC has committed $29 million to a $60 million senior secured term loan. The proceeds from the credit facility, including $19.6 million funded by AFC at close, will be used to finance the acquisition of a healthcare benefits platform. “We are...

Aircastle extended the maturity of its $200 million unsecured revolving credit facility with Mizuho Marubeni Leasing Americas to January 2029. In addition, the company also extended the maturity of its $300 million unsecured revolving credit facility with Mizuho Bank to...

Bidding opens on Feb. 11 in a major Tiger Group biopharma-industry auction of new and late-model GMP Manufacturing and Quality Control Laboratory equipment as well as brand-new support inventory — assets with an original at-cost value exceeding $5 million. Closing...

Frank B. Holding, chairman and CEO of First Citizens Bank & Trust, has been appointed to the Federal Reserve Board of Governors’ Federal Advisory Council (FAC) for 2026. Holding will represent the Fifth District on behalf of the Federal Reserve...

Squire Patton Boggs has appointed William Liu as a partner in London, joining the firm’s global financial services practice group from K&L Gates. Liu’s appointment follows on from the recent hire of his former colleague Heather E. Rees, also partner...

Susser Bank has appointed Jay C. Hartzell, president of SMU, to its board of directors. A visionary and leader with an extraordinary record of accomplishment inside and outside academia, Hartzell brings a distinguished record of leadership across higher education, finance,...

AtlasClear, a financial technology holding company focused on building a modern, regulated financial services platform, entered into a definitive share purchase agreement (SPA), replacing the previous merger agreement, to acquire all of the outstanding shares of Commercial Bancorp, a Wyoming...

Customers Bank, the $24 billion subsidiary of Customers Bancorp, has been named to Forbes ‘America’s Best Banks’ list for 2026, marking the eighth consecutive year the bank has earned this prestigious accolade. “Being named to Forbes ‘America’s Best Banks’ list...