News

Castlelake, an alternative investment manager with 20 years of experience investing in asset-based private markets, formed Merit AirFinance, an aviation lending business which will provide debt capital to airlines and leasing companies for new and used aviation assets. Merit AirFinance...

First Business Bank’s asset-based lending team announces a recently closed and funded $6.85 million revolving line of credit, CapEx equipment line of credit and real estate term loan to fund the refinance of a Texas manufacturer of precision-machined metal parts....

Citizens Financial Group appointed Aunoy Banerjee as executive vice president and chief financial officer. He will serve on the company’s executive committee and report to chairman and CEO Bruce Van Saun. Banerjee joins Citizens from Barclays, where he currently serves...

PaceZero Capital Partners entered into a committed credit facility with Kanin Energy. The funding will support Kanin’s continued waste heat to power project development activities across North America. “The demand for baseload electricity is rapidly rising; we see immense growth...

PlainsCapital Bank welcomed Kyle Bennett to its Dallas lending team as vice president, commercial loan officer. He will be based at the Bank’s One Victory Park location. “Kyle has a great way of connecting with clients and helping them find...

SLR Business Credit funded a $1.5 million factoring facility for a privately held robotics integration company based in Dallas. The factoring facility is secured by receivables from high-quality institutional clients including universities, hospitals and other large enterprise customers. The facility...

Mayer Brown added Brian Trudgen to its Chicago office as a partner in its global leveraged finance and private capital group. He joins from Jones Day. “We are delighted to welcome Brian, who brings more than two decades of practice...

Winston & Strawn recently represented Intermetro Fiber (d/b/a South Reach Networks) in its sale to a fund managed by affiliates of Blue Owl Capital. The transaction will allow Blue Owl to provide incremental scale and deepen its own existing fiber...

TPI Composites, together with its domestic subsidiaries, commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas to pursue a comprehensive restructuring of the company. To support the company during this process, TPI has...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured revolving credit facility to XBP Americas (formerly known as Exela Technologies BPA, a subsidiary of Nasdaq listed XBP Global. The agreement provides for a $150...