News

Progress Software, a provider of AI-powered digital experience and infrastructure software, entered into a fifth amended and restated credit agreement, which, among other things, increased the company’s revolving credit facility from $900 million to $1.5 billion and extended the maturity...

Tradewind Finance, an international trade finance firm, has provided working capital for a ready-to-go bubble tea global trader in the Baltics. The export financing is being used by the beverage maker to drive growth, optimize operations and strengthen international sales....

WesBanco, a diversified, multi-state bank holding company, opened a commercial loan production office (LPO) in Northern Virginia, aimed at expanding its capabilities in the Dulles Corridor and broader Washington, D.C. metro region. This marks WesBanco’s first commercial-focused LPO in the area. “The launch...

A Texas-based telecommunications and security firm recently turned to SouthStar Capital for financing to support a large commercial project and nationwide expansion efforts. The company initially serviced local accounts during the pandemic and paused operations before officially resuming in January...

SSG Capital Advisors served as the investment banker to Publishers Clearing House in the sale of substantially all assets to ARB Interactive. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the...

Alvarez & Marsal Tax, an affiliate of global professional services firm Alvarez & Marsal (A&M), launched its Indonesia tax practice. The new practice will be led by Jaap Zwaan, who joins as managing director with over 27 years of international...

Garrington Capital, a private lender that specializes in providing alternative financing options for small and medium-sized businesses across Canada and the United States, served as co-agent along with Great Elm Commercial Finance in a $12 million equipment financing facility to...

Ares Management, a global alternative investment manager, made enhancements to its infrastructure debt team, including the most recent addition of Jon Plavnick as a partner. Plavnick is based in New York and will focus on sourcing, structuring and managing infrastructure...

Octus, a credit intelligence and data provider for buy-side firms, investment banks, law firms and advisory firms, released its recap of the collateralized loan obligation (CLO) market for the first half of 2025. The company also introduced its CLO League...

Gordon Brothers, the global asset experts, provided C$30 million to finance the Canadian women’s clothing retailer Northern Reflections’ acquisition of two other Canadian women’s retailers, Cleo and Ricki’s. The firm’s financing, consisting of a C$20 million revolving credit facility and...