News

Redeux Energy Partners, a utility-scale solar and energy storage development company, closed its new $30 million revolving letter of credit facility with Macquarie Group. The new LC facility will allow Redeux to finance development expenses related to interconnection and power purchase agreement...

Clear Channel Outdoor Holdings has amended its receivables-based credit facility and revolving credit facility with Deutsche Bank AG New York Branch as administrative agent. The amendments extend the maturity date on each of the receivables-based credit facility and the revolving...

Marelli Holdings, a global technology partner to the automotive industry, has received approvals from the U.S. Bankruptcy Court for the District of Delaware for its “first day” motions related to the company’s voluntary Chapter 11 petitions. The court granted interim approval to...

Hilco Real Estate Finance (HREF) has completed a £4.5 million, 24-month bridging loan secured on a 130-acre Suffolk holiday park. Stonham Barns, near Ipswich, has operated for over a decade. HREF’s loan has enabled the borrower to repay multiple existing...

Private equity firms facing stalled exits and mounting pressure to return capital to investors are increasingly turning to a new form of stopgap financing: “dequity” — a hybrid of debt and equity offered by direct lenders, Bloomberg reports. Firms like...

Pemberton Asset Management, a European private credit manager, made a series of senior North American appointments, alongside the establishment of a New York office. Pemberton’s expanded North American team will operate out of its New York office to enable deeper...

Global pricing and billing platform SunTec Business Solutions entered a strategic relationship with Curinos, a provider of financial data intelligence and optimization solutions, to embed market insights directly into the core decision-making processes of banks and credit unions. “Commercial banks...

Global business advisory firm EisnerAmper names two industry group leaders: Kayla Konovitch (private equity) and Kyle Mason (legal). Their leadership will focus on go-to-market strategies and fostering service line collaboration. Kayla Konovitch Konovitch brings more than ten years of experience...

Crusoe, a vertically integrated AI infrastructure provider, secured a $750 million credit facility from Brookfield Asset Management through its infrastructure debt platform. This financing will primarily be deployed to fuel the continued growth and scaling of Crusoe’s development of AI...

Marelli Holdings Co., a global technology partner to the automotive industry, has commenced voluntary Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware in order to comprehensively restructure its long‑term debt obligations. Approximately 80% of the company’s lenders have...