News

Burke & Herbert Financial Services made key hires aimed at enhancing the company’s commercial banking, treasury management and deposit growth teams. The new appointments augment the company’s ability to service its commercial client base while adding capacity for additional growth....

Hilco Real Estate Finance (HREF), the specialist bridge lender and subsidiary of Hilco Global, made a significant reduction in its lending rates, in most instances in excess of one percentage point per annum. Depending on collateral, rates may be reduced...

Loren R. Lembo joined Katten as a partner in the firm’s transactional tax planning practice, growing the roster of talented attorneys based in the New York office. “Loren strengthens our ability to deliver strategic, tax-efficient solutions on the most sophisticated...

Quickpay Funding established a $500,000 invoice factoring facility for an expanding commercial janitorial company specializing in office cleaning and maintenance services. This new facility is designed to provide the essential cash flow needed to support the company’s recent contract wins...

Encina Private Credit provided a $150 million commitment consisting of a revolver and term loan in the $525 million senior secured credit facility. Encina is serving as revolver agent in support of Centerbridge Partners and VSS Capital Partners portfolio company...

Madrigal Pharmaceuticals, a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), entered into a $500 million senior secured credit facility with funds managed by Blue Owl Capital, an alternative asset manager, to primarily advance Madrigal’s pipeline...

Leo Berwick, a global tax and financial advisory firm, serving preeminent infrastructure, private equity and pension funds and their portfolio companies, executed a credit facility for up to $75 million from Stone Point Credit, a private credit investment firm, subject...

Mountain Ridge Capital closed a $6 million senior secured credit facility to a California-based consumer products company. The MRC facility will be utilized for working capital purposes to achieve growth and operational objectives. “We are grateful for the opportunity to fund this...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Hudson Technologies by PrecisionX Group, an existing portfolio company of CORE Industrial Partners. Founded in 1940 and...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed a $10.5 million asset-based loan (ABL) facility for a leading textile manufacturing and distributor based in New York. The client was seeking an alternative lender after...