Capital One Bank Appoints Levenson as SVP
Capital One Bank appointed Richard Levenson to the newly created role of SVP of portfolio management in Capital One’s Commercial & Specialty Finance Group.
Capital One Bank appointed Richard Levenson to the newly created role of SVP of portfolio management in Capital One’s Commercial & Specialty Finance Group.
BMO Harris Bank’s Sponsor Finance group was sole lead arranger and is administrative agent for $75 million in senior credit facilities to Classic Party Rentals.
Nutraceutical increased its revolver to $100 million with a $30 million accordion feature. Rabobank will continue as lead bank, and Wells Fargo will remain as a lender and is currently the primary U.S. commercial banking partner.
Solar Capital announced the creation of a senior secured unitranche loan program in a joint venture with a fund managed by Pacific Investment Management.
Heritage Commerce announced the acquisition relating to a stock purchase agreement between Heritage Bank of Commerce, BVFCSNK Acquisition and its stockholders was completed.
King Trade Capital announced funding a $1.3 million seasonal purchase order facility for a licensed logo tool box supplier.
Credit Value Partners announced Michael Keller joined the firm as a partner to focus on specialized loan origination and other direct lending opportunities.
GE Capital Canada provided an $8.8 million senior secured credit facility to DBG Canada, commonly known as DBG Metal Manufacturing. Proceeds will go to refinance an existing term loan and for working capital.
Sterling Bancorp and Hudson Valley Holding entered into a definitive merger agreement resulting in a regional bank with $10.5 billion in assets.
Eastman Kodak reportedly posted its first profit since emerging from bankruptcy protection last year as a pared-down technology company focusing on commercial imaging.