News

Huntington Business Credit closed a new $40 million credit facility with Profound Alloys, a distributor of raw material alloys to the foundry and steel mill industries in the United States, on April 18, 2025. Proceeds of the facility were used...

Wingspire Capital provided a $150 million revolving credit facility to New APR Energy, LLC (d/b/a APR Energy), a global leader in fast-track power generation solutions. Proceeds will be used for capital expenditures, maintenance, and equipment refurbishment, while also providing additional...

Group 1 Automotive, a Fortune 250 automotive retailer with 263 dealerships located in the U.S. and UK, upsized its $1 billion revolving syndicated credit facility to $3.5 billion and extended the maturity to May 30, 2030. The syndicated credit facility can be expanded to $4.5 billion total...

Vero Technologies, a provider of innovative financial technology solutions for asset-based lending, has successfully launched its Title Management System (TMS) with First Business Bank, streamlining the bank’s title processing operations. Vero has enabled straight-through processing for the bank’s entire title...

NowVertical Group, a data and AI solutions provider, and certain of its affiliates have entered into a senior secured facilities agreement with HSBC UK Bank as arranger, original lender and agent. Pursuant to the facilities agreement, NowVertical UK and NowVertical...

Nexxen International, a global, flexible advertising technology platform with expertise in data and advanced TV, successfully completed an amendment to its existing revolving credit facility. Nexxen amended the revolving credit facility to, among other things, reduce the committed facility size...

James Hardie Industries successfully syndicated new credit facilities to support its operations and its planned transaction with The AZEK Company. The company syndicated new senior secured credit facilities totaling $3.5 billion with broad support including 30 participating banks. Specifically, the...

In a move to support the strong trajectory of growth and impact throughout the Frederick community, the board of directors of Woodsboro Bank will elevate Rich Ohnmacht, current president of Woodsboro Bank, to the role of president and CEO, effective July 1. Ohnmacht will...

Wellness Pet Company, a pet nutrition company, successfully completed a refinancing transaction supported by substantial majorities of its existing lenders. As part of this transaction, Wellness Pet has secured a $100 million capital investment and extended the maturities of its existing loans...

Keystone National Group has closed a $50 million senior secured revolving warehouse line of credit for a national electronics lease-to-own company. Keystone’s investment will allow the company to grow its business of providing lease-to-own financing products to consumers across the...