News

Camden National Bank completed three executive appointments that strengthen its commercial banking leadership and enhance support for clients across Northern New England. Kate Brunelle has been named executive vice president, chief credit officer; Ryan Smith has been named executive vice...

The week ending July 4, 2026 delivered the first meaningful crack in an otherwise relentlessly hawkish narrative, as a startlingly weak June labor report forced markets to temper — though not abandon — their conviction that Kevin Warsh’s Federal Reserve...

Wingspire Capital provided a $45 million revolving credit facility to a global medical device maker that develops, manufactures and markets a portfolio of spinal surgery products. Proceeds are being used to refinance the previous capital structure. Wingspire Capital provided a...

Gulf Development closed its offshore syndicated term loan facility, a $600 million syndicated term loan facility, marking a milestone in the company’s funding strategy. Initially launched in May 2026 at $400 million, comprising three-year and five-year tranches, the facility received...

The TP Group secured a £6.6million asset-based lending (ABL) facility through Independent Growth Finance (IGF) to support the ongoing growth of the business. This injection of working capital will support the business’s strategic and responsible growth, invest in delivery capability...

SouthStar Capital closed an accounts receivable financing facility for a healthcare supply company that provides food service and sanitation products to long-term care facilities. As demand for essential healthcare supplies continues to grow, the company required additional working capital to...

FTI Consulting entered into the third amendment and restatement of its senior unsecured credit facility, increasing the total available revolving credit facility and extending the maturity, while enhancing overall financial flexibility with improved pricing. The third A&R credit agreement increases...

Abacus Finance Group, a provider of cash flow-based senior debt for sponsor-led investments in lower middle market companies, celebrated 15 years at the 2026 Abacus Regatta on June 4 – 5, 2026. The two-day event paired a celebratory dinner in...

Womble Bond Dickinson added Katherine Smith to its Houston office as a partner in the corporate and securities practice group. Smith advises public companies, boards and executive teams on the design, negotiation and disclosure of executive and director compensation, work...

Patriot Bank, the wholly owned subsidiary of Patriot National Bancorp, opened its flagship California location in Beverly Hills with more than $100 million in deposits from high-net-worth families, entrepreneurs and business leaders throughout Southern California. Richard Smith and Jeff Seabold...