News

Cohen Capital Markets (CCM), a division of Cohen Securities, an indirect, controlled subsidiary of Cohen, launched a dedicated private credit advisory practice, further expanding its capital markets platform. The new offering provides middle-market companies with tailored debt financing solutions and...

SG Credit Partners added Andrew Clark as a director of underwriting in its commercial finance team. Clark is joining to strengthen SG’s underwriting capabilities as it continues to expand upmarket and into additional product capabilities to complement its traditional ABL...

Barings, an alternative investment managers, added Sloan Sutta as global head of asset-based finance (ABF). He will be based in New York and will report to Martin Horne, co-head of global investments. Sutta will lead Barings’ global ABF platform, which...

True Food Kitchen and certain affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. The company intends to use the Chapter 11 process...

Red Robin Gourmet Burgers, a casual dining restaurant chain, completed the refinancing of its secured credit facility on Oct. 2, 2026. The new facility replaces the company’s prior credit agreement and follows the substantial completion of its refranchising transactions, the...

The Secured Finance Network (SFNet) member directors have elected the FY27 SFNet management committee and executive committee members, with approval from the executive committee. The Secured Finance Foundation (SFFound) member donors have also elected the FY27 SFFound board and officers,...

Biz2Credit | Biz2X, a fintech company built on two complementary platforms to deliver financing directly to SMBs wherever they work and bank, completed two strategic additions to its leadership team: Ted Kelleher as head of capital markets & strategic partnerships,...

BankUnited named Tony Coley as senior vice president, commercial banking market leader for the Tampa Bay region. The 30-year banking industry veteran will lead the bank’s Tampa Bay commercial teams as they continue to grow BankUnited’s portfolio and extend its...

Peapack-Gladstone Financial and Peapack Private Bank & Trust appointed Ana Parra as senior managing director, group director. Based in the Bank’s Park Avenue office in Manhattan, she will focus on serving the complex financial needs of high-net-worth individuals, families, family...

The week’s asset-based lending story was one of tightening spreads and lender priority. Power Solutions International closed a $220 million committed ABL at SOFR plus 180 basis points—replacing a $135 million facility that priced at SOFR plus 260—while Itafos extended...