Keltic Financial Funds Utility Metering Solutions Revolver
Keltic Financial Services announced the recent funding of a $2.75 million revolver for Utility Metering Solutions.
Keltic Financial Services announced the recent funding of a $2.75 million revolver for Utility Metering Solutions.
Due to a significant increase in new deal flow and growth in the existing client base, Gulf Coast Business Credit recently hired Zachary Daiber as a credit analyst.
The Wall Street Journal reported Brookstone is preparing to file for bankruptcy protection after missing an interest payment to creditors in January, people familiar with the matter said.
Bloomberg reported Citigroup’s capital plan was one of five that failed the Federal Reserve stress test. Bloomberg said the U.S. units of Royal Bank of Scotland, HSBC and Santander, along with Citigroup, failed due to “concern about the quality of their processes,” citing a Fed statement.
Bibby Financial Services announced it funded a $750,000 factoring facility for an Arizona-based materials provider to the construction industry.
A fishing tackle manufacturing company has chosen TAB Bank for a $750,000 revolver.
Tiger Group’s Remarketing Services Division announced it is auctioning assets from bankrupt equipment manufacturer Integrated Medical Systems.
Raymond James Investment Banking announced it was honored with a pair of International M&A Advisor Awards in the Sixth Annual List of Exceptional International Deals.
GE Capital International said it has provided a $300 million cross-border financing facility to Accolade Wines. GE notes that over the last 12 months, it has funded more than $800 million in cross-border deals.
Bloomberg reported that JPMorgan Chase’s Mike Cavanagh, who served as a close deputy to CEO Jamie Dimon for more than two decades, will leave to become co-chief operating officer of Carlyle Group.