News

Individual Chapter 7 bankruptcy filings rose 16% in April compared to the same month last year, as Americans continued to face mounting financial stress, according to data released May 2 by Epiq AACER. The 30,961 Chapter 7 filings marked a...

MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation ("VSE" or the "Company") (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, today announced the successful refinancing of its Term Loan A and Revolving Credit Facility. The Company entered into a new...

MENLO PARK, Calif.--(PRNewswire)--Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture-backed companies, today announced the promotion of Avisha Khubani to Managing Director of Portfolio Analytics. In her expanded role, Khubani will continue to oversee...

SALT LAKE CITY--(BUSINESS WIRE)--Ivanti, an enterprise software company that provides a comprehensive IT and security cloud-based platform, announced today that it has successfully closed a refinancing transaction with support from an overwhelming majority of its existing lenders. As part of...

LOS ANGELES--(BUSINESS WIRE)--CHAOS Industries, a technology company building the next generation of defense and national security systems, today announced that it has raised $275 million in Series C funding to support the next phase of its commercial growth and development....

Alexandria, Va. — The American Bankruptcy Institute (ABI) announces that Adrienne Walker of Foley & Lardner LLP (Boston) has been named to a two-year term as ABI Vice President-Diversity & Inclusion. An ABI member since 2000 and a member of ABI’s...

NEW YORK--(BUSINESS WIRE)--KBRA releases a recap of the annual CLO Conference hosted by the Loan Syndications & Trading Association (LSTA) and DealCatalyst, which took place at the Marriott Marquis Hotel in New York on April 28-29. With up to 1,700...

Hedge funds are betting that trade wars, a shrinking economy, and rising strain among borrowers will hit private credit in the U.S., according to a Bloomberg report. The gamble appears to be paying off, with short sellers making approximately $1.7...

Ally Financial Inc. (NYSE: ALLY) has announced the launch of a new Corporate Finance division focused on energy and infrastructure finance, specifically targeting the power, energy, and digital sectors. This initiative is part of Ally's commitment to delivering tailored financing...

DarioHealth Corp. (NASDAQ: DRIO) has announced the closing of a debt financing facility for up to $50 million provided by Rand Capital and Callodine Group. The capital refinances the company's existing credit facility, providing additional operational flexibility and supporting the...