News

Great American (GA Group), a provider of financial advisory, valuation, asset disposition and investment banking services and majority-owned by funds managed by Oaktree Capital Management, expanded its CFO advisory practice with the appointments of Rosita Sororian as director and Dallas...

Wells Fargo named Bryson Kelly market executive for commercial banking in Oregon and Idaho. Based in Portland, Kelly reports to Eric Houser, commercial banking Northwest division executive. Kelly brings 12 years of financial services experience to the role, including credit,...

Brookfield completed its acquisition of Oaktree. The transaction marks the next step in a partnership that began in 2019 and fully brings together the Oaktree and Brookfield platforms. With the addition of Oaktree, Brookfield’s global credit platform offers a broad...

Ultimate Finance has reduced rates across its Development Exit product, with pricing now starting from 0.74% and 75% LTV loans available from 0.79%. The lower pricing is designed to help developers and investors refinance or exit completed or nearly completed schemes with more confidence, while giving...

Utica Equipment Finance closed a $3.3 million capital lease for a live event production and broadcast company. Secured by broadcast trailers, trucks and production support equipment, the lease supports the company’s acquisition of production assets. The business delivers turnkey live...

nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided an $8 million credit facility to a Midwest-based commercial printing company. The comprehensive financing package is uniquely structured to maximize borrowing capacity, combining an accounts receivable factoring...

Asset-based lenders closed out July with one of the most instructive weeks of the year for structure and pricing. On July 27, Target Hospitality Corp. closed a new $660 million asset-based revolving credit facility that replaces its prior $175 million...

Aperture Investors, an alternative asset manager and part of Generali Investments, led a $300 million asset-based financing facility with Avant, a financial technology company. The facility provides flexible capital designed to support Avant’s continued growth across its platform. The transaction...

Discovery Mining amended the company’s senior secured revolving credit facility, increasing the total commitments, extending the maturity, improving pricing and enhancing overall financial flexibility. All amounts are in U.S. dollars unless otherwise indicated. Under the amended terms, the credit facility...

Celtic Capital’s most recent client relationship is two Pacific-based companies under common ownership. The first repurposes pre-consumer organic waste and produces animal feed and energy, while the second manufactures low-density polyethylene using blown film extrusion, printing and converting. The companies,...