News

Aypa Power, a Blackstone portfolio company and leading developer, owner, and operator of utility-scale energy storage and hybrid renewable energy projects, has announced the successful upsizing of its corporate credit facility, originally closed in July 2024. The upsized facility now...

The artificial intelligence boom is creating substantial financing opportunities for private credit markets as companies seek capital to build the massive infrastructure required to power next-generation AI systems. According to recent reports, tech companies need funding to build data centers...

The recent groundbreaking significant risk transfer (SRT) transaction involving Sumitomo Mitsui Banking Corp., Apollo Global Management, Carlyle Group, and Ares Management represents a potentially transformative development for both banks and business development companies in the rapidly expanding private credit landscape....

Canyon Partners ("Canyon"), a $27 billion global alternative investment manager founded in 1990, has announced the hiring of veteran credit investor William Im as a Managing Director based in the firm's New York office. Im will support the full spectrum...

Crescent Capital Group LP, a leading alternative credit investment firm, has announced the appointment of Jason Breaux as Head of Private Credit. In this role, Breaux will lead the firm's private credit business and focus on platform-wide growth, expanding investment...

TUPELO, Miss. -- Renasant Corporation (the “Company”) announced that Kevin D. Chapman has officially assumed the role of Chief Executive Officer and President of both the Company and Renasant Bank (the “Bank”). C. Mitchell Waycaster, immediate past Renasant CEO, will...

Kapwork, an AI platform for factoring, has announced major updates to its flagship Kapwork Verify platform designed to transform the factoring process with enhanced speed and efficiency. The company's new features include an Email Verification Agent and a centralized user...

Main Street Capital Corporation (NYSE: MAIN) has announced the amendment of its revolving credit facility (the "Corporate Facility"). The recently closed amendment decreases the interest rate to the applicable Secured Overnight Financing Rate ("SOFR") plus a credit spread adjustment of...

LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners, LP (“WhiteHawk”), a private credit investment manager specializing in asset-based financing solutions, announced the closing of a $245 million senior secured loan facility with Heidtman Steel Products, Inc. (“Heidtman” or the “Company”). Heidtman is a...

Chicago Atlantic has announced its role as sole arranger and administrative agent in the funding of a senior secured term loan for Because™ Market ("Because"). Founded in 2017, Because has built a strong reputation for providing high-quality products in the...