News

– Feb. 28, 2025 – Eversheds Sutherland, a global law firm known for its expertise in energy and infrastructure, proudly announced today that Christian Rudloff has joined its Global Energy Group in the New York office, effective Feb. 28, 2025....

Celtic Capital Corporation has announced its latest client relationship with an electrical maintenance and lighting replacement company based in the Pacific region, serving various commercial industries. The company sought to replace its costly factoring arrangement in order to lower its financing...

– Wingspire Equipment Finance, a division of Wingspire Capital, disclosed an expansion of its financing partnership with a global IT-managed service provider through a $30 million capital lease agreement. This enhanced facility builds on an existing relationship, providing the IT...

B. Riley Financial, a diversified financial services company, closed a $160 million senior secured term loan provided by funds managed by Oaktree Capital Management. The transaction was completed on Feb. 27, 2025. The new financing replaces an existing senior secured...

Mach Natural Resources closed a senior secured reserve-based revolving credit facility with a syndicate of 10 banks, including Truist Bank as administrative agent and collateral agent. The new credit facility has an initial borrowing base of $750 million. Mach used...

White Oak Europe and White Oak Commercial Finance (WOCF), affiliates of White Oak Global Advisors, closed an asset-based lending (ABL) facility of up to $125 million provided by Wells Fargo Bank. The ABL facility will support White Oak’s lending activities...

A Reuters article published on Feb. 26, 2025, predicts a substantial rise in private credit activity this year, fueled by high interest rates and shifting dynamics in traditional banking. With borrowing costs elevated — SOFR at 4.8% — private credit...

Taktile, a category-defining decision automation platform, has raised $54 million in a series B funding round led by Balderton Capital, with participation from existing investors Index Ventures, Tiger Global, Y Combinator, Prosus Ventures and Visionaries Club, as well as Larry...

Ampersand, a financial services firm, released its second annual Depositor Priorities Survey report. Bank safety and soundness continues to be a key theme of this report, with nine out of 10 depositors voicing concern about bank safety and bank failures,...

Element Fleet Management, a publicly traded, pure-play automotive fleet manager, and funds managed by Blackstone Credit & Insurance, through its infrastructure and asset-based credit group, established a strategic funding relationship involving a portfolio of Canadian fleet lease receivables valued at...