News

CSG Systems International, a company that provides business support solutions with a market capitalization of $1.67 billion and gross profit margins of 48.7%, negotiated a new $600 million credit agreement. The new five-year revolving loan facility, which replaces the company's...

Soluna Holdings, a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, closed a $5 million loan facility with Galaxy Digital, a financial services and investment management innovator in the digital asset and blockchain technology...

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Construction Specifications by Milrose Consultants, an existing portfolio company of Southfield Capital.

Sallyport Commercial Finance provided a $6 million non-notification factoring facility to support an agriculture company in its strategic restructuring and growth journey. A privately owned entity, the client recently underwent a comprehensive restructuring of their assets. As part of this...

Specialist bridge lender Hilco Real Estate Finance (HREF) has seen a record month of lending in February, delivering three deals worth over £43.8 million across the UK. The hat trick of deals, secured against assets in Leeds, London and Wakefield,...

The Hedaya Capital Group recently provided a $3.5 million factoring facility to a men's lifestyle and streetwear clothing brand headquartered in New York. Launched in 1986, they successfully sold to mid-tier department stores such as J.C. Penney until the pandemic...

Magnite, an independent sell-side advertising company, repriced, for the second time, its $363 million senior secured term loan facility due February 2031. The repricing reduces the interest rate by 75 basis points to term SOFR + 3.00% from the previous...

Second Avenue Capital Partners (SACP), a Schottenstein affiliate, has closed a $20 million senior secured credit facility for Bouclair, a Canadian home décor and furnishings brand. This financing will enhance Bouclair's liquidity, support continued growth and expand wholesale opportunities. In...

Wingspire Capital provided a $30 million revolver to Digital Media Solutions. The transaction was made in conjunction with Digital Media Solutions’ emergence from Chapter 11 bankruptcy reorganization and the completion of a court-supervised sale of substantially all of its assets...

CIBC U.S. Asset Based Lending closed a senior credit facility to support New Water Capital Partners' acquisition of Dutch Gold Honey, as well as provide working capital to fuel the continuing growth of the business and a comprehensive suite of...