News

The Hedaya Capital Group formed a partnership with a New York-based apparel wholesaler through a new credit and collections factoring facility. The facility effectively outsources the company's credit and accounts receivable department to Hedaya, enabling the business to focus on...

Asset-based and secured lending again set the week’s tone, told through where mandates moved and how paper repriced rather than through headline deal volume. Resources Connection replaced a Bank of America line with a new PNC-agented, borrowing-base asset-based revolver of...

Canal Road Group (CRG) expanded its strategic relationship with SMBC as the bank makes an equity commitment to CRG’s direct lending strategy that will unlock up to $225 million in additional investable capital. The commitment will increase CRG’s investment capacity...

AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, and Monroe Capital, an asset management firm specializing in private credit markets and asset-based finance, closed an inaugural aircraft asset-backed securitization (ABS) financing, MC Aviation 2026-1 (MCAV 2026-1)...

Empire Asset Finance closed its first institutional warehouse credit facility with Bank OZK. The facility represents a significant milestone for Empire as it expands its capital markets and direct origination capabilities and enhances its ability to deliver equipment financing solutions...

Kestra Medical Technologies, a wearable medical device and digital healthcare company, entered into a five-year term loan facility with funds managed by Pharmakon Advisors. The non-dilutive financing consists of: $75 million tranche funded at closing, a portion of which was...

BB Energy Group, known as BB Energy, a globally integrated energy trading group, signed its global flagship $272.5 million one-year revolving credit facility (RCF). The RCF will be used to refinance the maturing facility signed in July 2025, as well...

First Horizon Bank promoted Catherine Wood has been promoted to senior vice president, head of commercial banking strategy. Wood has served as a Raleigh-based banking leader for more than 15 years. In her new role, she will lead the corporate...

Ashurst Perkins Coie added Ryan Gaglio to its tax practice as a partner in Los Angeles. Gaglio advises private equity sponsors, emerging growth companies, venture capital investors and public companies on the tax aspects of complex M&A and other strategic...

Centerra Gold and its syndicate of lenders have entered into an amendment to extend and increase its revolving credit facility on more favorable terms. The credit facility has a term of four years, maturing on July 15, 2030, and the...