News

The International Factoring Association (IFA) added six new members to its advisory board for a two-year term. The advisory board plays a pivotal role in the IFA’s operations, offering strategic counsel and specialized knowledge to increase the public’s awareness on...

Winston & Strawn hired Jonathan Levine within its New York office as a partner in the firm’s transactions department and a member of the restructuring practice. Levine counsels clients on a wide range of corporate matters, with a focus on...

Matrix Capital Markets Group advised Cary Oil and its affiliates on the sale of its Breeze Thru Markets convenience retail business to Sampson-Bladen Oil. Following the divestment of its chain of 15 Breeze Thru branded convenience stores, Cary will continue...

Wolfspeed, as part of its efforts to proactively strengthen its capital structure, it entered into a restructuring support agreement (RSA) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics’ wholly owned...

Wingspire Capital provided a $50 million senior secured credit facility to Accuray Incorporated that includes a $20 million revolver and a $30 million term loan, with proceeds being used to replace a previous debt facility and for general corporate purposes....

MidCap Business Credit (MBC) closed a $16 million asset-based revolving and term loan credit facility for a privately held frac sand manufacturer based in the Midwest. The credit facility will be used to support the company’s working capital needs and...

Trinity Capital, an alternative asset manager, committed $15 million in growth capital to K2view, an enterprise data management innovator powering operational data products for generative AI. “K2view is at the forefront of solving a critical bottleneck in the enterprise adoption...

Vultr, a privately-held cloud infrastructure company, closed a $255 million syndicated credit facility including a $35 million uncommitted accordion, in addition to $74 million of recently-closed lease financing, for a total of $329 million of credit financing. The syndicated credit...

Morgan Stanley Capital Partners (MSCP), the middle market private equity buyout team within Morgan Stanley Investment Management, closed North Haven Capital Partners VIII (NHCP VIII or Fund VIII) with total capital commitments of approximately $3.2 billion. Fund VIII was oversubscribed,...

Altriarch Asset Management announced the closing of a $15 million senior secured revolving credit facility for Bigfoot Capital. The facility includes a $10 million accordion feature, allowing for expansion up to $25 million. Founded in 2017, and based in Denver,...