News

KBRA released its 2025 Structured Credit Sector Outlook, which discusses structured credit issuance and themes for transactions and leveraged loans in 2024, as well as tailwinds and headwinds for issuance and performance next year.

Golub Capital BDC, a business development company, planned a series of debt funding structure initiatives expected to reduce GBDC’s prospective borrowing costs and provide additional investment flexibility.

Express Trade Capital partnered with Lendscape to leverage the technology provider’s platform with the goal of strengthening its financial operations and enhancing its ability to offer flexible financial solutions.

Solifi has received an accolade for ESG Portfolio Strategist in the Digital Innovation of the Year – ESG category at Leasing Life Awards 2024. Taking place in Milan, Italy on Nov. 14, the awards celebrate innovation and talent in the...

Republic Business Credit provided $250,000 in funds to an East Coast temporary staffing firm. By partnering with Republic, the temporary staffing company was able to unlock the necessary working capital to meet all its payroll needs so it could focus...

Spirit Airlines entered into a restructuring support agreement (RSA) supported by a supermajority of Spirit’s bondholders on the terms of a balance sheet restructuring. To implement the RSA, the company has commenced a prearranged chapter 11 process.

Asset based lender Ultimate Finance made an enhancement to its working capital proposition by increasing its maximum cashflow loan size to £500k as part of a wider asset-based facility.

SSG Capital Advisors served as the investment banker to Trugman-Nash, a subsidiary of Allied Dairy Products, in the sale of 100% of its equity ownership interests to Arthur Schuman, d/b/a Schuman Cheese. The transaction closed in October 2024.

Winston & Strawn guided Court Square Capital Partners, a New York-based private equity firm, in reaching a definitive agreement to sell Advanced Diabetes Supply Group to Cardinal Health for $1.1 billion.

Sterling Investment Partners acquired PROtect, a provider of safety, reliability and compliance services. Houlihan Lokey acted as sell side advisor. Dechert and Seyfarth Shaw acted as legal counsel and Alvarez & Marsal acted as tax advisor on behalf of Sterling.