News

Global law firm Clifford Chance has appointed Peter Isajiw as a partner in its litigation and dispute resolution team as the firm expands its commercial and securities litigation offering in the U.S. and globally. Isajiw, who joins Clifford Chance from...

Garda World Security, a corporation focused on building global champions in security services, AI-enabled security technology, integrated risk management and cash automation solutions, closed a repricing amendment to its existing $2.3 billion term B credit facilities. The amendment provides for...

Breakout Finance, a provider of tailored working capital solutions, is celebrating its fifth consecutive year of growth in term loan originations. Since its inception in 2015, the company has originated more than $500 million in loans for borrowers in nearly...

Winston & Strawn hired Aparna Sehgal in the firm’s transactions department as a partner in the London office and a member of the structured finance practice. Sehgal will shortly be joined at Winston by a real estate of counsel who...

Eclipse Business Capital (EBC) upsized its primary asset-based lending facility to $1.895 billion. The upsize, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with the firm’s outlook for growth in 2025 and beyond. “We’re privileged...

Encina Lender Finance provided a $46 million “first-out” commitment in partnership with a structured credit fund. The facility is secured by a pool of unsecured consumer installment loans.

The Consumer Financial Protection Bureau (CFPB) has suspended its supervisory activities and closed its headquarters following directives from newly appointed Acting Director Russell Vought. The Associated Press reported that in an email to staff on Saturday, February 8, Vought instructed...

Peapack-Gladstone Financial and Peapack Private Bank hired John Soffronoff as enterprise risk and compliance officer responsible for developing and maintaining effective, efficient and scalable risk management and compliance programs commensurate with Peapack Private’s growth and strategy objectives. Soffronoff brings 35...

TriState Capital Bank hired Brad Eidmann, CFA as senior vice president, relationship manager. Eidmann is responsible for establishing lending relationships, new-business development and market growth in the Midwest. “Brad’s extensive experience in building trusted relationships with financial advisors and high-net-worth...

KBRA released a report exploring the mechanics, benefits and challenges of revolving credit facilities (RCF) within the structured credit market. Low-levered RCFs, often executed privately, have become a common tool in the rated structured credit universe. RCFs are a flexible...