News

Limited Activity During Pre-FOMC Quiet Period with Focus on Asset-Based Lending The middle market debt landscape during the week ending June 15, 2025, was characterized by a typical pre-FOMC quiet period, with limited new transaction announcements and market participants focusing...

WhiteHawk Capital Partners has provided a $70 million senior secured term loan to an online grocer focused on providing fresh, high-quality and locally sourced products to customers. The financing provides additional flexibility to support future growth. “We are pleased to...

Sunnova Energy International received approval for a series of strategic transactions intended to support a value-maximizing sale process as part of its ongoing Chapter 11 proceedings. This announcement marks an important next step following the company’s, and certain of its...

Hyper Valuation Services (HVS), a division of HyperAMS, hired Mark Stevens as managing director of the newly launched diligence services division, which now provides clients with an expanded range of complementary collateral monitoring services. In his new role at HVS,...

Carnival Corporation has successfully arranged a new $4.5 billion multi-currency revolving credit facility. The new revolver matures in June 2030 and will replace the existing multi-currency revolving credit facility of Carnival Holdings (Bermuda) II Limited, a subsidiary of Carnival Corporation....

Lawrence Jasper has joined GA Group as a managing director, bringing his deep expertise to help lead and expand the company’s growing field exam practice. Lawrence has over 27 years of expertise in asset-based lending (ABL) diligence, with 19 years...

First National Capital Corporation (FNCC) published its research report, “ERP Financing Trends & Benchmarks 2025,” aimed at providing organizations with critical insights into emerging financing strategies for enterprise resource planning implementations. The research, based on data from 250+ recent ERP...

Mercuria Energy Trading closed its $3.5 billion multicurrency revolving credit facilities. Mercuria mandated Crédit Agricole Corporate and Investment Bank, Coöperatieve Rabobank, ING Bank, Natixis, Société Générale, UBS Switzerland, UniCredit Bank, Bank of China (London branch), Emirates NBD Bank (London branch), First Abu Dhabi Bank, Industrial...

UMB Financial, a financial services company, will redeem all outstanding shares of the company’s 7.00% fixed-rate reset non-cumulative perpetual preferred stock, Series A, $0.01 par value per share. All 11,500 outstanding shares of the Series A preferred stock will be...

Triumph Financial launched its evolved brand identity and tagline, Triumph. The move brings together its transportation-focused brands — TriumphPay, Triumph Factoring, ISO and Triumph Financial — under a single brand name. “While we’ve operated under multiple brand names, the industry...