News

Andover Lending, a platform that seeks to originate non-recourse financing for self-storage sponsors nationally, provided a $21 million construction loan to a joint venture between LaTerra Development and Platinum Storage. The loan will fund the redevelopment of a former retail...

Satellite communications company Ligado Networks has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware as part of a pre-arranged restructuring plan. The company, grappling with a significant debt burden, has also secured...

Willow Tree Credit Partners, a private credit alternatives firm, closed Willow Tree CLO II, a $502.3 million collateralized loan obligation (CLO). This is Willow Tree’s second CLO, closing within two months of its first CLO. The CLO will be managed...

Federal Reserve officials are signaling a pause in interest rate cuts, citing uncertainties surrounding inflation and potential tariff increases under President-elect Donald Trump, according to minutes from the central bank’s December policy meeting, as reported by The Wall Street Journal...

Linea Energy, a renewables-focused developer and independent power producer that is sponsored by EnCap Investments, closed project debt financing for its Pineview Solar project, a 109MWdc utility-scale solar energy facility located in Wilcox County, Georgia. The Pineview debt financing comprises...

Middle market private companies in the Golub Capital Altman Index grew earnings by 9% during the first two months of the fourth quarter of 2024. Revenue grew 6% during the same period. “Revenue and earnings growth remained strong for companies...

Abacus Finance Group served as administrative agent and sole lender in the leveraged buyout of Motion Sensors by Sentech, a portfolio company of Astor Place Holdings. “The Abacus team quickly understood Sentech’s business model and provided the certainty we needed...

Huntington National Bank’s commercial banking segment continues to expand its corporate, specialty and government banking business with the addition of two industry verticals: the financial institutions group and the aerospace and defense group. The new verticals are part of Huntington...

Bonaccord Capital Partners, a private equity business focused on providing growth capital and strategic support to middle-market private markets sponsors, and strategy of P10, a private markets solutions provider, closed on its second GP Stakes fund, Bonaccord Capital Partners II,...

Horizon Technology Finance, an affiliate of Monroe Capital and a specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services and sustainability industries, provided a...