News

Sixth Street Partners Co-Chief Investment Officer Josh Easterly is warning that shifting fundamentals within credit markets present risks that many investors are overlooking. In a Bloomberg Television interview, Easterly attributed this problem to a mismatch between capital pouring into the private...

Franklin Electric Co., Inc. (NASDAQ:FELE) has finalized an amendment to its credit agreement, extending the maturity date to May 14, 2030, while maintaining its revolving commitment at $350 million, according to an 8-K filing with the Securities and Exchange Commission. The...

King Trade Capital closed a $1.8 million purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract.   The client approached King Trade Capital seeking a fast and flexible finance solution...

Ontrak, Inc. (NASDAQ: OTRK), a leading value-based behavioral healthcare company powered by proprietary AI and engagement technology, announced it has secured a $10 million financing commitment from Acuitas Capital, LLC. This financing commitment will support Ontrak's continued growth and innovation in delivering...

Blank Rome LLP is pleased to announce that K. Terrell Hutchins has joined the firm's New York office as an associate in the Finance, Restructuring, and Bankruptcy group. He joins the firm from Otterbourg P.C. Terrell focuses his practice on specialty financing,...

SAN FRANCISCO — Finley, a provider of debt capital software solutions, has launched enhanced Monthly Servicer Reporting (MSR) capabilities to streamline asset-based lending transactions and reduce the burden on corporate finance teams. The new functionality, announced May 21, is integrated...

A surge in new AI projects has reportedly been good news for the private credit sector. Tech companies need funding to build data centers for their artificial intelligence (AI) models, an effort that could require more than $1.8 trillion in...

LOS ANGELES, May 19, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services company, today announced that Scott Yessner has been appointed Chief Financial Officer, effective June 3, 2025. Mr. Yessner,...

PHOENIX, May 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Lendflow, a software development company that provides embedded credit infrastructure to...

Monroe Capital has entered into a $250 million forward flow partnership with Source One Financial Services LLC to originate and purchase consumer recreational vehicle and marine loans. The transaction will be financed through a revolving credit facility secured with Canadian...