News

Silver Point Capital, a global credit investing firm, closed a Silver Point Specialty Credit Fund III, the latest fund in Silver Point's 21-year-old direct lending franchise. The total capital raised for Specialty Credit Fund III (with anticipated leverage) surpassed $8.5...

EverBank opened its first West Coast financial center in Encino, CA. The financial center growth in California is led by Patrick Nygren, head of retail banking, along with regional manager Brian Gilpatrick.

Bain Capital completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised to $9 billion. On a global scale, Special Situations pursues both structural and cyclical opportunities across three primary investment strategies.

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.