News

NEW YORK – First Citizens Bank announced that its Energy Finance division served as lead arranger for $133 million in financing to support Cypress Creek Renewables in developing the Destiny Storage project, a utility-scale, standalone battery energy storage system in...

WESTPORT, CT – Great Rock Capital, an asset-focused commercial finance company specializing in middle-market lending, has agented a $45 million senior secured revolving credit facility to support a sponsor-owned textile company. The financing, arranged in partnership with Wingspire Capital, will...

Bank of America has appointed Ruben Torres as president of its El Paso market, the company announced. Torres, a financial services veteran with 25 years of experience, will lead the bank’s local operations, focusing on client relationships and community engagement....

PHOENIX – Quarles & Brady, a national law firm, announced that Michael Fehser has rejoined the firm’s Phoenix office as a partner in the Business Law Practice Group. Fehser represents corporate clients, private equity funds, and privately held businesses in...

NEW YORK – CIT Commercial Services, a subsidiary of First Citizens Bank, has provided a $45 million non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region. The transaction was referred by Silicon Valley Bank,...

NEW YORK — Assembled Brands Capital, an asset-based lender for high-growth consumer brands, has closed a new growth line of credit with wildwonder, a standout brand in the rapidly expanding probiotic beverage market. The secured facility will provide the working...

PARSIPPANY, N.J. – Lincoln Educational Services Corporation (Nasdaq: LINC) announced an amendment to its secured credit agreement with Fifth Third Bank, National Association, increasing the aggregate principal borrowing amount from $40 million to $60 million. The expanded facility enhances financial...

BISMARCK, ND – March 10, 2025 – Knife River Corporation (NYSE: KNF) has entered into a First Amendment to its Credit Agreement, securing a total of $1.265 billion in senior secured credit facilities. The amendment, executed on March 7, 2025,...

NEW YORK – Clifford Chance has appointed Bryan Luchs as a partner in its U.S. Corporate M&A practice, enhancing the firm’s capabilities in healthcare and life sciences transactions. Luchs joins Clifford Chance from White & Case, bringing over 28 years...

HOUSTON – Dykema, a leading national law firm, has expanded its Houston office, adding seven attorneys across key practice areas. This significant expansion doubles the office’s headcount, reinforcing Dykema’s presence in energy, bankruptcy and restructuring, mergers and acquisitions, business taxation...