News

Provident Bank, a New Jersey-based financial institution, appointed Annamaria Vitelli to executive vice president, chief wealth officer of Provident Bank and president of Beacon Trust. In her new role, Vitelli will lead the strategic direction and growth of Provident Bank’s...

Doug Woolley, executive vice president and chief credit officer, plans to retire from Atlantic Union Bank effective April 1, 2027. Woolley will continue to serve in his current role until the earlier of his successor’s appointment or the date of...

Gordon Brothers, the global asset experts, is introducing a rare market opportunity for GCC-based manufacturers, metal fabricators, EPC contractors and defence sector companies to rapidly expand in-country manufacturing and repair capabilities through a major online sale of heavy fabrication and...

Banco Plata secured $300 million from Oaktree, Macquarie Group, Fasanara Capital and Banco Covalto under the Nomura-led private credit facility, up to $500 million. These funds add to the original commitment by Nomura. This transaction will further fuel the company’s...

AIP Capital, an alternative investment manager focused on opportunities in asset-based finance, has expanded its team, appointing Matt Stevens as managing director to lead AIP’s commercial efforts in the Americas. “We are excited to formally announce Matt joining to bolster...

The direct lending business of Silver Point Capital, a global company in credit investing, participated in the term loan facility supporting the acquisition of Signal Peak Silica, a manufacturer and reseller of high-quality local proppant, by Iron Oak Energy Solutions,...

DHT entered into a new $250 million reducing revolving credit facility. The facility has a seven-year tenor and bears interest at SOFR plus a margin of 135 basis points. It has a final maturity in June 2033 and a 20-year...

Abacus Finance Group, a provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies, served as senior secured credit facilities administrative agent and lead arranger to support SBJ Capital’s strategic investment in 3B International, a global fragrance...

Eastern Bank provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP),...

Pinnacle Bank, headquartered in Gilroy, CA, appointed Mark Roach as executive vice president, senior lending officer. “We are very excited to have Mark Roach join Pinnacle Bank as a senior lending officer and look forward to his contributions to the...