News

Culain Capital Funding provided a $3 million accounts receivable factoring facility to a mechanical services company based in New York.

MidFirst Business Credit recently provided a working capital facility to Custom Equipment, a designer and manufacturer of scissor lifts that can accommodate various end-user environments.

Caesars Entertainment announced the pricing of its previously announced offering of $1.5 billion aggregate principal amount of senior secured notes. Concurrently, the company expects to secure a $2.9 billion senior secured term loan facility.

Benefit Street Partners closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy.

FTI Consulting’s 2024 Leveraged Loan Market Survey found that cautious optimism prevails among lenders after a challenging year, with 45% of respondents believing that the probability of a U.S. recession is minor compared to last year when only 29% had...

SG Credit Partners, through its SG software and technology division, annkunced a senior debt investment in AudioEye, a company in the digital accessibility space.

Stellus Capital Management’s affiliates provided senior debt financing and an equity co-investment in support of Interlock Equity’s investment in evolv Consulting, a data-driven digital consulting firm.

Second Wind Consultants facilitated an eight times recovery for Byline Bank through an Article 9 restructuring of a Texas-based ophthalmological testing and research facility.

Principal Asset Management's direct lending investment team, known as Principal Alternative Credit, has closed on more than 115 transactions as of Dec. 31, 2023, and has exceeded $2 billion in total borrower commitments since its inception in July 2020.

Gibraltar Equipment Finance closed a $1.75 million equipment lease to support an electric utility infrastructure services company. The new capital equipment facility will support the company’s recent geographical footprint expansion.