News

McEwen’s 46.3%-owned subsidiary, McEwen Copper, closed a $240 million senior secured 4-year term loan facility with a syndicate of lenders. Participants include Sprott Natural Resource Investment Partners for $112 million; Rob McEwen, chairman and chief owner of the company, for...

Perma-Pipe International, global provider of engineered piping and leak detection solutions for energy, infrastructure and industrial markets, closed a new global credit facility with J.P. Morgan consists of a $75 million revolving credit facility and a $14 million term loan...

Steward Partners, a full-service, employee-owned, independent financial services firm, completed the refinancing and expansion of its senior credit facility. The facility will support additional recruiting, acquisitions and other critical growth initiatives. The new facility is led by Blackstone Credit &...

Womble Bond Dickinson announced today that Mark Eckard has joined the firm’s finance, bankruptcy and restructuring group as a partner in the Wilmington office. Eckard represents debtors, creditors’ committees, secured lenders, directors and officers, landlords and unsecured creditors in the...

Percent, a platform powering modern private credit markets through access, liquidity and data, appointed Bina Shetty as chief commercial officer and Cecil Smart as chief credit officer, strengthening its leadership team as the company scales its asset management capabilities. Shetty...

Garrington Capital, a senior secured, asset-based lender to the middle market, provided a $2 million equipment financing facility to an oil and gas service entity operating in Nevada. The facility, sized at 80% of the appraised value of the company’s...

Earlypay completed a major technology transformation designed to make accessing and managing invoice finance simpler for Australian businesses and improve the experience for brokers referring their clients. As part of the program, Earlypay partnered with Lendscape, a global provider of...

eCapital, an AI-powered fintech company building the next generation of specialty finance, has provided an $11 million healthcare receivables financing facility to a nationwide pharmacy provider serving patients with complex treatment needs. The financing provides additional working capital to support...

BriteCap Financial, a technology-enabled small business capital platform, launched BriteCap Rise, a new financing experience built for the growing businesses generating momentum and reaching for their next chapter. Rise joins BriteCap Signature, the flagship program for established businesses, and BriteCap...

Loeb Term Solutions closed a $25 million senior secured revolving line of credit with Pinnacle Financial Partners subsidiary, Pinnacle Bank (d/b/a Synovus Bank). The facility expands Loeb’s capacity to fund equipment term loans for manufacturers and businesses that do not...