News

The American Bankruptcy Institute (ABI) launched its Global Circle Program, an exclusive initiative designed to recognize firms seeking to elevate their profile among insolvency, restructuring and bankruptcy professionals. Through visibility, strategic networking opportunities and year-round engagement with an influential international...

Valley National Bancorp and Providence Financial entered into a definitive merger agreement whereby Valley will acquire Providence, parent company of Providence Bank & Trust. The acquisition is a continuation of Valley’s recent investments to accelerate retail and small business growth,...

Truist Financial named Shirley Morejon regional president of Tennessee. Morejon replaces Johnny Moore, who was recently named head of commercial banking integration to focus on strengthening and scaling partnerships across Truist’s commercial banking, wealth management and wholesale payments businesses to...

Archway FinCo, a national private credit firm providing tailored capital solutions to middle-market companies, added Mark Pickering as managing director, further strengthening Archway’s asset-based lending capabilities and expanding the depth of experience available to its clients and referral partners. Pickering...

SB360 Capital Partners and Tiger Group have been approved by the U.S. Bankruptcy Court for the District of Delaware to market and sell the inventory and certain other assets of BFG Supply Co., a wholesale distributor serving the lawn and...

A New Jersey-based manufacturer of bed frames has secured a $3 million invoice financing facility from Prestige Capital to support working capital needs as the company navigates a period of operational and financial recovery. Faced with significant revenue disruption stemming...

B. Riley Securities, a full-service investment bank, served as joint bookrunner on a $310 million private placement of 5.00% convertible senior notes due 2032 for WhiteFiber, an AI infrastructure solutions provider. The offering was upsized from an initial $250 million...

Bond Street Investment Trust closed a $200 million increase to its revolving credit facility, bringing total commitments to $300 million. The upsize was completed under the accordion feature of Bond Street’s credit agreement, which was executed seven months prior and...

Cushman & Wakefield added Steve Klein to its equity, debt and structured finance team as managing director and loan restructuring practice lead. Klein will oversee the firm’s loan restructuring practice, focusing on identifying and executing restructuring solutions for distressed and...

Justin Hewett has joined Mayer Brown in Houston as a partner in its Global Leveraged Finance and Private Capital Group. He joins from DLA Piper. Hewett’s arrival marks Mayer Brown’s continued growth and expansion into Texas. “We are delighted to...