News

CVC Credit priced Apidos XLII (Apidos 42), a collateralized loan obligation (CLO) fund totaling C$550 million ($405.5 million) and arranged by Barclays.

Solifi, a financial technology software partner for the secured finance industry, released the latest version of Solifi Originations for European equipment and automotive finance lenders.

Rosenthal & Rosenthal completed a six-figure trade receivables finance program for a manufacturing company that sells thermal products into the Asia-Pacific region.

Wells Fargo Investment Institute released its 2023 outlook report, which outlines its expectations for a recession in the first half of 2023, recovery around mid-year and a rebound that gains strength into year-end.

Finastra research revealed views on open banking in the United States have matured over the last year, with 68% of respondents considering it either a 'must have' or 'important', up from 48% last year.

SSG Capital Advisors acted as the investment banker to David W. Carickhoff, Jr., Esq., the Chapter 7 Trustee of Electric Last Mile Solutions and its subsidiary, Electric Last Mile, in the sale of substantially all assets to Mullen Automotive for...

Winc and its subsidiaries initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Bankruptcy Court granted the company interim approval to enter into a debtor-in-possession facility comprising a $5 million term loan.

Regions Bank created a franchise lending team led by industry veteran Peter Salas. Salas and his team will focus on helping drive business sustainability and expansion through specialization in franchise concepts.

Tidal Financial Group, an ETF investment and technology platform, listed Senior Secured Credit Opportunities ETF, an actively managed secured credit fund managed by Gateway Credit Partners.

400 Capital Management, an alternative credit asset manager specializing in structured credit with over $5.7 billion of capital under management, closed its Asset-Based Term Fund III.