News

Monroe Capital closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of Dec. 31, 2021.

Crestmark, the commercial finance division of MetaBank, secured a total of $3,291,085 in asset-based lending and factoring solutions for 14 new clients in the first half of February.

Clifford Chance advised on the issuance of $400 million senior unsecured notes offering by Oxford Finance and its wholly-owned subsidiary and co-issuer, Oxford Finance Co-Issuer II.

J D Factors recently provided $1.95 million in factoring facilities to 10 clients, including $300,000 to a transportation company in Illinois.

Yieldstreet launched its growth and income REIT, giving investors greater access to the booming multibillion-dollar U.S. housing market.

Drip Capital, a cross-border digital trade finance platform, collaborated with CARGOES Finance By DP World, a platform enabling rapid and seamless access to working capital for emerging-market small and medium-sized enterprises.

According to FTI Consulting, nearly half of respondents (47%) expect slightly higher workout activity in 2022, with another 35% expecting 2022 workout levels to be approximately equal to 2021.

CIFC Asset Management partnered with the deal parties of its latest CLO, CIFC Funding 2022-II, to make a collective contribution of more than $225,000 to the TEAK Fellowship.

Bain Capital Credit’s private credit group invested $2.7 billion to support the growth of middle-market and private equity-backed companies in 2021.

Seadrill expected to emerge from the Chapter 11 bankruptcy process this month, likely prior to the end of this week. Seadrill’s Chapter 11 plan of reorganization was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on...