News

According to Biz2Credit’s Women-Owned Business Study, earnings for small businesses owned by women remained steady in 2023 while average annual revenue for businesses owned by women increased 15.5%.

The median ratio of operating expenses compared to total revenues for companies rated BBB- or higher rose to 83.7% in the fourth quarter of 2023 from 82.2% in the third quarter, according to the latest data from S&P Global Market...

SG Credit Partners, through its SG Software + Technology division, partnered with PrepMD, a cardiac healthcare solutions company, to provide a senior debt investment in the company.

BowFlex initiated a Chapter 11 bankruptcy proceeding in the U.S. Bankruptcy Court for the District of New Jersey. As part of the filing, BowFlex secured a $25 million facility for debtor-in-possession financing from SLR Credit Solutions.

Commercial Chapter 11 bankruptcy filings climbed 118% year over year in February 2024, with the 822 filings during the month comparing to the 377 filings in February 2023, according to Epiq Bankruptcy.

Monroe Capital was selected as the recipient of two separate awards from Private Debt Investor, including the 2023 Lower Mid-Market Lender of the Year and CLO Manager of the Year (Americas) honors.

Ares Management launched Ansley Park Capital, a newly-formed lending and specialty finance company that will deliver financing solutions for essential-use, large-ticket equipment. Ansley Park Capital’s management team and integrated operating platform were added from BciCapital.

Arkhouse Management and Brigade Capital Management submitted a revised, unsolicited, non-binding proposal to acquire all of the outstanding shares of Macy’s for $24 per share in cash.

According to Solifi's 2024 Global Leasing Report, global growth in the leasing industry is forecast to decrease to 2.9% in 2024, which is below the historical average of 3.8%.

Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status and 28 months of growth prior to that, according to the latest Manufacturing ISM Report on Business from the Institute...