News

Jupiter Power, a developer and operator of utility-scale battery energy storage systems (BESS), has closed a $500 million senior secured green revolving loan and letter of credit facility, upsizing the company’s existing $225 million facility originally closed in September 2024....

JPalmer Collective (JPC), an asset-based lending firm committed to funding high-growth, women-led companies, closed a $1.5 million debt facility to Wildfang, a bold, purpose-driven apparel brand built to be “a home for badass women everywhere.” “This financing is a meaningful...

Bond Street REIT closed a revolving credit facility with total commitments of $100 million in December 2025. An accordion feature permits the company to increase total commitments up to $600 million. JPMorgan Chase Bank leads the syndicated facility as lead...

Oil States International entered into an amended and restated credit agreement which provides for total commitments of $125 million, consisting of a $75 million revolving credit facility and a $50 million multi-draw term loan facility, which will be available to...

The boards of directors of First Financial Bankshares and First Financial Bank promoted David Bailey to CEO of both entities. The position was previously held by F. Scott Dueser, who will continue to serve as executive chairman of the boards....

Gunjan Kedia, CEO and president of U.S. Bancorp, parent company of U.S. Bank, has been appointed chairman of its board of directors, effective immediately following the annual meeting of shareholders in April 2026. Andy Cecere, the current executive chairman, will...

Lassen Peak completed debt and equity financings totaling over $10 million. The financings were led by Structural Capital, a Menlo Park, California growth-focused venture and private credit firm. In addition to Structural Capital’s venture debt financing, existing shareholders provided additional...

Utica closed an $11 million capital lease for a vertically integrated construction, trucking, turf-farming and materials group operating throughout the mid-Atlantic region. Secured by a broad pool of heavy equipment including trucks, trailers, dozers, excavators, graders, loaders and turf-farm machinery,...

Flagstar Bank opened its newest private client office in New York City. The new location marks a major milestone in the bank’s strategic expansion and is designed to foster collaboration and strengthen client relationships. “New York City has long been...

Provident Bank, a New Jersey-based financial institution, recently awarded an additional $50,000 in grants to five non-profit organizations as part of the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant (SBRG) Program. The SBRG Program provides...