News

In its latest move to tame inflation, the Federal Reserve announced that it will raise the target range for the federal funds rate to between 3.75% and 4% on Wednesday, marking the sixth increase this year.

Monroe Capital closed a $502.5 million term debt securitization known as Monroe Capital MML CLO XIV, LTD. The term financing was Monroe's second new collateralized loan obligation completed in 2022 and is secured by a portfolio of middle-market senior secured...

According to U.S. Bank’s 2022 CFO Insights Report, finance leaders’ priorities have shifted as they work to help guide their firms through choppy waters, with risk identification among the most cited top priorities among survey respondents.

The Secured Lender named Solifi to its inaugural 2022 Great Places to Work list.

The shareholders of the GAC-FCA Joint Venture, Guangzhou Automobile Group and Stellantis, have approved a resolution authorizing the joint venture to file for bankruptcy, in a loss-making context.

U.S. Ski & Snowboard closed on an official partnership with Stifel Financial, a wealth management and investment banking company. Under terms of the agreement, Stifel will become the title sponsor of the Stifel U.S. Alpine Team.

Tolmar Pharmaceuticals, a fully integrated pharmaceutical company, through its affiliate, Tolmar, acquired of all rights to JATENZO from Clarus Therapeutics Holdings and its wholly-owned subsidiary Clarus Therapeutics.

Ares Management's credit group closed approximately $5.7 billion in U.S. direct lending commitments across 45 transactions during the third quarter of 2022 and approximately $32 billion in direct lending commitments across 251 transactions in the last 12-month period.

Phoenix Management’s “Lending Climate in America” survey results reveals the impact inflation is having on global economic conditions and consumer spending.

Horizon Technology Finance, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and sustainability industries, priced its loan securitization.