News

TD Community Development Corporation allocated new markets tax credits to the International African American Museum in Charleston, SC, to assist in its construction project and opening, resulting in an equity investment of more than $5.5 million from TD.

Versant Funding funded a $1.5 million non-recourse factoring facility for a national distributor of CBD-infused body care products.

Chaparral Energy emerged from Chapter 11 as a private, non-SEC filing company, completing its financial restructuring. The company equitized all $300 million of its unsecured 8.75% senior notes due 2023 and reduced its annual interest expense by more than $25...

PREIT, an operator of diverse retail and experiential destinations, reached an agreement with more than 80% of its bank lenders under which the banks will provide an additional $150 million to recapitalize the business and extend the company’s debt maturity...

Citizens M&A Advisory served as the exclusive financial advisor to EasyWorkforce Software Corporation, a workforce management software provider, on its growth equity investment from CFH Strategic Investment I.

Goldman Sachs BDC completed its merger with Goldman Sachs Middle Market Lending. BofA Securities and Dechert served as financial and legal advisors to Goldman Sachs BDC, while Morgan Stanley and Eversheds Sutherland served as the financial and legal advisors to Goldman...

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

St. Cloud Capital invested in Charlotte, NC-based Catawba Research. St. Cloud partnered with a financial investment firm to complete the transaction. The investment is out of St. Cloud's third fund, which has committed capital of $250 million.

HPD LendScape, an international secured lending platform vendor, has partnered with Emirates Development Bank to launch UAE's National Supply Chain Finance platform, providing UAE businesses access to working capital as they cope with pressures of the COVID-19 pandemic.

Business Capital provided construction financing for Idaho-based vineyard 3 Horse Ranch Vineyards. The credit facility will support a new winery that will increase production capability and revenue generating events.