News

David Turner, chief financial officer of Regions Financial, will retire March 31 following a nearly 40-year career in auditing and finance, including 20 years of service at the bank. Regions Bank veteran Anil Chadha, who currently serves on Turner’s finance...

Rami Turayhi has joined Milbank’s New York office as a partner in the firm’s corporate/M&A group, with a focus on investment funds and asset management. “We warmly welcome Rami to Milbank,” Scott A. Edelman, chairman of Milbank, said. “Rami is...

Obra Capital, an asset management firm with a specialized approach to alternative investing, closed its third collateralized loan obligation (CLO) offering (Obra CLO 3) of over $450 million, to be managed by Obra CLO Management. Since launching its CLO platform in...

Lendscape appointed Brett Promisel as CEO following an extensive, global search process. Promisel joins Lendscape with more than 30 years’ experience leading global technology and financial services organizations, with a strong track record of driving growth, operational excellence and transformational...

Middle-market private companies in the Golub Capital Altman Index grew earnings by 3% year-over-year in the fourth quarter of 2025. Revenue grew 2% during the same period. Lawrence E. Golub, CEO of Golub Capital, said, “Middle market companies demonstrated steady...

First Business Bank’s asset-based lending team closed and funded $7 million credit facility to refinance existing debt and provide working capital for an established food distributor in Hawaii. “We’re pleased to provide this comprehensive refinancing solution for a well-established Hawaiian...

GreenPower Motor, a manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, closed the previously announced credit approval from CIBC for $5 million in...

KORE Capital, a provider of accounts receivable-based working capital solutions, extended a $1 million financing facility to support an entrepreneur returning to business after a period of significant personal loss and challenge. After losing both parents over a 16-month period,...

Eastern Bank advised Owen Security Solutions as its new commercial banking customer. Eastern is providing a comprehensive banking solution to support Owen Security’s working capital for growth initiatives, as well as a revolving line of credit and full suite of...

Barnes & Thornburg added Neil Begley to its New York office as a partner in its corporate department. Begley brings experience that further strengthens the firm’s distressed investing, special situations and private capital capabilities, particularly for clients operating in complex...