News

Varagon Capital Partners, a direct lender to middle market companies, has entered into a definitive agreement to form a new strategic partnership with Aflac Global Investments and is extending its existing strategic partnership with American International Group.

J D Factors has promoted J D Factors has promoted Tina Capobianco and Matthew Johnson.

Old Hill Partners provided a $5 million senior secured revolving-to-term credit facility to a specialty finance company that funds small businesses in the form of merchant cash advances.

Bridge Bank extended a $4 million credit facility to H Code Media, a technology platform offering a full suite of integrated marketing and media solutions for the U.S. Hispanic market.

Lazard Asset Management has launched the Lazard Global Thematic Focus Fund to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world.

Fifth Third Business Capital acted as sole lender and administrative agent on the funding of a senior credit facility to Alco Products.

SSG Capital Advisors acted as investment banker to Philadelphia Academic Health System (PAHS) and its operating subsidiaries St. Christopher's Healthcare in the sale of substantially all their assets to an affiliate of Tower Health and Drexel University.

Citizens Commercial Banking led a new credit facility for Liberty Hall Capital Partners portfolio company Bromford Industries.

CBAM Partners closed of a new $60 million credit facility led by RBC Capital Markets as lead arranger and sole bookrunner with lenders Royal Bank of Canada as administrative agent and Barclays Bank as syndication agent.

Xerox Holdings sent a letter to the board of directors of HP confirming that it has obtained $24 billion in binding financing commitments from Citi, Mizuho and Bank of America to complete its value-creating combination with HP.