News

Wilmington Trust expanded its loan agency services business, hiring Medita Vucic as head of U.S. Agency Loan Services and Antony Girling as senior relationship manager in London.

Alvarez & Marsal has expanded its Public Sector Services practice with the addition of Michael Carrasco as managing director in Houston and Jay Nagy as senior director in New York. _x000D_

Avcorp Industries entered into agreements to extend the term and increase certain credit facilities with its current lender and closed a new $3.5 million senior secured loan with Panta.

Patient-care financing firm AccessOne has closed a $225 million credit facility with PNC Bank.

Flowr has closed a $25 million credit facility from a syndicate of lenders led by ATB Financial and including Farm Credit Canada.

Six One Commodities has increased the borrowing base of its credit agreement with ABN AMRO Capital USA to $175 million, and ING Capital has joined the lender group.

Jay Gavigan has joined Morrison & Foerster’s New York office as a partner in its Lending and Financial Transactions Group.

GATE Energy expanded its credit facility with Prosperity Bank. _x000D_ _x000D_

Antares served as lead arranger and is acting as administrative agent for a senior secured credit facility to support ONCAP’s acquisition of Enertech Holdings._x000D_ _x000D_

David Konrad has joined D. A. Davidson’s institutional equity research team to provide analysis of Midwest regional and large national banking institutions.