News

Pinnacle Bankshares and Virginia Bank Bankshares signed a definitive agreement to combine in a strategic merger.

McDermott International has received support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the company's funded debt, eliminating more than $4.6 billion of debt.

Abacus Finance Group served as administrative agent and sole lender for senior secured credit facilities to support the recapitalization of Custom Wheel House (CWH) by Thompson Street Capital Partners.

BHI’s Food & Beverage Group has arranged a $16.5 million credit facility for White Toque, an importer and distributor of European specialty fine foods.

On the Road Lending has received a loan of up to $10 million from the Goldman Sachs Urban Investment Group to fuel expansion of its successful initiative across underserved communities throughout the Southeastern U.S.

CIT Group’s Power and Energy unit arranged approximately $200 million in financing for a 76-megawatt portfolio of community solar projects in four states.

BMO Harris Bank’s Asset-Based Lending group is serving as administrative agent and sole lender on a senior secured ABL Revolver facility to support Juggernaut Capital Partners’ portfolio company Mitchell & Ness.

Alvarez & Marsal has named Jonathan Nus as a managing director in its Global Transaction Advisory Group (TAG) in New York.

Citizens Commercial Real Estate Finance team is providing a $53 million loan to National Development for the construction of 7INK, a 180-unit co-living residential project at the Ink Block development in Boston’s South End.

LBC Small Cap provided senior secured credit facilities and an equity co-investment to support the acquisition of TalentSmart by Seaside Equity Partners.