News

Leland Capital provided a $200,000 work-in-progress facility to an electronic parts manufacturer based in Vermont. The facility is expandable to $400,000.

Murray Energy and certain of its subsidiaries filed a Chapter 11 petition as part of a restructuring support agreement with an ad hoc lender group holding more than 60% of the approximately $1.7 billion in claims under the company’s superpriority...

North Mill Capital provided a $1.5 million revolving line of credit and a $450,000 equipment term loan to D.A. Distribution.

City National Bank has opened three new U.S. locations: a new full-service banking office in Hollywood, CA; its first entertainment banking office in Miami, and its first full-service regional center on Long Island, NY.

Ares Commercial Finance has provided a senior secured credit facility to Saylite Holdings and its subsidiaries.

Ethan Klingsberg and a team of leading M&A, governance and litigation lawyers have joined Freshfields Bruckhaus Deringer’s New York office.

R. Timothy Bryan has joined Shulman Rogers as chair of the Commercial Finance Practice.

LBC Credit Partners provided senior secured credit facilities to support the refinancing of Sciens Building Solutions and the add-on acquisition of SmartWatch Security & Sound.

Sallyport Commercial Finance provided a $500,000 accounts receivable facility to a company that specializes in servicing, maintaining and repairing generators.

Oxford Finance closed a term loan for a portfolio company of Skyway Group that will be managed by Mission Health Communities. The funds will be used for the acquisition of 15 skilled nursing facilities in Kansas.