News

IOU Financial, an online lender to small businesses has modified and extended its $22 million secured credit facility with MidCap Financial until December 31, 2022.

Franchise Group has completed an agreement to acquire American Freight in an all cash transaction valued at approximately $450 million from an affiliate of The Jordan Company.

MidCap Business Credit provided a $2.75 million asset-based facility to New England Natural Bakers.

Emerge Energy entered into a senior secured asset-based revolving credit and security agreement of up to $100 million with HPS Investment Partners as administrative agent and collateral agent.

Zedcor Energy has amended its loan and security agreement with Maynbridge Capital to extend the maturity date March 25, 2021 in the principal amount of $12,107,975.

Zegona has extended its existing £30 million ($40 million) credit facility with Barclays to March 15, 2020.

Hasbro has completed its acquisition of Entertainment One in a $3.83 billion transaction.

S&W Seed closed a new $35 million asset-based revolving credit facility with CIBC Bank USA.

Misonix amended its existing credit facility with SWK Funding to provide an additional $5 million of term loans and closed a new $20 million revolving credit facility with Silicon Valley Bank.

Covia took a series of actions to improve its financial flexibility, including a commitment from PNC Bank for a new three-year year credit facility for up to $85 million.