News

Globalworth has entered into a new €200 million ($2.2 million) revolving credit facility with a syndicate of its relationship banks and selected new lenders.

Fairstone Financial completed an optimization of its three-year revolving credit facility provided by a banking syndicate, comprised of leading Canadian and international banks.

FuelCell Energy completed a new, eight-year $200 million strategic corporate loan facility with Orion Energy Partners.

Novacyt has obtained a €5 million ($5.5 million) four-year term loan from Harbert European Growth.

Air Transport Services Group has extended its senior secured credit facility until November 30, 2024, expanded the facility’s revolver portion, consolidated and lowered its term loans, and reduced pricing to immediately lower interest cost.

TAB Bank provided a $3 million asset-based revolving credit facility for a commercial printing company in Illinois.

Citizens Commercial Banking provided a $138 million loan to Washington, D.C.-based DSC Partners for the acquisition of 28 office and industrial buildings in Montgomery County, MD.

Siena Lending Group increased its senior credit facility with Wells Fargo Bank to $312.5 million.

The Partnership Board at Grant Thornton has appointed Bradley J. Preber as the firm’s CEO.

Commercial Chapter 11 filings increased 25% in October 2019 over the previous month, according to data provided to the American Bankruptcy Institute by Epiq Systems.