News

Dwight Funding completed new transactions totaling $17.5 million in Q2/19.

Allied Affiliated Funding, a division of Axiom Bank, provided $3 million in receivables and inventory financing to an Illinois-based graphics company.

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $66 million senior credit facility for GMF Capital.

CIT Group served as sole lead arranger of a $60 million financing for Carolina Restaurant Group (CRG), operators of 108 Wendy’s restaurant franchises across North Carolina and South Carolina.

Business Capital structured and delivered a multi-tranche credit facility, including an equipment term loan, for Everett Graphics and a revolving line of credit for its subsidiary, Tahoe Paperboard. _x000D_ _x000D_

Great Rock Capital closed a $50 million senior secured credit facility for an environmental restoration, land reclamation and construction business.

TAB Bank provided a $10 million asset-based revolving credit facility for a drone manufacturing company located in California.

LBC Credit Partners increased the Albireo Energy credit facility to support the acquisition of Alabama Controls. _x000D_ _x000D_

The Wall Street Journal reported Barneys New York has received approval from senior lenders Wells Fargo and TPG to request junior loans from Hilco and Gordon Brothers as it prepares to file for Chapter 11 protection.

Stacey T. Kern has joined Eversheds Sutherland as a partner in the M&A and Private Capital teams within the firm’s Corporate Practice Group. _x000D_ _x000D_ _x000D_ _x000D_