News

Rosenthal & Rosenthal completed two separate factoring deals out of its Southeast office totaling $35 million.

According to Epiq, continuing the trend from August, commercial Chapter 11 filings in September were up 78% compared with September 2019, with 747 new filings vs. 420 during September of last year.

Charles Schwab completed its acquisition of TD Ameritrade. The integration of the two companies’ operations is expected to occur over the next 18 to 36 months.

Fast AR Funding provided a $150,000 selective recourse factoring facility without any contracts, minimums or start-up fees to a West Coast apparel brand that needed a factoring partner to support its growth in 2020.

Goldman Sachs BDC and Goldman Sachs Middle Market Lending obtained stockholder approval of all of the proposals related to the merger of the two companies.

Private Debt Investor named Alona Gornick, a principal on the senior loan origination team with Churchill Asset Management, a “Rising Star.” Gornick joined Churchill in 2016 and became the firm’s first full-time originator since its launch as a TIAA/Nuveen affiliate...

CIT’s maritime finance business served as sole lead arranger on a $70 million senior secured financing on behalf of International Container Company Holdings Limited.

Akorn, a specialty pharmaceutical company, completed its sale to its term loan lenders and exited Chapter 11 protection.

PwC’s recent report, “Securing your tomorrow, today – The future of financial services,” predicted that alternative providers of capital are on track to become an even more important part of the global financial system.

White Oak Global Advisors entered a formal partnership with the Sustainability Accounting Standards Board. This partnership will enable White Oak to incorporate SASB’s standards into its ESG research and underwriting processes for prospective credit issuance.