News

NXT Capital provided a senior credit facility to support Cortec Group’s recapitalization of Aspen Medical Products.

The Wall Street Journal reported that space sharing company WeWork is seeking to raise between as much as $10 billion through a debt facility before launching its IPO.

Citizens Commercial Banking led a new credit facility for UK-based Bromford Industries to support the acquisition of Accrofab. Citizens is the sole lead arranger._x000D_ _x000D_

Abacus Finance Group served as administrative agent and sole lead arranger for senior secured credit facilities to support the recapitalization of Let’s Pave by Saw Mill Capital.

Finitive closed a $100 million senior secured warehouse line of credit for its client, Platinum Auto of Tampa Bay, FL.

Tree Line Capital Partners, served as lead arranger and administrative agent for a first lien credit facility, consisting of a revolver, term loan and accordion for Advice Media.

XpresSpa Group has improved its capital structure and significantly strengthened its financial condition through a series of debt and equity transactions, including increasing its credit facility to $7 million.

Wolf, Rifkin, Shapiro, Schulman & Rabkin has added corporate attorney Eli Shahmoon to its Los Angeles team._x000D_ _x000D_

Castleton Commodities closed two credit facilities totaling $2.775 billion. The facilities include a committed borrowing base facility and a committed unsecured revolving credit facility.

Angelee J. Harris has joined Opus Bank as EVP, general counsel and has been appointed to Opus’ executive committee. _x000D_ _x000D_