News

Total U.S. bankruptcy filings increased 3% in July 2019 from July 2018, according to data from the American Bankruptcy Institute, provided by Epiq Systems.

BMO’s Technology and Innovation Banking group has provided Kony with $37 million in debt financing, including $10 million of new financing.

Sallyport Commercial Finance closed a $1 million accounts receivable facility for an industrial machining company targeting the aerospace and commercial sectors in the Pacific Northwest.

Torex Gold Resources’ subsidiary Minera Media Luna amended its credit agreement with Bank of Montreal, BNP Paribas, ING Bank, Dublin Branch, Société Générale and the Bank of Nova Scotia in connection with a secured $335 million debt facility.

Resverlogix amended its agreement with Third Eye as administrative agent to extend the maturity date of the its senior secured term loan to September 16, 2019 and reduce the principal to $11.5 million.

Breakout Capital completed a senior secured credit facility with Medalist Partners and will resume business as a fintech lender to small businesses.

ALJ Regional Holdings acquired Realtime Digital Innovations, closed an equity private placement and amended its credit agreement with PNC Bank as administrative agent.

Capital Southwest supported DFW Capital Partners recapitalization of Vertex Business Services with first lien financing and an equity co-investment.

Holland & Hart has added partner Tim Crisp to its Commercial Finance practice.

Keywords Studios closed a €140 million ($155 million) revolving credit facility with a bank group including Barclays, Citibank, HSBC and Silicon Valley Bank.