News

Monroe Capital increased its credit facility to Mammoth Holdings to support the acquisition FLCW d/b/a Finish Line Car Wash.

Catalent Pharma Solutions amended its existing credit agreement with JPMorgan Chase Bank as both administrative and collateral agent, to provide for, among other things, $950 million in incremental term loans and a $350 million increase to its revolver.

First Midwest Bank expanded its footprint in Milwaukee by opening a commercial banking office to better serve clients across Wisconsin.

Utica Leaseco completed two transactions totaling $1.5 million during the week of May 13-17, 2019.

Hollander Sleep Products filed voluntary petitions to restructure under Chapter 11. Wells Fargo is leading a $90 million DIP ABL facility to support the company through its restructuring process.

Encina Business Credit provided a $24 million senior secured credit facility to an oilfield services company. The facility consisted of a revolving line of credit and a term loan.

The International Factoring Association accepted three new vendors into their preferred vendor program: Artis Trade Systems, Rainstar Capital Group and VeriCore.

TradeCap Closes $800K Facility for Oilfield Chemical Importer

J D Factors provided $750,000 in factoring facilities for five companies the week of May 13, 2019.

Alvarez & Marsal Restructuring & Turnaround Managing Director Julie Hertzberg, head of the Case Management Services division, was appointed president of industry organization INSOL International.