News

Robert Meyers of Republic Business Credit will act as the 2019 President of the Chicago/Midwest Chapter of the Turnaround Management Association as it enters its 28th year.

Direct lender Orange Commercial Credit will spend 2019 celebrating its 40th anniversary in the factoring industry.

Fintech platform LendingPoint closed an increase of its mezzanine financing, bringing the total of the facility to $67.5 million. A Paragon co-investor joined the facility as a lender. Paragon Outcomes Management led the deal and participated in the upsizing.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Warren Equity Partners’ acquisition of Magneto & Diesel Injector Service.

Bank of America acted as the administrative agent on an amendment to money transfer and payment services provider MoneyGram International’s revolving credit facility, reduced the total commitments to $45 million from $85.5 million.

Bank of Montreal agreed to extend AgroFresh Solutions’ $12.5 million revolving credit facility from July 31, 2019 to Dec 31, 2020. The extension will enhance the company’s liquidity and financial flexibility.

Law firm Morrison & Foerster opened an office in Boston to further extend its technology and life sciences capabilities. The move also expanded the firm’s Finance and Emerging Companies and Venture Capital practices.

Robert Goldenberg joined Reed Smith as counsel in the law firm’s Financial Industry Group.

BOK Financial finished the fourth quarter of 2018 with a net income of $108.5 million.

Super G provided a seasonal second lien term loan to a family office-backed designer, marketer and manufacturer of specialty dancewear.