News

First Foundation launched a municipal lending and public finance service offering with the appointment of Trevor Mael as vice president, director of Public Finance._x000D_ _x000D_

Industrial Bank has acquired Newark-based City National Bank of New Jersey.

Lake City Bank has promoted Stephanie R. Leniski to senior vice president, retail banking manager._x000D_ _x000D_

Jeffrey K. Hoffmann has joined A&G Real Estate Partners as a senior managing director and head of the firm’s restaurant division.

Globalworth has entered into a new €200 million ($2.2 million) revolving credit facility with a syndicate of its relationship banks and selected new lenders.

Fairstone Financial completed an optimization of its three-year revolving credit facility provided by a banking syndicate, comprised of leading Canadian and international banks.

FuelCell Energy completed a new, eight-year $200 million strategic corporate loan facility with Orion Energy Partners.

Novacyt has obtained a €5 million ($5.5 million) four-year term loan from Harbert European Growth.

Air Transport Services Group has extended its senior secured credit facility until November 30, 2024, expanded the facility’s revolver portion, consolidated and lowered its term loans, and reduced pricing to immediately lower interest cost.

TAB Bank provided a $3 million asset-based revolving credit facility for a commercial printing company in Illinois.