News

CIT Group served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY.

Endeavor Bank has extended the cutoff date to invest in its capital offering from January 24, 2020 to February 21, 2020.

Amerisource Business Capital closed a $1.5 million revolving credit facility for a marble and granite wholesaler in North Carolina.

EuroLife Brands has entered into a definitive financing agreement with European Equity Group to secure a credit facility of up to C$2.5 million ($1.9 million).

The Wall Street Journal reported that former Wells Fargo chief executive John Stumpf has been barred by regulators from the banking industry and was fined $17.5 million over the firm’s fake-accounts scandal.

SSG Capital Advisors acted as the investment banker to Papa Grande Gourmet Foods d/b/a Garcia Foods in the sale of substantially all of its assets to an affiliate of Mission Consumer Capital.

Siena Lending Group completed seven new transactions exceeding $75 million in credit facilities during the Q4/19.

Lighthouse Financial completed a $2.5 million credit facility for a Tennessee based manufacturer of engine heaters and heavy-duty exhaust clamps and placards.

Thompson Hine has elected nine new partners, located across four of the firm’s offices, representing a broad range of practice areas.

Julia Kellogg has joined Huron Capital as a partner to provide leadership and oversight of all activities related to human capital management.