News

Encina Business Credit provided a $60 million senior secured credit facility to a provider of waste management solutions.

BBVA closed a €150 million ($171 million) acquisition term loan on behalf of Porsche Holding Salzburg, the first loan of its kind arranged through blockchain technology.

JPMorgan Chase acted as administrative agent on a $200 million upsize to Arrow Electronics’ revolving credit facility, bringing the total capacity of the facility to $2 billion.

Alvarez & Marsal added Nate Dwyer and Jim O'Donnell as managing director and senior director, respectively, to its Corporate Transformation Services team in San Francisco.

Mizrahi Tefahot Bank provided a $25 million loan facility to Perion Network, a provider of digital marketing solutions to brands focused on their consumer relationships.

Alex D. Corey and Joan B. Lopez joined law firm Moritt Hock & Hamroff as associates in the New York City and Garden City, NJ offices, respectively.

According to the Securities and Exchange Commission, Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts.

Varagon Capital Partners served as administrative agent and lead arranger on a senior secured credit facility to support Graham Partners’ investment in Giraffe Foods.

Canadian Solar closed on $69 million in non-recourse project financing provided by Banco Nacional de Comercio Exterior and Banco Sabadell. The financing consisted of a $53.2 million long-term loan, a $5.6 million letter of credit facility and a $10.2 million...

OFS Capital and Modern Bank led debt financing to support DRS Imaging Services’ acquisition of a majority of the assets of docuLynx, a provider of document management software and services. Financial terms of the transaction were not disclosed.