News

Corporate advisor Ed Lukins has joined Orrick as a partner based in London. He joins from Cooley, where he helped found the London office.

Austin Financial Services closed a $3 million senior secured credit facility comprised of an A/R and inventory revolver for a Southwest-based developer and manufacturer of specialty chemical compounds.

scPharmaceuticals completed a new $20 million term loan with Solar Capital and Silicon Valley Bank.

North Mill Capital provided a $15 million facility to Auburn, MI-based SPAR Group.

Monitor has learned from reliable industry sources that Santander Bank is planning to exit the equipment finance industry in the U.S., consistent with a similar shutdown of EFL in the UK.

Piper Jaffray added senior research analysts Brent Bracelin and Rob Owen to its team to cover the software sectors. They will be based in the firm’s Portland, OR office.

Varagon Capital Partners is serving as administrative agent on a unitranche credit facility to support the recapitalization of GWS Tool Group by L Squared Capital Partners.

Structured finance lawyer Richard Hanson has joined Orrick as a partner based in London. He joins from Ropes & Gray.

Jean-Francois Izac will join Greenhill in London as a managing director focused on the insurance sector for the EMEA region._x000D_ _x000D_

Osisko Gold Royalties amended its revolving credit facility, increasing the amount from $350 million to $400 million. National Bank of Canada served as administrative agent.