News

The SEC has charged cash advance company 1 Global Capital and its former CEO with allegedly defrauding at least 3,400 retail investors.

Reuters reported syndication of the $5.8 billion-equivalent loan package backing Blackstone’s buyout of Refinitiv, Thomson Reuters’ Financial and Risk division, is expected to launch on September 4 in the U.S. Bank of America Merrill Lynch is leading the syndication.

Pacific Mercantile Bank provided financing to Prospect 3, a feature film production company preparing to release its newest feature film, Hurricane, simultaneously in UK theaters and on digital platforms. The film stars Mel Gibson’s son, Milo Gibson.

Access Capital provided a $2.2 million credit facility to PeopleSERVE owner Erik Schwartz to enable him to acquire the staffing company from Staffing 360 Solutions.

Gibraltar Business Capital closed a $2 million line of credit for American Horticultural Supply, a distributor of horticultural products to nurseries and growers.

Amerisource Business Capital completed a $1 million credit facility for an oilfield tools and equipment services company based in Canada.

Freed Maxick appointed David J. Hansen, CPA, CISA, QSA to director in its Rochester office.

The Securities and Exchange Commission announced Moody’s Investors Service agreed to pay a total of $16.25 million in penalties to settle charges involving internal control failures and failing to clearly define and consistently apply credit rating symbols. This marks the...

US Capital Global provided multi-million dollar follow-on bridge financing to UK-based public company Manifesto Holding.

Alvarez & Marsal added Managing Directors Deepak Jain and Geoff Winkler to its Disputes & Investigations Practice in Los Angeles and San Francisco, respectively.