News

Twitter closed a $500 million revolving credit facility with JPMorgan as administrative agent.

Reuters reported investors continue to inject capital into U.S. middle market direct lending strategies at a record pace._x000D_ _x000D_ _x000D_

The International Factoring Association has released its new digital publication, The Factoring Guide to Account Management. _x000D_ _x000D_

Hilco Merchant Resources will manage the store closing process and run retail sales at 74 of 344 National Stores. The specific stores that will close currently operate under the brand name Fallas.

SYNNEX renewed its existing credit agreement and secured $1.8 billion in incremental financing. Bank of America served as administrative agent on the transaction.

Deloitte Corporate Finance acted as exclusive financial advisor to Fabric Development and Textile Products on their sale to Kordsa Global.

Samuels Jewelers filed for Chapter 11 protection for the fourth time. The Austin, TX-based retailer was controlled by Mehul Chinubhai Choksi, the uncle of fugitive jewelry designer Nirav Modi, both of whom are wanted by Indian authorities in connection to...

Monroe Capital Corporation’s Q2/18 net investment income of $7.9 million was up from $6.1 million in Q2/17. Debt and equity investments, valued at $498.2 million, were up from $445.5 million a year earlier.

James D. Silver joined law firm Kelley Kronenberg as a partner in the firm’s Fort Lauderdale office.

Sterling Business Finance agreed to provide $737,000 in DIP financing to Gump’s, according to motions filed in the U.S. Bankruptcy Court for the District of Nevada.