News

Stacey T. Kern has joined Eversheds Sutherland as a partner in the M&A and Private Capital teams within the firm’s Corporate Practice Group. _x000D_ _x000D_ _x000D_ _x000D_

SunCoke Energy and certain of its wholly-owned subsidiaries amended their revolving credit agreement, which increased total borrowing capacity to $400 million and extended the maturity date to August 5, 2024.

Alvarez & Marsal has expanded its Healthcare Industry Group with the appointment of managing directors Scott Hodson in New York and John Holiver in Boston and senior director Timothy Murphy in Chicago. _x000D_ _x000D_

Citizens Commercial Banking served as lead arranger enabling Octo to acquire Connexta, an open source software development company.

Total U.S. bankruptcy filings increased 3% in July 2019 from July 2018, according to data from the American Bankruptcy Institute, provided by Epiq Systems.

BMO’s Technology and Innovation Banking group has provided Kony with $37 million in debt financing, including $10 million of new financing.

Sallyport Commercial Finance closed a $1 million accounts receivable facility for an industrial machining company targeting the aerospace and commercial sectors in the Pacific Northwest.

Torex Gold Resources’ subsidiary Minera Media Luna amended its credit agreement with Bank of Montreal, BNP Paribas, ING Bank, Dublin Branch, Société Générale and the Bank of Nova Scotia in connection with a secured $335 million debt facility.

Resverlogix amended its agreement with Third Eye as administrative agent to extend the maturity date of the its senior secured term loan to September 16, 2019 and reduce the principal to $11.5 million.

Breakout Capital completed a senior secured credit facility with Medalist Partners and will resume business as a fintech lender to small businesses.