News

Mesabi Metallics, backed by Essar Group, secured $150 million of financing from Macquarie Group, supporting the Q3/26 startup of its world-scale direct reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota. The financing follows Mesabi’s recently announced...

Vero Fiber, a nationwide fiber infrastructure provider serving wholesale, technology, enterprise and retail internet customers, expanded its existing credit facility to $425 million of committed capital. The facility includes an accordion feature providing up to $585 million of total capacity...

Consumer Portfolio Services amended its two-year revolving credit agreement with Capital One to increase the capacity of the facility. The amendment applies to both Capital One and the subordinate lender, and increases the capacity of the facility from $167.5 million...

Womble Bond Dickinson (U.S.) added partners Michael Waskiewicz and Armando Nozzolillo and of counsel Robert Neilson to its finance, bankruptcy and restructuring practice group. Their arrival significantly expands the firm’s financial services capabilities, adding a seasoned team with a national...

Snell & Wilmer added Michael Kron to its Portland office as counsel in the special litigation and compliance practice group. Kron previously spent more than a decade at the Oregon Department of Justice as special counsel to Oregon Attorney General...

Advantage Business Capital acquired the $22 million factoring portfolio of a regional bank based in the Southeast. The transaction closed in Q4/25. Advantage was recommended to the bank by an industry relationship.

OceanFirst Financial, the holding company for OceanFirst Bank, and Flushing Financial, the holding company for Flushing Bank, received the requisite shareholder approvals for the previously announced combination of OceanFirst and Flushing, pursuant to the agreement and plan of merger, dated...

The week ending April 4 was dominated by the one-year anniversary of “Liberation Day”—and the Administration’s decision to mark it by announcing 100% tariffs on branded pharmaceutical imports and recalibrating metals duties on April 2.2 These actions landed on a...

Gibraltar Business Capital (GBC) has finalized a $35 million senior secured facility for American Furniture Manufacturing (AFM) in support of the company’s acquisition by SouthWorth Capital Management (SCM). The new funding comes as AFM and its divisions (Peak Living, Independent...

Caris Life Sciences, a Texas corporation, entered into a financing agreement, dated as of the closing date, by and among the company, as borrower, certain subsidiaries of the company, as guarantors, the lenders from time to time party thereto, which...