News

Specialty lender Brightlane closed an £8 million ($10 million) 24-month loan facility with Corporate Commercial Collections.

Global sustainable coffee company Sucafina and an 11-bank syndicate led by BNP Paribas with Rabobank, as sustainability agent, have renewed their sustainability linked syndicated borrowing base facility first established in 2017.

Morningstar, a leading provider of independent investment research, entered into an agreement to acquire DBRS, the world's fourth-largest credit ratings agency, for a purchase price of $669 million.

BioDelivery Sciences International completed the refinancing of its existing debt agreement with a new facility from BioPharma Credit consisting of a $60 million term loan.

Delphi Energy has extended the term out date of its $105 million senior secured credit facility to June 14, 2019. The bank syndicate is led by Alberta Treasury Branches and includes The Bank of Nova Scotia and Bank of Montreal.

Air Transport Services Group extended its credit facility through May 2024 and an expanded the facility’s revolver portion to $645 million. SunTrust leads the syndicate of lenders.

The 101st Annual New York Institute of Credit Awards Dinner will be held Monday, June 10 at the Grand Hyatt, New York starting at 6 p.m.

Victoria Gold amended its credit facility, increasing the senior secured credit facility to $100 million while decreasing the subordinated secured credit facility to $75 million.

Hudson Resources has entered into definitive agreements with its lender, Cordiant Capital, for an immediate $5 million loan facility increase.

Pacific Premier Bancorp appointed Barbara S. Polsky and Jaynie Miller Studenmund as directors of both Pacific Premier Bancorp, and Pacific Premier Bank._x000D_ _x000D_