News

Renasant Business Credit closed a $13.5 million term loan for an existing ABL client.

SeaSpine Holdings extended its credit facility with Wells Fargo through July 2021 with an option to increase the limit from $30 million to $40 million.

SSG Capital Advisors acted as the investment banker to Nighthawk Energy in the sale of substantially all of its assets to an affiliate of Morse Energy Capital Partners.

Heritage Home Group, a furniture group created following the 2013 bankruptcies of iconic brands Thomasville, Broyhill and Lane, has filed Chapter 11 and has already found buyers for its assets. PNC Bank has agreed to provide $98 million DIP financing.

Monroe Capital acted as lead arranger and administrative agent on the funding of a senior credit facility to support Digital Media Solutions’ continued growth and acquisition of W4.

The Hut Group secured a new $1 billion banking facility to fund further acquisitions. Citibank, JPMorgan, Barclays, HSBC and Santander provided the enlarged facility.

Bridge Bank’s Corporate Banking group provided senior debt financing to support Sole Source Capital’s leveraged buyout of Trade Supplies.

Black Hills extended the maturity dates of its $750 million revolving credit facility and $300 million term loan.

Sprott Private Resource Lending will provide a $25 million senior secured credit facility to Cardinal Resources, subject to certain documentation and other customary conditions.

The Securities and Exchange Commission charged Howard M. Appel with manipulating the stocks of three microcap companies while on supervised release following his criminal conviction for a prior securities fraud._x000D_