News

Utica Leaseco completed a $1.6 million refinance secured by machinery and equipment for a printing company located in Ohio.

Keystone National Group provided $50 million in debt financing to Deserve, a new credit card company targeting millennials.

Robert Pabst joined HYPERAMS as chief financial officer. Dustin Miller and Cherie Henry also joined HYPERAMS as financial analyst and equipment appraiser, respectively.

Amerisource Business Capital funded a $2 million debtor-in-possession senior revolving credit facility for a paperboard manufacturing company in New York.

International Seaways’ joint ventures with Euronav, which own the FSO Africa and FSO Asia floating storage and offloading service vessels, closed on a $220 million credit facility. International Seaways received $110 million in proceeds from the drawdown of the facility.

Prudential Capital Group completed a $100 million private placement transaction with a subsidiary of Crowley Maritime, the operator and manager of the largest U.S.-operated petroleum and chemical tank vessel fleet in the country.

Lighthouse Financial completed a $2.75 million revolving line of credit for a Florida-based developer, manufacturer and distributor of PC peripherals, accessories and networking products.

Capital Southwest supported the majority recapitalization of American Nuts by Gauge Capital with a first lien term loan (including a delayed draw term loan), a revolving credit facility and an equity co-investment.

Houston-based KBR entered into a new $2.15 billion senior secured credit facility.

Webster Bank and CoBank will provide debt financing to support the merger of ZenFi Networks and Cross River Fiber. The funds will include additional capacity to support future growth._x000D_ _x000D_ _x000D_ _x000D_