News

Access Capital closed a $2.5 million transaction with a New York-based importer of frozen seafood.

Amerisource Business Capital funded a $1 million credit facility for a defense consultancy firm in Florida.

Great American Group and Tiger Capital Group will acquire the Bon Ton Stores’ assets. The U.S. Bankruptcy Court approved the asset purchase agreement for the holders of the company's 8.0% second lien secured notes.

Just Energy Group renegotiated an agreement with a syndicate of lenders to increase its credit facility to $352.5 million. Canadian Imperial Bank of Commerce and National Bank of Canada were joint lead arrangers.

Barnes & Thornburg added partners Ali Mojdehi and Janet Gertz and associate Allison Rego to the firm’s San Diego and Los Angeles offices. All three will be part of the Finance, Insolvency and Restructuring Department.

Welbilt increased the aggregate revolving commitments on its credit facility by $50 million to $275 million. JPMorgan served as administrative agent for the transaction.

Silicon Valley Bank provided a new credit facility and term loan agreement to Perfect Sense. The financing will provide up to $8 million in growth capital to accommodate projected growth and product innovation.

Getzler Henrich promoted Luke Andrews and Jubin Pandey to associate directors.

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support MFG Chemical’s acquisition of Gulf Bayport Chemicals. _x000D_ _x000D_

TAB Bank provided a $1 million revolving credit facility to a software support company based in California.