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Willis Joins Barclay Damon as Associate in Syracuse

Keyashia Willis has joined Barclay Damon as an associate within its restructuring, bankruptcy and creditors’ rights and commercial litigation practice areas. Her primary office location is Syracuse. In her new role, Willis will assist Barclay Damon’s restructuring, bankruptcy and creditors’ rights and commercial litigation practice area attorneys in a wide range of matters. Previously, Willis […]

Huntington Business Credit Closes $38MM in New Credit Facilities with Royal Chemical

Huntington Business Credit closed $38 million in new credit facilities with Royal Chemical on April 30, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

May 13, 2024 credit facility | Huntington Business Credit | Royal Chemistry Brianna Wilson

eCapital Funds $18MM Asset-Based Facility for Commercial Linen Company

eCapital funded an $18 million asset-based lending facility for a commercial linen provider. eCapital engineered a flexible facility that not only relieved immediate pressures but also paved the way for sustainable recovery.

May 13, 2024 Brian Cuttic | eCapital | Lending Facility Brianna Wilson

Eclipse Business Capital Provides $105.8MM Senior Secured Credit Facility to Manufacturer

Eclipse Business Capital provided a $105.8 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan, to a sporting goods manufacturer. The facility is secured by accounts receivable, inventory and intellectual property rights on the company’s brand.

May 13, 2024 Eclipse Business Capital | Senior Secured Credit Facility Brianna Wilson

WhiteHawk Funds $100MM Debt Facility, Arranged by Ankura Capital, for C3 Rentals

C3 Rentals, a trailer rental and ownership solutions company, successfully secured a $100 million debt facility funded by WhiteHawk Capital Partners and arranged by Ankura Capital Advisors.

May 13, 2024 Ankura Capital Advisors | C3 Rentals | WhiteHawk Capital Partners Brianna Wilson

Haynes Boone Advises WinVest on Proposed Business Combination with Xtribe and Nasdaq Public Listing

Haynes and Boone represented WinVest Acquisition, a publicly traded special purpose acquisition company, in its proposed business combination with Xtribe, a UK-based technology platform that aims to revolutionize local e-commerce.

May 13, 2024 Haynes and Boone | Manish Jhunjhunwala | WinVest Acquisition | Xtribe Brianna Wilson

Gateway Provides $500K Purchase Order Facility to a Thermal Insulation Company

Gateway Trade Funding provided a purchase order facility amounting to $500,000 to a thermal insulation company in order to provide it with working capital to achieve its sales goals. The company was referred to Gateway by a finance broker.

May 13, 2024 Gateway Trade Funding | Mark Polinsky | Purchase Order Facility Brianna Wilson

SSG Advises Eiger BioPharmaceuticals in the Sale of Zokinvy Program Assets

SSG served as the investment banker to Eiger BioPharmaceuticals in the sale of substantially all of its assets related to Zokinvy to Sentynl Therapeutics. The sale was effectuated through a Chapter 11 Section 363 process in the U.S. Bankruptcy Court for the Northern District of Texas.

The Baldwin Group Upsizes and Priced $600MM Offering of Senior Secured Notes

The Baldwin Group priced the previously announced offering by its direct subsidiary of $600 million (representing an upsize from the previously announced $500 million) aggregate principal amount of senior secured notes due 2031.

May 13, 2024 Senior Secured Notes | The Baldwin Group | The Baldwin Insurance Group | The Baldwin Insurance Group Holdings Brianna Wilson

CIT Commercial Services Names Norman Senior Portfolio and Relationship Manager

First Citizens Bank’s CIT Commercial Services subsidiary named Don Norman as a vice president and senior portfolio and relationship manager in its western region. Norman will be responsible for managing a portfolio of clients while consistently supporting the company’s overall growth.

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