SWK Holdings, a life science focused specialty finance company catering to small- and mid-sized commercial-stage companies, signed the fifth amendment to the loan and security agreement with Cadence Bank.
Cadence Bank launched its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.
Cadence Business Finance, a division of Cadence Bank, has committed $11.25 million as part of a credit facility for Business Interiors, a full-service contract furniture dealer and interior design consultant.
Producers Midstream II secured a new syndicated credit facility led by Texas Capital Bancshares, Bank of Oklahoma and Cadence Bank. The credit facility will allow the company to borrow up to an additional $200 million, assuming certain conditions are met.
Goodnight Midstream closed a $100 million revolving credit facility led by Wells Fargo Bank, along with participation from Texas Capital Bank, Cadence Bank and First Horizon Bank.
Cadence Bank named Mandy Mitchell its chief experience officer, a newly established position reporting to Dan Rollins, chairman and CEO of the bank. Mitchell most recently served as director of strategic initiatives for Cadence Bank.
StoneX Group agreed to amend its existing $401 million senior secured credit facility, extending the maturity through April 2025 and increasing the size of the facility to $475 million. Bank of America Merrill Lynch, Bank of Montreal and Capital One acted as joint lead arrangers on the credit facility
Select Energy Services transitioned its existing asset-backed loan facility into a sustainability-linked loan facility, while extending the facility through March of 2027. Wells Fargo Bank was the lead arranger for the facility.
BancorpSouth Bank and Cadence Bancorporation closed the previously announced merger in which Cadence merged into BancorpSouth. Upon the completion of the merger, BancorpSouth was renamed Cadence Bank.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion.