Hancock Whitney Bank promoted D. Shane Loper, its current chief operating officer, to the role of president following the retirement of Joe Exnicios, the bank’s former president.
Tellus Equipment Solutions, a John Deere agricultural and turf equipment dealer in Texas, closed a new $115 million credit facility. Truist Securities is the lead arranger and sole bookrunner for the facility.
Hancock Whitney established a new asset-based lending division primarily serving 12 states across the southern United States. Mike Knuckles will lead the line of business based in suburban Atlanta and direct all recruiting and hiring.
Hancock Whitney agreed to sell $497 million of energy loans to certain funds and accounts managed by Oaktree Capital Management.
Hancock Whitney hired a team of four commercial bankers as part of its expansion into the Jackson, MS market. Leigh Pace will lead the team as Jackson market president.