BofA Business Capital Arranges Facility for Vi-Jon

BofA Business Capital completed a senior secured credit facility for Vi-Jon to refinance the company’s existing debt, finance capital expenditure investment and provide ongoing working capital.

National CineMedia Announces Proposed Refinancing

National CineMedia LLC and National CineMedia, Inc. announced that NCM LLC has launched a re-pricing of its $265 million term loan and $110 million of its revolving credit facility to lower the margins on both credit facilities.

Salus Capital Closes Loan for Jewelry Manufacturer

Salus Capital Partners provided a senior-secured term loan to Scott Kay, Inc., a designer and manufacturer of bridal and fashion oriented jewelry. The credit facility will be used to refinance existing indebtedness and for general corporate purposes.

StemCells Closes $10 Million Debt Financing With SVB

StemCells, Inc. closed a $10 million debt financing from Silicon Valley Bank. The loan funds will be used for general corporate purposes, and increase the company’s December 31, 2013 pro forma cash balance to $34.4 million.

Victory Park, Thomvest Ventures Provide Facility to Kabbage

Kabbage, an online provider of small businesses financing, closed a $75 million credit facility. Victory Park Capital led the debt financing, while existing equity investor Thomvest Ventures also contributed.

BofA, Others Arrange Conn’s ABL Facility Expansion

Conn’s Inc. announced it increased its asset-based loan facility from $40 million to $585 million with a syndicate of banks by Bank of America as administrative agent and collateral agent.

Morgan Stanley Provides $60MM Facility to SoFi

Private student lender SoFi secured a $60 million credit facility from global financial services firm Morgan Stanley. The facility gives SoFi increased capacity to further expand its community-based lending model.

Matrix, Marshall & Stevens Advise Pester Marketing on ESOP

Matrix Capital Markets provided corporate finance and valuation advisory to Pester Marketing in connection with the company’s newly established ESOP. Marshall & Stevens provided specialized advisory services to Pester’s shareholders.

Bridge Bank Provides IZEA With Credit Facility

IZEA closed a new $1.5 million secured credit facility with Bridge Bank. The credit facility is based upon an advance rate of the company’s eligible trade accounts receivable.

Simpson Thacher Represents QVC Facility Refi Admin Agent

Law firm Simpson Thacher announced that it represented the administrative agent in connection with the amendment and restatement of QVC’s $2 billion revolving credit agreement.