People’s United Taps Lee to Lead New Lender Finance Team

People’s United Bank formed a dedicated Lender Finance team to be led by Patrick Lee as part of its Commercial Specialty Business.

People’s United Provides $92MM Facility for MidCap Financial

People’s United Bank’s Healthcare Finance and Capital Markets Divisions provided a $92 million credit facility to MidCap Financial.

People’s United Leads Expansion of MVC Capital Facility to $50MM

People’s United Bank’s Commercial Banking division served as lead arranger on the expansion of MVC Capital’s credit facility to $50 million.

People’s United Leads $80MM Facility for Invesque

The Healthcare Finance and Capital Markets Divisions of People’s United Bank served as lead arranger and administrative agent for an $80 million senior secured credit facility to Invesque.

People’s United Upsizes 36th Street Capital Revolver to $125MM

36th Street Capital Partners expanded its three-year, senior secured revolving credit facility to $125 million, an increase of $25 million.

Loughlin Joins People’s United ABL Team as VP/Underwriter

Andrew Loughlin joined People’s United Bank as a vice president and underwriter on its Asset-Based Lending team. Loughlin will be based in Manhattan and will be responsible for new business underwriting.

People’s United Financial Completes Acquisition of BSB Bancorp

People’s United Financial, the holding company for People’s United Bank, completed its acquisition of BSB Bancorp, the holding company of Belmont Savings Bank, in an all-stock transaction. 

People’s United Receives Greenwich Assoc Award for Middle Market Banking

Greenwich Associates presented People’s United Bank with seven awards, including a Greenwich Best Brand – Trust award.

People’s United Extends $135MM Credit Facility for NFS Leasing

The commercial banking division of People’s United Bank amended and extended an existing $135 million syndicated credit facility for NFS Leasing, a Boston-based equipment leasing company.

People’s United Financial to Acquire Belmont Savings Bank

People’s United Financial, the holding company for People’s United Bank, agreed to acquire BSB Bancorp and its subsidiary, Belmont Savings Bank, in a 100% stock transaction valued at approximately $327 million.