Patrick Donnelly has been appointed senior vice president, Nonprofit Banking for People’s United Bank Nonprofit Specialty Finance Group.
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 Bank’s Healthcare Finance and Capital Markets Divisions provided a $92 million credit facility to MidCap Financial.
People’s United Bank’s Commercial Banking division served as lead arranger on the expansion of MVC Capital’s credit facility to $50 million.
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.
36th Street Capital Partners expanded its three-year, senior secured revolving credit facility to $125 million, an increase of $25 million.
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, 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.
Greenwich Associates presented People’s United Bank with seven awards, including a Greenwich Best Brand – Trust award.
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.