Hercules Capital has replaced its existing $200 million credit facility with MUFG Union Bank with a new $400 million credit facility.
Umpqua Bank has formed a Wholesale Liquidity & Fixed Income group within its Global Payments & Deposits Division. Amit Jogal has been named managing director.
Umpqua Bank named Kris Ilkov executive vice president, Southwest regional director of offices in San Diego, Reno and Las Vegas and hired Jason Antrim as senior vice president, corporate banking managing director, to lead Umpqua’s San Diego office.
Hercules Capital replaced its existing $100 million credit facility with MUFG Union Bank with a new $200 million credit facility, under which City National, Umpqua Bank, Hitachi Capital America and Mutual of Omaha Bank joined MUFG as lenders.
Umpqua Bank named Käthe Anchel the bank’s first head of innovation. Anchel, a leader in the area of fintech customer experience, will lead Umpqua’s innovation team under Rilla Delorier, executive vice president and chief strategy officer.
ShotSpotter closed a deal for a $10 million line of credit from Umpqua Bank, with a provision to increase the line of credit up to $25 million with the lender’s approval.
Umpqua Bank added Randy Mora as senior vice president and commercial banking manager to lead its North Coast Commercial Banking Office and Wine Specialty Group.
Umpqua Bank provided $47.6 million in senior secured credit facilities to Bay Ship & Yacht, a vessel maintenance and repair company in Northern California.