Umpqua Bank Hires Former KeyBanc Exec to Launch Capital Markets Unit
Umpqua Bank hired Chad Riddle, former director of investment banking at KeyBanc Capital Markets, to lead a new Capital Markets division as managing director.
Umpqua Bank hired Chad Riddle, former director of investment banking at KeyBanc Capital Markets, to lead a new Capital Markets division as managing director.
HealthFirst Financial, a national patient financing provider, secured a $70 million line of credit from a lending syndicate that includes Umpqua Bank, Columbia Bank, Opus Bank and Pacific Continental Bank.
Allegiant Partners, dba AP Equipment Financing, increased its senior credit facility with BMO Harris Bank to $57 million.
REG Grays Harbor secured an additional $5 million credit facility from Umpqua Bank to fund further capital expenditures and improvements at its biodiesel refinery.
Umpqua Bank is adding a corporate banking division to provide growing companies with dedicated resources and a full range of corporate banking products, including debt capital markets, international banking and treasury management. Richard Cabrera will lead the division.
Umpqua Bank hired Tory Nixon as executive vice president to focus on C&I lending in the middle market. Nixon played for the San Francisco 49ers from 1985-1989 and was a member of the Super Bowl XX111 Championship team.
Umpqua Bank has been named Oregon’s Most Admired Financial Services Company and the sixth Most Admired Company across all industries by The Portland Business Journal.
Umpqua Bank announced David Shotwell was promoted to chief credit officer following the retirement of Mark Wardlow, effective July 1, 2015.
Imperium Renewables announced a new lending agreement with Umpqua Bank that will provide Imperium with an additional $10 million in working capital to fuel its growth.
The Alta Group said its M&A advisory practice provided due diligence and related corporate advisory services to Umpqua Holdings and Umpqua Bank in the recent acquisition of Financial Pacific Holding, the parent company of Financial Pacific Leasing.