FTI Consulting Canada, in its capacity as court-appointed monitor of Chesswood Group Limited, Case Funding Inc., Chesswood Holdings Ltd., Chesswood US Acquisitionco Ltd., Pawnee Leasing Corporation, Lease-Win Limited, Windset Capital Corporation, Tandem Finance, Inc., Chesswood Capital Management Inc., Chesswood Capital Management USA Inc., Rifco National Auto Finance Corporation, Rifco Inc., Waypoint Investment Partners Inc. and 1000390232 Ontario Inc. (collectively, the "CCAA Parties")
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December 31, 2024 @ 08:10 AM
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Quest Resource Holding Corporation, a national leader in environmental waste and recycling services, announced that the Company has successfully completed its refinancing process, and has amended its financing agreements with Monroe Capital Management Advisors and PNC Bank.“Earlier this year, the Board of Directors announced the formation of a financing committee to evaluate alternative debt structures focused on lowering the Company’s long-term cost of capital and supporting long-term growth.
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December 31, 2024 @ 08:15 AM
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Waystar Holding Corp., a provider of healthcare payment software, announced an amendment to its first lien credit agreement with its lenders. The amendment reprices Waystar's term loan and increases its revolving credit facility.Under the amended agreement, the term loan will now carry a reduced interest rate of adjusted SOFR +2.25%, down from the previous interest rate of adjusted SOFR +2.75%. In addition, Waystar will increase its revolving credit facility borrowing capacity to $400 million
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December 31, 2024 @ 07:50 AM
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CIBC US announced the promotions of Ron Kerdasha, Ramsey Naber and Susan Lanz within its Asset-based Lending (ABL) team. These promotions recognize their significant contributions and leadership abilities, reinforcing the bank’s commitment to helping clients reach ambitious possibilities.Kerdasha, who has over 35 years of ABL industry experience, has been promoted to Regional Originations Manager, covering the Great Lakes to the Atlantic Coast. In this role, he leads the Eastern Region team
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January 10, 2025 @ 08:15 AM
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SouthState Corporation announced the closing of its acquisition of Independent Bank Group on Jan. 1, 2025, through the merger of Independent Financial with and into SouthState. Immediately after the merger, also on Jan. 1, 2024, Independent Financial’s subsidiary bank, Independent Bank, merged with and into SouthState Bank. As a result of these transactions, the combined company has expanded its presence in Texas, entered Colorado and increased its asset size to approximately $65 billion.“It’s
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January 02, 2025 @ 07:55 AM
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