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KeyCorp announced that Mohit (Mo) Ramani will join Key as Chief Risk Officer (CRO), effective January 23, 2025."I am very pleased to welcome Mo to Key," said Chris Gorman, Chairman and Chief Executive Officer of KeyCorp. "I am confident that with... Read Story

January 15, 2025 @ 08:17 AM

Second Avenue Capital Partners (“SACP”), a Schottenstein affiliate, along with Alpha Wave Global and Sagard Credit, announced the closing of a new term loan and revolving credit facility for True Religion Apparel, Inc. SACP once again served in... Read Story

Filed Under: Apparel
January 15, 2025 @ 08:15 AM

KBRA released research that considers the themes that matter for private credit in 2025.Key Takeaways Trump 47 is expected to have a mixed impact on the private credit industry. The prospects for lower taxes and reduced regulations are likely to... Read Story

Filed Under: Industry News
January 15, 2025 @ 08:10 AM

Amerisource Business Capital closed and funded a $3,500,000 senior credit facility for a Texas-based private equity firm specializing in technology consulting and investment.Matt Brice, Relationship Manager at Amerisource, stated, “Our partnership... Read Story

Filed Under: Private Equity
January 15, 2025 @ 08:09 AM

Siena Lending Group closed a new senior secured credit facility for FeraDyne Outdoors LLC, a manufacturer and wholesaler of leading brands in outdoor hunting gear and archery. The new facility consists of a revolving line of credit, providing... Read Story

Filed Under: Sporting Goods
January 15, 2025 @ 08:08 AM

Diamond Comic Distributors has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Maryland to facilitate the restructuring of its business. As part of... Read Story

Filed Under: Bankruptcy
January 15, 2025 @ 08:01 AM

The private credit firm Flatbay Capital announces its 2024-2025 expansion initiative to broaden its market reach and visibility. Managing partners, Elliot Smith and Jorge Puig spearheaded the movement by promoting and hiring several employees in... Read Story

January 15, 2025 @ 07:39 AM

Moritt Hock & Hamroff announced that Ira S. Zaroff and Richard M. Zaroff have joined the firm’s growing Litigation practice, working out of its New York City office.  Ira joins the firm as a Partner while Richard joins as Senior Counsel.  They... Read Story

January 15, 2025 @ 07:16 AM

Alvarez & Marsal (A&M) announced the appointment of Nathan Ray as a Managing Director within its Healthcare Industry Group. Ray’s hiring exemplifies the practice’s continued growth, dedicated senior talent investments and expansion of offerings at... Read Story

January 15, 2025 @ 07:05 AM

Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger to support the acquisition of Senproco and Groomer’s Choice by Harbour Group. Also, Abacus Finance made an equity co-investment in Senproco and... Read Story

Filed Under: Consumer Products
January 15, 2025 @ 07:00 AM