PennantPark Floating Rate Capital Ltd. (“PFLT”) upsized its credit facility, led by Truist Bank to $736 million from $636 million. Pricing on this facility remained unchanged at SOFR plus 225 basis points. The Credit Facility is secured by all of the...
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December 27, 2024 @ 08:10 AM
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TPG Twin Brook announced the following recently closed transactions:
Dunes Point Capital’s leveraged buyout of Star Dental Partners, the industry leader in to-the-trade home furnishings, distributing fabric, furniture, wall coverings, trimmings...
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December 27, 2024 @ 08:05 AM
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Biz2Credit unveiled its Small Business Earnings Report, a new monthly report examining the financial health of small businesses in America. The study looks at the performance of small to midsized firms in the U.S. – from early stage to established...
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December 27, 2024 @ 08:00 AM
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Growth in new business volume suggests a 0.12% increase in new durable goods orders in November. Based on the latest data from the Equipment Leasing and Finance Association’s (ELFA) CapEx Finance Index (CFI), durable goods orders are expected to grow...
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December 27, 2024 @ 07:56 AM
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United Community Banks and ANB Holdings announced the execution of a definitive merger agreement in which United will acquire ANB, and its wholly-owned subsidiary, American National Bank (“ANB Bank”), in an all-stock transaction with an aggregate...
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December 27, 2024 @ 07:55 AM
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The Hedaya Capital Group provided a $2.5 Million factoring facility to a New Jersey-based high-end golf apparel brand that prioritizes the consumers’ athletic nature but can be worn for many engagements: athletic, personal, and professional. Launched...
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December 27, 2024 @ 06:00 AM
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S&W Seed Company closed a new $25 million revolving credit agreement with ABL OPCO LLC ("Mountain Ridge") which replaces an existing facility with CIBC Bank USA.In connection with the Company's entry into the Mountain Ridge credit agreement, MFP...
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December 24, 2024 @ 08:15 AM
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Gordon Brothers in a joint venture with Hilco Consumer - Retail and Tiger Capital Group, began store closing sales at all 869 Big Lots locations.The U.S. closeout retailer is offering up to 25% off original prices on all merchandise and 50% off a...
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December 24, 2024 @ 08:10 AM
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Lafayette Square was named by the U.S. Small Business Administration ("SBA") as one of four new Small Business Lending Company (SBLC) licensees. SBLCs are granted to SBA 7(a) lenders focused on historically underserved markets to support SBA's...
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December 24, 2024 @ 08:04 AM
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TScan Therapeutics, a clinical-stage biotechnology company focused on the development of T cell receptor (TCR)-engineered T cell (TCR-T) therapies for the treatment of patients with cancer, announced that it has entered into a term loan facility with...
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December 24, 2024 @ 07:50 AM
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