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Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to... Read Story

Filed Under: Industry News
September 27, 2024 @ 08:15 AM

Gordon Brothers has forecasted U.S. retail sales for this upcoming holiday season predicting a modest increase of 1.2% to 3.5% relative to last year amid economic and political uncertainty. While certain economic indicators are looking up, including... Read Story

Filed Under: Retail
September 27, 2024 @ 08:10 AM

BlackRock and Santander announced the signing of a memorandum of understanding (MoU) by which funds and accounts managed by BlackRock will invest up to US$1 billion per year in select project finance, energy finance, and infrastructure debt... Read Story

Filed Under: Private Equity
September 27, 2024 @ 08:05 AM

TD Bank announced Andy Bregenzer and Jill Gateman as Co-Heads of U.S. Commercial Banking. The appointments follow the Spring 2024 announcement of Chris Giamo's retirement from TD Bank after 26 years of service to TD and more than 30 years in... Read Story

September 27, 2024 @ 08:03 AM

Huntington Business Credit closed a $50,000,000 new credit facility with Elements International Group, LLC on August 27, 2024.  Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Elements... Read Story

Filed Under: Distribution
September 27, 2024 @ 08:00 AM

nFusion Capital provided a $3 million ABL Facility to a a long-established, family-owned cabinetry and millwork company based in New Jersey which serves a diverse commercial clientele. They provide custom buildouts for medical facilities, educational... Read Story

Filed Under: Specialty Industries
September 27, 2024 @ 07:55 AM

KeyBank released its semi-annual Middle Market Sentiment Report, which surveyed more than 700 business owners and executives of companies with $10 million to $1 billion in annual revenue, to gather their insights on the current economic and company... Read Story

Filed Under: Economy
September 27, 2024 @ 07:44 AM

Moritt Hock & Hamroff announced that David J. Borkon has joined the firm as a Partner in its Corporate, M&A and Securities practice group. He is located in the firm's Garden City office.  Prior to joining the firm, Borkon was a Partner at Forchelli... Read Story

September 27, 2024 @ 07:41 AM

Alvarez & Marsal Tax, an affiliate of leading global professional services firm Alvarez & Marsal (A&M) appointed Michael Nissan as a Senior Advisor within its Compensation & Benefits practice. Mr. Nissan’s hire expands A&M’s M&A offering to structure... Read Story

September 27, 2024 @ 07:37 AM

Cascadia Capital announced that Thomas Mills has joined the firm as a Managing Director in its Capital Markets Advisory Group. Mr. Mills brings more than 20 years of experience in debt capital markets, raising capital for clients in a wide variety of... Read Story

September 27, 2024 @ 07:31 AM