Blackstone and Santander Corporate & Investment Banking announced an agreement under which funds managed by Blackstone Credit & Insurance (“BXCI”) will acquire interests in a $1 billion portfolio of high-quality infrastructure loans from Santander....
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November 27, 2024 @ 08:15 AM
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Amerisource Business Capital announced the appointment of Grant Flamang as Regional Market Manager in the Midwest. With over a decade of experience in the finance industry, Grant brings a wealth of expertise in business development. Based in...
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November 27, 2024 @ 08:13 AM
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MONTICELLOAM (“MonticelloAM”), a specialized multifamily and seniors housing bridge lending platform, closed $18,000,000 in bridge financing for a seniors housing community in Wisconsin. The financing was originated by Karina Davydov, Managing...
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November 27, 2024 @ 08:10 AM
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Capstone Partners released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404...
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November 27, 2024 @ 08:03 AM
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A Michigan based machine tool builder needed a new lender. The Bank of Ann Arbor asset-based lending team met with the management team at the plant in Michigan, heard their business plan and future projections and provided a $5.5MM Asset Based...
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November 27, 2024 @ 08:00 AM
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Lifecore Biomedical, a fully integrated contract development and manufacturing organization (“CDMO”), entered in an agreement with BMO, a leading provider of global investment and corporate banking services and one of North America’s largest banks...
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November 27, 2024 @ 07:45 AM
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TerraNova Capital Equities announced that its Structure Finance Group acted as sole advisor on three recent transactions: TerraNova Structured Finance Group acted as the sole advisor to Danimer Scientific on a $20 Million revolving credit...
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November 27, 2024 @ 07:13 AM
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The Hedaya Capital Group provided a $5 million factoring/inventory financing facility to a New York-based wholesale manufacturer of licensed electronic and novelty products in a hypergrowth phase. Though the company's backbone is electronics—such as...
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November 27, 2024 @ 07:00 AM
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Revolving credit facilities continue to show strong bankruptcy recoveries and offer the highest likelihood of recovery among the various types of rated first-lien debt, according to a new report from Fitch Ratings.Fitch analyzed revolver utilization...
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November 26, 2024 @ 08:10 AM
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MoneyLion, a digital ecosystem for consumer finance, successfully closed a $70 million loan facility with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (“SVB”), to refinance MoneyLion’s existing senior debt and lower its cost...
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November 26, 2024 @ 08:09 AM
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