Hilton Grand Vacations closed on an upsized $850 million revolving warehouse facility. The facility will accommodate both deeded and trust inventory including loans from legacy Bluegreen Vacations, which HGV acquired in January 2024. The facility...
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November 18, 2024, 07:38 AM
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CIBC announced that Cindy Jamroziak, managing director and senior underwriter, has joined its Asset-based Lending (ABL) team.Jamroziak brings more than 30 years of industry experience to CIBC’s ABL underwriting team. She will support the ABL group’s...
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July 26, 2023, 06:00 AM
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CIBC Innovation Banking acted as the lead arrangement of a $60 million syndicated debt financing commitment for Indianapolis-based Bloomerang, LLC (Bloomerang), a complete donor relationship management solution for thousands of small and medium-sized...
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June 16, 2023, 07:30 AM
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Tide Rock, a growth-oriented holding company of diverse, economically resilient B2B businesses, announced that its investment vehicle, Tide Rock YieldCo, LLC, has secured a $100 million syndicated revolving loan facility from California Bank & Trust...
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May 10, 2023, 07:08 AM
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Runway Growth Finance announced the expansion of its existing revolving credit facility with an increase in aggregate commitments to $500 million from KeyBank Specialty Finance, CIBC Bank USA and other lenders.Borrowings under the Credit Facility...
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April 19, 2023, 08:04 AM
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CIBC President and CEO Victor Dodig announced senior leadership appointments to further the bank's client-focused strategy.The following leadership changes are effective November 1, 2022:Mike Capatides, Senior Executive Vice-President and Group Head...
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October 06, 2022, 08:02 AM
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StoneX Group agreed to amend its existing $401 million senior secured credit facility, to extend the maturity through April 2025 and to increase the size of the facility to $475 million. The existing facility, comprised of a $236 million revolving...
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April 28, 2022, 07:38 AM
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A-Mark Precious Metals, a leading fully integrated precious metals platform, closed a new three-year, committed $350 million credit facility led by CIBC Bank USA, replacing its existing $280 million credit facility. The new credit facility became...
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December 22, 2021, 07:33 AM
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Accel Entertainment, a leading distributed gaming operator in the U.S., amended its existing senior secured credit facility to increase its borrowing capacity from $438 million to $900 million with a new five year term. The Amended Credit Facility...
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October 25, 2021, 08:04 AM
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Pitney Bowes has appointed Tom Doherty as Vice President, Lending Services and Products. He joins Pitney Bowes from CIBC Bank USA where he served as Managing Director and Head of Business Banking.In this global role, Doherty will lead the lending...
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October 11, 2021, 07:00 AM
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CIBC Innovation Banking announced that Jonathan Schupack is joining its growing North American team as Executive Director and Market Lead for the Texas Region. He will be based in CIBC Innovation Banking’s office in Austin, TX.Schupack brings over a...
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August 17, 2021, 07:49 AM
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Douglas Dynamics refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as...
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June 15, 2021, 07:42 AM
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CIBC Innovation Banking provided a growth capital facility for Indianapolis-based Bloomerang, Inc. Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc., and to continue its growth momentum.Bloomerang, a...
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February 11, 2021, 06:00 AM
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Runway Growth Credit Fund, a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced that it has expanded and amended its credit agreement with KeyBank Specialty Finance...
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December 11, 2020, 07:40 AM
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CIBC President and CEO Victor G. Dodig announced that effective April 1, 2019, the bank is moving forward with the planned leadership transition for its US business."Since the acquisition of The PrivateBank in 2017, our US Commercial Banking and...
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March 07, 2019, 08:00 AM
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