TD Bank Group announced that, following several years of active cooperation and engagement with authorities and regulators, it has reached a resolution of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) and Anti-Money...
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October 11, 2024, 08:15 AM
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The Wall Street Journal reported that TD Bank is expected to pay roughly $3 billion in penalties and accept limits on its growth in the U.S. as part of a settlement with regulators and prosecutors over charges it failed to properly monitor money...
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October 10, 2024, 08:10 AM
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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...
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September 27, 2024, 08:03 AM
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TD Bank Group and Chief Executive Officer, Bharat Masrani, announced his intention to retire on April 10, 2025, after 38 years at the Bank and more than a decade as CEO. In line with TD Bank Group's succession plan, the Board of Directors announced...
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September 20, 2024, 08:03 AM
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TD Bank announced that Chris Ward has been named Regional President of the Mid-South Metro, which includes Delaware, Maryland, the District of Columbia, Virginia, North Carolina and South Carolina.In this role, Ward will head TD Bank's Mid-South...
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August 14, 2024, 08:00 AM
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TD Bank promoted Scott Daigle to North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona, Lakeland and Melbourne...
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August 09, 2024, 08:02 AM
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TD Bank appointed Steve Moroney as its Commercial Market President for Connecticut and Rhode Island. Moroney is based in New Haven, CT.“Steve is a long-tenured TD colleague and dedicated people leader with immense commercial banking and small...
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July 12, 2024, 07:45 AM
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Elme Communities, a multifamily owner and operator, entered into a new $500 million credit facility to replace the prior revolving credit facility which had been due to mature in August 2025. The new credit facility has a four-year term ending on...
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July 12, 2024, 07:32 AM
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TD Bank Group (TD) announced the launch of TD Innovation Partners (TDIP), a division of The Toronto-Dominion Bank. TDIP is a new full-service team providing bespoke, high-touch banking and financing solutions in support of technology and innovation...
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June 19, 2024, 07:19 AM
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Bowman Consulting Group entered into a $100 million aggregate revolving credit agreement with Bank of America as Administrative Agent, and TD Bank as Syndication Agent. With a five-year term, the Credit Agreement replaces the Company’s $70 million...
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May 06, 2024, 07:55 AM
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Progress, a provider of infrastructure software, entered into a Fourth Amended and Restated Credit Agreement, which provides a revolving credit facility in an aggregate principal amount of $900 million, and replaces the Company’s existing secured...
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March 08, 2024, 08:00 AM
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TD Bank has named Don Baker Commercial Market President of Northern New England. In this expanded role, Baker will lead the commercial and small business banking teams in Maine, New Hampshire and Vermont.“Don is a well-respected and deeply...
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February 15, 2024, 07:40 AM
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Timbercreek Financial announced that on February 8, 2024, the Company entered into a third amended and restated credit agreement with a syndicate of 9 lenders for revolving credit facilities in an aggregate amount of $510 million (which includes a...
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February 09, 2024, 07:47 AM
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Dominion Lending Centres amended and extended its credit facilities with The Toronto-Dominion Bank effective December 19, 2023. The maturity date for the credit facilities has been extended from December 22, 2024 to December 19, 2026.The amended...
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December 21, 2023, 07:35 AM
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TD Bank Group announced changes to its Senior Executive Team, that reflect the strength of the Bank's leadership bench.Ray Chun becomes Group Head, Canadian Personal Banking, effective immediately. Most recently, Chun served as Group Head, Wealth...
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December 11, 2023, 07:57 AM
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TD Bank Group announced the significant expansion of its Global Financial Institutions ("FIG") Investment Banking coverage in the US as well as other product areas, including Equity Sales, Equity Capital Markets, Debt Capital Markets, and Equity...
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December 04, 2023, 08:02 AM
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TD Bank Group announced the appointment of Alan MacGibbon as Chair of the Board of Directors, effective February 1, 2024. MacGibbon will succeed Brian Levitt, who will also retire from the Board following the Bank's annual meeting of shareholders on...
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November 30, 2023, 07:38 AM
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TD Bank announced Mike Nursey has been named its North Florida Commercial Market President to support continued growth efforts in the region, which includes the greater Orlando, Tampa/St. Petersburg, Jacksonville, Gainesville, Ocala, Daytona...
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November 22, 2023, 07:39 AM
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TD Bank announced Jill Gateman as Head of Middle Market Products & Services within TD's Commercial Bank.Gateman will lead TD's Commercial Bank Middle Market growth strategy, focusing on deepening market penetration in TD's existing markets while...
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October 13, 2023, 08:22 AM
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The Liberty Company Insurance Brokers (Liberty), one of America’s fastest-growing privately held insurance brokerages, completed a $340 million refinancing transaction on July 31, 2023. The offering was well received by the banking community and was...
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August 18, 2023, 07:35 AM
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HLS Therapeutics, a pharmaceutical company focusing on central nervous system and cardiovascular markets, announced an extension to its credit agreement, senior secured term loan, revolver facility and expansion facility with a syndicate of leading...
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August 14, 2023, 08:10 AM
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The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility...
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June 22, 2023, 07:45 AM
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TD Bank Group and First Horizon Corporation have entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on February 28, 2022. TD informed First Horizon that TD does not have a timetable for...
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May 04, 2023, 08:00 AM
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TD Bank Group (TD) announced the following appointments to reflect the expanded mandates of two Senior Executive Team (SET) members.Barbara Hooper will become Group Head, Canadian Business Banking, TD Bank Group, effective May 1, 2023. Barbara has...
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March 10, 2023, 08:00 AM
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TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.TD and First Horizon are fully committed...
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February 10, 2023, 07:53 AM
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TD Bank has named Sheryl L. McQuade as the Regional President of its New England Metro.In this role, McQuade will lead TD Bank’s New England consumer and small business, commercial, and middle-market banking and lending services throughout a network...
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December 16, 2022, 07:00 AM
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Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a...
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December 09, 2022, 08:08 AM
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The Commercial Bank of TD Bank made a $5 million equity investment in Citizens Trust Bank in Atlanta, Ga., to help expand opportunities for minority businesses as it eyes further expansion into the region. Citizens Trust Bank is a black-owned...
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December 01, 2022, 05:00 AM
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Tornado Global Hydrovacs amended the Company’s credit facility with The Toronto-Dominion Bank to increase the revolving operating line of credit from $3 million to $6 million.“The increase in the Operating Line provides us with the financial...
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November 14, 2022, 07:09 AM
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TD Bank appointed Gregory Carlisle as its Commercial Market President for South Jersey/Coastal New Jersey. He succeeds Robert Curley III, following his move to Regional President of the Pennsylvania and New Jersey Metro.In this role, Carlisle will...
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October 27, 2022, 07:55 AM
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TD Bank provided an $18 million, tax-exempt loan to YMCA of Delaware for the construction of a new facility in Middletown. The loan was completed by Matthew Barnes, TD Bank Relationship Manager, and Lisa Kirkwood, Regional Vice President of Delaware...
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October 21, 2022, 06:00 AM
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TD Bank announced Steve Boyle has been named Chief Operating Officer, a newly created position reporting to Leo Salom, President and CEO. Boyle will be responsible for scaling the bank’s operations to support its growth priorities, continuing the...
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October 13, 2022, 08:00 AM
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ClearStream Energy Services amended its asset-based revolving credit facility with The Toronto-Dominion Bank to increase the maximum borrowings available thereunder to $50 million. The amount available under the ABL Facility will vary from time to...
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October 07, 2022, 07:46 AM
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Charles River Associates, a worldwide leader in providing economic, financial, and management consulting services, announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders. The five-year facility is for...
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August 23, 2022, 07:51 AM
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Wabtec Corporation signed an amended and restated credit agreement that will increase the size of its existing revolving credit facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw term loan facility. The facility...
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August 18, 2022, 07:38 AM
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TD Bank Group and Cowen Inc. announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long...
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August 02, 2022, 08:02 AM
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Converge Technology Solutions refinanced its existing $300 million ABL credit facility with a new five-year $500 million global revolving credit facility led by J.P. Morgan and Canadian Imperial Bank of Commerce as joint lead arrangers, with the Bank...
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July 29, 2022, 07:50 AM
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TD Bank announced Don Baker has joined TD as the Vermont Commercial Market President. Baker succeeds Phil Daniels, who will be retiring later this year after 40 years with TD.“We thank Phil for his outstanding leadership and dedication to his TD...
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July 15, 2022, 07:58 AM
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TD Bank provided a $28 million loan to Dantes Partners, the Delta Housing Corporation of D.C. (DHCDC) and Gilbane Development Company for the complete renovation of a multi-housing community located in a rapidly evolving Washington, D.C....
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June 22, 2022, 07:00 AM
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TD Bank appointed Robert (Rob) Curley III Regional President for its Pennsylvania/New Jersey Metro. He succeeds Michael Carbone following his retirement after 30 distinguished years at TD.In this role, Curley will provide strategic direction and...
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June 16, 2022, 07:55 AM
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DHI Group signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million. The facility, previously...
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June 14, 2022, 07:45 AM
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First Horizon Corporation announced it has received shareholder approval for The Toronto-Dominion Bank (TD) to acquire First Horizon. The transaction is expected to close in the first quarter of TD's 2023 fiscal year subject to U.S. and Canadian...
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June 01, 2022, 07:33 AM
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ClearStream Energy Services completed the refinancing of its asset-based revolving credit facility. ClearStream established a new $25 million asset-based revolving credit facility with a three-year term to replace its existing $15 million asset-based...
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April 18, 2022, 08:00 AM
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TD Bank promoted four employees into key positions to support and grow the bank's goal of strengthening its position as an industry leader in supporting diverse communities and businesses of all sizes in the Delaware Valley. Geoff Brandon has been...
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April 13, 2022, 07:53 AM
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TD Bank Group and First Horizon Corporation announced that they have signed a definitive agreement for TD to acquire First Horizon in an all-cash transaction valued at US$13.4 billion, or US$25.00 for each common share of First Horizon. Through this...
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February 28, 2022, 07:49 AM
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Progress entered into an amended secured credit facility in the aggregate amount of $575 million, including a $275 million senior secured term loan and a $300 million revolving line of credit. The credit facility may be incrementally expanded by an...
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January 28, 2022, 07:55 AM
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MediaValet, a leading provider of enterprise digital asset management and creative operations software, entered into a new credit facility pursuant to the terms of a credit agreement entered into between the Company and TD Bank Group that provides...
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January 20, 2022, 07:37 AM
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Resolute Forest Products announced a reset of the five-year maturity of its senior secured asset-based revolving credit facility ("ABL credit facility") with an aggregate lender commitment of up to $450 million at any time outstanding, subject to...
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December 16, 2021, 07:40 AM
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Getty Realty entered into a Second Amended and Restated Revolving Credit Agreement (the “Credit Agreement”) with a group of existing and new lenders that amended and extended the Company’s existing $300 million senior unsecured revolving credit...
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October 29, 2021, 06:00 AM
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After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal Banking, has informed TD of her intention to retire at the end of January 2022. Upon her retirement, she will be appointed to TD's U.S. Board of Directors, effective...
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October 28, 2021, 08:07 AM
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Stingray Group, a leading music, media and technology company, successfully completed the increase and extension of its existing credit facilities, providing additional liquidity for operations and M&A activities. The $442.5 million credit facilities...
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October 19, 2021, 07:34 AM
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Creative Energy Developments, a leading owner and operator of district energy systems in North America, closed a $53 million credit facility, which includes the refinancing of $28 million of existing debt and a new $22 million green loan facility...
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October 14, 2021, 07:38 AM
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Spin Master Corp., a leading global children's entertainment company, entered into an agreement with a syndicate of lenders to amend and restate its existing credit facility.Under the agreement, Spin Master's existing US$510 million five-year secured...
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September 30, 2021, 06:00 AM
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AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility....
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September 24, 2021, 07:51 AM
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TD Bank appointed Hugh W. Allen as Regional President for its Mid-South Metro, which includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina and South Carolina.In this role, he will provide strategic direction and sales...
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August 02, 2021, 07:41 AM
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Tornado Global Hydrovacs entered into a $3,000,000 revolving operating line of credit and a $4,875,000 term loan with The Toronto-Dominion Bank (“TD”). A portion of the TD Facility will be used to repay the balance of a non-interest bearing vendor...
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July 15, 2021, 07:35 AM
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Sonoco, one of the largest global diversified packaging companies, entered into a new five-year $750 million revolving credit facility with a syndicate of banks. The Credit Agreement replaces an existing credit facility entered into on July 20, 2017...
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July 01, 2021, 07:23 AM
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TD Bank Group announced the following executive changes, effective September 1, 2021.Bob Dorrance to retire; will remain Chairman of TD SecuritiesAfter a storied 40-plus-year career, Bob Dorrance, Chairman, CEO and President of TD Securities will...
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June 24, 2021, 08:10 AM
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On May 10, 2021, Timbercreek Financial Corp. entered into an amendment to its existing revolving credit facility to, among other things, extend the term of the facility for an additional sixteen and a half months to May 10, 2023 and amend the...
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May 14, 2021, 07:27 AM
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Strategic Venue Partners (SVP),closed a new Senior Secured Credit Facility with TD Securities as lead left arranger and bookrunner on the financing. The facility will be used to fund future wireless infrastructure development with new and existing...
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February 12, 2021, 07:20 AM
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TD Bank has combined its previous Commercial and Corporate and Specialty Banking teams to create a new Commercial Bank. The new Commercial Bank will drive growth, deliver a better client and colleague experience and create efficiencies."Our...
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January 29, 2021, 08:00 AM
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The Toronto-Dominion Bank (TD) and Wells Fargo & Company announced a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian Direct Equipment Finance business.The acquisition of Wells Fargo's Canadian...
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January 15, 2021, 08:17 AM
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More than half (58 percent) of small business owners (SBOs) report they expect their revenue to decrease in 2020, even though 47 percent stated they did not have to close for any amount of time during the COVID-19 pandemic, according to results of TD...
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August 05, 2020, 08:00 AM
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TD Bank appointed Jyotsana "Jo" Jagadish Head of Commercial Operating Products and Payment Innovation, a new role focused on developing and executing a strategy that positions TD as a partner of choice for commercial fintechs by engaging in market...
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July 28, 2020, 10:00 AM
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Half of corporate treasury and finance professionals do not believe an economic recession is a threat in 2020, according to a recent survey conducted by TD Bank, at the 2019 Association of Financial Professionals Annual Conference held in October in...
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February 21, 2020, 09:10 AM
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Residents of Massachusetts and Connecticut will have increased access to community-based human services thanks to a recent financing arrangement between Vinfen Corporation and TD Bank. TD Bank's Education, Not-for-Profit and Government Finance Group...
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December 10, 2019, 08:00 AM
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TD Bank announced that its U.S. Small Business Administration (SBA) Lending Group closed $2.4 million combined in 7(a) term and 7(a) Express loans for The Kubert School in Dover, New Jersey, which offers a fully accredited three-year course for...
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October 17, 2019, 08:00 AM
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TD Bank has promoted Gary Barr to New Hampshire Commercial Market President. In this role, Barr will oversee all community and small business lending and drive growth for TD's commercial portfolio across the Granite State.Barr has more than 30 years...
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October 04, 2019, 08:45 AM
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TD Bank has named Steve C. Webb as Regional President for Southern New England (SNE). Webb will lead the SNE Metro commercial and retail banking teams in Massachusetts, Rhode Island, Upstate New York and Connecticut. "Steve's leadership and strategic...
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August 29, 2019, 08:50 AM
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When it comes to preparing for the future, U.S. businesses are acting with caution. Although 83 percent of respondents have a positive outlook on the economy, more than half (58 percent) are preparing for an economic downturn, according to a newly...
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June 27, 2019, 08:55 AM
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TD Bank has named Sheryl L. McQuade Regional President for Northern New England, covering Maine, Vermont and New Hampshire.In this role, McQuade will lead TD Bank's Northern New England retail, small business, commercial and middle-market banking...
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June 27, 2019, 08:50 AM
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TD Bank announced that it executed a $23.4 million credit facility for a direct purchase of a tax exempt bond for The Governor’s Academy in Byfield, Massachusetts.The funds will be used to refinance three series of existing debt, facilitate swap...
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May 29, 2019, 08:35 AM
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Timbercreek Financial Corp. entered into an amendment to increase its credit facility by $60 million, and extend the terms of the facility for an additional year. The facility is provided by a syndicate of lenders, with the Toronto-Dominion Bank...
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November 26, 2018, 07:05 AM
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TD Bank has named Gene Van Vort as Managing Director of New Business Development in Asset Based Lending. Based in Boston, he is responsible for delivering ABL financing solutions from $20 million to over $1 billion to new and existing clients...
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June 18, 2018, 07:11 AM
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TD Bank has named John J. Lim as Senior Vice President, Business Development Officer in Asset Based Lending. Based in New York City, he is responsible for delivering ABL financing solutions to new and existing middle market and mid corporate clients...
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March 26, 2018, 07:06 AM
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Corporate financial professionals are bullish about the economy and their own companies for 2018, according to a survey released today by Strategic Treasurer and TD Bank. Bank professionals, who were also polled in the survey, are even more...
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March 23, 2018, 08:00 AM
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TD Bank has named James P. Gaspo as Regional Vice President, Commercial Banking for the Greater Capital Region of New York. Based in Albany, he will lead a team of commercial banking professionals serving the needs of businesses across Upstate New...
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December 08, 2017, 08:21 AM
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TD Bank has appointed Ted Hopkinson as Head of U.S. Corporate and Specialty Banking, reporting to TD Bank Chief Operating Officer Greg Braca. Based in Philadelphia, Pa., Hopkinson directs the U.S. strategy for Corporate Banking, in partnership with...
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March 01, 2017, 07:26 AM
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TD Bank has appointed Christopher Giamo Head of Regional Commercial Bank. Based in Cherry Hill, New Jersey, and New York, New York, Giamo has U.S. accountability for small business, middle market and commercial lending; government banking; treasury...
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January 04, 2017, 07:48 AM
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Pulse Seismic Inc. has extended its revolving credit facility for an additional year. The new maturity date of the facility is February 13, 2020. The facility's available borrowing amount remains at $30.0 million. Up to $5.0 million of the revolving...
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December 14, 2016, 07:12 AM
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TD Bank Group announced that Mike Pedersen, President and Chief Executive Officer of TD Bank, has informed the Bank of his intention to retire in the summer of 2017. TD has named Greg Braca, current Head of Corporate and Specialty Banking, as Chief...
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October 28, 2016, 07:53 AM
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CIT Group announced that CIT Franchise Finance added four sales professionals to its Mid-Cap Restaurant Franchise Finance group.“These new members of our sales team bring long-standing experience in the restaurant industry as well as exceptional...
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September 22, 2016, 07:29 AM
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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, today announced that it has completed a $1.8 billion five-year revolving syndicated credit facility with 24 financial institutions that will expire in June 2021 and can be...
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June 20, 2016, 07:48 AM
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Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, announced the expansion of its existing credit facility from $240 million to $400 million, to fund its...
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June 20, 2016, 07:36 AM
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TD Bank has named Steven E. Datkuliak as Vice President, Senior Relationship Manager in Commercial Banking, based in Gainesville, FL. He will provide financing, treasury and banking solutions to commercial clients in Gainesville, Lake City and High...
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June 20, 2016, 07:28 AM
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Blue Hills Bank has hired bankers A. Keith Broyles and Yvonne Kizner to lead its new Asset-Based Lending initiative. Formerly senior vice president and first vice president, respectively, at First Niagara Commercial Finance, Broyles and Kizner join...
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March 24, 2016, 07:59 AM
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Blue Harvest Fisheries announced the acquisition of seven Massachusetts-based scallop vessels and related shoreside assets from Harbor Blue Seafood, Inc. and related affiliates (“HBS” or “Harbor Blue”). Blue Harvest now owns 15 scallop vessels and...
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March 21, 2016, 07:46 AM
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Texas Capital Bank announced it has hired Brian Frank to expand its Franchise Finance platform on a national scale. The bank is already active in the space, primarily in Texas, and Frank will lead a new initiative to develop relationships with both...
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March 17, 2016, 08:03 AM
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Cervus Equipment Corp. has entered into an amended and extended revolving credit facility with its existing syndicate of underwriters led by The Toronto-Dominion Bank and including Canadian Imperial Bank of Commerce and Wells Fargo. The principal...
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December 22, 2015, 07:13 AM
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Higher interest rates will not upend growth, but reflect the underlying strength of the U.S. economy according to a report released today by TD Economics, an affiliate of TD Bank."With domestic spending and job creation running well above trend, the...
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December 18, 2015, 07:28 AM
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A new survey from TD Bank reveals chief financial officers (CFOs) plan to significantly increase their company's capital spending in 2016, as the economic outlook remains positive despite forecasts of an interest rate increase and uncertainty in...
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November 17, 2015, 07:50 AM
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Reuters reported that Toronto-Dominion Bank has begun laying off staff in Canada and the United States as part of a company-wide initiative to cut costs, according to two sources familiar with the matter.According to the Reuters report, TD, Canada’s...
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October 19, 2015, 08:06 AM
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Healthcare continues to be a burgeoning and ever-changing business in the United States, creating demand for products and services from equipment investments to practice acquisitions. To support the growing needs of small and mid-size practices, TD...
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October 16, 2015, 07:58 AM
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Santander Bank, N.A. has appointed JohnPaul Nuzzo as vice president and relationship manager in the Bank’s Asset-Based Lending group. His responsibilities include originating and managing asset-based credit facilities for new and existing...
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September 25, 2015, 07:39 AM
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H&R Block, Inc. announced its wholly owned subsidiary, Block Financial LLC, entered into a new five-year, $2.0 billion Credit and Guarantee Agreement. JPMorgan Chase Bank, N.A. acted as the administrative agent, and Bank of America, N.A., SunTrust...
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September 22, 2015, 07:39 AM
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Peapack-Gladstone Financial and Peapack-Gladstone Bank announce the appointment of Frank H. D'Alto to the position of Senior Managing Director, Commercial Banking. D'Alto will be responsible for further growth of the commercial middle-market lending...
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August 04, 2015, 07:39 AM
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First Niagara Financial Group, Inc. named Jeff L. Hubbard to serve as New England Regional President, leading the company's New Haven-based team of bankers across Connecticut and Massachusetts.Hubbard joins First Niagara from TD Bank, N.A., where he...
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June 19, 2015, 07:28 AM
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Bloomberg reported that Wells Fargo & Co. and Toronto-Dominion Bank are exploring offers for a batch of U.S. commercial-lending businesses General Electric Co. is selling as whittles down its finance arm.According to the Bloomberg story, Capital One...
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June 12, 2015, 07:45 AM
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Macro Enterprises Inc. has entered into a commitment letter with The Toronto-Dominion Bank ("TD Bank") for the provision of $115 million in new senior secured credit facilities. TD Bank has committed to structure and arrange the new credit facilities...
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May 26, 2015, 08:08 AM
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MTBC, a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, announced that on March 6, 2015 its revolving line of credit with TD Bank, N.A. was increased from $1.215 million to $3.0 million...
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March 16, 2015, 07:00 AM
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Community Housing Capital (CHC), a community development financial institution (CDFI) and national community development lender, announced today a $5 million investment from TD Bank. This three-year credit facility will support CHC’s lending...
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February 23, 2015, 07:17 AM
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TD Bank has promoted Christopher L. Rallo to Senior Relationship Manager in the Commercial Banking, based in Wilton, Conn. He is responsible for managing and growing a large and diverse portfolio of commercial lending, commercial real estate and...
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October 16, 2014, 07:09 AM
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The American economy is showing renewed vigor and is poised for a pickup in growth, according to a report released today by TD Economics, an affiliate of TD Bank."Job growth is gaining speed and confidence is rising," says TD Chief Economist, Craig...
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September 26, 2014, 07:37 AM
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Varagon is an independent firm, backed by American International Group, Inc. and by certain partners and affiliates of Oak Hill Capital Management (Oak Hill), and launches with an initial $1.5 billion investment commitment from AIG.For investors...
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June 12, 2014, 07:53 AM
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Sun National Bank has grown its commercial lending team to expand its focus in Central New Jersey. The bank has appointed Patrick Farrell Senior Vice President and Regional Manager to lead the new territory. Steven Forleiter has been named Senior...
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June 11, 2014, 07:35 AM
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Firestone Financial Corp. a leader in equipment financing, signed a $225 million, multi-year revolving credit facility at the end of last year; this is an increase from the prior facility of $125 Million. The bank group is led by RBS Citizens, N.A....
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June 02, 2014, 07:48 AM
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A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle-market and large corporate finance executives. According to TD Bank's fourth Annual CFO Survey, nearly 60% of respondents are optimistic about...
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May 08, 2014, 07:20 AM
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TD Bank has named Elana Reiter as Vice President, Senior Lender in New York City. She is responsible for working with middle market companies throughout the NY Metro area to create customized banking solutions, including structuring loans to help...
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April 24, 2014, 06:54 AM
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Photronics, Inc., a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, has entered into a new five-year revolving credit facility with its existing lenders in the amount of $50 million, with an...
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December 06, 2013, 07:55 AM
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Taiga Building Products has renewed its senior secured revolving credit facility (the "Facility") with a syndicate of lenders led by JPMorgan Chase Bank and including the Bank of Montreal, HSBC Bank, PNC Bank, Bank of Nova Scotia and TD Bank. The...
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November 26, 2013, 11:28 AM
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TD Bank has promoted Craig A. Pasko to Senior Vice President in Middle Market Lending for Central New Jersey. Based in Piscataway, he is responsible for developing commercial banking relationships with middle-market companies across the Central and...
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November 15, 2013, 07:35 AM
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A new national survey from TD Bank reveals that middle-market and corporate CFOs are more confident about both their organizations' ability to manage financial risk and the financial prospects for their companies, indicating the potential for...
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November 07, 2013, 07:24 AM
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TD Bank provided a $13.5 million loan to Mountain Area Health Education Center (MAHEC) to support operations of its newly completed Asheville Biltmore campus. The loan carries a 20-year term and was completed by TD Bank’s local commercial banking...
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October 10, 2013, 07:54 AM
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The recovery in the economy will continue to show improvement over the next year, despite the recent rise in interest rates, according to a new report by TD Economics, an affiliate of TD Bank, America's Most Convenient Bank."The U.S. economy has...
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September 26, 2013, 07:46 AM
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TD Bank has named Vicki A. Woodard as Vice President, Senior Loan Officer in New England Healthcare Finance in Boston where she is responsible for growing and managing a portfolio of highly valued healthcare clients throughout Massachusetts....
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September 03, 2013, 07:53 AM
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Sun National Bank has named Imran Riaz Chief Credit Officer and Senior Vice President. Riaz will lead Sun's credit team and oversee the asset quality of the company's loan portfolio, which includes underwriting, credit, special assets, loan...
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August 27, 2013, 07:40 AM
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Siena Lending Group announced the hiring of Steve Fuscaldo as director of new business originations. With close to 30 years of asset based lending experience, Fuscaldo adds to the senior credit talent at Siena, while broadening its origination...
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July 26, 2013, 07:56 AM
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RTI Biologics Inc., a leading provider of orthopedic and other biologic implants, announced today that it has completed the acquisition of Pioneer Surgical Technology.RTI previously announced plans to acquire all of the outstanding stock of Pioneer...
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July 16, 2013, 03:08 PM
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Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and first responders on the federal, state and local levels, announced the completion of financing transactions that...
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July 02, 2013, 08:06 AM
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BlueLinx Holdings, a leading distributor of building products in North America, has entered into an amendment to its U.S. revolving credit agreement that increases the amount of its credit facility to $447.5 million from $422.5 million.Under terms of...
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June 28, 2013, 08:06 AM
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Group 1 Automotive, Inc., an international, Fortune 500 automotive retailer, completed a $1.7 billion five-year revolving syndicated credit facility with 25 financial institutions that will expire in June 2018 and can be expanded to $1.95 billion...
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June 21, 2013, 07:51 AM
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RTI Biologics Inc. (RTI), a leading provider of orthopedic and other biologic implants, announced its intent to acquire privately held Pioneer Surgical Technology (Pioneer), headquartered in Marquette, MI. Pioneer is a leading medical technology...
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June 12, 2013, 07:37 AM
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Small business loan approvals improved to an all-time index high of 16.8% at big banks, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. Lending approvals jumped in April after...
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May 10, 2013, 07:31 AM
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Farmington Bank announced the appointment of Michael T. Schweighoffer to the newly-created position of Executive Vice President, Chief Lending Officer; and the promotion of Catherine M. Burns to Executive Vice President, Chief Risk Officer."Michael...
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May 06, 2013, 07:27 AM
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Student Transportation Inc. and its subsidiaries announced today it has signed a new five year amended agreement with its senior lenders to extend the current bank credit facility agreement to February 2018. The company was in the second year of a...
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March 05, 2013, 07:22 AM
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Reuters reported that CIT Group had preliminary talks over the past year and a half to sell itself to banks, including Toronto-Dominion Bank and Wells Fargo & Co, but nothing came of the conversations, according to three people familiar with the...
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February 11, 2013, 07:52 AM
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A new national survey from TD Bank reveals that both middle-market and corporate CFOs are optimistic for macroeconomic and business growth at a level unseen since the height of the Great Recession. Nearly half (46%) of finance managers polled said...
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February 07, 2013, 07:39 AM
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The main obstacle standing in the path of faster U.S. economic growth is a strong headwind blowing in from fiscal restraint, according to a report released today by TD Economics, an affiliate of TD Bank.
"Without fiscal drag, the U.S. economy would...
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December 14, 2012, 08:04 AM
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TD Bank has appointed two executives to senior regional leadership roles in the company’s growing Healthcare Banking group.
Emmet Conlon, senior vice president, Healthcare Leader for New York, has been named head of Healthcare North, overseeing TD’s...
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November 27, 2012, 07:37 AM
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Resource America extended the maturity of its $7.5 million revolving credit facility with TD Bank to December 31, 2014 from August 31, 2013 and eliminated the 6% interest rate floor. Borrowings under the facility will be at either (i) the prime rate...
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November 20, 2012, 08:04 AM
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International Speedway amended and restated its $300 million revolving credit facility provided by multiple lenders. The amendment provides better terms and extends the final maturity of the facility from November 2015 to November 2017. The facility...
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November 19, 2012, 07:32 AM
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TD Economics, an affiliate of TD Bank, released a special report crediting the revival of the U.S. manufacturing sector as a key driver in the economic recovery, largely due to a slowdown in offshoring activity. This slowdown has kept in the U.S....
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October 16, 2012, 06:31 AM
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The U.S. economy is on the right track to faster growth, but obstacles will slow progress over the next year, according to a report released today by TD Economics , an affiliate of TD Bank."The U.S. economy is healing from the scars of the Great...
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September 19, 2012, 06:00 AM
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TD Bank Asset-Based Lending Group has provided $39 million in financing to support the acquisition of Albert Tire Company by Bennett Capital Partners and an unnamed private investment firm. The credit facilities consist of a $35 million revolver and...
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September 17, 2012, 08:00 AM
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