Santander Bank recently unified its commercial & industrial business and its commercial real estate & vehicle financing business into one Commercial Bank in the United States under the leadership of Michael Lee. Lee joined Santander in 2009, and most...
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October 20, 2023, 08:00 AM
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Santander Bank announced that its Commercial Bank closed a $250 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corp (WTEC). Santander acted as administrative agent, joint lead arranger and joint bookrunner on...
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September 15, 2023, 08:00 AM
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Vishay Intertechnology entered into an amendment and restatement of its $750 million credit facility. The amended and restated credit facility extends the maturity date of the revolving credit agreement until May 8, 2028, replaces the existing total...
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May 09, 2023, 07:16 AM
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Santander Bank announced the expansion of its Commercial Equipment and Vehicle Finance business to include commercial equipment financing to healthcare organizations. The new, nationwide offering will provide financing for state-of-the-art medical...
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November 18, 2022, 07:50 AM
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Santander Bank announced the appointments of Donna Cleary to Market Manager and Jim Bravyak to Head of Underwriting & Portfolio Management. In her new role, Cleary will lead an additional team of bankers to focus on the vast opportunity with middle...
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November 10, 2022, 08:02 AM
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SMART Global Holdings completed refinancing transactions via a $275 million Term Loan A Facility and a $250 million undrawn Revolving Credit Facility. Citizens Bank lead the transaction with Santander Bank and Fifth Third Bank acting as Joint Lead...
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February 08, 2022, 07:50 AM
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Santander Bank announced that its Corporate & Investment Banking division (“Santander CIB”) has acted as financial advisor, joint lead arranger, administrative agent and green loan coordinator for the financing of Vineyard Wind 1, the first...
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September 16, 2021, 07:55 AM
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Integer Holdings, a leading medical device outsource manufacturer, announced that as a result of its financial strength and favorable debt markets, the company has successfully raised $1 billion in Senior Secured Credit Facilities to refinance its...
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September 03, 2021, 07:08 AM
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Santander Holdings USA announced that Ashwani Aggarwal has been named Chief Risk Officer, effective August 24, 2021. Aggarwal will report to Santander US CEO Tim Wennes. Ashwani joined Santander in 2019, and most recently served as Head of Risk...
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August 25, 2021, 08:05 AM
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Santander Bank appointed Scott Baldinelli as Head of New England Middle Market Banking. Baldinelli will report to Joe Abruzzo, Head of Commercial Banking for Santander Bank.Baldinelli will lead business development, market growth and relationship...
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March 30, 2021, 08:00 AM
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Santander Bank announced the appointments of Taryn Phelan as Commercial Banking Chief Experience Officer and Michael McDonough as Head of Trade & Working Capital Solutions. Phelan will report to Joe Abruzzo, Head of Commercial Banking, and McDonough...
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February 09, 2021, 08:00 AM
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Santander Bank announced that its Commercial Banking division closed a $100 million credit facility on behalf of Holtec International (Holtec), a privately held energy technology company. Holtec specializes in providing technology and services for a...
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December 09, 2020, 08:00 AM
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Santander Bank announced that its Commercial Banking division provided a $50 million revolving loan to DB Energy Assets, LLC (“DBE”) to support the expansion of its portfolio through the acquisition of an additional operating energy facility in...
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November 02, 2020, 09:05 AM
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Santander Bank's Commercial Banking division provided a $50 million revolving loan to DB Energy Assets, LLC (“DBE”) to support the expansion of its portfolio through the acquisition of an additional operating energy facility in Delaware. The revolver...
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October 30, 2020, 08:06 AM
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Santander Bank, N.A. announced the appointment of three key executives: Patrick Smith has been named Head of Small Business Banking, Giancarlo Marchesi has been named Head of Consumer Lending and Jennifer Mathissen has been named Chief Marketing...
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October 09, 2020, 09:04 AM
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Santander Bank announced that its Commercial Banking division acted as joint lead arranger for a $175 million term loan and $50 million revolver to Purolite Corporation ("Purolite") to facilitate additional spending on capital projects and enhance...
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June 24, 2020, 09:05 AM
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Santander Holdings USA, Inc. announced that Brian R. Yoshida has been named Chief Legal Officer, effective May 4, 2020, and Joe Abruzzo has been named Head of Commercial Banking for Santander Bank, N.A., effective June 1, 2020. Both Yoshida and...
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April 10, 2020, 09:10 AM
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Santander Bank announced that its Commercial Banking division closed a $25 million term-loan facility on behalf of Horizon Group USA. Santander acted as sole lead arranger for the transaction. Horizon Group, headquartered in Warren, New Jersey, is a...
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February 19, 2020, 08:20 AM
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Santander Bank announced that its Commercial Banking division closed a $75 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corporation (WTEC). Santander acted as administrative agent, sole lead arranger and...
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January 23, 2020, 09:05 AM
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Santander Bank announced that its Commercial Banking division provided WEX Inc. (WEX) a $142 million participation commitment in connection with a $1.7 billion senior credit facility and acted as both joint lead arranger and joint bookrunner for a $1...
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December 10, 2019, 09:00 AM
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Santander Bank unveiled its global Santander Cash Nexus solution for Commercial Banking and Corporate and Investment Banking clients in North America. This new platform offers clients a comprehensive suite of global connectivity solutions and...
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October 22, 2019, 08:15 AM
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Santander Bank announced Patrick Dunphy has been appointed Head of its Mid Corporate Banking and Verticals businesses within the Commercial Bank. In his new role, Dunphy will be responsible for leading the growth of Santander's mid corporate banking...
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October 18, 2019, 08:57 AM
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Sterling Bancorp announced its principal subsidiary, Sterling National Bank, has entered into a definitive agreement to acquire a portfolio of middle market commercial equipment finance loans and leases from Santander Bank, N. A.As of Sept. 30, the...
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October 08, 2019, 08:55 AM
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Santander Bank announced Paul Cronin has been selected to lead the bank’s asset based lending business in its Commercial Banking division. Cronin will be responsible for growing Santander’s ABL business, a full-service provider with a highly...
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August 14, 2019, 09:00 AM
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Santander Bank announced that Robert Cerminaro has been promoted to Commercial Banking market director for New England. He is responsible for managing and growing the Bank’s commercial business and delivering Santander’s distinct value proposition...
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February 13, 2019, 08:50 AM
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Santander Bank announced that it has named David Harnisch Head of Commercial Banking. Harnisch joined Santander in 2017 as the Head of Underwriting, Portfolio Management and Commercial Strategy, and will now be responsible for leading and growing its...
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December 04, 2018, 08:00 AM
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Santander Bank announced it has expanded the Commercial Banking Equipment Finance and Leasing business with the addition of four industry experts to the team. The new hires report to Vincent Belcastro, head of Equipment Financing and Leasing, and...
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October 17, 2018, 07:00 AM
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Santander Bank announced that it has expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin as market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi as head of...
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October 16, 2018, 08:12 AM
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Santander Bank announced the formation of its direct private investment practice and has named industry expert Michael Anthony to head the group. The practice connects Santander’s Commercial Banking customers with potential family office partners who...
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October 08, 2018, 08:00 AM
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Santander Bank announced that it is expanding its Commercial Banking presence in the Midwest region by naming Patrick Dunphy as its managing director and Midwest market head based in Chicago. Patrick brings more than 25 years of diverse experience in...
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September 28, 2018, 08:12 AM
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Santander Bank announced that Robert Cerminaro has joined the Bank as the regional executive of Commercial Banking for Connecticut. In this role, Cerminaro is responsible for growing the Bank’s corporate and commercial business and delivering...
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September 25, 2018, 07:15 AM
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Santander Bank announced that it is expanding its Commercial Banking presence in the Southwest region by naming Joanna Ridgway as its market head. As corporate market director for the Bank's Commercial Banking business in the Southwest, Joanna brings...
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August 17, 2018, 08:20 AM
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Santander Bank announced that technology, media and telecommunications (TMT) banking veteran Laura Fazio has been appointed to head TMT Banking in its Commercial Banking division. Laura is responsible for leading the Commercial Bank's national...
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July 20, 2018, 07:30 AM
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Santander Bank announced that Brian Schwinn has been appointed to head the Bank’s asset based lending (ABL) and restructuring finance business in its Commercial Banking division. Schwinn is responsible for growing Santander’s ABL business, a...
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July 11, 2018, 07:26 AM
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Santander Bank announces that its Asset Based Lending group has closed a $10 million senior secured revolving line of credit with Janel Group, Inc. to support its growing working capital needs. Janel Group provides full-service cargo transportation...
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March 13, 2018, 07:09 AM
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Santander Bank has appointed Ellen Marshall to Regional Head of Middle Market for New York and New Jersey in its Commercial Banking division. In this role, Marshall is responsible for managing the Bank’s middle market business in Manhattan, Long...
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August 18, 2017, 08:01 AM
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Santander Bank announced that veteran commercial banking executive Robert Rubino has been named Co-President of the Bank and Managing Director, Head of Corporate and Commercial Banking. Santander also announced that Michael Cleary, the Bank’s current...
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June 28, 2017, 07:28 AM
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MediaMath, an independent programmatic company for marketers, announced a new $175 million senior secured credit facility, led by Goldman Sachs, in partnership with Santander Bank. MediaMath will use this new line of credit to refinance existing debt...
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June 09, 2017, 07:35 AM
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Citizens Bank announced the appointment of Jack Murphy as President of Business Banking. Murphy, an industry veteran with more than 25 years of experience, previously served as head of Business Banking Sales. Murphy replaces Chris Ward, who is...
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April 26, 2017, 07:58 AM
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Santander Bank announced that Steven Silverstein has joined its Asset-Based Lending (ABL) group as Senior Vice President.
Silverstein is responsible for building new borrowing relationships in the New York area. He has been in the financial services...
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April 13, 2017, 07:06 AM
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Santander Bank announced that its Corporate and Commercial Banking division has closed a $10 million senior secured revolving line of credit with OL International, an ocean and airfreight cargo transportation provider.Michael Grande, Senior Vice...
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April 11, 2017, 07:05 AM
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Webster Bank named three bankers to the position of senior vice president, commercial banking:Stephen Burke has joined Webster, bringing with him more than 10 years of banking experience. Most recently, he worked for Antares Capital and GE Capital....
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March 02, 2017, 07:45 AM
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Santander Bank announced that its asset-based lending team has closed a $30 million senior-secured revolving line of credit with Bonamar Corporation, one of the leading importers, processors and distributors of crabmeat and seafood products. Michael...
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February 22, 2017, 08:03 AM
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Vonage Holdings, a provider of cloud communications services for businesses, has completed the acquisition of privately-held Nexmo for $230 million and closed on an expanded $450 million credit facility. San Francisco-based Nexmo provides application...
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June 07, 2016, 07:56 AM
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Santander Bank announced that it served as left-lead agent in a $115 million senior-secured revolving line of credit facility to The Fishin’ Company, Inc., based in Pittsburgh, PA. The Company will use the financing to support its large and growing...
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April 13, 2016, 07:46 AM
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Santander Bank has appointed Siobhan Schroth to the role of head, middle-market banking in its Corporate and Commercial Banking division. Schroth joined Santander in September 2015, bringing to the company nearly 30 years of banking experience in...
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March 10, 2016, 08:01 AM
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Santander Bank has provided a $25 million senior-secured revolving line of credit to The Tuna Store, LLC (TTS), a subsidiary of Tri-Marine US Holdings, LLC. Proceeds from the facility will be used to support the company’s rapidly growing business in...
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January 14, 2016, 07:36 AM
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MVC Capital, Inc., a publicly traded business development company that makes private debt and equity investments, announced that it has entered into a three-year, $50 million revolving borrowing base credit facility with Santander Bank as a lender...
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December 11, 2015, 07:26 AM
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William H.W. Crawford, IV, Chief Executive Officer of United Financial Bancorp, Inc. and United Bank of Glastonbury, Conn., announced that they have recruited and built a team of top bankers from the Worcester area who have the expertise and...
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January 07, 2015, 07:11 AM
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Santander Bank, N.A. announced that Albert Spada has been named managing director and head of asset based lending. The ABL business at Santander provides commercial banking services to a range of customers across industries and has the capability to...
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November 07, 2014, 07:10 AM
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Architectural Window is a nationally recognized leader in designing, engineering, manufacturing and installing custom designed windows for high-end renovations and new construction based in Rutherford, NJ. The Company's products are typically used in...
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March 19, 2014, 07:26 AM
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