Tempur Sealy International has successfully closed on a senior secured Term Loan B facility in an aggregate principal amount of $1.6 billion (the "Term Loan B"). The Term Loan B will mature seven years after the date of closing. The Company also...
Read Story
Filed Under:
October 28, 2024 @ 08:15 AM
|
nFusion Capital and Iron Horse Credit announced the funding of a $5.5 million line of credit to a wholesaler of kitchenware, chinaware, and kitchen accessories. The financing will support the Company’s working capital needs and provide a steady flow...
Read Story
October 28, 2024 @ 08:12 AM
|
Evercore announced that Katrina Niehaus has joined the firm as a senior managing director to lead the firm’s structured finance effort, based in New York.Daniel Mendelow, co-head of U.S. Investment Banking, said, “Katrina is a trusted expert in the...
Read Story
October 28, 2024 @ 08:10 AM
|
PrivateCap announced its launch to unlock new sources of capital for the equipment finance industry by connecting institutional investors to originators in the small and mid-market leases and business lease and loan market. PrivateCap’s founders...
Read Story
October 28, 2024 @ 08:00 AM
|
Stonebriar Commercial Finance closed a seven-year $88 million (CAD) equipment financing facility to Heavy Metal Equipment & Rentals, facilitating the acquisition of 10 CAT 797 ultra-class haul trucks. This is the third transaction closed with the...
Read Story
October 28, 2024 @ 07:55 AM
|
Sallyport Commercial Finance announced the successful funding of $500,000 in accounts receivable finance for a staffing firm whose parent company is an existing client. The client, referred by Sallyport's Account Executive Olivia Hudson, is expanding...
Read Story
October 28, 2024 @ 07:45 AM
|
B&D Capital Partners announced the successful placement of an $89.5 million debt financing led by Huntington Bank and up to $200 million of capital commitments in a special purpose financing vehicle led by Stonehenge Structured Finance Partners and...
Read Story
October 28, 2024 @ 07:10 AM
|
Mirate Equity announced its latest investment initiative in the Los Angeles market with the financing of a premier multifamily apartment complex. This development is set to offer luxury and affordable housing options to support the city's growing...
Read Story
October 28, 2024 @ 07:00 AM
|
Kapitus, a leading provider of financing for small and medium sized businesses, announced the acquisition of Ten Oaks Commercial Capital, a finance company specializing in equipment finance and working capital loans.With this acquisition, Kapitus is...
Read Story
October 25, 2024 @ 08:15 AM
|
Proskauer revealed the results of its Q3 2024 Private Credit Default Index (“Default Index” or the “Index”), with an overall default rate of 1.95%. The Q3 default rate is a decrease from 2.71% in the prior quarter. However, the overall default rate...
Read Story
October 25, 2024 @ 08:11 AM
|