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Week's News

Blackstone announced that the Blackstone Private Multi-Asset Credit and Income Fund (BMACX) has been declared effective by the U.S. Securities and Exchange Commission.This marks a significant milestone for BMACX, which will aim to provide individual... Read Story

Filed Under: Private Credit
March 11, 2025 @ 08:15 AM

Silver Point Capital announced that its Direct Lending business has led the financing supporting the previously announced acquisition of Brightcove Inc., a U.S.-based streaming technology company, by Bending Spoons, the Italy-based technology company... Read Story

Filed Under: Technology
March 11, 2025 @ 08:00 AM

First Citizens Bank announced that its CIT Commercial Services subsidiary provided a $45 million non-recourse factoring facility to a sponsor-owned, technology-driven logistics services company in the Mountain States region.The transaction was... Read Story

Filed Under: Logistics
March 11, 2025 @ 07:59 AM

Client: An established Arizona contractor provides commercial and residential glass as well as commercial wood and metal doors. Clients include large hotels, hospitals, office buildings and retail locations as well as residential clients requiring... Read Story

Filed Under: Specialty Industries
March 11, 2025 @ 07:56 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the growth of a360inc (“a360”) and ProVest, LLC (“ProVest”, together, the “Company”) by funds sponsored by Morgan Stanley... Read Story

Filed Under: Legal
March 11, 2025 @ 07:47 AM

Flatbay's client is a seasoned entrepreneur and national commercial real estate developer. They have overseen the development of more than 50 projects, including multifamily, office, retail, and industrial spaces.The Situation: The entrepreneur... Read Story

Filed Under: Real Estate
March 11, 2025 @ 07:11 AM

Dykema, a leading national law firm, announced the addition of seven attorneys to the firm’s Houston office, doubling the office’s lawyer headcount. This expansion strengthens the firm’s capabilities in key practice areas, including energy... Read Story

March 11, 2025 @ 07:00 AM

Wingspire Capital provided a senior secured credit facility to Reservoir Communications Group to support the health care consultancy’s growth plans, staff expansion, and technology investments.Wingspire Capital’s financing was in collaboration with a... Read Story

Filed Under: Consulting Services
March 10, 2025 @ 08:15 AM

CIBC Innovation Banking provided a growth-focused credit facility to SpryPoint Services Inc., a leading provider of software for public utilities.SpryPoint helps utilities transform customer service and operations across a cloud-native platform.... Read Story

Filed Under: Technology
March 10, 2025 @ 08:10 AM

Accuride Corporation announced the successful completion of the Company's restructuring process and emergence from Chapter 11.Accuride's restructuring process equitizes over $400 million of funded debt and restructures ~$170 million of additional... Read Story

Filed Under: Bankruptcy
March 10, 2025 @ 08:05 AM