Hoplon Capital, a financial services holding company, announced both the formation of Vistina Structured Credit, LLC and the completion of Vistina’s inaugural structured financing advisory mandate.Vistina is led by experienced structured finance professionals Robert Horowitz and Peter Forshee, both of whom were formerly senior bankers at Guggenheim Securities and who have extensive experience bringing first-time issuers and asset classes to the securitization market.Robert Arsov, Founder and
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March 31, 2025 @ 08:05 AM
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Wingspire Capital provided a revolving line of credit to a leading home textiles company that provides premium bedding, bath, and other soft goods that are sold through major department stores and retail partners. Proceeds from the senior secured financing helped facilitate a new capitalization to support the company’s working capital needs, fueling its growth and operational efforts. “We are pleased to provide capital that empowers a major home textiles company to focus on execution and pursue
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March 31, 2025 @ 08:00 AM
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Going-Out-of-Business sales are in progress at Forever 21, a leading fashion retailer of women's, men's, and children's apparel and accessories, following the US operating company F21 OpCo's recent bankruptcy filing. The liquidation sales are happening both in-store, at Forever 21's US locations, and online. Hilco Consumer-Retail is managing these sales in a joint venture with Gordon Brothers and SB360.Forever 21 is an iconic North American retailer that captured the hearts and minds of
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March 31, 2025 @ 07:55 AM
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MACCO Restructuring Group announced two significant additions to its team as it enters its sixth year of operation. Founder and CEO Drew McManigle welcomes Reece Fulgham as Managing Director on the West Coast and John Aschenbeck as Director in Houston, further solidifying the firm's commitment to delivering top-tier leadership and solutions to clients nationwide."I am delighted to have Reece Fulgham, a former colleague from my Los Angeles days, joins MACCO as a Managing Director," said McManigle
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March 31, 2025 @ 07:48 AM
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Churchill Asset Management, an investment-specialist of Nuveen, closed its third collateralized fund obligation, NPC SIP 2024-1 (the “Long Duration Bond” or “LDB”). The $750 million transaction is structured as a long-duration bond and invests across the flagship strategies of Churchill and Arcmont Asset Management Limited, the operating businesses of Nuveen Private Capital (“NPC”), including:
U.S.-based: Senior lending, Junior capital, Equity co-investment, Secondaries, and Private equity
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March 31, 2025 @ 07:45 AM
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STAR Funding announced that Bryan Maloney has joined the firm as Vice President. Maloney will contribute to business development efforts across STAR’s core offerings, including accounts receivable factoring and purchase order funding, helping companies improve cash flow and fuel growth through tailored financing solutions.With more than a decade of experience in international trade and working capital finance, Maloney has built a career supporting small and mid-sized businesses with receivables
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March 31, 2025 @ 07:30 AM
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TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market companies. This addition to Capital Foundry resources will enable the firm to expand its lending capabilities and better serve businesses seeking financing to support growth and working capital needs.Capital Foundry offers non-dilutive credit and debt
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March 28, 2025 @ 08:15 AM
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SSG Capital Advisors (“SSG”) served as the investment banker to Blue Spark Technologies, Inc. in the sale of substantially all assets to BST Technology Acquisition, Inc. The transaction closed in March 2025.Blue Spark Technologies is a medical technology company focused on developing innovative, wearable vital sign monitoring devices. The Company’s flagship product, TempTraq®, is a wireless continuous temperature monitoring single-use patch that transmits real-time and historical data, via
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March 28, 2025 @ 08:13 AM
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Connectivity Wireless, an M|C Partners backed platform and leading provider of in-building wireless solutions, secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and fueling its continued venue network growth.This strategic financing will
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March 28, 2025 @ 08:12 AM
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JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, closed a line of credit to a woman-owned, private label baking company specializing in desserts. JPC is focused on ensuring that over half of its portfolio consists of women-led companies as part of its mission to make financing more equitable. “We recognize there will be ups and downs in any business and that companies need a financing partner who is there for
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March 28, 2025 @ 08:02 AM
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Aequum Capital provided $12.5 million in credit facilities to an Illinois and Michigan based plastics manufacturer, specializing in custom blow-mold solutions. The credit facilities enable the Company to leverage working capital assets, along with machinery, equipment, and real estate to enhance the liquidity position of the business. In addition, the facilities provide a delayed draw feature to support investments in new capital equipment.Aequum was able to provide the financing despite the
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March 28, 2025 @ 08:02 AM
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Bar Louie has reached an agreement with its lender to reduce debt and support the company through a Chapter 11 restructuring plan for its 31 corporate-owned locations. Operations will continue without interruption.To facilitate the financial restructuring, Bar Louie has voluntarily filed for Chapter 11 protection in the United States Bankruptcy Court for the District of Delaware. This process is not expected to impact the company's day-to-day operations. Prior to the filing, Bar Louie closed
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March 28, 2025 @ 08:00 AM
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Policy shifts in the United States are driving increased uncertainty about asset performance across some structured finance sectors, Fitch Ratings says. Potential risks stem from macro-economic policies increasing pressure on U.S. consumers and from measures with sector-specific impacts.The U.S. General Services Administration (GSA) has directed most federal government agencies to terminate existing commercial property leases. As a result, U.S. CMBS loans with exposure to GSA leases face
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March 27, 2025 @ 08:14 AM
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B. Riley Financial entered into a privately negotiated exchange agreement with an institutional investor, which will reduce the Company's total outstanding debt by approximately $35 million.Pursuant to the Agreement and subject to the completion of certain closing procedures, the investor has agreed to exchange approximately $123 million in outstanding Senior Notes, consisting of approximately $86 million in 5.5% Senior Notes due March 31, 2026 and approximately $37 million in 5.0% Senior Notes
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March 27, 2025 @ 08:12 AM
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Dollar Tree announced that the Company has reached an agreement under which Brigade Capital Management, LP (“Brigade”) and Macellum Capital Management, LLC (“Macellum”) will partner to acquire the Company’s Family Dollar business segment. Family Dollar will remain headquartered in Chesapeake, Virginia.The purchase price for Family Dollar, under the terms of the agreement, is $1,007.0 million, subject to customary closing adjustments.After a thorough review of potential alternatives for the
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March 27, 2025 @ 08:11 AM
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