Salem Five has hired Keith Broyles, an experienced banker, to lead the asset-based lending (ABL) initiative, which is new to the organization.Broyles, who began his banking career in 1990, has been named Senior Vice President in charge of the new...
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March 07, 2025 @ 08:00 AM
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First Citizens Bank's Energy Finance business served as lead agent on a $74 million financing of GridStor’s Hidden Lakes Reliability Project, a 220 MW / 440 MWh battery storage project in Galveston County, Texas.GridStor is a developer and operator...
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March 07, 2025 @ 07:55 AM
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Sunraycer Renewables, a leading developer, owner and operator of clean energy power sites, closed a $200 million credit facility with funds and accounts managed by HPS Investment Partners ("HPS"). The financing will support the development of...
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March 07, 2025 @ 07:50 AM
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O2 Sponsor Finance, a division of Old Second National Bank provided senior secured credit facilities to support Branford Castle Partners in its acquisition of Hoffman Engineering ("Hoffman").Headquartered in Stamford, Connecticut, Hoffman is a global...
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March 07, 2025 @ 07:30 AM
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M&T Bank appointed Carmen Magistro as Northern Pennsylvania Regional President. Previously serving as M&T's Commercial Senior Group Manager for Northern Pennsylvania Commercial & Industrial, Magistro has assumed additional responsibilities to help...
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March 07, 2025 @ 07:09 AM
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Womble Bond Dickinson announced that Alidad Vakili has joined the firm’s Corporate & Securities Practice Group as a partner in San Francisco. Vakili brings extensive experience in advising entrepreneurs, founders, emerging growth and established...
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March 07, 2025 @ 07:00 AM
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The private markets fundraising climate is expected to improve dramatically through 2025. Private debt and growth equity are emerging as the front running asset classes as investors seek greater diversification across the sector, according to a new...
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March 06, 2025 @ 08:17 AM
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White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors (“White Oak”), provided a $90 million senior secured revolving ABL facility to a leading steel production company and service center. The company and its subsidiaries...
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March 06, 2025 @ 08:15 AM
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JOANN, the fabric and crafts retailer, has commenced store closing sales at all 790 locations nationwide. The sale offers customers significant discounts on a wide assortment of crafting, sewing, and home décor products while supplies last. Initial...
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March 06, 2025 @ 08:12 AM
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CalciMedica, a clinical-stage biopharmaceutical company focused on developing novel calcium release-activated calcium (CRAC) channel inhibition therapies for acute and chronic inflammatory and immunologic illnesses, entered into a credit facility...
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March 06, 2025 @ 08:03 AM
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