Legacy Corporate Lending closed a $19.4 million asset-based revolving line of credit for Olli Salumeria (“Olli”). The facility will be used to support the company’s growing operations and working capital needs. The deal, which is backed by accounts...
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January 06, 2025 @ 08:15 AM
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Gordon Brothers has sold the Laura Ashley® brand, archives and related intellectual property to Marquee Brands, the global brand accelerator.“This sale is a cornerstone moment for Gordon Brothers,” said Tobias Nanda, Head of Brands at Gordon Brothers...
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January 06, 2025 @ 08:12 AM
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Commercial chapter 11 filings increased 20 percent in calendar year 2024 to 7,879 from 6,583 filings the previous year, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data. Overall commercial filings...
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January 06, 2025 @ 08:05 AM
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Eclipse Business Capital provided a $265 million senior secured credit facility to a consumer products distributor. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit...
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January 06, 2025 @ 08:03 AM
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A&G Real Estate Partners, real estate advisor to Party City Holdco Inc., announced plans to auction 695 Party City store leases as the nearly 40-year-old celebrations retailer begins to wind down its operations. Going-out-of-business sales are now...
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January 06, 2025 @ 08:00 AM
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Clarus Capital closed a $30 million equipment lease facility for a sponsor-backed packaging company. Financing proceeds facilitated the acquisition of new injection molding and production assets acquired as part of a new, long-term contract with a...
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January 06, 2025 @ 07:55 AM
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Piper Sandler announced the addition of Paul Leece, Jeremi Martin and Daniel Allmomen to its energy, power & infrastructure investment banking group. These three strategic hires, along with additional junior bankers, highlight a further expansion...
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January 06, 2025 @ 07:00 AM
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Diamond Sports Group completed its financial restructuring and has emerged from Chapter 11 as Main Street Sports Group (“Main Street Sports” or the “Company”) with a significantly deleveraged balance sheet. Main Street Sports emerges with a healthy...
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January 03, 2025 @ 08:19 AM
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Ladder Capital, a leading diversified commercial real estate finance platform, recently closed and subsequently upsized a revolving credit facility with commitments of $850 million. The Credit Facility has an “accordion” feature under which the...
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January 03, 2025 @ 08:15 AM
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Arq, a producer of activated carbon and other environmentally efficient carbon products, successfully closed an asset-based revolving credit facility with MidCap Financial.Proceeds from the Facility are expected to be utilized to refinance Arq's...
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January 03, 2025 @ 08:12 AM
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