MMP Capital announced the renewal of its $125 million secured warehouse facility with Deutsche Bank, a move that positions the Long Island-based company for continued growth as it enters its third year as an on-balance sheet lender.John-Paul...
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September 30, 2024 @ 08:18 AM
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The AZEK Company, a designer and manufacturer of sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK Trim®, and StruXure® pergolas, entered into a new credit agreement with Wells Fargo Bank, as...
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September 30, 2024 @ 08:00 AM
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KBRA released a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the September 2024 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed...
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September 30, 2024 @ 07:57 AM
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Welltory, an all-in-one personalized health and wellness app, closed a $3 million credit line with Braavo Capital. The funding will empower Welltory to invest deeper into its strategic product and market growth to become the leader in the...
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September 30, 2024 @ 07:49 AM
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SVB Financial Group completed the sale of its investment platform business, SVB Capital, to affiliates of Pinegrove Capital Partners, backed by evergreen capital from Brookfield Asset Management and Sequoia Heritage.Under the terms of the agreement...
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September 30, 2024 @ 07:38 AM
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Aethon United BR entered into an Amendment No. 18 to that certain Credit Agreement, dated as of July 1, 2016, with JPMorgan Chase Bank as administrative agent, and certain lenders and issuing banks party thereto.The Amendment, among other things, (i)...
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September 30, 2024 @ 07:35 AM
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Pathward Financial, through its subsidiary, Pathward, announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving...
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September 30, 2024 @ 07:29 AM
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Astara Capital Partners, an operationally-focused private equity firm that invests in middle market companies, announced that Sarah Robson has joined the firm as Head of Business Development. Based in New York, Sarah will be responsible for leading...
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September 30, 2024 @ 07:00 AM
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Citigroup and Apollo entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to...
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September 27, 2024 @ 08:15 AM
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Gordon Brothers has forecasted U.S. retail sales for this upcoming holiday season predicting a modest increase of 1.2% to 3.5% relative to last year amid economic and political uncertainty. While certain economic indicators are looking up, including...
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September 27, 2024 @ 08:10 AM
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