Today’s News

    Citizens Bank Provides $15MM Facility to Security Partners

    Citizens Commercial Banking has provided a new $15 million senior credit facility to Security Partners.

    M&A Tax Lawyer Axelrod Joins Ivins

    Lawrence M. (Larry) Axelrod joined Ivins, Phillips & Barker as a partner in the Corporate Tax group.

    Schmidt to lead New WFCF Supply Chain Originations Team

    John Schmidt will lead Wells Fargo Capital Finance’s new originations team for its Supply Chain Finance Group.

    Goldman, Barclays Support Big Tex, American Trailer Merger

    Big Tex Trailers and American Trailer Works completed their merger. Goldman Sachs and Barclays provided debt financing to support the transaction.

    Crestmark Promotes Five Executives

    Crestmark Bank promoted five executives across several of its operations.

    Bibby Provides $2.5MM ABL Facility for Xylitol

    Xylitol USA closed a $2.5 million ABL credit facility with Bibby Financial Services.

    Alvarez & Marsal Adds Miller to Commercial Restructuring Group

    Alvarez & Marsal added restructuring expert David Miller to its North American Commercial Restructuring Group.

    Antares Supports Morgan Stanley Acquisition of Pathway Partners

    Antares Capital is serving as administrative agent and sole lead arranger on a $72 million senior secured credit facility to support the acquisition of Pathway Partners Vet Holding by investment funds managed by Morgan Stanley Global Private Equity.

    Former Morgan Stanley MD Kay Joins Lending Club

    Former Morgan Stanley Managing Director Valerie Kay joined Lending Club as head of the Institutional Group. BlackRock Managing Director Raman Suri has joined as head of Retail Lending.

    Scotiabank Supports Gran Tierra Acquisition of PetroLatina

    Gran Tierra Energy completed the acquisition of PetroLatina Energy for a purchase price of approximately $525 million. Scotiabank agented a $130 million term loan to support the transaction.