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Second Lien Credit Facility : Amount : $50.000 Million : Borrower(s) GoPro : Description : The company closed the debt financing as part of a st ...
Reconciliation Was Illusory: The MCA provider claimed that they would adjust payments if revenues dropped, refunds on over-collections weren't enforced, and the provider was guaranteed payment ...
Proceeds from the credit facility will be used to refinance existing debt and support the continued expansion of the Company’s debt resolution business.
Post Road Group announced the final closing of its most recent flagship fund in its Corporate investment strategy, Special Opportunity Fund III (“SOF III”), with $525 million in total capital ...
GoPro entered into a second lien credit agreement providing for a secured term loan in an aggregate principal amount of $50 million from Farallon Capital Management, and certain of its affiliates. The ...
Utica Equipment Finance announced that Mathew Hennings has joined the firm as Managing Director of Sales. In this role, he will be responsible for sourcing and developing client and referral ...
PGIM announced the final close of PGIM Senior Loan Opportunities II, L.P. (“PSLO II”), the second commingled private credit fund available to unaffiliated investors in its middle market direct lending ...
Republic Bank & Trust Company introduced two new members to the corporate leadership team. Promoted from within, Christy Ames now serves as Executive Vice President (EVP), Chief Legal Officer & ...
TAB Bank added Sam Cirelli as Vice President, Business Development, to strengthen the Northeast lending team. Based in New York, Cirelli has spent over 30 years as a corporate lender and advisor to ...
BriteCap Financial, a non-bank lender providing American small businesses with fast, convenient, and affordable working capital, announced today the promotion of Molly Coleman to Chief Administrative ...
Wells Fargo & Company announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes ...
Ares Management Corporation announced that funds managed by its Credit Group (collectively "Ares") closed approximately $8.8 billion in U.S. direct lending commitments across 70 transactions during ...
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