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News
TriState Capital Bank Hires Murtha as SVP, Treasury Management Sales Officer
2+ day, 21+ hour ago (177+ words) ABF Journal TriState Capital Bank added Tiffany Murtha as senior vice president, treasury management sales officer In this role, Murtha is responsible for developing new business relationships and expanding existing client partnerships by providing consultative treasury management and payment solutions…...
Pathlight Capital Serves as Administrative Agent on $60MM Senior Secured Term Loan to Lifetime Brands
2+ day, 21+ hour ago (161+ words) ABF Journal Pathlight Capital served as administrative agent on a $60 million senior secured term loan for Lifetime Brands, a global designer, developer and marketer of a broad range of branded consumer products used in the home Proceeds from the facility…...
GoldenTree Asset Management Hires Conti as Chief Financial Officer
2+ day, 20+ hour ago (247+ words) ABF Journal GoldenTree Asset Management, a global asset management firm with over $71 billion in assets under management, hired Ellen Conti as partner and chief financial officer Conti will report to Kathy Sutherland, GoldenTreeâs CEO, and will oversee the firmâ…...
Perea Rejoins FGI Risk as Director of Business Development
3+ day, 21+ hour ago (277+ words) abfjournal.com FGI Worldwide, a provider of working capital financing and trade credit insurance solutions, readded Rick Perea to FGI Risk as director of business development Based out of FGIâs Boca Raton office, Perea will focus on business development…...
SouthStar Capital Deploys $3MM Invoice Factoring Facility to Charlotte-Based Steel Services Company
3+ day, 21+ hour ago (176+ words) abfjournal.com SouthStar Capital, a private direct lender and specialty finance company, closed a $3 million invoice factoring facility for a Charlotte-based stud welding company serving steel fabricators As the company continued to grow, the timing gap between completing projects and…...
Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market - ABF Journal
4+ day, 12+ hour ago (844+ words) Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market abfjournal.com The capital stack is not an abstract concept It is a priority schedule that answers a single question when…...
BMO Completes Sale of 138 U.S. Branches to First Citizens Bank
4+ day, 20+ hour ago (121+ words) ABF Journal BMO Completes Sale of 138 U.S. Branches to First Citizens Bank The branches are in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma and Idaho, as well as select branches in Minnesota, Oregon and Illinois. BMO Financial Group completed…...
Middle Market Debt Weekly: September Moves Back Toward a Hike
4+ day, 19+ hour ago (272+ words) Smart Sand and Air T Reset Their Borrowing Bases as First-Citizens and Alerus Add Commitment Digi Cuts 47.5 Basis Points Off the Top of Its Grid as the Secured Revolver Refinancing Wave Reprices The through-line for middle market secured lenders is…...
WaFd Enters $3.9B Reverse Merger Transaction with EverBank Financial
4+ day, 19+ hour ago (355+ words) EverBank Financial, the parent company of EverBank, and WaFd, the parent company of WaFd Bank, entered into a definitive merger agreement providing for a strategic combination of EverBank Financial and WaFd. After the transaction is completed, the bank will be…...
Peapack Private Bank & Trust Opens New Garden City Office
1+ week, 2+ day ago (265+ words) Peapack-Gladstone Financial and Peapack Private Bank & Trust opened its newly completed Garden City office. Having established a presence in Garden City, Peapack-Gladstone Financial and Peapack Private Bank & Trust opened its newly completed Garden City office Having established a presence in…...