News

Cerus closed a new debt facility with MidCap Financial, providing up to $110 million. The facility consists of a 5-year term loan and an asset-backed revolving loan. The refinancing is expected to reduce annual cash interest expense by up to...

Applied Digital, a designer, builder and operator of high-performance, sustainably engineered data centers and colocation services for artificial intelligence, networking and blockchain workloads, closed a revolving credit facility on May 29, 2026. The credit facility was arranged by Goldman Sachs...

Birks Group signed a five-year $32.5 million senior secured term loan facility with 1903P Loan Agent, an affiliate of Gordon Brothers and the designated administrative agent under the facility. The new term loan, which matures in June 2031, refinances the...

Cresco Labs closed a credit agreement with Needham Bank, a Massachusetts-based commercial bank, providing the company with a $50 million revolving credit facility. Borrowings under the facility will be available to fund growth initiatives, acquisitions and general corporate purposes. As...

Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed three separate deals totaling $5 million in the beauty, food & beverage and furniture sectors. A direct-to-consumer beauty brand was seeking financing to support exponential growth...

SouthStar Capital closed an accounts receivable financing facility for a Southeast-based commercial landscaping and maintenance company serving government, multifamily, retail and commercial property customers throughout the region. As the business entered its peak operating season, it experienced a temporary cash...

Latham & Watkins added Shayne Henry to its Austin office as a partner in the complex commercial litigation practice. Henry is a skilled litigator and trial lawyer whose practice spans commercial and intellectual property disputes in state and federal courts...

Andy Sagor joined Dechert as a partner in its global finance practice, based in New York. “Andy is a seasoned transactional lawyer with a premier sponsor-side finance practice and deep client relationships, making him a natural fit for what we...

Ares Capital established its inaugural commercial paper program. The program allows the company to issue up to a maximum aggregate amount outstanding at any time of $1 billion of short-term, unsecured commercial paper notes. The notes will be sold under...

First Horizon Bank appointed Kevin Piker as commercial relationship manager serving the Acadiana market. Piker brings more than 25 years of banking and commercial lending experience to First Horizon Bank. In his new role, he will focus on helping businesses...