ABL Advisor - Asset Based and Commercial Lending Financial …
WEBWells Fargo Bank Agents $815MM ABL and Term Loan Refinancing for The AZEK Company 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 administrative agent and collateral agent, and the lenders...
BMO to Acquire Bank of the West for $16.3B - ABL Advisor
WEBDec 20, 2021 · BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of approximately $105 billion. This acquisition aligns with BMO's strategic, financial and cultural objectives. ...
SSG Advises Cover FX in the Sale of Substantially All Assets to AS ...
WEBJan 3, 2022 · SSG Capital Advisors acted as the investment banker to Cover FX Skin Care Limited in the sale of substantially all of its assets to AS Beauty Group, LLC. The transaction closed in December 2021.Founded over 20 years ago, New York-based Cover FX is a beloved producer of clean, high-performance, vegan and cruelty-free cosmetics. All of its products...
Blackstone Establishes Structured Finance Group - News - ABL …
WEBNov 4, 2021 · Blackstone announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies (“BREDS”) and the firm’s various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the …
Armstrong Teasdale Appoints Wurst as Partner in New York City
WEBMay 8, 2020 · Armstrong Teasdale is proud to announce the addition of Partner Jeffrey Wurst to its Bankruptcy and Financial Restructuring practice in New York City. Wurst has more than 30 years of experience and is well recognized for handling significant commercial finance and bankruptcy matters. He is one of over …
Blue Torch Capital Closes $2.3B Credit Opportunities Fund
WEBApr 11, 2024 · Blue Torch Capital, a New York-based private credit investment firm, announced the closing of Blue Torch Credit Opportunities Fund III and its affiliated entities with total investor commitments of $2.3 billion, exceeding its $2.0 billion target. Consistent with prior vintages, Fund III will focus on providing bespoke credit solutions to middle market companies across a broad array of ...
SSG Advises American Global Logistics in Asset Sale to Terra …
WEBApr 3, 2020 · SSG Capital Advisors, LLC ("SSG") acted as the investment banker to American Global Logistics, LLC ("AGL" or the "Company") in the sale of substantially all of its assets to Terra Worldwide Logistics, LLC.The transaction closed in March 2020. Headquartered in Atlanta, Georgia, American Global Logistics is a 3PL freight forwarder and 4PL technology solutions provider that empowers businesses to ...
Newtek Business Services to Acquire National Bank of New York City
WEBAug 3, 2021 · Newtek Business Services, an internally managed business development company (“BDC”), entered into an agreement to acquire National Bank of New York City (“NBNYC” or the “Bank”), a nationally chartered bank with approximately $204 million in total assets and $36.5 million in tier 1 capital (each as …
The Cross-Axial Revolution: Transforming Non-Bank Lenders into …
WEBJun 13, 2024 · Source: abladvisor.com, Date: 6/13/2024 7:00:00 AM, Article: In an industry characterized by perpetual change, the demand for hybrid lending products underscores the necessity for a workforce that can adapt and innovate alongside these shifts. Non-bank lending spaces, particularly, demand expertise in navigating complex credits, coupled with a skill set that transcends conventional executional ...
United Rentals in New Asset-Based Loan Facility - ABL Advisor
WEBApr 1, 2015 · United Rentals, Inc. and certain of their subsidiaries announced they entered into a Second Amended and Restated Credit Agreement which provides for a senior secured asset-based loan facility of $2,500 million, a portion of which is available for borrowing in Canadian Dollars. The Second Amended and Restated Credit Agreement also provides for an...