Tag : credit facilities

Trovata Acquires ATOM, Unlocking Full Treasury Management Capabilities to Redefine Corporate Treasury
Banking Digital Payments News

Trovata Acquires ATOM, Unlocking Full Treasury Management Capabilities to Redefine Corporate Treasury

PR Newswire
by PR Newswire0
Adds $9M from State Street and PNC, Deepening Trovata’s Backing by the World’s Top Financial Institutions Trovata, the next-generation multibank data platform powering cash and liquidity management for today’s leading companies, announced its acquisition of ATOM, the enterprise Treasury Management System (TMS) developed by Financial Sciences Corporation. This move marks a bold......
Tempur Sealy Announces Refinancing of Credit Facilities
Finance News

Tempur Sealy Announces Refinancing of Credit Facilities

PR Newswire
by PR Newswire0
Tempur Sealy International, announced that it has successfully completed the closing of its $1.65 billion senior secured credit facilities, which include a $1.15 billion revolving credit facility and a $500 million term loan facility. The proceeds of the senior secured credit facilities will be used to refinance Tempur Sealy’s existing credit facilities and, in the case of the......
Capital Bank Launches New Lender Finance Group
Banking News

Capital Bank Launches New Lender Finance Group

GlobeNewswire
by GlobeNewswire0
Capital Bank, a prominent commercial bank in the DC Metro Region, proudly announces the creation of its new Lender Finance Group. This addition is an opportunity to provide enhanced term loan and credit facilities opportunities across a variety of sectors and asset classes. The bank welcomes Mr. Scott Lisman and......
PRA Group Announces Refinancing of European Credit Facilities
Credit Bureaus News

PRA Group Announces Refinancing of European Credit Facilities

Fintech News Desk
by Fintech News Desk0
PRA Group, Inc., a global leader in acquiring and collecting nonperforming loans, announced that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. ......
People's United Bank Provides $89.6 Million in Credit Facilities to CCO, LLC
Banking Credit Bureaus News

People’s United Bank Provides $89.6 Million in Credit Facilities to CCO, LLC

Fintech News Desk
by Fintech News Desk0
People’s United Bank, N.A., announced that it served as Lead Arranger, Book Runner and Administrative Agent for several credit facilities totaling $89.6 Million to Rocky Hill, CT-based CCO, LLC, and its associated entities. The senior revolving and term loan facilities will be used to refinance existing debt, acquire twelve sites in CT, support......
CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners Provide Point Predictive Inc. with Growth Financing
Investments News

CIBC Innovation Banking, Ten Coves Capital and Mosaik Partners Provide Point Predictive Inc. with Growth Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking, Ten Coves Capital, and Mosaik Partners are pleased to announce that they have provided new credit facilities and equity financing to San Diego-based Point Predictive Inc. (“Point Predictive”), a leading data and analytics company that helps lenders automate loan decisions, mitigate loan losses and reduce underwriting friction.......
Talent Solutions Tapfin And Qwil Partner To Provide Early Payments To Staffing Suppliers
Fintech News

Talent Solutions Tapfin And Qwil Partner To Provide Early Payments To Staffing Suppliers

Fintech News Desk
by Fintech News Desk0
Unique partnership allows staffing suppliers to get paid as early as Net 1. Qwil and Talent Solutions TAPFIN announced that Qwil, a payments and liquidity platform, is now offering an early financing solution to all TAPFIN suppliers. The Qwil solution provides payment options for contingent workforce suppliers as soon as......
MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan
Banking Digital Payments News

MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. announced the closing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees (as defined below). Substantially concurrently with the closing of the offering, the Company closed a new $400 million senior secured term loan, and also......
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