SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its business over the next several years. read more
MAR 6, 2024 - 6:35 am
Bank of America hired Robin Harmon as senior vice president and senior leasing specialist, according to a LinkedIn post from Harmon. Harmon was previously vice president of equipment finance at Hancock Whitney. read more
JAN 22, 2024 - 6:44 am
Blue Bird, a manufacturer of school buses, completed the refinancing of its credit facilities and entered into a new five-year credit agreement led by BMO Capital Markets. The new credit agreement provides for a $100 million term loan and a $150 million revolving credit facility. read more
NOV 20, 2023 - 6:48 am
Griffin Global Asset Management and Bain Capital Special Situations agreed to acquire 17 new technology Rolls-Royce engines, including Trent XWB-84s, Trent XWB-97s, Trent 1000s and Trent 7000s. The engines will be owned by a newly formed standalone entity and used... read more
OCT 25, 2023 - 6:57 am
Capteris closed a new $350 million credit facility to support the growth of its equipment finance business. Truist Bank is serving as administrative agent and Bank of America is also partnering with Capteris on the facility. read more
SEP 8, 2023 - 6:59 am
Post Road Equipment Finance increased its non-recourse senior warehouse facility from $550 million to $700 million through the addition of Wells Fargo as a new lender. read more
AUG 28, 2023 - 6:45 am
Bank of America named Jonathan Matessino president of Bank of America in New Orleans and Baton Rouge, LA. Matessino joined Bank of America in 2015, most recently serving as senior relationship manager for global commercial banking. read more
JUL 5, 2023 - 6:55 am
Verdant Commercial Capital expanded its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America. read more
JUN 13, 2023 - 7:02 am
Dext Capital closed on Dext ABS 2023-1, the company’s third securitization and its largest to date. The $293 million transaction secured orders from 15 new investors and 22 in total. read more
APR 11, 2023 - 6:52 am
Griffin Global Asset Management upsized its senior secured warehouse facility to $2 billion with a syndicate of 12 banks, including new banking partners Citibank, Sumitomo Mitsui Banking and Bank of Montreal. read more
APR 5, 2023 - 7:07 am
Bank of America named Scott Vanderpool president of Bank of America Phoenix and successor to current president Benito Almanza, who will retire April 6. Almanza provided 45 years of service to the company and spent 22 years as Phoenix and Arizona president. read more
MAR 31, 2023 - 6:46 am
Commercial Credit Group finalized a $397.08 million term asset-backed security transaction. The securitization was placed with a group of fixed income investors from 34 institutions. BofA Securities served as structuring agent and lead bookrunner. read more
MAR 21, 2023 - 7:04 am
Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more
MAR 20, 2023 - 7:22 am
Topgolf Callaway Brands completed a series of related transactions in support of a plan to refinance its capital structure, including a seven-year, $1.25 billion senior secured term loan B arranged by Bank of America, JPMorgan Chase, MUFG Securities and Truist Securities. read more
MAR 20, 2023 - 7:13 am
Bank of America named Jim Morehead president of Bank of America Seattle. The company also appointed Alex Yang Seattle market executive, replacing Jeremey Williams, who was recently promoted to community relations manager executive. read more
DEC 12, 2022 - 7:24 am