Of Interest

Flushing Bank Issues Inaugural ESG Report

Flushing Financial, the parent holding company for Flushing Bank, issued its inaugural environmental, social, and governance report. read more

Biz2Credit Named a Best Place to Work in Financial Technology

Best Companies Group named Biz2Credit to its list of 2022’s Best Places to Work in Financial Technology. The 2022 list included the top 50 fintech companies in the country and was published by Arizent brands, the publisher of American Banker. read more

Commercial Chapter 11 Filings Increase 34% Y/Y in May

According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, there were 330 commercial Chapter 11 filings registered in May 2022, an increase of 34% from the 246 filings in May 2021. read more

Avolon Partners with Global Aviation and Airport Leaders to Accelerate eVTOL Operations in Brazil

A partnership of global leaders in aviation and airports, including Avolon, announced its intention to explore the infrastructure requirements to bring eVTOL passenger flight to Brazil within this decade. read more

Tellus Equipment Solutions Acquires Clark Tractor and Supply

Tellus Equipment Solutions, the authorized John Deere equipment dealer for central and south Texas, closed an agreement to acquire Clark Tractor and Supply. read more

Former John Deere Exec to Take Over as CEO of Allegion

John H. Stone will succeed David D. Petratis as president and CEO of Allegion, a global provider of security products and solutions, effective July 11. Stone most recently served as president of Deere & Company’s worldwide construction, forestry and power systems business. read more

Inovatec Partners with Lightico to Deliver Digitally Complete Customer Journeys for Lenders

Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America. read more

Cyprium Completes Subordinated Debt Investment in D.P. Nicoli

Cyprium Investment Partners, a non-control private equity firm, completed a subordinated debt investment in D.P. Nicoli, a provider of shoring equipment rental services to utilities, municipalities and contractors in Oregon, Washington, California and Idaho. read more

CNH Industrial, Eni and Iveco Group Agree to Potential Joint Sustainability Initiatives

Eni, CNH Industrial and Iveco Group signed a memorandum of understanding for potential joint social development initiatives in countries of common interest in the areas of agriculture, sustainable mobility and education. read more

QuickFi Wins Best in Show Award at Finovate Spring 2022

QuickFi was voted best in show at Finovate Spring 2022, a financial technology event series and digital engagement platform. QuickFi participated with 52 other companies at the event. read more

Ideanomics to Deploy Energy and Charging Stations for Coast Counties Peterbilt

Ideanomics, a company focused on accelerating the adoption of commercial electric vehicles, signed an agreement with Coast Counties Peterbilt to deploy and operate energy and charging solutions at Coast Counties' truck dealerships in California. read more

CarMax Auto Finance Implements New Project with Alfa Systems

Alfa, provider of Alfa Systems, a software platform for auto and asset finance, published a new case study detailing an implementation project with CarMax Auto Finance (CAF), the finance arm of CarMax. read more

Ryder Expands Last Mile Delivery Network

Ryder System expanded Ryder Last Mile, its customizable, multi-tiered delivery solution for big-and-bulky goods, by opening new distribution centers in the Nashville, TN, and Boise, ID, areas. read more

CNH Industrial Capital Prices $500MM of $3.95% Notes

CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, priced $500 million in aggregate principal amount of 3.95% notes due 2025, with an issue price of 99.469%. The offering is expected to close today, subject to the satisfaction of customary closing conditions. read more

Webster Bank Provides Expanded Term Loan, $2MM Capex LOC to Air Industries Group

Webster Bank agreed to expand the size of Air Industries Group’s existing term loan to $5 million and establish a $2 million capital expenditure line of credit to finance future purchases of machinery and equipment. read more

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