Of Interest

Biz2X Partners with Mastercard to Help Increase Capital Access for Small Businesses

Biz2X formed a partnership with Mastercard that aims to help improve access to capital for small businesses in the U.S. Lenders using the Biz2X platform will now be able to utilize Mastercard’s Small Business Credit Analytics solution for consenting small businesses. read more

Griffin Global Asset Management Closes $400MM Senior Unsecured Notes Offering

Commercial aircraft leasing and alternative asset management company Griffin Global Asset Management announced the closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million of senior unsecured notes. read more

MUFG Closes $275M in Financing Facilities for Summit Ridge Energy

Summit Ridge Energy, a commercial solar company, announced a $275 million expansion of its existing partnership with MUFG through two new debt facilities. The $275 million upsize increases the previous $100 million partnership between Summit Ridge Energy and MUFG. read more

AerCap Acquires 5 General Electric GE90 Engines from Sanad

Aircraft lessor AerCap acquired five General Electric GE90-115B engines from Sanad, the global aerospace engineering and leasing solutions company wholly-owned by Abu Dhabi's sovereign investor, Mubadala Investment Company. read more

Pathlight Capital Hires Hegarty as Managing Director of Investor Relations

Pathlight Capital, a $2.7 billion private credit firm that provides asset-based loans secured on a first or second lien basis against tangible and intangible assets, hired Laura Hegarty as managing director of investor relations. Hegarty will focus on fundraising initiatives for the firm. read more

Trio of Cohn & Dussi Attorneys Recognized by Super Lawyers for 2023

Michael H. Theodore and Shawn M. Masterson, attorneys at law firm Cohn & Dussi, were recognized by Super Lawyers for 2023, while Andrew B. Glaab, an associate at the firm, was selected to the 2023 Rising Stars list. read more

LeaseQuery Highlights Critical Role of Software in Facilitating Compliance and Reducing Spending

According to the first segment of LeaseQuery’s Technology Lease Benchmark Report, now that companies have transitioned to comply with ASC 842, the annual percentage change in average lease liabilities for the technology sector has been less significant than in recent years. read more

Monitor to Host Converge 2024 in Philadelphia, Adds Future and Innovation Workshop

Monitor will host Converge 2024 on May 15-16, 2024 at the Kimpton Monaco Philadelphia, with a two-day conference followed by an evening gala and award ceremony at the National Constitution Center to close out the event. read more

Only a Fifth of Companies on Track for Net Zero; Heavy Industries Key to Breaking Decarbonization Stalemate

Fewer than one in five companies (18%) are currently on track to reach net zero emissions in their operations by 2050 and more than a third (38%) said they cannot make further investments in decarbonization in the current economic environment, according to Accenture. read more

First Citizens Bank Leads $170MM Refinancing for esVolta

First Citizens Bank’s energy finance business served as lead agent on a $170 million credit facility for esVolta, a developer, owner and operator of utility-scale battery energy storage projects in North America. read more

Apollo Affiliate Acquires Kelley Leasing Partners, Launches Compressed Gas Equipment Services Platform

Composite Advanced Technologies, an affiliate of Apollo, acquired Kelley Leasing Partners, a compressed gas transportation leasing company, and launched Hydria, a compressed gas platform providing equipment and services. read more

Exchange Bank Promotes Back to VP and Commercial Relationship Manager

Exchange Bank promoted Kelly Back to vice president and commercial relationship manager from his previous role as a branch manager in Sebastopol, CA. Sebastopol has more than 18 years of local banking experience. read more

Legal Industry Embraces AI But Remains Slow on ESG and DE&I

According to a survey from Wolters Kluwer, 73% of lawyers expect to integrate generative AI into their legal work, while nearly 70% of firms are not very prepared to meet ESG demands and 45% have no formal diversity, equity and inclusion policies in place. read more

Merchants Fleet Survey Reveals Sustainability Will Influence 2023 Holiday Shopping Season

According to a survey from Merchants Fleet, 87% of U.S. consumers are about the environmental impact of holiday package deliveries. More than half of survey respondents said they would buy more online if they knew shipments would be delivered by electric vehicle. read more

Deutsche Bank, Goldman Saches and Värde Partners Provide Debt Financing to MPOWER

MPOWER Financing closed on debt financing that propelled the firm’s overall lending capacity to more than $300 million. The funding included commitments from Deutsche Bank, Goldman Sachs and Värde Partners. read more

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