Of Interest

Ziegler Advises Jefferson Radiology on Recent Acquisition by MEDNAX

Ziegler served as exclusive financial advisor to Jefferson Radiology and Jefferson Imaging Associates on its recent acquisition by MEDNAX. read more

Lenders Push Back to Stop Downward Spiral of Leverage Loan Pricing

Reuters reported lenders are starting to push back in effort to stop the downward spiral of U.S. leveraged loan market pricing. read more

Fitch Downgrades Wells Fargo Bank’s LT/IDR to AA-

Fitch Ratings downgraded the long- and short-term issuer default ratings of Wells Fargo & Company to ‘A+/F1’ from ‘AA-/F1+’. Fitch also downgraded the LT IDR of Wells Fargo Bank to ‘AA-‘. read more

Great Western Leasing and Sales Opens Phoenix Branch

Great Western Leasing and Sales expanded its dealership network with the opening of its newest branch in Phoenix. read more

September Commercial Chapter 11 Filings Up 16% over Last Year

The American Bankruptcy Institute said commercial chapter 11 filings totaled 425 in September, a 16% increase over September 2016’s total of 365 filings. read more

Sumitomo Backs Hyliion; Grows Investment Portfolio in Fleet Management

Sumitomo Corporation of Americas invested in Hyliion, the instant Class 8 vehicle hybridizing company, alongside Axioma Ventures. read more

Crestmark, Transflo Partner to Provide ELD Tech to Trucking Companies

Crestmark entered into a preferred partnership with Transflo which will help transportation companies get equipped for the electronic logging devices mandate deadline. read more

United Rentals Enters Lender Joinder Agreement with Bank of America

Bank of America agreed to provide $500 million in revolving credit commitments to equipment rental company United Rentals as part of a lender joinder agreement. read more

Southwest First Carrier to Offer Boeing 737 MAX 8 Service

Southwest Airlines became the first airline in North America to offer scheduled service utilizing the Boeing 737 MAX 8 aircraft. read more

Hudson Rebukes Notion He is Fleeing Canada to Avoid Higher Taxes

After being accused of fleeing Canada to avoid tax hikes, ECN Capital’s Steve Hudson denied such claims through a spokesman, Canada’s Business News Network reported. read more

Despite Downgrade, Wells Fargo Remains One of Highest Rated Banks

DBRS downgraded the long-term ratings for Wells Fargo, including the company’s long-term issuer rating to AA(low) from AA. DBRS said the bank remains among the highest rated banks reflective of its highly scaled and diversified franchise. read more

Keystone Holdings Gets $10.5MM to Expand Aircraft Leasing Business

Singapore Technologies Aerospace has injected $10.5 million into ST Aerospace Resources for a flow through injection into Keystone Holdings to expand its aircraft leasing business. read more

Business First Opens Loan Production Office in Dallas

Business First Bank announced the opening of a loan production office in the Dallas-Fort Worth metropolitan area. read more

Bridge Bank Extends Credit Facility to Tabula Rasa Healthcare

Bridge Bank said it expanded its relationship with Tabula Rasa Healthcare through a new $40 million credit facility. read more

Import Duties Imposed on New Bombardier Jetliner

Bloomberg reported the U.S. Commerce Department imposed import duties of 220% on Bombardier’s new CS100 jetliner citing improper subsidies after a complaint filed by Boeing. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com