News

Aviation Capital Finances B747-8F Aircraft for AirBridgeCargo

Aircraft operating lessor Aviation Capital Group structured, arranged and provided a guarantee of a loan by MUFG Bank to finance a portion of the purchase price of one Boeing 747-8F aircraft delivered to AirBridgeCargo Airlines. read more

Lane Named Vice Chairman of Napier Park

Alternative asset managers Napier Park Global Capital named Joseph Lane vice chairman of Napier Park and appointed him to the firm’s leadership team as a member of the Management Committee. read more

Bankruptcy Court Approves Sale of Waypoint Assets to Macquarie Group

According to a post on Helicoptor Leasing, a bankruptcy judge approved the sale of bankrupt helicopter lessor Waypoint Leasing’s assets – including most of its helicopters – to Macquarie Group and some of its secured lenders. read more

O’Brien Joins IFS as Senior Account Executive in Boston

Insight Financial Services added Conor O’Brien as a senior account executive to its expanding enterprise sales team. O’Brien will support the advancement of IFS’ enterprise technology refresh financing solutions throughout the Northeast. read more

CIT Agents Facility for Pritzker Acquisition of KabaFusion

CIT Group’s Healthcare Finance unit served as joint lead arranger and administrative agent on a first-lien credit facility to support for Pritzker Private Capital’s acquisition of KabaFusion, a provider of acute and specialty home infusion services. read more

Ivory Consulting Collaborates with Bank on New Asset Management Software

Modeling and pricing software provider Ivory Consulting released its new asset management solution (AMS) built in conjunction with the asset management department of a leading bank’s equipment finance division. read more

ELFF, Alta Group See New Financing Opportunities in Robotics

Increased robotics utilization among manufacturers and end-users will generate greater financing opportunities as robotics continue to change how business is conducted in the future, according to a new ELFF study. read more

ACT Research: Freight Rates & Trucker Profits Pressured In 2019

While overall economic conditions are better balanced than they were a month ago, freight data remain soft, according to ACT Research’s latest State of the Industry: Classes 5-8 Report. read more

Capital One Provides Loan for Seniors Housing Portfolio Acquisition

Capital One provided a bridge loan to Bridge Investment Group Partners for the acquisition of an eight-asset, 1,359-unit seniors housing portfolio from Somerby Senior Living. read more

GreatAmerica Completes $612.2MM Securitization

Independent small ticket national commercial equipment finance company GreatAmerica Financial Services completed its 18th term securitization of $612.2 million in privately placed bonds with institutional investors. read more

CIT Arranges Debt Financing to Support Stellex Investment in Cisco Equipment

CIT Bank arranged and provided debt financing to support Stellex Capital Management’s investment in Cisco Equipment. The investment was made in partnership with the company’s CEO Christopher J. “C.J.” Sibert and management. read more

FASB Proposes New ASU on Deferred Revenue

The Financial Accounting Standards Board proposed an Accounting Standards Update (ASU) and Invitation to Comment (ITC) on the recognition and measurement of deferred revenue in business combinations. read more

Caterpillar Makes Several Officer Changes, Creates New Divisions

Caterpillar shifted several officers into leadership positions, which included changes in responsibilities for three executive office members, new roles for two current vice presidents and the appointment of two new vice presidents. read more

AP Equipment Financing Relocates Headquarters to Bend, OR

Allegiant Partners d/b/a AP Equipment Financing moved its corporate headquarters from Walnut Creek, CA to Bend, OR. read more

Ag Resource Management Opens New Office in Asheville, OH

Ag Resource Management, an asset-based lender that provides operating capital specifically for the purpose of growing crops, will open a new office in Asheville, OH. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

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