News

Lawrence Financial Provides Over $100MM to Clients in 2018

Lawrence Financial provided over $100 million in funding in 2018 and has financed $8 billion in capital for more than 1,200 companies since its founding in 1990. read more

Avolon Fleet Tops 971 Aircraft after Active 2018

International aircraft lessor Avolon released its fourth quarter results for 2018, as well as its full year report. Q4 highlights included $11.5 billion in Airbus A320neo orders and an increase in the company’s unsecured revolver to $2.2 billion. read more

SMBC, Viva Aerobus Ink Deal for Seven Airbus A320 neo Aircraft

Aircraft leasing company SMBC Aviation Capital signed its first 2019 sale and lease back deal with Mexican low-cost carrier, Viva Aerobus. The deal will also provide a pre delivery payment facility for the aircraft. read more

First American Doubles Future Leaders of Manufacturing Scholarship Fund

First American Manufacturing Finance increased the funding of its manufacturing industry scholarship to $3,000. The scholarship aims to support college students looking to get into the industry. read more

SMBC Delivers Airbus A320-251 NEO Aircraft to Sky Airline

SMBC Aviation Capital delivered one Airbus A320-251 NEO aircraft equipped with CFMI Leap engines to Chilean airline Sky Airlines. read more

MB Business Capital Agents $11.88MM Facility for Off-Spec Solutions

MB Business Capital acted as sole lender and administrative agent on the funding of an $11.88 million senior credit facility for Off-Spec Solutions, an over-the-road trucking company. read more

Société Générale Leads $2.8B+ Vessel Financing for MSC Cruises

Société Générale acted as lead mandated lead arranger on a €2.524 billion ($2.862 billion) financing package for MSC Cruises. The funds will be used to finance construction of three new vessels. read more

LeaseAccelerator Introduces New Auto Tester App for ASC 842 Standards

LeaseAccelerator developed a testing application called the Lease Accounting Validator that automates the testing of leases under the new ASC 842 and IFRS 16 standards, as well as frozen GAAP. read more

Hauck, Myers Join First Financial as Banking Executives

Andy Hauck and Cathy Myers joined First Financial Bank as commercial banking executive and consumer banking executive, respectively. They come on board concurrently with the announced retirement of Chief Banking Officer Tony Stollings. read more

CNH Industrial Sees 7% Revenue Gain Y/Y in 2018

Construction equipment producer CNH Industrial saw consolidated revenues of $29,706 million for the full year 2018, up 7% compared to 2017. read more

TrueNoord Wins Regional Aircraft Lessor of the Year Award 2018

Regional aircraft leasing specialist TrueNoord received the Regional Aircraft Lessor of the Year Award for the second consecutive year. read more

Harris Williams Advises Tech Air on Sale to Airgas

Investment bank Harris Williams advised Tech Air, a U.S. distributor of industrial and medical gases, welding supplies and related equipment, on its pending sale to Airgas, an Air Liquide company. read more

CIBC, Northcreek Support Rockwood Buyout of SYNEO

Rockwood Equity Partners completed a management buyout of SYNEO, a provider of manufacturing equipment for the medical device and electronics manufacturing industries. CIBC and Northcreek Mezzanine provided financing for the transaction. read more

BB&T, SunTrust to Merge in $66B Deal

SunTrust Bank and BB&T signed a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits. read more

Marlin Re-Brands as Marlin Capital Solutions, Launches New Identity

Lending products and services provider Marlin launched its new brand, Marlin Capital Solutions, to better reflect the breadth of services it offers to small businesses and equipment finance partners. read more

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