Posts in category

Recapitalization


CALGARY, AB, 25 November 2021 / CNW / – Calfrac Well Services Ltd. (“Calfrac“or the”Society“) (TSX: CFW) is pleased to announce that it has signed an agreement with its lenders which amends and increases its credit facilities (the”Credit facilitiesThe changes to the credit facilities include the following key elements: the exercise of the accordion function …

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-centric approach and over $ 5 billion in assets, today announced that its asset-based lending team has provided a $ 4 million credit facility to GWA Auto Parts (GWA), an importer, distributor and online retailer of automotive parts, to support working capital investments as the …

IRVING, Texas, November 19, 2021 / PRNewswire / – Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) (the “Company”) today announced that its sponsor, Breeze Sponsor, LLC (the “Sponsor”), has requested the Company to extend the date on which it must complete a business combination of 25 November 2021 To February 25, 2022 (the extension “). The …

CHICAGO, November 19, 2021 –JLL Capital Markets today announced the closing of the sale of 4901 Searle Parkway, a rentable 228,362 square foot healthcare building located in Illinois Science + Technology Park in Skokie, Illinois. JLL represented the vendor, American Landmark Properties. The buyer was TopMed Realty, a private equity firm specializing in healthcare real …

Finance Minister Nirmala Sitharaman has urged companies to increase investment and expand capacity without waiting for risks to subside, as depressed private investment forces government to increase spending on public works programs to mitigate the impact of the pandemic. Speaking at the CII World Economic Policy Summit on Wednesday, Sitharaman said economic recovery will always …

STAMFORD – The parent company of Stamford-based Patriot Bank on Monday announced a merger to create the ‘largest digital bank in the United States’, but officials say they are keeping branches open and not planning layoffs . Through a “reverse branch merger,” Patriot National Bancorp will acquire American Challenger Development Corp., which was formed in …

BOSTON, November 10, 2021 –JLL Capital Markets announced that it has set up $ 35.34 million in funding for the acquisition and repositioning of a 233,726 square foot R&D / office portfolio in a life sciences campus in the suburb of Boston in Andover, Massachusetts. JLL worked on behalf of the Borrower, a partnership between …

RALEIGH, NC, November 5, 2021 – JLL Capital Markets today announced the closing of the sale of South 40 Distribution Center, a 502,495 square foot multi-tenant distribution facility located in Raleigh, North Carolina. JLL marketed the property on behalf of the seller, LM Real Estate Partners. Pennybacker Capital acquired the asset. “We are excited to …

WASHINGTON – (BUSINESS WIRE) – November 3, 2021– Sizzle Acquisition Corp. (the “Company” or “Sizzle”) today announced the price of its initial public offering plus 13,500,000 units, priced at $ 10.00 per unit. The units will be listed on the Nasdaq Global Market or the Nasdaq and will trade under the ticker symbol “SZZLU” from …

NEW YORK, November 2, 2021 – JLL Capital Markets today announced that it has arranged a $ 53.566 million acquisition financing for Glenview House, a 146-unit mid-rise multi-unit community with a ground-floor Walgreen location in Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential LLC, to secure the three-year variable rate loan through …