News by subject: FNC

Digs, an AI collaboration platform for home builders and homeowners, announces expanding its funding and C-suite with additional investment and new executive staff. The combination aims to accelerate the initial momentum of the company's rollout and...

Loeb continues to help their clients in this challenging economic environment where traditional lenders refuse to lend. In Q4 of 2023, Loeb funded $13.8 Million in machinery and equipment term loans in diverse industries. Simply by extracting working...

First Citizens Bank today announced that its Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle,...

Lumen Technologies, Inc. ("Lumen" or the "Company") today announced that it has entered into an amended and restated transaction support agreement (the "TSA") with a broadened group of creditors who now represent, in the aggregate, over $12.5...

Prosek Partners and Becca, two women-owned communications and marketing agencies at the top of their respective fields, are joining forces, with Prosek making a minority investment in Becca. ...

Kennedy Funding (www.kennedyfunding.com), one of the largest direct private lenders in the U.S., announced that it has closed a $5 million loan on a residential estate in affluent Old Westbury, New York....

Tynt Technologies, Inc., the developer of the first-ever blackout dynamic ultra-energy-efficient window, enters 2024 on the heels of a year full of significant growth underscored by a successful seed round, world-class partnerships, breakthrough...

Swift Current Energy ("Swift Current") today announced that it has upsized its $225 million revolving credit facility to a total of $312.5 million. The upsized credit facility is a Green Loan, the maturity of which has been extended to 2026. National...

Bitflow Labs, Inc. has announced a successful $1.3 million pre-seed funding round to continue building critical infrastructure for Bitcoin DeFi. The round was led by Portal Ventures, alongside a consortium of visionary investors including Bitcoin...

Global digital asset banking group Sygnum today announced that it has raised more than USD 40 million against an initial ~USD 35 million target in an interim close of its latest funding round, which is named the Strategic Growth Round. As of the...

LG Energy Solution (KRX: 373220), a leading global manufacturer of advanced lithium-ion batteries, today announced its equity investment in Sion Power, a...

icotec ag, the leading company in the field of innovative spinal tumor implants is pleased to announce a significant milestone in its growth journey by establishing a strategic partnership with MVM Partners ("MVM"), a global healthcare venture...

Drop Mobility, a rapidly growing e-bike share company that allows cities to purchase or lease e-bikes, has landed a growth funding package from Decathlon Capital Partners to support its continued expansion. Details of the revenue-based investment...

New debt facility, provided by leading data centre lender, Deutsche Bank, is extendable to £356 million, supporting the accelerated demand for infrastructure engineered for AI and advanced computing.  New funding will help propel growth across Kao...

Today at the Meydan Hotel in Dubai, Mercedes-Benz revealed...

Local Bounti Corporation ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it...

CheckSammy, the world's largest bulk waste and sustainability operator, today announced a $45 million strategic investment that will enhance the company's ability to deliver transparent, measurable waste diversion and carbon reduction benefits to...

NPI, an industry leading provider of data-driven IT procurement solutions for large enterprises today announced a significant growth investment from Falfurrias Growth Partners (Falfurrias), a Charlotte-based private equity fund focused on...

Origis Energy, one of America's leading renewable energy and decarbonization solution platforms, today announced it has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar plus battery storage...

Vermont Slauson Economic Development Corporation (VSEDC) announced today that its client Guadalupe Tlatenchi of GTLA Apparel will be awarded a surprise $10,000 grant courtesy of the Verizon Small Business Digital Ready Program on Wednesday, January...

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has led a strategic investment in Orbiter Finance, a decentralized cross-Layer 2 (L2) protocol. Currently, Orbiter Finance is...

TOKYO, Jan. 24, 2024

Calumet Specialty Products Partners, L.P. (the "Partnership," "Calumet," "Company," "we," "our" or "us"), announced two financing transaction updates today. These financings replace the Company's previous Supply and Offtake Agreements ("SOA") that...

- First Horizon Corporation today announced that its board of directors has authorized the Company to repurchase up to $650 million of the Company's common stock....

MTA, Alaska's tech and telecom leader, has announced a $75,000 sponsorship of the Mat-Su 2024 Arctic Winter Games, the premier sporting competition and cultural gathering of and for the Arctic North. The event will take place March 10-16, 2024,...

Aequum Capital is pleased to announce it recently closed $7,100,000 in credit facilities to support Kepler Capital's acquisition of a dominant regional heavy-duty commercial vehicle towing company. The credit facilities include a working capital...

Russell Westbrook Enterprises ("RWE") has joined the ownership group in Arizona Athletic Grounds ("AAG"). RWE will focus on Basketball programming for AAG as well as community engagement through Westbrook's Why Not? Foundation....

Welligence Energy Analytics, a market leading energy data & intelligence firm specializing in global oil and gas markets, greenhouse gas emissions, and projects related to carbon capture storage and utilization (CCUS), has raised $41 million in...

Current challenges in the lending market make closing a deal more difficult than typically expected. But for the industry-leading direct private lender Kennedy Funding, December 2023 brought several successful closings, including a $5.1 million loan...

Sweetwater Investment Management ("Sweetwater" or "Sweetwater Private Equity" (dba)), a private equity secondaries specialist, today announced leadership promotions and new hires following a record-setting capital raise of $505 million in total...

Bluewhite, the agricultural Robot-as-a-Service (RaaS) company enabling data-driven autonomous farming, announced today that it secured $39M in Series C financing led by Insight Partners, with participation from new investors Alumni Ventures and LIP...

FPX Nickel Corp.  ("FPX" or the "Company") is pleased to announce that it has closed the private placement financing (the "Private Placement") with a new cornerstone strategic investor, Sumitomo Metal Mining Canada Ltd. ("SMCL"), a wholly-owned...

Myriad Venture Partners ("Myriad"), an early-stage venture firm focused on AI, clean technology and B2B software, today announced the launch of the firm with $100 million of initial capital commitments from investors, including Xerox as an anchor...

GoDaddy Inc. today announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (each, a subsidiary of GoDaddy Inc. and together, the "Borrowers") closed the previously announced credit agreement refinancing. In connection with the closing, the...

BRP Inc. announced today that it successfully amended and extended a substantial portion of its term loan facility, effectively extending U.S. $1,000 million of debt maturities from 2027 to 2031....

MitoSense Inc., a research and development company focused on neurodegenerative disease treatments, announces the successful closure of its Series Seed Funding Round led by Caydan Capital Partners, raising close to $3.5 million. The round will allow...

$20.4 million in upfront financing with the potential to receive up to an additional approximately $34.2 million for an aggregate of up to approximately $55 million Upfront net proceeds to provide funds to expand Auxoratm clinical development to...

HELSINGBORG, Sweden, Jan. 22, 2024 /PRNewswire/ ? Today, Acorai, a start-up medical device manufacturer from Sweden, has announced closing an oversubscribed series seed equity round. Acorai secured more than $4.5m in funding to finance its clinical...

Bank of America Corporation announced today that it will redeem on February 7, 2024 all ?1,250,000,000 principal amount outstanding of its 1.379% Fixed/Floating Rate Senior Notes, due February 7, 2025 (ISIN: XS1560863802; Common Code: 156086380) (the...

H2 Green Steel signs definitive debt financing agreements for ?4.2 billion in project financing and increases the previously announced equity raised by ?300 million. Total equity funding to date amounts to ?2.1 billion. The company has also been...

Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28, today celebrated the first close of the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital. Allied Climate...

The Federal Home Loan Bank of Cincinnati (FHLB) will offer $10.6 million in grants to low-income homeowners to fund accessibility rehabilitation and emergency repairs for those with special needs or person over 60 through its Carol M. Peterson...

We are pleased to announce that CanAmerican Stone Spreader and Gravel Conveyors Inc. (GCI) have entered into a strategic agreement to expand distribution in the United States. GCI will be a distributor and service center for all CanAmerican stone...

Canada Nickel Company Inc. ("Canada Nickel" or the "Company") has extended the repayment date of the US$12 million loan facility announced September 18, 2023, with Auramet International, Inc. ("Auramet") from January 18, 2024, to February 16, 2024....

Peabody today announced the closing of a new $320 million senior secured revolving credit facility maturing in January 2028, subject to certain conditions relating to the company's outstanding Convertible Senior Notes due March 1, 2028. Revolving...

Artivion, Inc. , a leading cardiac and vascular surgery company focused on aortic disease, today announced the closing of a comprehensive, non- dilutive definitive credit agreement with Ares Management Credit funds for $350 million of senior secured,...

TrusTrace, a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital, a specialist investor in businesses that...

SKYLIGHT LENDING, a leading provider of financing solutions in the residential solar space, proudly announces the successful closure of a multi-million-dollar credit facility with M&T Bank. This strategic relationship marks a significant milestone...

British International Investment (BII), the UK's development...

Service Compression, LLC ("Service Compression" or the "Company"), a leading provider of natural gas compression services for exploration and production companies, today announced the closing of a preferred equity investment from Warburg Pincus, a...