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Americas

VersaBank launches first US real-time structured receivables programme with...

VersaBank has implemented its Real-Time Structured Receivable Program in the US for the first time, allowing ECN Capital to move individual point-of-sale loans into the bank's funding structure within hours rather than warehouse receivables for days before financing them. The...

#AI underwriting#ECN Capital#fintech

Gerdau increases global working-capital credit facility 29% to US$1.125bn

Brazilian steelmaker Gerdau has replaced its US$875m global working-capital revolver with a US$1.125bn senior unsecured facility, increasing committed liquidity by…

#BBVA#Brazil#corporate liquidity


Atlas Salt financing LOIs exceed C$300m with Sandvik and...

Atlas Salt has taken non-binding financing interest for its Great Atlantic Salt Project above C$300m after Sandvik advanced an equipment-finance…

#Atlas Salt#commodity finance#EDC


Vital Infrastructure replaces C$370m secured line with C$500m unsecured...

Vital Infrastructure Property Trust has replaced its C$370m secured credit facility with a C$500m senior unsecured bank line, increasing corporate…

#Bank of Nova Scotia#corporate finance#credit facility


Finnvera could support US$132m of Troilus financing for Metso...

Finnvera could support up to US$132m of long-term financing for equipment being supplied by Finland's Metso to the Troilus gold-copper…

#copper#ECA finance#export credit


Lambda closes US$926m GPU-backed term loan B at SOFR...

AI cloud operator Lambda has closed a US$926m senior secured term loan backed by GPU infrastructure and the contracted cash…

#AI infrastructure#asset-backed finance#Citizens Bank


Core Scientific secures US$600m credit and LC facilities to...

Core Scientific has arranged US$600m of committed senior secured bank facilities, combining a US$100m revolver with a US$500m letter-of-credit line…

#Core Scientific#data centres#Goldman Sachs


Perma-Pipe consolidates global credit into US$89m JPMorgan facility with...

Perma-Pipe International Holdings has consolidated multiple financing arrangements across its international operations into a single JPMorgan-led structure, establishing US$89m of…

#accordion facility#credit facility#global banking


First Brands: When Verification Failure Reaches Chapter 7

Judge Lopez denied confirmation of First Brands' joint Chapter 11 plan today. The order runs to a single paragraph: denied…

#bankruptcy#Chapter 11#Chapter 7


NewPower raises committed credit facility 50% to US$750m for...

Electronics distributor NewPower Worldwide has expanded its committed credit facility by 50% to US$750m, giving the company another US$250m of…

#Citizens#corporate finance#credit facility


WFY’26: Mexico’s factoring market gains momentum

Mexico’s factoring market demonstrated notable resilience in 2025, continuing to grow despite trade policy uncertainty, slowing domestic demand and changing…

#factoring


POSCO tokenises trade receivables after AI checks invoices and...

POSCO International America has completed a trade-finance transaction that converted real trade receivables into tokenised digital assets after invoices and…

#Avalanche#blockchain#digital trade

First Brands’ Evidentiary Record Cataloged, Documents Revealed

The Documents Were Not Missing The evidentiary record from First Brands' combined confirmation and disclosure-statement hearing has been cataloged. The…

#borrowing base#collateral#credit risk

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