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North America

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 project in Quebec, adding an export-credit component to a broader project funding process of up to US$1.2bn. Troilus Mining has...

#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


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


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


Republic gives Louisiana infrastructure start-up US$1m factoring line to...

Republic Business Credit has provided a US$1m factoring facility to a Louisiana utility-infrastructure start-up as the contractor seeks to fund…

#factoring#infrastructure finance#Louisiana


IFC takes US$103.5m mezzanine risk off BBVA Mexico to...

IFC has agreed to provide BBVA Mexico with a guarantee of up to MXN1.795bn, approximately US$103.5m, in a significant risk…

#BBVA Mexico#capital relief#credit guarantee


US 50% tariff hits C$28bn of Canadian goods as...

US tariffs of 50% have taken effect on roughly C$28bn of Canadian goods after Ottawa suspended trade negotiations with Washington,…

#Canada#import finance#Mark Carney


Starling secures US$25m SLR revolver against receivables as first...

Starling Oncology has put a US$25m revolving facility in place with SLR Healthcare ABL, using an accounts-receivable borrowing base to…

#accounts receivable#asset based lending#Gemino Healthcare Finance


Panama Canal cuts daily transits from 36 to 32...

The Panama Canal will cut daily vessel transits from 36 to 32 in September as worsening water constraints turn the…

#commodity finance#drought#El Niño

Hilco backs Hulcher rail-services takeover with US$60m first-lien ABL

Hilco Global Capital Solutions has provided a US$60m first-lien asset-based lending facility to finance Turnspire Capital Partners' acquisition of North…

#acquisition finance#asset based lending#Hilco Global Capital Solutions

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