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Bank of America, Blackstone, Citi and Morgan Stanley have announced a US$63bn financing structure to acquire artificial intelligence computing equipment from Broadcom and lease it to Anthropic, creating an unusually large example of asset-backed funding for technology infrastructure. The transaction,...
#AI infrastructure#Anthropic#asset-backed finance
US business services group Conduent has completed a US$447m refinancing that extends its revolving credit maturities to May 2029 but…
#Bank of America#Conduent#corporate restructuring
US school-bus manufacturer Blue Bird has closed a US$600m senior secured financing package, replacing US$250m of existing facilities and extending…
#Bank of America#Blue Bird#BMO
Bank of America's corporate clients increased their use of real-time payments sharply during the first seven months of 2026, with…
#Bank of America#cash concentration#corporate treasury
US specialty-products and renewable-fuels producer Calumet has increased its asset-based revolving credit facility by US$100m to US$600m, linking the additional…
#ABL#asset based lending#Bank of America
Sysco has added a US$750m senior unsecured delayed-draw term loan to its financing package, giving the food distribution group another…
#acquisition finance#Bank of America#CoBank
IDEX Corporation has extended the maturity of its US$800m revolving credit facility to September 2031, giving the US industrial group…
#Bank of America#corporate liquidity#IDEX Corporation
Concrete Pumping Holdings, Inc. ("the Company"), a leading provider of concrete pumping and concrete waste management services in the U.S.…
S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…
#bank#Bank of America#financial services
Mountain Ridge Funding, a specialist of asset-based lending and term loans to middle-market businesses, launches officially its factoring company Alpine…
#bank#Bank of America#commercial finance
Wells Fargo Commercial Banking has announced Bobby Bans as head of Middle Market Asset-Based Lending ... (more…)
Flux Power Holdings, Inc. (Flux Power), a developer of advanced lithium-ion energy storage solutions for... (more…)
#Bank of America#Gibraltar Business Capital#Silicon Valley Bank
Corcentric, a leading global provider of procurement and finance solutions, has announced it secured a new US$315m senior credit facility.…
#Bank of America#Corcentric