HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE: STC) today announced entry into a new credit facility. On October 7, 2025, Stewart entered into a new Credit Agreement comprised of a $300 million revolving credit facility with a five-year maturity, to October 2030. This new facility provides an additional $100 million in revolving credit above the previous facility placed for Stewart in October 2021. The previous Credit Agreement was terminated on October 7, 2025, in co. ...

Company draws US $50,000,000 to retire US $50,000,000 of its existing senior secured credit facility CHICAGO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of a credit agreement agented by Chicago Atlantic Admin, LLC, with participation from a regional bank, to provide the Company a revolving credit facility (the “Revolver”) of US $75,000,000. Upon closing the Revolver, t ...

Group 1 - CMB.TECH has identified a bank syndicate to refinance all or parts of the outstanding debt in Golden Ocean Group Limited [1] - A $2,000 million facilities agreement has been signed, which includes a term loan facility of up to $1,250 million and a revolving credit facility of up to $750 million [2] - The term loan facility is expected to be drawn during the second and third quarters of 2025 [3] Group 2 - The facilities agreement will become available following the completion of the planned merger between Golden Ocean and CMB.TECH, expected in Q3 2025 [2] - Golden Ocean acts as the borrower while CMB.TECH serves as the parent guarantor [2]

Core Viewpoint - Sunrise Realty Trust, Inc. has expanded its senior secured revolving credit facility to $140 million with the addition of EverBank, enhancing its financial flexibility for growth opportunities in commercial real estate [1][3]. Group 1: Credit Facility Expansion - The credit facility now totals $140 million, with EverBank committing $50 million, and it remains expandable to $200 million under certain conditions [1][2]. - Proceeds from the credit facility will support unfunded commitments under existing loans, fund the commercial real estate loan pipeline, and provide general working capital [2]. Group 2: Company Strategy and Market Position - The expansion of the credit facility demonstrates the strength of the company's lending platform and the trust established with financing partners [3]. - The company focuses on transitional commercial real estate projects in the Southern United States, aiming for near-term value creation [4][5]. Group 3: Partner Institutions - EverBank's involvement signifies a commitment to providing customized loan structures that meet borrowers' specific needs [3][6]. - East West Bank, the original partner in the credit facility, is a significant player with total assets of $76 billion as of December 31, 2024 [7].

Company Overview - Overland Advantage is a business development company that utilizes a differentiated direct lending approach, benefiting from a strategic relationship with Centerbridge Partners and Wells Fargo [1][8] - MaxiTransfers is a money service business that specializes in the US-LATAM corridor, serving the Latin American community in the U.S. since the early 2000s [2][6] Recent Transaction - Overland Advantage served as the lead arranger for a $74.0 million second lien credit facility to support a recapitalization transaction for MaxiTransfers, while Wells Fargo continues as the agent for a $90.0 million revolving credit facility [1][3] - The transaction aligns with Overland's strategy of supporting companies with demonstrable growth in attractive industries [4] Strategic Relationships - The collaboration between Overland and Wells Fargo provides MaxiTransfers with access to innovative private credit solutions and a bank credit facility [5][8] - Overland's relationship with Centerbridge Partners enhances its ability to offer unique, relationship-driven solutions to meet the capital needs of privately owned middle market businesses [8][10] Company Capabilities - MaxiTransfers operates over 4,500 agent locations, serving more than 130,000 payment points across Latin America, the Caribbean, and Asia Pacific, facilitating billions of dollars in remittances annually through its proprietary technology platform [6] - Overland Advantage focuses on providing innovative lending solutions to middle market companies in North America, enabling them to pursue strategic goals [7]