SMF Energy Corporation Files for Reorg under Chapter 11

SMF Energy Corporation, an energy logistics company, has filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. This follows the receipt of a declaration from Wells Fargo Bank, the company’s principal lender, of various events of default. PRESS RELEASE SMF ENERGY CORPORATION (NASDAQ: FUEL), a leading energy logistics company (the […]

The Talbots Nets $75M in Loans

The Talbots Inc., the listed retail store, has entered into a $75 million secured term loan with Wells Fargo Bank and amended its $200 million secured revolver with GE Capital. The new loan will mature in February 2017. PRESS RELEASE: Talbots Announces New $75 Million Secured Term Loan and Amendment of $200 Million Secured Revolving […]

Monroe Capital Provides $21 Million to Benton-Georgia

Earlier this week, Monroe Capital, a Chicago-based private investment firm that provides senior and junior debt and equity investments to middle-market companies, announced the funding of a $21 million junior term loan and equity investment in Benton-Georgia, natural gas pipeline construction services company. Monroe worked in partnership with Wells Fargo Bank, which provided a $30 million […]

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