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 [...]
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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 [...]
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 [...]