ABL Advisor

Alvotech, a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, amended its existing credit agreement with funds managed by GoldenTree Asset Management LP and other existing lenders of Alvotech to provide a term loan facility of up to $75 million in additional capital.

MarineMax, the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, completed the refinancing of its $1.49 billion aggregate senior secured credit facilities. The financings were led by M&T Bank as Administrative Agent and Joint Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint Lead Arranger and Floor Plan Agent.

FGI Worldwide (“FGI”), a leading provider of working capital financing and trade credit insurance solutions, has announced the promotion of three team members across its Finance and Tech divisions, reflecting the firm’s commitment to developing talent and continued growth. Lauren Saglamer has been promoted to Managing Director within FGI Finance.

First Horizon Bank announced that Jason Triplett, Head of Commercial Banking, has been named Western North Carolina Area President for the Mid-Atlantic Region. He will report to Laura Bunn, Mid-Atlantic Regional President, and be responsible for leading community banking and associate and community engagement while expanding the bank's market share across Western North Carolina, including Asheville, Boone, Hickory and Lenoir.

MBG successfully closed a $1,775,000 refinance loan for Agus Holdings, secured by a single-tenant retail property leased to Lids and located at 517 Fulton Street in the heart of Downtown Brooklyn, NY. Strategically positioned along Fulton Street in Downtown Brooklyn, the property benefits from exceptional visibility within a well-established and active retail corridor.

SouthStar Capital closed an Accounts Receivable Financing facility for a healthcare supply company that provides food service and sanitation products to long-term care facilities. As demand for essential healthcare supplies continues to grow, the company required additional working capital to bridge the gap between product delivery and customer payment.

Haynes Boone welcomes Partner John Messina to its New York office and Finance Practice Group, where he will focus on derivatives and structured finance. His arrival further reinforces the firm’s market-leading derivatives capabilities and enhances the sophistication of its offerings in one of the firm’s key markets. Messina brings more than 20 years of experience advising financial institutions, issuers and market participants on derivatives, securities law and structured finance matters.

SFNet's Q1 2026 survey shows lender sentiment diverging as borrowers increase facility utilization and economic uncertainty reshapes financing activity. As traditional banks pulled back in the first quarter of 2026, non-bank lenders moved in the opposite direction, posting their highest confidence reading in more than three years. New data from the Secured Finance Network underscores how rising inflation and geopolitical uncertainty are reshaping the financing landscape for American businesses.

Owlet, a pioneer of smart infant monitoring, entered into a new $25 million asset-based revolving credit facility on June 26, 2026, with Wells Fargo Bank. The new facility refinances and replaces the Company’s existing asset-based credit facility and term loan, significantly reducing Owlet’s cost of capital, enhancing liquidity, and providing increased financial flexibility to support future operating and strategic initiatives.

The partners and staff of Sherwood Partners are joining global business advisor EisnerAmper in a combination expected to close in July 2026. Founded in 1992 and headquartered in Santa Clara, CA—in the heart of Silicon Valley—Sherwood Partners also has offices in Los Angeles and New York City.