Credit

Hamilton Lane raises nearly $900m for sixth private credit fund

Hamilton Lane has closed its sixth private credit fund at nearly $900 million.

B2B automotive platform Trade X inks $50m line of credit

TRADE X, a Toronto-based business-to-business automotive trading platform, has raised a senior secured revolving line of credit of $50 million, including an ability to expand up to $100 million.

CVC Credit backs Calibre Scientific

CVC Credit has provided a $57 million credit facility to Calibre Scientific, a Los Angeles-based provider of consumable products in the life science tools and diagnostics markets.

CVC Credit prices CLO

CVC Credit has priced Apidos XXXV, a $500 million collateralized loan obligation.

McKinley Capital Management forms Alaska-focused direct lending business

McKinley Capital Management has launched a direct lending business that will back Alaskan businesses in the current and post-pandemic economy.

BDC Capital invests in growth of Longbow Advantage

Montreal-based Longbow Advantage, a consulting and IT services company specializing in supply chain management, has received C$1 million in non-dilutive financing.

TCF supports Westhook Capital's investment in RainShadow Labs

TCF Capital Funding has provided funding to back Westhook Capital's investment in RainShadow Labs.

Brevet Capital provides C$100m credit facility to Boast.ai

Vancouver-based Boast.ai has secured a C$100 million credit facility from Brevet Capital.

American Equity and Adams Street to form mid-market credit JV

American Equity and Adam Street Partners have agreed to form a joint venture in middle-market credit.

Silicon Valley Bank provides $50m debt financing to AirSlate

AirSlate, a provider of no-code business automation solutions, has secured $50 million in debt financing from Silicon Valley Bank.