The Credit Bubble with Derek Brunelle

L.O.T.W. #156 - HawkEye 360: Closes Senior Growth Capital and Mezzanine Term Loan

Silicon Valley Bank doubles down on its HawkEye 360 relationship - anchoring a $48.6 million two-facility financing package, alongside Pinegrove and…

May 14 • Derek R Brunelle

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L.O.T.W. #155 - Lord Abbett's Got Back [Leverage]

A closer look at Lord Abbett PCF Financing 2's back leverage revolving facility provided by Royal Bank of Canada

May 7 • Derek R Brunelle

April 2026

L.O.T.W. #153 - Emergent BioSolutions: Vital Signs Improving - Lender Refi Cuts 200 bps and Extends Runway

Closes $150 million OrbiMed-led senior secured term loan to refinance its 2024 Oak Hill facility; concurrently right-sizes Wells Fargo ABL revolver from…

Apr 29 • Derek R Brunelle

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Charles Thor: Crafting a Career in Commercial Banking

Apr 20 • Derek R Brunelle

1:17:16

L.O.T.W. #152 - Hyperfine Scans for Growth Capital and Secures $40 Million Multi-Tranche Term Loan

Horizon Technology Finance backs Hyperfine's commercial expansion with $40 million in multi-tranche growth capital and a performance-linked…

Apr 15 • Derek R Brunelle

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L.O.T.W. #151 - Turn Therapeutics: Growth Capital Timed to Phase 2 Readout

Avenue Venture layers in a $1.2 million stock grant, a discounted conversion option, and a participation right alongside a $25.0 million term loan

Apr 8 • Derek R Brunelle

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L.O.T.W. #150 - Solaris Lights Up New Credit Facility and Adds 900 MW of Additional Capacity

Solaris secured $300 million of short term growth capital from Goldman Sachs and Banco Santander to support Genco Power Solutions acquisition and the…

Apr 1 • Derek R Brunelle

3

March 2026

L.O.T.W. #149 - Quest Resources Embarks on New Credit Journey with Texas Capital Bank

New $40 million ABL facility from Texas Capital Bank refinances existing ABL deal from PNC Bank.

Mar 23 • Derek R Brunelle

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L.O.T.W. #148 - Tokens All the Way Down - ALT5 Digital Holdings Alternative Funding from World Liberty Financial

$15 million non-recourse crypto-collateralized term loan from token issuer, World Liberty Financial, supports share buy-backs, working capital, as well…

Mar 4 • Derek R Brunelle

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February 2026

L.O.T.W. #147 - AVITA Medical Rebuilds Balance Sheet Strength with New Structured Term Loan

$60 million commitment from Perceptive Credit Holdings refinanced existing structured term loan from Orbimed Advisors and realigned revenue covenants to…

Feb 16 • Derek R Brunelle

1

Aznaur Midov: Credit, Content, and Company Building

Feb 3 • Derek R Brunelle

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36:24

January 2026

L.O.T.W. #146 - Inside Intuitive Machines' $40 Million Secured Revolver with Stifel Bank

Non-formula, cash-backed revolving facility provides additional dry powder and working capital flexibility to support the company's growth objectives.

Jan 21 • Derek R Brunelle

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