BMO Harris Bank's Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $47 million in senior credit facilities to JDC Healthcare Management, a Black Canyon Capital portfolio company.

Gulf Coast Business Credit (GCBC)'s Stuart Wrba recently provided a $1,250,000 working capital facility to a Texas-based, oilfield transportation company.

With a prior background in the transportation industry, the company came to GCBC through the 2014 East Texas Oilfield Exposition. GCBC's working capital facility will allow the company to successfully maintain growth in their services. The transportation company transports bulk sand for oil and gas well fracturing as well as provides an array of ancillary services. ­

Gulf Coast Business Credit has over 20 years of dedicated experience in the trucking industry and business development offices strategically placed throughout the United States around the oil and gas sector. GCBC is able to provide hassle free financial support to companies that manage large fleets to companies with a fleet of one.

Stuart Wrba is vice president, business development located in Atlanta, GA. He can be reached by email: stuartwrba@gulfbank.com or call 866-577-8867.

North Mill Capital LLC is pleased to announce the funding of a $5 million  accounts receivable and inventory credit  facility and a $1 million term loan to a  designer and manufacturer of medical  instruments located in New Jersey.

Funds were used to pay out current lender and provide additional working capital.

Sterling Commercial Credit, LLC provided the following factoring facilities: $300,000 for a distributor of outdoor cooking products in North Carolina; $500,000 for a welding company in Colorado and $150,00 for an aggregated sand and gravel company in Utah.

Eastern Bank, a full-service commercial bank headquartered in Boston, announced that Roxann C. Cooke has been promoted to senior vice president and regional manager of 17 retail banking locations in the Boston, Cambridge and MetroWest markets. 

"Roxann is a talented banker who has demonstrated outstanding leadership within Eastern Bank and in the community through her service to our customers and various not-for-profit organizations," said Eastern Bank's Robert DiGiovanni, senior vice president, director of Retail Banking. "Roxann is a great addition to our senior leadership team."

In 2012, Eastern Bank appointed Cooke as vice president and branch manager of the bank's "Ashmont Station" office located at 1906 Dorchester Avenue in Dorchester. Prior to that, Cooke, who joined Eastern in 2009, served as branch manager of the bank's Lynn office at 112 Market Street.    

Cooke serves on the board of several organizations including: the South Middlesex County Alumnae Chapter of Delta Sigma Theta Sorority, Inc., Girls Inc. of Lynn, the Dorchester YMCA and Ashmont Hill Chamber Music.

Cooke, who also received the Greater Boston YMCA Young Black Achievers award for her professional accomplishments and her commitment to community service, earned her Bachelor of Arts degree in Sociology from Dartmouth College in New Hampshire. 

She completed a post graduate program at the Harvard University Extension School where she received a graduate certificate in Business Administration and Management.  Cooke further developed her leadership skills through the Emerging Leaders Program at the University of Massachusetts in Boston.

Cooke lives in Mattapan with her two daughters, Imani and Jada.  She can be reached at r.cooke@easternbank.com. 

Ritchie Bros. Auctioneers (NYSE & TSX: RBA) is pleased to announce that its Board of Directors has appointed Beverley Briscoe as Chair of the Board, with immediate effect. Briscoe succeeds Robert Murdoch, who announced his intention to step down from the board by the end of 2014, due to reaching the mandatory age limit.  Murdoch will continue as a director on the board for the remainder of 2014.

Beverley Briscoe has been a director of Ritchie Bros. for over 10 years and, since September 2013, has held the role of Deputy Chair. Briscoe has extensive industry experience in the transportation and industrial equipment sectors.  From 1997 - 2004 she owned a transportation services company and prior to that was vice president of Wajax Industries, CFO of the Rivtow Group of Companies and CFO of a number of operating divisions of the Jim Pattison Group. Briscoe has a Bachelor of Commerce degree from the University of British Columbia, is a Fellow of the Institute of Chartered Accountants and is a Fellow of the Institute of Corporate Directors. Briscoe is also a director on the board of Goldcorp Inc., where she chairs the Audit committee and is a member of the Environmental Health and Safety Committee.  She is the past Chair of the Industry Training Authority for BC and the past chair of the BC Forest Safety Council. 

Paul Hastings LLP, a leading global law firm, announced that the firm represented RBC Capital Markets, LLC and Credit Suisse Securities (USA) LLC as joint bookrunning managers in connection with the offering of $850 million principal amount of 6.125% senior notes due 2023 by Sanchez Energy Corporation, an independent exploration and production company focused on the acquisition and development of unconventional oil resources in the onshore U.S. Gulf Coast. 

The offering closed into escrow and subject to certain conditions, the net proceeds of the notes will be used to fund the acquisition of oil resources in the Eagle Ford Shale region and for general corporate purposes.
Leveraged Finance partners John Cobb and Michael Baker led the Paul Hastings team, which also included associates Seth Chandler, Ed Holmes, Julie Park, and Yian Huang.

July 10, 2014  - July 23, 2014