White Oak Advisors Closes $215.4MM in Senior Financings
White Oak Global Advisors announced it recently closed the following senior financings:
An $82 million senior secured term loan to a global provider of subsea construction services and support for the offshore oil and gas industry. Along with a meaningful investment from the company’s financial sponsor, the financing was used to acquire a major competitor in the space as well as for general corporate purposes. White Oak served as administrative agent and sole lender for the transaction.