PNC Upsizes A. M. Castle Facility
A. M. Castle expanded its existing credit facility to increase its borrowing capacity by $25 million. PNC is the company’s first lien lender.
June 4, 2018
A. M. Castle | PNC Bank
ABF Journal
PNC Closes $85MM DIP for A. M. Castle
A. M. Castle closed its $85 million senior-secured, revolving, debtor-in-possession financing agreement with PNC Bank and received a commitment from the bank for a $125 million ABL facility.
July 11, 2017
PNC Supports A.M. Castle Restructuring with $210MM Financing
A. M. Castle executed commitment letters with PNC Bank for a $125 million ABL credit facility and an $85 million debtor-in-possession credit facility to support operations during its restructuring.
June 6, 2017
Wells Fargo Agents A.M. Castle ABL Increase
A.M. Castle announced it has increased its asset-based revolving credit facility from $100 million to $125 million. An 8-K filing showed Wells Fargo as administrative agent and collateral agent for the lender group.
January 24, 2014