CapX Partners Closes $7.5MM Term Loan for Charter Coach Company

Specialty finance company CapX Partners closed a $7.5 million loan to meet the existing and future debt financing needs of Gray Line of Tennessee, a charger coach, sightseeing and tour bus company.

PNC Provides Gray Line of Tennessee ABL Revolver

PNC Bank, a member of The PNC Financial Services Group, announced the closing of a $14 million ABL revolver for Gray Line of Tennessee. The funds are intended to refinance debt and provide ongoing working capital.