Westmoreland Coal successfully modified certain terms of its revolving credit line as part of its regular business update with its banking partners, The PrivateBank and Bank of the West.
The PrivateBank extended an $18.5 million facility to Virginia Explosives & Drilling Company.
The PrivateBank extended a $16 million credit facility to Advantage Sintered Metals and Contact Technologies, powdered metal manufacturers based in Battle Creek, MI, and St. Mary’s, PA, respectively.
Royal Financial has established a revolving line of credit of $4 million with The PrivateBank. The line of credit is secured by a pledge of the bank’s common stock.
The PrivateBank extended $36 million in senior secured commitments to three companies in recent transaction.
The PrivateBank extended $7.9 million in facilities to Cozzi O’Brien Recycling.
The PrivateBank announced it extended a $16.5 million senior credit facility to Twin Tails Seafood.
The PrivateBank announced it extended a $16.5 million senior credit facility to Twin Tails Seafood.
The PrivateBank extended $15 million in credit facilities to Universal Metals, a secondary steel coil distributor based in Toledo, OH.
The PrivateBank announced it extended $30.66 million in credit facilities to Arandell, a retail catalog printing company.