ABL Deals Archives - ABFJournal

JPMorgan Chase Arranges $500MM Term Loan as Part of $1B Package for Tillman Infrastructure

Tillman Infrastructure, a provider of wireless communication infrastructure, completed a financing package totaling $1 billion, including a $500 million term loan arranged by JPMorgan Chase and $500 million from HPS Investment Partners, Apollo and Oak Hill Advisors.

CIBC and Others Deliver Term Loan and Revolver as Part of $580MM Debt Capital Raise by Conterra

Conterra Ultra Broadband, a provider of fiber-optic network-based infrastructure and services, completed a debt capital raise totaling $580 million, including a term loan and revolving credit facilities being provided by CIBC, National Bank of Canada, NordLB, SMBC and Export Development Canada.

Lombard Odier Investment Managers Closes $25MM Working Capital Facility for On.Energy

On.Energy, a North American electric power asset owner and integrator of battery energy storage systems, closed a senior secured first lien facility with institutional asset management company Lombard Odier Investment Managers.

KeyBank Provides $4MM Revolving Line of Credit to KBS Builders

KBS Builders, a business of Star Equity Holdings, closed a $4 million revolving line of credit with KeyBank. KBS Builders intends to use the facility to meet its working capital requirements and execute its business plan.

April 26, 2024 David Noble | KBS Builders | KeyBank | Star Equity Holdings Phil Neuffer

Monroe Capital Agents Credit Facility for Epika Fleet Services

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the future growth of Epika Fleet Services, an existing portfolio company of Trivest Partners.

April 25, 2024 Epika Fleet Services | Monroe Capital | Trivest Partners Phil Neuffer

Wells Fargo Capital Finance Provides $110MM Credit Facility to Mountain Ridge Capital and Alpine Ridge Funding

Mountain Ridge Capital (MRC) and Alpine Ridge Funding (ARF), both independent asset-based lending and factoring companies backed by Arena Investors, closed a $110 million senior credit facility from Wells Fargo Capital Finance.

Comvest Credit Partners Provides Credit Facility to Senior Helpers to Support Acquisition

Comvest Credit Partners is acting as administrative agent on a senior secured credit facility for Senior Helpers, a Towson, MD-based provider of home care and wellness offerings for seniors, to support its acquisition by private equity firm Waud Capital Partners.

Mountain Ridge Capital Delivers $20MM Revolving Credit Facility to Danimer Scientific

Bioplastic company Danimer Scientific entered into an asset-based revolving credit and security agreement with Mountain Ridge Capital secured primarily by the company’s accounts receivable and inventory. The agreement provides for borrowings under a revolving commitment of $20 million.

April 23, 2024 Danimer Scientific | Mountain Ridge Capital Phil Neuffer

Monroe Capital Arranges Credit Facility for Bishop Lifting Products

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the growth of Bishop Lifting Products, an existing portfolio company of Altamont Capital Partners.

April 23, 2024 Altamont Capital Partners | Bishop Lifting Products | Monroe Capital Phil Neuffer

TD Bank and Others Arrange Credit Facility for Mattr

Materials technology company Mattr closed on its credit facility with TD Bank and National Bank Financial Markets as co-lead arrangers and joint bookrunners, and Royal Bank of Canada, JPMorgan Chase, Export Development Canada and ATB Financial as lenders.

Category: ABL Deals