Category: ABL Deals

Sterling Provides Term Loan to ASI Holding

Sterling National Bank has approved a $550,000 term loan to ASI Holding, a provider of traditional temporary staffing, which primarily includes clerical and light industrial help to businesses in Minnesota and Wisconsin.

Tronox Enters Into New $700 Million Term Loan Financing

Tronox has entered into a new senior secured $700 million term loan facility. Tronox also amended its existing asset-based lending facility. Goldman Sachs Bank USA and Deutsche Bank Securities act as joint bookrunners on the term loan and Wells Fargo Capital Finance is the lender on the revolver.