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Home Deal Announcements

CIBC US ABL Team Supports NW Automotive Group with New Senior Credit Facility

The facility was designed to support working capital and growth needs, as well as provide a full suite of banking products and services.

byBrianna Wilson
December 12, 2025
in Deal Announcements, News

CIBC US’s asset-based lending team recently provided NW Automotive Group, a portfolio company of New Water Capital, dba LUXIT, with a new senior credit facility to support working capital and growth needs, as well as provide a full suite of banking products and services.

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