Daily News: May 15, 2019

Concord Provides $7.5MM Revolving LoC to Specialty Resin Supplier


Concord Financial provided a $7.5 million senior secured revolving line of credit to a supplier of specialty resin located in the Southeastern United States.

The line of credit was used to refinance the company’s existing debt and support working capital.

Concord served as the exclusive financial advisor to the company on the transaction.

Concord Financial has closed over 95% of its retained assignments and more than 170 successful transactions totaling over $1.6 billion since its inception in 2001.