Broadwind completed a $35 million senior secured asset-based revolving loan facility and a $7.578 million senior secured term loan facility with Wells Fargo Bank as lender. The five-year facilities mature on Aug. 4, 2027 and replace the company’s existing credit facility. The proceeds of the facilities will be used for general corporate purposes, including strategic growth opportunities.
Wells Fargo Bank Provides $35MM Credit Facility and $7.5MM Term Loan to Broadwind
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