Finacity, a White Oak Global Advisors company, closed a $30 million senior secured revolving credit facility for Hornblower Group, a global provider of tourism experiences and transportation services with a focus on maritime cruising activities. Finacity provided structuring and execution support throughout the closing process and is responsible for the ongoing program administration and reporting. Synovus served as the lender and facility agent.
“We are pleased to partner with Synovus and Finacity on this new credit facility, which enhances our financial flexibility and supports Hornblower’s ongoing investments in our fleet, guest experiences and long-term growth strategy,” Dave McGinnis, chief financial officer of Hornblower, said.
“We are very excited to work with both the Finacity and Hornblower teams and provide access to flexible capital to support Hornblower’s growth and strategic initiatives,” Steven Safirstein, director of asset-based lending, specialty finance division at Synovus, said.
