KeyBank Specialty Finance Lending closed a $50 million revolving credit facility for the Oxford Finance Credit Fund I LP, a private debt fund managed by Oxford Finance.
“KeyBank has supported the Oxford Finance platform for more than eight years and we are thrilled to expand our relationship with this new leverage facility,” Rian Emmett, managing director and group head of KeyBank Specialty Finance Lending, said. “Oxford Finance is a premier originator and asset manager in the life sciences and healthcare space, with a marquee name within our portfolio of $4.5 billion of commitments under management.”
The new revolving credit facility will help Oxford Finance provide flexible financial solutions to the healthcare sector.
“Oxford Finance is pleased to have expanded its relationship with KeyBank,” Joshua Friedman, CFO of Oxford Finance, said. “They have proven to be a reliable and supportive capital partner as our platform continues to grow.”
KeyBank Specialty Finance Lending is a business unit of KeyBank National Association and provides structured debt facilities for targeted segments within the specialty lending marketplace.
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare service companies.
