PNC Bank served as administrative agent for an $18.5 million senior secured credit facility for Sandusky, OH-based August Corso Sons.
Established in 1941, Corso is a fourth-generation family-owned and operated perennial grower, provider of landscaping services, and flower and gardening products retailer.
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“PNC’s customized financing solution will enable Corso to focus its corporate strategy on long-term stability and profitability,” said Tim Swiss, senior vice president and business development officer, PNC Business Credit. “We are pleased to provide the company with a depth and breadth of products and services designed to support its strategic growth.”
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Corso will use the funds to refinance existing debt.
Forward for Specialty Finance
