CIBC Bank Delivers $350MM Credit Facility to A-Mark Precious Metals
A-Mark Precious Metals closed a committed, three-year, $350 million credit facility led by CIBC Bank, replacing its existing $280 million credit facility.
A-Mark Precious Metals closed a committed, three-year, $350 million credit facility led by CIBC Bank, replacing its existing $280 million credit facility.
A-Mark Precious Metals expanded its existing credit facility from $220 million to $257.5 million. The expanded credit facility matures on March 26, 2021. Rabobank acted as administrative agent, bookrunner and joint lead arranger.
Rabobank acted as administrative agent, bookrunner and joint lead arranger on the renewal of A-Mark Precious Metals’ existing $270 million credit facility. Natixis acted as joint lead arranger and syndication agent for the facility.
A-Mark Precious Metals executed the renewal of its existing $260 million credit facility, which consists of a $210 million revolver and a $50 million accordion feature. Rabobank acted as administrative agent on the facility.
A-Mark Precious Metals established a credit line with access of up to $275 million with Rabobank, as the lead lender and administrative agent in the syndicate.