BofA Business Capital Announces Appointments
Bank of America Business Capital announced several appointments to help the team continue to provide seamless and efficient credit and liquidity management solutions to clients around the globe.
Bank of America Business Capital announced several appointments to help the team continue to provide seamless and efficient credit and liquidity management solutions to clients around the globe.
Bank of America Business Capital announced it is leading a new $75 million credit facility for Steinway Musical Instruments to support the company’s acquisition by Paulson & Co. and for working capital needs.
Bank of America Business Capital made three appointments to help its team continue providing seamless and efficient credit and liquidity management solutions.
Bank of America Business Capital announced it provided a new $26.5 million asset-based credit facility to the A.L. Schutzman Company. Proceeds will be used to support working capital.
BofA Business Capital announced it provided a new $85 million credit facility to Seaton. Proceeds will be used to refinance debt and support working capital, and the facility is intended to increase seasonally.
Bank of America Business Capital announced it provided a new $50 million asset-based loan to Yellow Media Limited. Proceeds will be used for general corporate purposes.
BofA Business Capital provided a $32.5 million asset-based working capital facility to MIQ Logistics. Bank of America Merrill Lynch also is providing global treasury management services as part of the transaction.
Bank of America Business Capital provided a $30 million ABL to JD Norman Industries to refinance existing debt and support the purchase of two subsidiaries of Federal-Mogul.
Bank of America Business Capital closed a £110 million asset-based revolving credit facility for UK-based Doncasters Group. In addition, BofA Merrill closed a US$1.166 million credit agreement.