MidCap Financial Provides $60MM Revolver for Celadon

MidCap Financial provided a $60 million senior revolving credit facility to Celadon Group, a North American transportation company.

BofA Upsizes Celadon Group Facility to $122.9MM

Celadon Group amended its credit facility to extend the maturity date and provide additional liquidity.

BofA, Others Upsize Celadon Revolver to $195MM

Shipping company Celadon Group amended its revolving line of credit, increasing the maximum borrowing capacity from $180 million to $195 million and the letters of credit from $30 million to $35 million.

BABC, WFCF Support Celadon Refi

Troubled trucking group Celadon will refinance its existing credit agreement, including a new $100 million revolving credit facility provided by Bank of America Business Capital and Wells Fargo Capital Finance.

BofA Leads Celadon Group Revolver Amendment

Celadon Group, a long-haul freight service serving the U.S., Canada and Mexico, amended its revolving credit facility led by Bank of America.

Bank of America Agents $225MM Revolver for Celadon Group

Celadon has signed a term sheet for a new $225 million asset-based revolving credit facility led by Bank of America that is expected to close during the June quarter and an amendment to its existing credit facility to waive potential defaults and provide interim liquidity.