Concord Supports Sivyer Steel in Bankruptcy Sale
Concord Financial Advisors came on board to support Sivyer Steel in its bankruptcy 363 sale to a new owner after the company defaulted on its bank loan.
Concord Financial Advisors came on board to support Sivyer Steel in its bankruptcy 363 sale to a new owner after the company defaulted on its bank loan.
Concord Financial Advisors closed a $9.6 million transaction for the AMS Group that included a $7 million revolving line of credit, a $1.6 million equipment term loan, a $750,000 CapEx line of credit and a $250,000 advance term loan.
Concord Financial Advisors closed a $3.75 million credit facility, consisting of a $3.5 million senior secured revolving line of credit and $250,000 term loan, for Chicago-based II In One Contractors.
Concord Financial Advisors closed a financing package for ARI Packaging consisting of a $10 million revolving line of credit, a $2.5 million equipment term loan and a $2.5 million line of credit.
Concord Financial Advisors secured $2.35 million of senior credit facilities for a Wisconsin-based supplier of electrical products.
Concord Financial advised Netcom in acquiring $7.545 million in secured credit facilities, including a revolving line of credit and an equipment term loan.
Concord Financial Advisors provided a $2.1 million revolver for a Wisconsin direct marketing company.
Concord Financial Advisors closed a $20 million senior secured revolver and a $6 million term loan for Hufcor, a manufacturer and distributor of movable walls.
Concord Financial Advisors facilitated the placement of a $8.2 million senior secured ABL facility and a $1.1 million second lien loan for a private equity sponsored manufacturer.
Concord Financial Advisors said it facilitated the closing a $5 million senior secured revolver for Concrete Structures of the Midwest with a local bank.