Crystal Financial provided a $60 million senior term loan for Southern States Cooperative, a cooperative founded in 1923 for farmers and rural homeowners that provides products, services and growing solutions for farming communities in 21 states.
Crystal Financial provided a $27.5 million senior credit facility for lifestyle and apparel brand True Religion Apparel. Proceeds from the transaction were used to finance True Religion’s emergence from Chapter 11 on Oct. 19, 2020 under a court-approved plan of reorganization.
Crystal Financial completed an $80 million secured term loan for The Children’s Place, a pure-play children’s specialty apparel retailer in North America.
Roadrunner Transportation Systems completed its divestiture of all truckload segment businesses. Additionally, the company ended its existing senior secured credit facility and entered a new $45 million senior secured asset-based credit facility with Crystal Financial.
Crystal Financial, in partnership with affiliates of Solar Capital Partners, closed a C$97.5 million ($72.4 million) senior credit facility for Ashley Park Operations.
Crystal Financial closed an $80 million senior credit facility with SMART Financial, a holding company for operating subsidiaries with over 60 pawn shop locations in the United States and Canada.
Crystal Financial closed a $27.5 million senior credit facility for KPM Analytics Holdings. The facility consisted of a $21 million term loan, a $3 million revolver and a $3.5 million delayed draw term loan.
Crystal Financial closed a $55 million senior credit facility for Lacks Valley Stores. The facility consists of a $15 million revolving line of credit and a $40 million term loan.