Drobo Renews Credit Facility with East West Bank
Storage solutions provider Drobo said it received $4 million of growth capital from Dune Road Capital and Montage Capital and renewed its $4 million credit facility with East West Bank.
Storage solutions provider Drobo said it received $4 million of growth capital from Dune Road Capital and Montage Capital and renewed its $4 million credit facility with East West Bank.
Applied Optoelectronics entered into $50 million three-year revolver with BB&T. The company terminated credit agreements with East West Bank and Comerica Bank.
Evolving Systems Holdings entered into a term loan facility agreement with East West Bank as lender in the amount of $4.73 million.
ENSERVCO closed an agreement with East West Bank for a $30 million revolving line of credit. The new facility replaces a credit agreement with PNC Bank.
Kingfisher Midstream entered into a $200 million senior secured revolving credit facility with ABN AMRO Capital USA as administrative agent, book runner and lead arranger.
The Trade Desk entered into a $200 million, five-year senior secured credit facility. Citibank acted as lead arranger and administrative agent.
Robert Alexander has joined East West Bank as senior vice president, asset-based financing relationship manager. Alexander was previously a senior vice president for U.S. Bank’s Asset Based Finance division.
General Finance amended and extended its North American senior secured revolver with a syndicate led by Wells Fargo that also included: East West Bank, CIT Bank, KeyBank, Private Bank and Trust and Bank Hapoalim.
Identiv entered into a $10 million term loan agreement with Western Technology Investment and an up to $10 million asset-backed line-of-credit agreement through East West Bank’s Technology Banking Division.
Goodnight Midstream closed a $105 million syndicated revolver with a bank group led by ABN AMRO. Participants included Texas Capital, East West Bank and Cadence Bank.