KeyBank Upsizes Gladstone Credit Facility to $200MM
Gladstone Investment amended its credit facility led by KeyBank as administrative agent, swingline lender, managing agent and lead arranger.
Gladstone Investment amended its credit facility led by KeyBank as administrative agent, swingline lender, managing agent and lead arranger.
Citizens Commercial Banking provided $23 million in credit to help fund the merger of Wolfeboro, NH-based GI Plastek and Myrtle Beach, SC-based Precision Southeast to create PSI Molded Plastics.
Gladstone Investment reduced its credit facility from $185 million to $165 million. KeyBank served as administrative agent for a group of lenders including Alostar Bank of Commerce, M & T Trust, East West Bank, Chemical Bank and Customers Bank.
Gladstone Investment announced that it increased its line of credit borrowing capacity to $105 million. Key Equipment Finance served as administrative agent, lead arranger and a lender.
Gladstone Investment and Pegasus Capital provided $17.7 million in support of the acquisition of Jackrabbit and its sister company, Dakota Ag Welding.