East West Bank Provides $30MM Credit Facility to Pasadena Private Finance
Pasadena Private Finance closed on a $30 million senior credit facility with East West Bank. The facility has a maturity of three years, is priced at LIBOR/SOFR plus 3.25% and allows for up to a 65% advance rate on Pasadena Private Finance’s loan portfolio.
September 2, 2021
Andrew Stein | East West Bank | Iain Whyte | Michael McAdams | Pasadena Private Finance
Phil Neuffer