The PrivateBank Provides $20MM Facility to ArmorWorks
The PrivateBank extended a $20 million credit facility to ArmorWorks Enterprises.
The PrivateBank extended a $20 million credit facility to ArmorWorks Enterprises.
The PrivateBank extended $13 million in credit facilities to Ashland Foundry and Machine Works and West Coast Foundry.
AloStar provided additional senior capital to FLOCK Specialty Finance as part of a major upgrade to its senior revolving credit facility agented by The PrivateBank.
Roadrunner Transportation Systems reached an agreement with its lender group on an interim credit-facility amendment, which provides additional working capital loans and a forbearance provision, while working toward a long-term loan amendment.
Great Lakes Dredge & Dock closed on a $250 million three-year revolving credit facility. PNC Bank acted as administrative agent and issuing lender.
The PrivateBank provided a $9.125 million credit facility to City Wholesale.
Broadwind Energy closed on a new three-year $20 million asset-based credit line with The PrivateBank.
Paul Oris joined The PrivateBank’s Asset-based Lending division as a managing director in its Pittsburgh office.
Loren Willet and Lisa Adams joined the PrivateBank as managing directors and relationship managers, delivering asset-based lending solutions to its middle market clients.
IntriCon increased its term loan to $6 million and its revolver to $9 million with The PrivateBank.