Wells Fargo Bank Provides $35MM Credit Facility and $7.5MM Term Loan to Broadwind

Broadwind completed a $35 million senior secured asset-based revolving loan facility and a $7.578 million senior secured term loan facility with Wells Fargo Bank as lender. The five-year facilities mature on Aug. 4, 2027 and replace the company’s existing credit facility. The proceeds of the facilities will be used for general corporate purposes, including strategic growth opportunities.