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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bibby Financial Services Provides $2.5MM ABL to Xylitol Canada Subsidiary
Thursday, August 25, 2016
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Lenders/Participants
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Bibby Financial Services [Lender]
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Structure
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Asset-Based Credit Facility
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Amount
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$2.500
Million
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Borrower(s)
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Xylitol USA, a subsidiary of Xylitol Canada Inc.
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Description
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An asset-based credit facility arrangement including an accounts receivable line of $2 million and an inventory line in the amount of US$500,000 with a letter of credit sub-limit of $500,000. Proceeds of the financing will be used for working capital and general corporate purposes. Transaction details not disclosed.
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Industry
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Consumer Products
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| Related Tags |
Bibby Financial Services, Canada
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ABL Advisor
Deal Tables
2024
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