The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Guggenheim Securities Arranges up to $500MM Credit Facility for Fintech LendingPoint
Thursday, September 21, 2017
|
Lenders/Participants
|
Guggenheim Securities, LLC [Arranger]
CBIZ MHM [Administrative Agent]
U.S. Bank [Note Agent, Paying Agent]
|
|
Structure
|
Credit Facility
|
|
Amount
|
$500.000
Million
|
|
Borrower(s)
|
LendingPoint
|
|
Description
|
Up to $500 million credit facility arranged by Guggenheim Securities. The company took down $138.5 million of the facility at the closing and on September 15, 2017, it took down an additional $32.7 million. LendingPoint intends to use the funds to fuel the growth of its consumer installment loan portfolio. Transaction details not disclosed.
|
|
Industry
|
Lender Finance
|
| Related Tags |
Guggenheim Securities, LendingPoint, U.S. Bank
|
ABL Advisor
Deal Tables
2024
|
|
|
|