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
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Guggenheim Securities, LLC [Arranger] CBIZ MHM [Administrative Agent] U.S. Bank [Note Agent, Paying Agent]
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Structure
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Credit Facility
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Amount
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$500.000
Million
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Borrower(s)
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LendingPoint
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Description
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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.
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Industry
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Lender Finance
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Related Tags |
Guggenheim Securities, LendingPoint, U.S. Bank
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ABL Advisor
Deal Tables
2024
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