The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
PNC Bank Provides $45MM Revolving Credit Facility to AVENUE Stores
Lenders/Participants
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PNC Bank [Lender]
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Structure
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Revolver
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Amount
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$45.000
Million
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Borrower(s)
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AVENUE Stores
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Description
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A new revolving credit facility was provided by PNC Bank, N.A., to retire AVENUE®’s existing term loan, which will fund ongoing liquidity and working capital needs and support the Company’s strategic plans. Transaction details not disclosed.
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Industry
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Retail
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Related Tags |
PNC Bank
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ABL Advisor
Deal Tables
2024
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