The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
East West Bank Agents $90MM Credit Facility for iGPS Logistics
Friday, November 15, 2019
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Lenders/Participants
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East West Bank [Lead Arranger, Administrative Agent]
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Structure
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Senior Secured Credit Facility
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Amount
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$90.000
Million
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Borrower(s)
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iGPS Logistics LLC
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Description
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A three- year, $90 million senior secured credit facility, consisting of a i) $65 million asset based revolving line of credit, and ii) $25 million cash-flow term loan. The facilities will refinance the company’s existing senior debt and provide working capital to support growth. Transaction details not disclosed.
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Industry
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Logistics
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Location
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FL
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| Related Tags |
East West Bank
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ABL Advisor
Deal Tables
2024
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