BMO Harris Bank’s Asset-Based Lending group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent for $54 million in senior credit facilities to Sipi Metals Corporation (“Sipi”).
Sipi Metals Corporation is a leading recycler of precious metals and producer of copper alloy products in Chicago. Sipi provides an economical and environmentally friendly end of life solution to a broad range of suppliers from electronics, mining, telecom, defense and medical industries, as well as aggregators or precious metal-bearing scrap.