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Reich Brothers Funds Four Transactions in June

July 07, 2016, 07:53 AM

Reich Brothers Business Solutions announced it closed four transactions in the month of June. They are:

  • Agented a $3.0 million DIP facility for a bioenergy plant in Kansas as part of the ongoing restructuring efforts of a large multinational company;
  • Agented a $1.5 million sale-leaseback facility for a private-equity backed oilfield service company operating in Texas and New Mexico;
  • Funded $500,000 of a $1.0 million sale-leaseback financing for a mining services company based in West Virginia;
  • Funded $975,000 of a $4.25 million senior secured term loan facility for a packaging company in Texas.

Reich Brothers Business Solutions, the specialty finance arm of Reich Brothers, LLC, specializes in the financing of machinery, equipment and real estate assets in the industrial space for middle market and lower-middle market companies in the US and Canada.

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