Eclipse Business Capital provided a $100 million senior secured ABL credit facility to a specialty chemical manufacturer.The credit facility is secured by accounts receivable and inventory. The transaction will provide the Company with ongoing...
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November 13, 2023, 08:00 AM
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Amerisource Business Capital closed and funded a $10,000,000 working capital facility for a Texas-based manufacturer and distributor of industrial chemicals. The proceeds were used to support the company’s ongoing growth. Randy Goeken, Market Manager...
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September 01, 2023, 08:00 AM
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Eclipse Business Capital provided a $200 million senior secured revolving credit facility to a leading provider of products to the Petrochemical Industry.The credit facility is secured by accounts receivable and inventory that will be used to support...
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January 09, 2023, 08:00 AM
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CIT, a division of First Citizens Bank, announced that its Sponsor Finance business served as lead arranger of debt financing to support SK Capital Partners’ investment in VanDeMark Chemical in partnership with existing co-owner Comvest Partners.HSBC...
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September 15, 2022, 07:25 AM
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White Oak Global Advisors acted as the lead arranger for a $130 million senior secured term loan to Trecora Resources ("Trecora"), a Texas-based provider of petrochemicals, petrochemical manufacturing products and specialty waxes. Proceeds from the...
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Tradewind Finance funded a rapidly-growing chemicals company based in India that manufactures solutions and dyes intended for a variety of applications, including pharmaceuticals, food processing, and personal care products. The funding is being used...
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Stepan Company entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility with a syndicate of banks. JPMorgan Chase Bank and BofA...
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Ares Commercial Finance provided a senior secured credit facility to MFG Chemical, LLC, a portfolio company of Platte River Equity. The credit facility consists of an asset based revolving line of credit and a term loan. Proceeds of the credit...
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Zions Bancorporation, through its Texas division, Amegy Bank of Texas, closed and funded an $10,000,000 credit facility for a manufacturer of oilfield chemicals. The credit facility consisted of a multi-year revolving line of credit. Proceeds of...
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January 28, 2022, 07:35 AM
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Eastman Chemical Company announced amendments to and extension of its $1.5 billion five-year unsecured revolving credit facility (the “Credit Agreement”). The amendments include extension of the term of the existing $1.5 billion unsecured revolving...
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December 06, 2021, 07:41 AM
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TAB Bank provided a chemical manufacturer in Texas with a $9 million asset-based credit facility comprised of a $6 million accounts receivable and inventory line plus a $2 million equipment loan with additional equipment funding available for future...
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August 03, 2021, 06:15 AM
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Atotech Limited closed on the refinancing of its senior secured credit facilities. In particular, five of its indirect wholly owned subsidiaries—Alpha 3 B.V., Alpha US BidCo, Inc., Atotech B.V., Atotech Deutschland GmbH and Atotech Asia Pacific...
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Amerisource Business Capital closed and funded a $6,500,000 credit facility for a chemical and additive manufacturer based in Texas. Proceeds of the facility were used to support the company’s continued growth. Doug Forbes, Regional Market Manager...
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August 06, 2020, 08:00 AM
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Capital One announced that it served as administrative agent and joint lead arranger on a senior secured unitranche facility to support Excellere Partners’ recapitalization in partnership with the founder and management of SePRO, a specialty chemical...
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Capital One announced that it served as administrative agent and joint lead arranger on a senior secured unitranche facility to support Excellere Partners’ recapitalization in partnership with the founder and management of SePRO, a specialty chemical...
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Entegris, Inc., a provider of specialty chemicals and advanced materials solutions for the microelectronics industry, announced that it has closed new senior secured credit facilities totaling $700.0 million and used a portion of the proceeds to...
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November 07, 2018, 08:15 AM
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Monroe Capital LLC announced it acted as sole capital provider on the funding of a $49.3 million credit facility and equity co-investment to support the acquisition of a specialty chemical platform by the private equity sponsor, Highland Avenue...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support MFG Chemical, LLC’s (MFG) acquisition of Gulf Bayport Chemicals LP (GBC). MFG is an existing portfolio company...
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Cerberus Capital Management, L.P. announced the completion of the previously announced acquisition of Cyanco Holding Corp. by a Cerberus affiliate from funds managed by Oaktree Capital Management, L.P. The transaction closed on March 16, 2018.Cyanco...
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Cerberus Capital Management, L.P. announced that an affiliate has entered into an agreement to acquire Cyanco Holding Corp. from funds managed by Oaktree Capital Management, L.P. Cyanco is the largest global producer of sodium cyanide, a critical...
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February 07, 2018, 07:00 AM
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PNC Bank, N.A., announced that it has closed a $26 million senior secured credit facility for Aegis Chemical Solutions, LLC (Aegis), a portfolio company of Houston–based Intervale Capital, LLC (Intervale). PNC Bank, N.A. (PNC), served as...
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December 12, 2017, 07:16 AM
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South African chemicals and energy company Sasol has signed a $3.9 billion five-year Revolving Credit Facility, an increase from its existing $1.5 billion Revolving Credit Facility, extended the maturity to five years, with the inclusion of two...
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November 27, 2017, 08:00 AM
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NXT Capital announced that it has provided a $42 million senior secured credit facility to support the refinancing of Aakash Chemicals and Dye-Stuffs, Inc., a portfolio company of CenterOak Partners LLC. NXT Capital acted as the Sole Lead Arranger...
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Global chemical mergers and acquisitions (M&A) activity is expected to increase in 2017, but geopolitical factors, such as protectionism, could pose a challenge to achieving the levels of record activity the industry experienced in 2015 and 2016...
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Innospec, Inc. has successfully closed on an amendment to its multi-currency revolving credit agreement with a group of lenders, comprising Barclays Bank PLC, Credit Suisse AG, Lloyds Bank plc, The Royal Bank of Scotland plc, U.S. Bank National...
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November 10, 2015, 07:33 AM
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CIT Sponsor Finance provided senior secured credit financing to Altamont Capital Partners (ACP) and Douglas Products, LLC (Douglas) to acquire the Vikane and ProFume businesses from Dow AgroSciences (a subsidiary of The Dow Chemical Company). ACP is...
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August 06, 2015, 07:59 AM
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Univar Inc. announced today that Univar and certain of its wholly-owned subsidiaries have entered into a new credit agreement with Bank of America, N.A., as U.S. administrative agent, Bank of America, N.A. (acting through its Canada branch), as...
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IDEX Corporation announced it has closed a new five year, $700 million senior revolving credit facility. The facility was financed through a syndication of 10 financial institutions, co–led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells...
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Deloitte Corporate Finance acted as exclusive financial advisor to Key Chemical, Inc., a leading distributor of specialty and commodity chemicals in the United States, in its sale to Univar, Inc., a leading distributor of basic chemicals, specialty...
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Methanex Corporation has renewed its $400 million revolving credit facility with a syndicate of banks. The renewed facility expires in December 2019 and replaces the company's existing revolving facility, which would have expired in December 2016....
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December 12, 2014, 07:49 AM
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KMG Chemicals, Inc. a global provider of specialty chemicals in select markets, announced that it has replaced its existing credit facility with Wells Fargo Bank, N.A. and Bank of America, N.A., and entered into a new revolving credit facility with...
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October 10, 2014, 07:13 AM
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Zep Inc. announced that it successfully refinanced its credit facility consisting of a new $75 million term loan and a $250 million revolving loan maturing in August 2019. According to an 8-K filing, Bank of America is serving as adminstrative agent ...
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August 27, 2014, 09:36 AM
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Innospec Inc. has added a new bank to its existing credit facilities agreement and increased its borrowing capacity under the facilities to $200 million.U.S. Bank has joined the existing banking group supporting Innospec, and is providing an...
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August 01, 2014, 07:08 AM
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Rentech Nitrogen Partners, L.P. has entered into a $50 million revolving credit facility with GE Capital, Corporate Finance. The partnership plans to use the credit facility to fund growth projects. The facility will also be available, if needed, for...
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Westlake Chemical Corporation announced the completion of a third amendment and restatement of its $400 million revolving credit agreement, thereby extending the maturity to 2019, reducing interest costs, and increasing financial...
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NXT Capital announced that it has provided a $40 million senior secured facility to fund CI Capital Partners and Management’s recapitalization of Maroon, Inc., which has changed its name to Maroon Group LLC. NXT Capital was the sole lead arranger...
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Olin Corporation announced has entered into new $415 million five-year senior credit facilities consisting of a revolving credit facility that replaces its $265 million senior revolving credit facility and a delayed-draw term loan facility that will...
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Gevo, Inc. announced the closing of a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures.The aggregate proceeds from the term loan are $25.9 million with...
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GA Capital, a division of Great American Group, Inc., has closed a $35 million senior secured global financing facility consisting of a $22.5 million term loan and a $12.5 million revolving line of credit for Reichhold.
"Reichhold is a leading...
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February 05, 2014, 07:31 AM
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First Capital, a national commercial finance company, announced it has provided a $10 million Accounts Receivable Purchase Facility to the U.S.subsidiary of a global manufacturer of specialty chemicals. The facility is in the form of a...
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October 23, 2013, 07:17 AM
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