FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Deal Tables / Deal List / Deal Details

The ABL Advisor Deal Tables

SELECTED TRANSACTION DETAILS
Cadence Bank Agents $100MM Revolving Credit Facility for Expedition Water Solutions
Thursday, November 14, 2019

Lenders/Participants Cadence Bank [Lead Arranger, Administrative Agent]
Structure Revolver Expansion
Amount $100.000 Million
Borrower(s) Expedition Water Solutions
Description Company expanded its revolving credit facility to $100 million. Cadence Bank ("Cadence") served as lead arranger and administrative agent. The increased facility will fund Expedition's continued pipeline and facilities growth initiatives to service long-term, contracted customers in the Denver-Julesburg, Green River and Powder River Basins. The syndicated bank group also includes UMB, First Horizon and Woodforest. Transaction details not disclosed.
Industry Specialty Industries
Location CO
Related Tags Cadence Bank