The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Cadence Bank Agents $100MM Revolving Credit Facility for Expedition Water Solutions
Thursday, November 14, 2019
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Lenders/Participants
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Cadence Bank [Lead Arranger, Administrative Agent]
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Structure
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Revolver Expansion
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Amount
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$100.000
Million
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Borrower(s)
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Expedition Water Solutions
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Description
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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.
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Industry
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Specialty Industries
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Location
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CO
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| Related Tags |
Cadence Bank
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