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East West Bank Agents $90MM Credit Facility for iGPS Logistics
Friday, November 15, 2019

Lenders/Participants East West Bank [Lead Arranger, Administrative Agent]
Structure Senior Secured Credit Facility
Amount $90.000 Million
Borrower(s) iGPS Logistics LLC
Description A three- year, $90 million senior secured credit facility, consisting of a i) $65 million asset based revolving line of credit, and ii) $25 million cash-flow term loan. The facilities will refinance the company’s existing senior debt and provide working capital to support growth. Transaction details not disclosed.
Industry Logistics
Location FL
Related Tags East West Bank

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