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SELECTED TRANSACTION DETAILS
PNC Bank Provides $26.5MM to MAYCO Industries
Tuesday, January 6, 2015

Lenders/Participants PNC Bank [Lender]
Structure $17MM Revolver; $9.5MM Term Loan
Amount $26.500 Million
Borrower(s) MAYCO Industries, Inc.
Description The facility consisted of a $17 million asset-based revolver, a $9.5 million term loan and treasury management services. The company is using the funds for acquisition, growth and working capital needs. Transaction details not disclosed.
Industry Manufacturing
Location AL
Related Tags PNC Bank