|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Bank of America Agents Lumber Liquidators' Credit Facility Increase to $150MM
|
Lenders/Participants
|
Bank of America [Administrative Agent, Collateral Agent]
Wells Fargo Bank [Syndication Agent]
|
|
Structure
|
Revolver Amendment; Increase
|
|
Amount
|
$150.000
Million
|
|
Borrower(s)
|
Lumber Liquidators Holdings, Inc.
|
|
Description
|
Third amended and restated Credit Agreement. The Credit Agreement amended and restated the Second Amended and Restated Revolving Credit Agreement that was entered into among the Borrowers and the Bank, as lender, administrative agent and collateral agent on April 24, 2015 (the “ Existing Revolver ”). Under the Credit Agreement, the Agent and the Lenders increased the maximum amount of borrowings under the revolving credit facility (the “ Revolving Credit Facility ”) from $100 million under the Existing Revolver to $150 million (but subject to the borrowing base described below). The Borrowers also have the option to increase the Revolving Credit Facility up to a maximum total amount of $200 million subject to the satisfaction of the conditions to such increase specified in the Credit Agreement.
|
|
Industry
|
Retail
|
| Related Tags |
Bank of America, Wells Fargo Bank
|
ABL Advisor
Deal Tables
2025
|
|
|
|