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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
PNC Provides $26MM Facility to Aegis Chemical Solutions
Tuesday, December 12, 2017
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Lenders/Participants
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PNC Bank [Administrative Agent, Lender]
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Structure
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$20MM Revolver; $4MM T/L; $2MM CAPEX Line
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Amount
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$26.000
Million
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Borrower(s)
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Aegis Chemical Solutions LLC
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Description
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Company will use the funds to refinance existing senior bank debt, partially fund capital expenditures, and provide for ongoing working capital needs. The new facility consists of a $20 million revolving credit facility, a $4 million term loan, and a $2 million CAPEX line of credit. Products associated with the transaction include treasury management services. Transaction details not disclosed.
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Industry
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Chemicals
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Location
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TX
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| Related Tags |
PNC Bank
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ABL Advisor
Deal Tables
2025
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