|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Encina Business Credit Provides $30MM Credit Facility for Coal Producer
Wednesday, December 4, 2019
|
Lenders/Participants
|
Encina Business Credit, LLC [Lender]
|
|
Structure
|
Senior Secured Credit Facility
|
|
Amount
|
$30.000
Million
|
|
Borrower(s)
|
Undisclosed
|
|
Description
|
The facility consists of a revolving line of credit based on accounts receivable and inventory. Loan proceeds will be used to provide a dividend and to support working capital, capex, and other corporate requirements. Transacction details not disclosed.
|
|
Industry
|
Energy
|
| Related Tags |
Encina Business Credit
|
ABL Advisor
Deal Tables
2024
|
|
|
|