The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
KeyBank Agents $95MM Revolving Credit Facility for Westwood Financial
Lenders/Participants
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KeyBank [Administrative Agent, Lead Arranger] Mizuho Bank [Participant] City National Bank [Participant] First Financial Bank [Participant]
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Structure
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Revolving Credit Facility
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Amount
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$95.000
Million
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Borrower(s)
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Westwood Financial
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Description
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The inaugural facility matures in December 2022, with two, one-year extension options thereafter. Based upon the leverage levels at closing, the interest rate under the revolving facility is LIBOR plus 185 basis points. The facility also has an accordion feature that allows for borrowing capacity of up to $300 million.
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Industry
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Real Estate
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Related Tags |
City National Bank, First Financial Bank, KeyBank, Mizuho Bank
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ABL Advisor
Deal Tables
2025
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