FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Deal Tables / Deal List / Deal Details

The ABL Advisor Deal Tables

SELECTED TRANSACTION DETAILS
East West Bank Agents New $130MM Revolver for Wedbush Securities
Tuesday, June 30, 2020

Lenders/Participants East West Bank [Lender]
Structure Senior Unsecured Revolver
Amount $130.000 Million
Borrower(s) Wedbush Securities Inc.
Description A 2-year $130 million senior unsecured revolving line of credit. The new facility refinances an existing $85 million revolving facility. Similar to the existing facility, proceeds of the new facility will be used by Wedbush to finance short term working capital and liquidity needs.
Industry Investment Financing
Location CA
Related Tags East West Bank