The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
East West Bank Agents New $130MM Revolver for Wedbush Securities
Lenders/Participants
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East West Bank [Lender]
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Structure
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Senior Unsecured Revolver
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Amount
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$130.000
Million
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Borrower(s)
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Wedbush Securities Inc.
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Description
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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.
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Industry
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Investment Financing
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Location
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CA
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Related Tags |
East West Bank
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ABL Advisor
Deal Tables
2024
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