|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
CIT Closes CIT Closes Asset-Based Credit Facility Up to $145MM for Commercial Finance Company
Thursday, February 18, 2021
|
Lenders/Participants
|
CIT Group [Arranger, Lender]
|
|
Structure
|
$80MM Revolver with $65MM Accordion
|
|
Amount
|
$145.000
Million
|
|
Borrower(s)
|
Undisclosed
|
|
Description
|
The transaction includes a revolving credit facility of $80 million with an accordion feature for up to $65 million more. Transaction details not disclosed.
|
|
Industry
|
Lender Finance
|
| Related Tags |
CIT Group
|
ABL Advisor
Deal Tables
2024
|
|
|
|