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The ABL Advisor Deal Tables

Bank of America Agents $150MM LOC for Gibraltar Business Capital
Thursday, May 13, 2021

Lenders/Participants Bank of America [Agent]
Truist Bank [Lender]
People's United Bank [Lender]
Structure Senior Line of Credit
Amount $150.000 Million
Borrower(s) Gibraltar Business Finance
Description The line of credit provides Gibraltar the necessary capacity to serve its growing portfolio of lower mid-market businesses seeking flexible, reliable financing while they solve short-term challenges or seize growth opportunities. The $150MM line of credit includes added flexibility through an accordion feature that allows for GBC to access up to $200MM.
Industry Lender Finance
Related Tags Bank of America, Gibraltar Business Capital, Peoples United Bank, Private Equity, Truist Bank

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