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Siena Lending Closes $58.1MM Credit Facility for Textile Manufacturer
Thursday, June 24, 2021

Lenders/Participants Siena Lending Group LLC [Lender]
Structure $50MM ABL Revolver; $8.1MM Term Loan
Amount $58.100 Million
Borrower(s) Undisclosed
Description A three-year asset based revolving credit facility. The facility consists of a $50MM Revolver and a $8.1MM Term Loan. The proceeds will be used to repay existing debt and provide the business with additional working capital to fund operations as they navigate out of the last remaining effects of the COVID-19 pandemic.
Industry Textiles
Related Tags Siena Lending Group

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