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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Siena Lending Closes $58.1MM Credit Facility for Textile Manufacturer
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Lenders/Participants
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Siena Lending Group LLC [Lender]
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Structure
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$50MM ABL Revolver; $8.1MM Term Loan
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Amount
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$58.100
Million
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Borrower(s)
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Undisclosed
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Description
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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.
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Industry
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Textiles
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| Related Tags |
Siena Lending Group
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ABL Advisor
Deal Tables
2024
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