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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Third Eye Capital Provides $100MM in New Debt Financing to Aemetis
Wednesday, November 24, 2021
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Lenders/Participants
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Third Eye Capital [Lender]
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Structure
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Debt Financing Facility
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Amount
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$100.000
Million
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Borrower(s)
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Aemetis
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Description
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A non-binding term sheet and is working towards completing $100 million of new debt financing from Third Eye Capital of Toronto, Canada. The debt financing is expected to be comprised of $50 million for carbon reduction projects and $50 million for working capital. The base interest rate for the $50 million carbon reduction project financing will be 8% per year. The base interest rate for the $50 million of working capital financing will be 10% per year. Both credit facilities are expected to have availability provisions based on the qualified use of funds and other factors. Additional consideration to the lender will include customary fees for 500,000 warrants at a $20 per share exercise price.
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Industry
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Fuel & Petroleum
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| Related Tags |
Canada
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ABL Advisor
Deal Tables
2024
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