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Eclipse Business Capital Provides $125MM DIP Revolving Credit Facility to Mattress Manufacturer
Wednesday, February 8, 2023

Lenders/Participants Eclipse Business Capital [Lender]
Structure Debtor-in-Possession Facility
Amount $125.000 Million
Borrower(s) Undisclosed
Description The credit facility is secured by accounts receivable and inventory. The transaction facilitates a restructuring with existing lenders to de-lever and provide runway for a long-term business plan execution.
Industry Manufacturing
Related Tags Eclipse Business Capital

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