The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Eclipse Business Capital Provides $125MM DIP Revolving Credit Facility to Mattress Manufacturer
Wednesday, February 8, 2023
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Lenders/Participants
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Eclipse Business Capital [Lender]
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Structure
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Debtor-in-Possession Facility
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Amount
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$125.000
Million
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Borrower(s)
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Undisclosed
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Description
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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.
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Industry
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Manufacturing
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| Related Tags |
Eclipse Business Capital
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ABL Advisor
Deal Tables
2023
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