|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Pathlight Capital Increases Term Loan Facility for B. Riley Receivables II, LLC to $198.7MM
|
Lenders/Participants
|
Pathlight Capital LLC [Administrative Agent]
|
|
Structure
|
$78.3MM Senior Secured Term Loan Upsize
|
|
Amount
|
$198.700
Million
|
|
Borrower(s)
|
Subsidiary of B. Riley Financial, Inc.
|
|
Description
|
The closing of a $78.3MM upsize to the existing senior secured term loan credit facility to an SPV majority owned by a subsidiary of B. Riley Financial, Inc. to support an incremental purchase of a portfolio of performing receivables from W.S. Badcock Corporation. The closing of the Upsize Facility on January 12, 2023, results in a $198.7MM total Credit Facility.
|
|
Industry
|
Retail
|
| Related Tags |
B. Riley Financial, Pathlight Capital
|
ABL Advisor
Deal Tables
2025
|
|
|
|