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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Crayhill Capital Management Provides $200MM Secured Receivables Financing Facility to Stenn Technologies
Friday, February 17, 2023
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Lenders/Participants
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Crayhill Capital Management LP [Lender]
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Structure
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Secured Receivables Financing Facility
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Amount
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$200.000
Million
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Borrower(s)
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Stenn Technologies
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Description
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The facility, which will initially be $200 million, expandable to up to $400 million, is collateralized by a diverse portfolio of high-quality, short-term trade receivables. Goldman Sachs provided a committed senior credit facility against the portfolio in the initial amount of $175 million. The senior financing facility from Goldman Sachs extends an existing facility it has provided to Stenn and Crayhill since December 2021 to finance portfolios of trade finance receivables.
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Industry
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Technology
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| Related Tags |
Crayhil Capital Management
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ABL Advisor
Deal Tables
2025
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