The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
HSBC, NatWest Provide $125MM in Credit Facilities for IG Design Group
Lenders/Participants
|
HSBC Bank USA [Lender] NatWest Bank [Lender]
|
Structure
|
Asset-Based Revolving Credit Facility
|
Amount
|
$125.000
Million
|
Borrower(s)
|
IG Design Group plc
|
Description
|
The deal was spearheaded by HSBC USA, structured by HSBC USA’s Asset Based Lending team, and supported by HSBC UK, with the bank providing a total of $75 million in funding. The remaining $50 million was provided by NatWest. The new asset-based revolving credit facility will allow Design Group to support its working capital requirements throughout the year and meet customer demand around peak seasonal gifting times.
|
Industry
|
Consumer Products
|
Related Tags |
HSBC
|
ABL Advisor
Deal Tables
2025
|
|
|
|