The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Medley Capital Adds New Lenders to Credit Facility, Commitments Rise to $262.5MM
Tuesday, December 11, 2012
Lenders/Participants
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ING Capital [Lender/Arranger] Key Equipment Finance [Participant] City National Bank [Participant]
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Structure
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Revolver
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Amount
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$182.000
Million
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Borrower(s)
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Medley Capital Corporation
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Description
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The credit facility was arranged and led by ING Capital. Key Equipment Finance and City National Bank joined the lending group and committed $45 million and $15 million, respectively, to the facility.
ING also increased its commitment by $10 million and total commitments are $262.5 million, comprised of $182 million committed to the revolving credit facility and $80.5 million committed to the term loan facility. The credit facility provides for an aggregate accordion feature permitting subsequent increases to the credit facility up to an aggregate maximum amount of $300 million.
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Industry
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Investment Financing
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Related Tags |
City National Bank, ING Capital, Key Equipment Finance
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