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SELECTED TRANSACTION DETAILS
Santander Bank Closes $250MM Asset-Based Revolver with Wind Turbine & Energy Cables Corp
Friday, September 15, 2023

Lenders/Participants Santander Bank [Administrative Agent, Joint Lead Arranger, Joint Bookrunner]
Structure Asset-Based Revolving Credit Facility
Amount $250.000 Million
Borrower(s) Wind Turbine & Energy Cables Corp.
Description This deal builds on WTEC’s $60 million asset-based revolving credit facility led by Santander in 2019, which ultimately grew to $150 million by mid-2022.
Industry Manufacturing
Location NJ
Related Tags Energy, Renewable Energy, Santander Bank