FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Deal Tables / Deal List / Deal Details

The ABL Advisor Deal Tables

SELECTED TRANSACTION DETAILS
Zions Bancorporation Closes ~$7MM in ABL Credit Facilities with Co-Pack Manufacturer
Monday, January 22, 2024

Lenders/Participants Zions Bancorporation [Lender]
Structure $4MM Multi-Year Revolving Line of Credit; $3.0MM Term Loan
Amount $7.000 Million
Borrower(s) Undisclosed
Description Vectra Bank, closed and funded two loan facilities totaling $7,068,600 for a vertically integrated co-pack manufacturer of fire-roasted green chilis, jarred salsa and other southwestern foods. The two separate credit facilities consisted of a $4,000,000 multi-year revolving line of credit and a $3,068,600 term loan.
Industry Food Production - Processing
Related Tags Zions Bancorporation