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SELECTED TRANSACTION DETAILS
Bank of America Agents Credit Facility Upsize to $400MM for Montrose Environmental Group
Wednesday, February 21, 2024

Lenders/Participants Bank of America [Administrative Agent]
Capital One [Joint Lead Arranger]
JPMorgan Chase Bank [Joint Lead Arranger]
BMO Bank [Joint Lead Arranger]
U.S. Bank [Participant]
Wells Fargo Bank [Participant]
Structure $175MM Revolving Credit Facility; $225MM Term Loan
Amount $400.000 Million
Borrower(s) Montrose Environmental Group
Description Company upsized its senior secured credit Agreement to $400 million. The additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to the term loan. The Credit Facility will be available for working capital needs, growth initiatives and general corporate purposes. The interest rate and the term of the Credit Facility remain unchanged with a maturity date in April 2026.
Industry Environmental Services
Location AR
Related Tags Bank Lender, Bank of America, BMO Bank, Capital One, JPMorgan Chase Bank, U.S. Bank, Wells Fargo




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