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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MidCap Financial Provides $85MM Senior Secured Credit Facility to Avison Young
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Lenders/Participants
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MidCap Financial [Lender]
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Structure
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Senior Secured Credit Facility
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Amount
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$85.000
Million
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Borrower(s)
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Avison Young
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Description
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The credit facility is part of a comprehensive financial recapitalization transaction. The transaction reinforces the Company’s financial foundation by reducing its financial obligations by more than half and securing additional capital to advance its strategic goals. Proceeds from the credit facility were used to refinance the Company’s existing credit facility and will support Avison Young’s ongoing working capital needs.
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Industry
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Real Estate
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| Related Tags |
Canada, Commercial Real Estate
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ABL Advisor
Deal Tables
2024
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