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SELECTED TRANSACTION DETAILS
MidCap Financial Provides $85MM Senior Secured Credit Facility to Avison Young
Wednesday, April 3, 2024

Lenders/Participants MidCap Financial [Lender]
Structure Senior Secured Credit Facility
Amount $85.000 Million
Borrower(s) Avison Young
Description 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.
Industry Real Estate
Related Tags Canada, Commercial Real Estate




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