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SELECTED TRANSACTION DETAILS
Pathlight Joins $330MM Syndicated Credit Facility for Propel Holdings
Monday, November 18, 2024

Lenders/Participants Pathlight Capital LLC [Lender]
Hudson Cove Capital Management [Lender]
Bastion Management [Lender]
Structure Syndicated Credit Facility
Amount $330.000 Million
Borrower(s) Propel Holdings Inc.
Description Proceeds from the facilities will be used to support continued growth in CreditFresh's loan portfolio. The credit facility continues to be led by Bastion Management and affiliates thereof (“Bastion”) and Hudson Cove Capital Management, LLC and affiliates thereof.
Industry FinTech
Related Tags Bastion Management, Hudson Cove Capital Management, Non-bank Lender, Pathlight Capital