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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Export-import Bank of the United States Provides $22.8MM Credit Agreement with Amaero
Thursday, February 27, 2025
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Lenders/Participants
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Export-import Bank of the United States [Lender]
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Structure
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Credit Agreement
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Amount
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$22.800
Million
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Borrower(s)
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Amaero International Limited
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Description
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Amaero has executed a credit agreement for a US$22.8 million loan from Export-Import Bank (EXIM). As EXIM has reduced capitalized fees it had intended to charge, the loan amount decreased from the originally announced US$23.5 million.
A fixed interest rate of 5.43% per annum was locked upon execution of the credit agreement. The total loan cost equals approximately 7.05% per annum over an 8-year term, providing an attractive and flexible funding source for Amaero. Following completion of the first tranche of the recent A$22 million capital raise, Amaero has satisfied a key condition precedent required prior to first draw of the EXIM loan.The Export-Import Bank loan was extended to wholly owned U.S. operating subsidiary Amaero Advanced Materials & Manufacturing providing additional flexibility. Amaero’s EXIM loan is the sixth Make More in America (MMIA) loan to be approved and the first MMIA loan that supports advanced materials and additive manufacturing, an important signal of U.S. government support to the capital markets and commercial customers.
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Industry
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Manufacturing
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Location
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TN
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ABL Advisor
Deal Tables
2025
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