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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
JPMorgan Chase Bank, Others Arrange $1.265B in Senior Credit Facilities for Knife River
Wednesday, March 12, 2025
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Lenders/Participants
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JPMorgan Chase Bank [Arranger]
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Structure
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$265MM Term Loan; $500MM Revolving Credit Facility; $500MM Term Loan B
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Amount
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$1.265
Billion
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Borrower(s)
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Knife River Corporation
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Description
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The senior credit facilities consist of a $265 million term loan A facility, a $500 million revolving credit facility and a $500 million term loan B facility. Knife River used a portion of the proceeds of the term loan B facility to consummate the previously announced acquisition of Strata Corporation and related assets.
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Industry
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Construction Supply
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Location
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ND
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| Related Tags |
JPMorgan Chase Bank
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ABL Advisor
Deal Tables
2025
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