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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
BMO Leads $200MM Credit Facility Expansion, Extension for Willdan Group
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Lenders/Participants
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BMO Bank [Administrative Agent]
Bank of America [Joint Lead Arranger]
JPMorgan Chase Bank [Joint Lead Arranger]
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Structure
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$100MM Revolver; $50MM Term Loan; $50MM Delayed-draw Term Loan
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Amount
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$200.000
Million
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Borrower(s)
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Willdan Group
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Description
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he amended agreement increases potential borrowing from $150 million to $200 million and restructures the facilities to provide for a $100 million revolver, a $50 million term loan, and a $50 million delayed-draw term loan. The amended agreement extends the maturity date by five years to May 2030 and reduces the interest rate spread over the Secured Overnight Financing Rate (SOFR). A $75 million accordion feature remains in the agreement.
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Industry
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Infrastructure
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Location
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CA
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| Related Tags |
Bank of America, BMO, JPMorgan Chase Bank
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ABL Advisor
Deal Tables
2025
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