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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Second Avenue Capital Partners Provides $75MM ABL Revolver to Allbirds
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Lenders/Participants
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Second Avenue Capital Partners [Lender]
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Structure
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Asset-Based Revolving Credit Facility
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Amount
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$75.000
Million
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Borrower(s)
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Allbirds
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Description
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A new $75 million asset-based revolving credit facility with Second Avenue Capital Partners, consisting of a $50 million tranche and a $25 million accordion feature. The new facility, which replaces the Company's previous $50 million revolving credit facility maturing in April 2026, has a maturity date of June 30, 2028 and is priced at SOFR plus 575 basis points.
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Industry
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Apparel
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| Related Tags |
Apparel Retailers, Second Avenue Capital Partners
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ABL Advisor
Deal Tables
2025
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