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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
KeyBank, National Bank of Canada, CIBC Provide $247MM in Financing to BlueWave
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Lenders/Participants
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KeyBank [Lender]
National Bank of Canada [Lender]
Canadian Imperial Bank of Commerce [Lender]
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Structure
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$125MM Term Loan; $122MM Reolver
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Amount
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$247.000
Million
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Borrower(s)
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BlueWave
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Description
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The $125 million revolving construction to term loan facility led by KeyBank and National Bank of Canada will provide construction debt, including tax equity bridge loans, and initial term debt via a revolving facility that will enable BlueWave to flexibly deploy its pipeline as projects enter construction.
In addition to the revolving construction to term loan facility, a corporate revolving credit facility for $122 million financed by KeyBank and Canadian Imperial Bank of Commerce, the New York branch, was also arranged to support the continued growth of BlueWave's project development pipeline and provide additional flexibility in the company's operations.
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Industry
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Energy
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| Related Tags |
Canadian Imperial Bank of Commerce, KeyBank, National Bank of Canada
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ABL Advisor
Deal Tables
2025
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