|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Siena Lending Group Agents $350MM Senior Credit Facility for SkyWater Technology
Thursday, August 14, 2025
|
Lenders/Participants
|
Siena Lending Group LLC [Sole Lead Arranger]
Benefit Street Partners LLC [Lender]
Great Rock Capital [Lender]
Ares Commercial Finance [Lender]
|
|
Structure
|
Senior Secured Credit Facility
|
|
Amount
|
$350.000
Million
|
|
Borrower(s)
|
SkyWater Technology
|
|
Description
|
The credit facility, agented by Siena, has been used to support SkyWater in the acquisition of a 200mm semiconductor fabrication facility ("Fab 25") in Austin, Texas from Infineon Technologies AG, and defense applications. The new facility will also be used for working capital and capital expenditures and consists of a revolving line of credit secured by all assets of the business. Siena acted as the Sole Left Lead Arranger in the transaction and alongside funds managed by its partner, Benefit Street Partners, LLC, committed $212.5 million. In addition to Siena, the syndicate consists of Great Rock Capital, and Ares Commercial Finance.
|
|
Industry
|
Semiconductor
|
|
Location
|
TX
|
| Related Tags |
Ares Commercial Finance, Benefit Street Partners, Great Rock Capital, Siena Lending Group
|
ABL Advisor
Deal Tables
2025
|
|
|
|