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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Valley National Bank Enters New $85MM Senior Secured Revolver with Saratoga Investment Corp.
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Lenders/Participants
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Valley National Bank [Sole Lead Arranger, Administrative Agent]
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Structure
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Senior Secured Revolving Credit Facility
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Amount
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$85.000
Million
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Borrower(s)
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Saratoga Investment Corp.
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Description
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Facility replaces the Company’s existing $65 million senior secured revolving credit facility with Encina Lender Finance (the “Encina Facility”), previously scheduled to mature in January 2026.
Approximately $32.5 million of the total $85.0 million Valley Facility will be drawn at the time of closing, consistent with the outstanding balance under the Encina Facility, with the remaining $52.5 million available to provide incremental funding.
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Industry
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Lender Finance
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Location
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NY
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| Related Tags |
Saratoga Investment Corporation, Valley National Bank
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ABL Advisor
Deal Tables
2025
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