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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
UMB Bank Enters $120MM Senior Credit Facility with Orion Group Holdings
Wednesday, December 31, 2025
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Lenders/Participants
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UMB Bank [Lender]
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Structure
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Senior Credit Facility
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Amount
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$120.000
Million
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Borrower(s)
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Orion Group Holdings
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Description
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A new, five-year $120 million senior credit facility with UMB Bank. The $120 million UMB Credit Facility matures in December 2030 and is comprised of (i) a $60 million revolving line of credit, (ii) a $20 million equipment term loan facility, and (iii) a $40 million acquisition term loan facility. The Credit Facility also includes an additional $25 million uncommitted accordion to fund future growth. This facility refinances and replaces the Company’s previous $88 million credit agreement, which was scheduled to mature in May 2028. Borrowings under the new facility bear interest at the Company’s option at the Secured Overnight Financing Rate (SOFR) plus 2.5% to 3.0%, as determined based on the Company’s consolidated leverage, representing a reduction of approximately 225 basis points compared to the prior credit agreement. Proceeds will be used to repay outstanding borrowings of $23 million under the Company’s prior facility and for general corporate purposes.
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Industry
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Construction
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Location
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TX
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| Related Tags |
Orion Group Holdings, UMB Bank
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