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MidCap Financial Provides $60MM Credit Facility to Celadon Group

August 08, 2019, 08:50 AM
Filed Under: Trucking
Related: MidCap Financial

MidCap Financial announced it has provided a $60 million senior revolving credit facility to Celadon Group, Inc., a North American transportation company that provides full-truckload freight services across the United States, Canada, and Mexico.

The MidCap credit facility, in conjunction with Celadon's new term loans, refinanced the company's prior credit facility to facilitate the company's long-term growth and provide for the company's working capital needs.

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