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PNC Bank Provides Gray Line of Tennessee $14MM Revolver

September 17, 2013, 07:40 AM
Filed Under: Transportation
Related: PNC Bank

PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. today announced the closing of a $14 million asset based revolver for Gray Line of Tennessee. The company, which is based in Nashville, Tenn., is using the funds to refinance existing debt and to provide ongoing working capital.

Gray Line of Tennessee is a leading motorcoach company specializing in charter, shuttle and sightseeing services throughout the nation and parts of Canada.

The PNC Financial Services Group, Inc. is one of the nation’s largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

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