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Ares and WhiteHawk Provide US$103MM Credit Facility to Provider of Crane and Heavy Haul Services

August 17, 2021, 07:34 AM
Filed Under: Construction

Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services.

The senior facility was comprised of C$90 million (US$71.3 million) revolver provided by ACF and a C$40 million (US$31.7 million) term loan provided by WhiteHawk. The financing provides incremental financial flexibility to support the company’s future growth.

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