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Wells Fargo Provides New $35MM Credit Facility to Broadwind

August 09, 2022, 07:00 AM
Filed Under: Manufacturing
Related: Wells Fargo Bank

Broadwind completed a $35 million senior secured asset-based revolving loan facility and a $7.578 million senior secured term loan facility with Wells Fargo Bank as lender. The five year facilities mature on August 4, 2027 and replace the Company’s existing credit facility. The proceeds of the facilities will be used for general corporate purposes, including strategic growth opportunities.

Broadwind is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker, easier and smarter.

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