FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Mountain Ridge Capital Provides $15MM Credit Facility to Consumer Beverage Company

December 18, 2023, 07:54 AM
Filed Under: Beverages

Mountain Ridge Capital (MRC) closed a $15 million senior secured credit facility for a category-leading international consumer beverage company. MRC’s facility was used to refinance the debt of a national commercial bank and will be used going forward to achieve company growth and operational objectives.  The incremental liquidity and structural flexibility MRC were able to provide up and above the prior debt arrangement was a crucial value-add for the borrower.

Trevor Courtney, Vice President at MRC stated, “Our Mountain Ridge team was able to provide liquidity to the company in a thoughtful structure that refinances their existing line of credit and supports the continued growth of this already rapidly growing company.  It is exciting to be a part of the company’s story as their products become increasingly visible on store shelves around the world.”

Hum Capital served as investment bank/advisor on this transaction.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.