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Huntington Business Credit Closes $45MM Credit Facility with SDB Trade International

March 20, 2024, 07:53 AM
Filed Under: Steel

Huntington Business Credit closed a $45,000,000 new credit facility with SDB Trade International, LLC on February 16, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.

SDB Trade International, LLC, headquartered in Houston, Texas, is a distributor of steel products including carbon and stainless-steel pipe, couplings, investment castings, stainless wire, structural steel, and aluminum.
Huntington Business Credit provides working capital and term loan facilities to large corporate and middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.

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