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News Stories (17 Results) - Aerospace

White Oak Commercial Finance, LLC, an affiliate of White Oak Global Advisors, LLC, announced its Government Contracting Finance Division provided $4.5 million in factor and ABL-based credit facilities to three aerospace businesses providing... Read Story

September 16, 2020, 09:00 AM

Sterling National Bank’s Asset Based Lending Group provided senior secured credit facilities totaling $19,800,000 to Air Industries Group. The credit facilities will provide working capital and support for the company’s future growth.Founded in 1979... Read Story

January 15, 2020, 08:00 AM

Air Industries Group, an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors, announced that on December 31, 2019 it entered into a new 3-year, $19.8 million credit facility... Read Story

January 02, 2020, 08:55 AM

Kaman Corporation announced that it has closed on an amended and restated $800 million credit facility. The new credit facility amends and restates the Company’s prior credit facility to, among other things: (i) extend the maturity date to December... Read Story

December 16, 2019, 08:55 AM

Ares Commercial Finance announced that it has provided a senior secured revolving line of credit to Stevens Aerospace and Defense Systems LLC.  The company is owned by principals of the NTC Group, Inc.  Proceeds of the financing will be used to... Read Story

October 21, 2019, 08:50 AM

Sterling National Bank provided senior secured credit facilities totaling $6,288,000 to Astro-Tek Industries LLC. Established in 2006, Astro-Tek is a distinct precision tooling manufacturing company that primarily manufactures parts and equipment... Read Story

June 19, 2018, 07:09 AM

Antares Capital announced it is serving as administrative agent and sole lead arranger on a $73.5 million senior secured credit facility to support the recapitalization and growth initiatives of TurbineAero, Inc. by The Gores Group. Headquartered in... Read Story

March 28, 2018, 07:15 AM

Siena Lending Group LLC announced the completion of a $12 million revolving credit facility in conjunction with a $21 million term loan facility for PCX Aerostructures, LLC (PCX). The facilities were used to refinance the company's existing senior... Read Story

February 27, 2018, 07:19 AM

Wells Fargo Capital Finance UK Limited, part of Wells Fargo & Company, announced that it acted as the agent and lead arranger for an asset-based credit facility for Arlington Industries, the automotive and aerospace manufacturing company. Backed by... Read Story

May 26, 2017, 07:17 AM

Barings announced that it served as lead agent and provided mezzanine debt and an equity co-investment to support J.F. Lehman and Company (JFLCO) in its acquisition of BEI Precision Systems & Space Company, Inc.Headquartered in Maurmelle, Arkansas... Read Story

May 19, 2017, 07:32 AM

Cargojet Inc. announced that it had amended its syndicated banking facility to increase its revolving credit facility from $175 million to $200 million. Additionally, a 5-year term loan facility of up to $75 million was added that will be used to... Read Story

April 12, 2017, 07:06 AM

CIT Group Inc. announced that CIT Aerospace, Defense & Government Finance served as sole lead arranger in a $52 million senior secured credit facility to North American Rescue, LLC (NAR), the premier provider of survivability and casualty care... Read Story

November 11, 2016, 07:23 AM

Aerojet Rocketdyne Holdings, Inc. announced a major refinancing that will provide it with greater financial flexibility to execute its long-term strategic agenda and substantially reduce the company’s interest expense. Bank of America Merrill Lynch... Read Story

June 21, 2016, 07:50 AM

CPI Aerostructures, Inc. has entered into a $40.0 million amended and restated credit agreement that replaces its previous $35.0 million credit facility. BankUnited N.A. and Citizens Bank N.A. are lenders under the facility.The facility consists of a... Read Story

March 28, 2016, 08:10 AM

Liberty Hall Capital Partners announced the acquisition of Bromford Industries, a leading supplier of complex, close tolerance engine components, fabrications and assemblies and landing gear components for the global aerospace and power generation... Read Story

March 17, 2016, 07:54 AM

AloStar provided a $14 million loan to Aerospace Manufacturing Group (“AMG”), an aerospace and defense focused enterprise based in Huntington Beach, Calif.  AMG is a holding company of manufacturers specializing in the production and assembly of... Read Story

February 11, 2016, 07:55 AM

Antares Capital announced it is serving as administrative agent and lead arranger on a $145 million senior secured credit facility to support the acquisition of AIM Aerospace by Liberty Hall Capital Partners. Headquartered in Renton, WA and founded... Read Story

February 08, 2016, 08:03 AM