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Zions Bancorporation Closes $10MM Asset-Based Credit Facility with Chemical Manufacturer

Date: Jan 28, 2022 @ 07:35 AM
Filed Under: Chemicals

Zions Bancorporation, through its Texas division, Amegy Bank of Texas, closed and funded an $10,000,000 credit facility for a manufacturer of oilfield chemicals. The credit facility consisted of a multi-year revolving line of credit.   
 
Proceeds of the credit facility were used to provide ongoing working capital needs.

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