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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Morton’s Restaurant Group Secures New Financing With Goldman Sachs
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Lenders/Participants
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Goldman Sachs [Lender]
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Structure
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$10MM Revolver & $60MM Term Loan
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Amount
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$70.000
Million
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Borrower(s)
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Morton’s Restaurant Group, Inc.
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Description
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The new facility replaces the company’s previous $70 million credit facility which was scheduled to mature in early 2011. The new facility includes a $60 million senior term loan and $10 million senior revolving credit facility and carries a short-term variable interest rate plus a leverage-based margin. The facility contains customary representations and warranties, and affirmative and negative covenants. The term loan and a portion of the revolver are being used to refinance the company’s borrowings outstanding under the previous credit facility.
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Industry
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Restaurant
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| Related Tags |
Goldman Sachs
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ABL Advisor
Deal Tables
2025
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