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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Goldman Sachs Closes $150MM Revolving Asset-backed Warehouse Facility for MPOWER
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Lenders/Participants
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Goldman Sachs [Lender]
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Structure
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Revolving Asset-backed Warehouse Facility
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Amount
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$150.000
Million
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Borrower(s)
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MPOWER Financing
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Description
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The funding will be used to expand MPOWER's rapidly growing portfolio of student loans issued to international and DACA students attending one of 400+ leading colleges and universities across the U.S. and Canada. This financing facility accompanies another financing facility which MPOWER closed with Deutsche Bank AG, New York Branch in 2022. Additionally, in 2021 the company raised $100 million in equity capital from a consortium of investors, including Tilden Park Capital Management and King Street Capital Management.
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Industry
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Lender Finance
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Location
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DC
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| Related Tags |
Goldman Sachs
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ABL Advisor
Deal Tables
2025
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