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SELECTED TRANSACTION DETAILS
White Oak Commercial Finance Provides $120MM Senior Secured Credit Facility to Sauder Woodworking
Tuesday, October 1, 2024

Lenders/Participants White Oak Commercial Finance [Lender]
Structure Senior Secured Asset-Based Credit Facility
Amount $120.000 Million
Borrower(s) Sauder Woodworking
Description 3-year Senior Secured Credit Facility. The credit facility consists of a $120 million asset-based revolving line of credit funded by White Oak Commercial Finance. The borrowing base is supported by US and Canadian loan parties, and includes advances on eligible A/R, Inventory, M&E, and Real Estate. The proceeds were used to support the Company’s refinancing of its existing bank debt and support working capital growth.
Industry Wood Products
Location OH
Related Tags White Oak Commercial Finance