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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Silver Point Finance Enters $450MM First Lien Credit Facility with Gopher Resource
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Lenders/Participants
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Silver Point Finance [Administrative Agent, Collateral Agent, Lead Lender]
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Structure
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First Lien Credit Facility: $420MM Term Loan & $30MM Revolving Credit Facility
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Amount
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$450.000
Million
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Borrower(s)
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Gopher Resource
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Description
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A new $450 million first lien credit facility, comprised of a $30 million revolving credit facility and a $420 million term loan. The proceeds of the new debt financing, along with additional equity investment from ECP, will be used to refinance the Company’s existing term loan maturing in 2025. This refinancing transaction provides Gopher Resource with significant runway to capitalize on ongoing operational initiatives to drive long-term growth.
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Industry
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Environmental Services
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Location
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MN
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| Related Tags |
Environmental, Silver Point Finance
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ABL Advisor
Deal Tables
2024
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