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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Mountain Ridge Capital Provides $25MM Credit Facility to Precision Machining Company
Tuesday, October 22, 2024
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Lenders/Participants
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Mountain Ridge Capital [Lender]
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Structure
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Senior Secured Credit Facility
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Amount
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$25.000
Million
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Borrower(s)
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Precision Machining Company
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Description
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The MRC facility refinanced the debt of another lender; the proceeds will be used to assist the Borrower’s management team in reaching its growth and operational objectives. The enhanced credit package from MRC provides additional liquidity and structural flexibility which will aid the Company in managing its cash needs.
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Industry
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Manufacturing
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| Related Tags |
Mountain Ridge Capital
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ABL Advisor
Deal Tables
2024
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