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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Mountain Ridge Provides $25MM Revolving Credit Facility to S&W Seed Company
Tuesday, December 24, 2024
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Lenders/Participants
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Mountain Ridge Capital [Lender]
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Structure
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Revolving Credit Facility
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Amount
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$25.000
Million
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Borrower(s)
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S&W Seed Company
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Description
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A new $25 million revolving credit agreement with ABL OPCO LLC ("Mountain Ridge") which replaces an existing facility with CIBC Bank USA. In connection with the Company's entry into the Mountain Ridge credit agreement, MFP Partners L.P. ("MFP"), S&W Seed Company's largest shareholder, provided a letter of credit with a face amount equal to $13 million. The MFP letter of credit is being used as collateral to support S&W's obligations under the Mountain Ridge credit agreement providing the Company with borrowing base credit under the Mountain Ridge credit facility.
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Industry
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Agriculture
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Location
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CO
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| Related Tags |
Agriculture, Mountain Ridge Capital, Non-bank Lender
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ABL Advisor
Deal Tables
2024
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