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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Leads Revolver Upsize to $500MM for MGP Ingredients
Wednesday, April 30, 2025
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Lenders/Participants
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Wells Fargo Bank [Lead Lender]
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Structure
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Revolving Credit Facility Upsize
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Amount
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$500.000
Million
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Borrower(s)
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MGP Ingredients
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Description
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As part of the refinancing, MGP upsized its revolving credit facility from $400 million to $500 million and extended its maturity from 2026 to 2030, with unchanged applicable interest rates. The amended revolving credit facility includes an accordion feature, which increased in size from $100 million to $200 million and is subject to certain conditions. In addition, the company amended its note purchase and private shelf agreement to extend its shelf for issuing up to $250 million of senior secured promissory notes to 2028.
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Industry
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Spirits
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Location
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KS
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| Related Tags |
Spirits, Wells Fargo Bank
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ABL Advisor
Deal Tables
2025
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