Carlyle Global Credit Leads Refinancing in Support of American Industrial Partners’ Portfolio Company Carlstar
July 12, 2022
Source: Carlyle Global Credit
Carlyle Global Credit is proud to have led the refinancing in support of American Industrial Partners’ portfolio company The Carlstar Group.
Founded in 1917, Carlstar is a market leading manufacturer of specialty tires and wheels with 7,500+ products that the Company sells to original equipment manufacturers (OEMs) and aftermarket customers.
Carlyle acted as administrative agent, sole lead arranger, and sole bookrunner on the $275 million Senior Secured Credit Facilities (Hybrid ABL/Cash Flow).
Financial terms of the transaction include portability provisions.
Learn more about Carlyle Global Credit's Global Credit platform: http://ow.ly/TV2B50JSQX5
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