- Kyte Secures $250M in Asset-Backed Debt with Barclays and Waterfall to Scale Fleet
- Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date
- Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
- Crystal Financial and Second Avenue Capital Partners Co-Agent a $40 Million Senior Secured Credit Facility for Jackrabbit
- Paragon 28 Announces New $150 Million Credit Facility Replacing Existing $90 Million Credit Facility
Huntington Business Credit Closes new $26,400,000 in Credit Facilities with Chandler Industries
December 11, 2019
Source: Huntington Business Credit
Huntington Business Credit announced it closed new $26,400,000 credit facilities with Chandler Industries, Inc. on November 4, 2019. Chandler Industries, Inc. is a portfolio investment of Arch Equity Partners located in St Louis, Missouri. Proceeds of the facilities were used to repurchase stock, provide for a dividend, refinance existing debt and ongoing working capital financing.
Huntington Business Credit provides working capital and term loan facilities to middle market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.
Chandler Industries, Inc., located in Minneapolis, Minnesota, is a multi-facility contract manufacturer specializing in precision machining, sheet metal fabrication, welding of high tolerance parts and complex components and assemblies.
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