Corcentric secures new ABL and term loan facility amounting US$315m
Corcentric, a leading global provider of procurement and finance solutions, has announced it secured a new US$315m senior credit facility. The capital raise consists of a US$250m senior secured asset-based loan (ABL) revolver from Bank of America and JPMorgan Chase & Co. and a US$65m term loan from TCW Private Credit Group.
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Posted on Jun 14, 2023 Region: USA
asset based lending Corcentric, Bank of America, JPMorgan Chase & Co, TCW Private Credit Group
