White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) announced they have provided a US$67m ABL credit facility to a leading manufacturer of healthcare and food safety products.
The transaction includes a US$55m revolving credit facility and a US$12m fixed asset term loan. The funds will be primarily used to refinance existing debt and provide for working capital.