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food distribution

Siena provides US$52.5m ABL facility backed by receivables, inventory...

Siena Lending Group has closed a US$52.5m asset-based credit facility for a US food distributor, using assets ranging from accounts receivable and inventory to equipment and real estate to maximise the liquidity available to the business. The committed revolving facility...

#accounts receivable#asset based lending#collateral

Sysco adds US$750m CoBank delayed-draw term loan for JRD...

Sysco has added a US$750m senior unsecured delayed-draw term loan to its financing package, giving the food distribution group another…

#acquisition finance#Bank of America#CoBank


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