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PNC Bank

Greif cuts receivables facility to $200mn as working capital...

Packaging group Greif has amended its US receivables financing arrangements, reducing the facility size from $275mn to $200mn and replacing its previous agreement. The amended facility is secured by trade accounts receivable from several of the company’s US businesses, including...

#asset based lending#Greif#PNC Bank

Pyxus upsizes asset-based lending facility with PNC Bank

Pyxus International, Inc. (Pyxus), a global value-added agricultural company, has announced the amendment of its asset-based lending (ABL) credit facility…

#ABL facility#asset based lending#PNC Bank


NN, Inc. announces new ABL facility

NN, Inc., a global leader in engineering and manufacturing high-precision components and assemblies, has finaliseed an asset-based lending (ABL) agreement…

#ABL#NN#PNC Bank


Concrete Pumping Holdings expands ABL facility to US$350m

Concrete Pumping Holdings, Inc. ("the Company"), a leading provider of concrete pumping and concrete waste management services in the U.S.…

#ABL#asset based lending#Bank of America


PNC joins Wells Fargo and JPMorgan in ABL facility...

Concrete Pumping Holdings, Inc, a leading provider of concrete pumping and waste management services in the U.S. and U.K., announced…

#JPMorgan Chase#PNC Bank


Finacity and PNC Bank facilitate US$26.6m receivables securitisation solution

Finacity Corporation, a White Oak Company, (“Finacity”) and PNC Bank National Association... (more…)

#PNC Bank


PNC delivers US$135m ABL to mineral provider in Chapter...

PNC delivered a US$135m asset-based loan (ABL) to Covia in the company’s recent Chapter 11 emergence.As of emergence, San Francisco-based private…

#bank#innovation#investment


TAB Bank launches loan production office, promotes Horwitz &...

TAB Bank launched a Los Angeles loan production office (LPO) to... (more…)

#bank#cash-flow#CIT


PNC Bank Canada Branch announces ABL deal for building...

Facility to go towards US expansion for the Ontario-based Flynn Group (more…)

#acquisition#bank#management


Swank Inc. enters US$30 million credit agreement against receivables...

John Tulin, President of Swank, Inc. reported the net sales and operating results for the company's first quarter. Net sales…

#bank#interest#interest rate


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