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$30MM Subordinated Debt Transaction for Consumer Goods Company

Restructuring of credit facilities requires additional $30MM second lien instrument


Salt Lake City, Utah - October 21, 2022


In order to satisfy the liquidity ratios required to refinance the company's principal credit facilities, the refinancing provider requires Excend's client to provide an additional $30MM of liquidity--to be structured as second lien, subordinated debt.

Providing subordinated debt as a follow-on transaction to a core financing led by a leading global bank produces a financing opportunity with both strong credit worthiness and elevated returns on capital.


About Excend

Excend provides investment banking services to middle market organizations.

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