Cases & Deals

National City provides $80 million financing for LBO of elevator company and mechanical service company

Clients National City Bank

Jones Day advised National City Bank in connection with the $80.5 million secured financing, including a $66.5 million secured term loan facility, a $4 million delayed draw term loan facility, and a $10 million revolving loan facility with letter of credit and swingline sublimits, in connection with the leveraged buyout acquisition financing for an independent elevator company and a general mechanical services company.

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