Cases & Deals

JPMorgan Chase provides financing to beef distributor

Clients JPMorgan Chase Bank, N.A.

Jones Day represented JPMorgan Chase Bank, N.A. in connection with the $95 million secured asset based revolving credit facility for a distributor of beef and other meat products. The revolving credit facility is subject to a borrowing base which includes inventory, including "on the water" in-transit inventory, and receivables.