Cases & Deals

Citizens Bank provides credit facility to craft brewery

Clients Citizens Bank, National Association

Jones Day represented Citizens Bank, National Association, as the left lead arranger and administrative agent, in connection with a secured credit facility provided to a craft brewery. The credit facility consisted of a term loan and a revolver. The proceeds of the term loan were used to fund an ESOP loan transaction and the proceeds of the revolver are to be used for working capital and general corporate purposes.