Cases & Deals

Large financial institution provides $275 million senior secured credit facility to dynamic distribution and manufacturing company

Client(s) Large financial institution

Jones Day represented a large financial institution, as administrative agent and lead arranger, in connection with senior secured credit facilities in the aggregate amount of $275 million provided to a large multi-divisional distribution and manufacturing company supporting the food service industry, comprised of a $150 million revolving credit facility and a $125 million delayed draw term loan facility. The proceeds of the credit facilities were used to refinance existing indebtedness, and for general corporate purposes.