Senior Lending
Swanson Health Products
Swanson Health Products
Lender
- First Lien Credit Facility
Swander Pace Capital
January 2016
Sponsors Holster Revolvers for Delayed-Draw Loans
NEW YORK, January 4, 2016 – I’ve discussed at length the development of revolving credit facilities. Corporate borrowers and private equity sponsors have continued to utilise this tool to maximise flexibility for acquisitions, dividend recaps and working capital. But during 2015 we’ve noted the increasing popularity of another weapon in an issuer’s financing arsenal: namely, the delayed-draw term loan (DDTL).
Vision Group Holdings
Vision Group Holdings
Lender
- First Lien Credit Facility
Audax Group
December 2015
Mold-Rite Plastics
Mold-Rite Plastics
Lender
- First Lien Credit Facility
Irving Place Capital
December 2015
Risk Strategies Company
Risk Strategies Company
Lender
- First Lien Credit Facility
Kelso Private Equity
December 2015