We represented concrete supplier and manufacturer Smyrna Ready Mix Concrete in the refinancing of its senior credit facilities, with Bank of America as administrative agent. The new credit agreement provides for a $200 million term loan and a $40 million revolving credit facility, as well as an uncommitted $25 million accordion facility.
$265 Million Credit Facility Refinancing
$265 Million Credit Facility Refinancing
We represented concrete supplier and manufacturer Smyrna Ready Mix Concrete in the refinancing of its senior credit facilities, with Bank of America as administrative agent. The new credit agreement provides for a $200 million term loan and a $40 million revolving credit facility, as well as an uncommitted $25 million accordion facility.