Americas

GA Telesis closes new $225 million syndicated ABL credit facility with oversubscription and tighter pricing

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GA Telesis closes new $225 million syndicated ABL credit facility with oversubscription and tighter pricing

GA Telesis has closed a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to overwhelming interest from existing and new banks, however, the company upsized the facil...

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