Articles from The NORDAM Group LLC

The NORDAM Group LLC (“NORDAM” or the “Company”) announced it repaid the remaining outstanding principal amount of its Term Loan B issued on 9 April 2019. The instrument was refinanced by the issuance of a new $225mm private credit term loan, due 2031. The new term loan was provided by a group of lenders led by Crestline Investors, Inc. with Crestline Direct Finance, L.P. serving as the Administrative Agent. JPMorgan Chase Bank, N.A. and Huntington Business Credit, arranged the facility as Joint Lead Arrangers and Bookrunners. Additionally, the Company entered into a new $100mm ABL revolving credit facility, due 2030, provided by JPMorgan Chase Bank, N.A. and Huntington Business Credit.