| Tombstone Financing Details: Borrower: Specialty Logistics And Supply Chain Solutions Provider Refi Facility: Senior Secured Equipment Term Loan Equipment Facility Size: $35 Million Term Loan Pricing: LIBOR Plus Spread Use Of Proceeds: Refi Existing Debt Collateral: Machinery And Equipment Loan Covenants: Customary Covenants Required Substantial Referral Fee Paid: Yes Tombstone Narrative: Brampton Capital is pleased to announce its affiliate sourced a new facility to refinance the machinery and equipment of a specialty long and short haul carrier and supply chain solutions provider. The client was a mature company, with annual revenues in the hundreds of millions. The company desired to refinance its equipment to provide working capital in conjunction with separate contemporaneous new facilities for the client’s other asset classes, aggregating to an overall refinance in excess of $100 million. The new equipment term loan was a senior secured and LIBOR based facilty. The facility contained financial covenants concerning maximum senior and total leverage, interest and fixed charge coverage, and maximum capex expenditures. |