26
Sep
Houlihan Lokey is pleased to announce the successful placement of $140 million senior secured credit facility for AmeriMark Holdings, LLC, a catalog and e-commerce portfolio company of Prudential Capital Partners. The financing consisted of a $75 million ABL revolver and a $65 million senior secured term loan. Proceeds were used to refinance the company's existing indebtedness ahead of a maturity, as well as to pay related fees and expenses. The transaction closed on September 8, 2016.
Founded in 1969, AmeriMark...