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01-09-2023, 11:13 PM #1
- Join Date
- Jun 2020
- Location
- Missouri
- Posts
- 59
Short Term Bridge Loan of $91.5MM requested for Energy (oil) project
The client is seeking a 12 month, interest-only bridge loan of $91.5MM on two oil producing assets with an annual estimated EBITDA of $24MM. The assets will collateralize the bond. The clients have a $500MM bond commitment but it will not be issued until later in the year. The collateral will be held in separate, off-balance Special Purpose Vehicles, with 100% of the collateral in the SPV pledged to the lender. Full package available. No daisy chains, please.
Tom Harrier
Integrity Commercial Loans, LLC
broker@tomharrier.net
407-928-8542
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