Twin-Med

Parameters

FILO Term Loan: $25.0MM

Situation

The Company engaged an advisor to run a process for a refinance of the existing bank revolver. On top of the refinance, the Company was looking for an incremental facility to provide more liquidity. The process was competitive with both bank and non-bank proposals.

Tiger’s Role

Tiger Finance was able to win the mandate by proposing a $25.0MM FILO Term Loan. The incremental capital behind the new revolving lender enhanced the Company’s liquidity position at the most efficient cost of capital.