Forge/Die Cast Machines – $5,500,000
April 5, 2017
Acting as agent and arrangers, Utica helped a Missouri automotive die-casting company access funding for the acquisition of the company in a restructuring that allowed the incumbent bank to be repaid in full. Utica worked closely with its valued partners to provide the turnaround and acquisition financing in the form of a $5,500,00 capital lease based solely on the collateral value of the fixed assets.