Infrastructure & Energy Alternatives, Inc.
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facility
|Client & Transactional Partners||Infrastructure & Energy Alternatives, Inc.||Our Role||
Joint Lead Arranger
Revolver Administrative Agent
On November 16, 2018, KeyBanc Capital Markets (“KBCM”) successfully closed the syndication of $350 million Senior Secured Credit Facilities for Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”). The facilities are comprised of a $50 million Revolving Credit Facility and a $300 million Term Loan B (collectively, the “Credit Facilities”). Proceeds from the Credit Facilities will be used to fund acquisitions, refinance existing indebtedness, ongoing working capital and general corporate purposes, and pay fees and expenses related to the transaction. KBCM was selected to serve as Joint Lead Arranger, Joint Bookrunner and Revolver Administrative Agent due to its Industrial & Business Services Investment Banking team's strong knowledge of IEA’s business and industry, long-standing relationship with the Company and corporate syndication capabilities.