5-hour ENERGY, Innovation Ventures, LLC
Debt Capital Markets
Senior Secured Credit Facilities
|Client & Transactional Partners||5-hour ENERGY||Our Role||
Joint Lead Arranger
On June 28, 2019, KeyBanc Capital Markets (“KBCM”) successfully syndicated and closed on $750 million Senior Secured Credit Facilities for Innovation Ventures, LLC (“5-hour ENERGY” or the “Company”). The proceeds from the Senior Secured Credit Facilities, consisting of a $400 million Revolver and a $350 million Term Loan, were primarily used to refinance existing debt and provide liquidity to execute strategic initiatives. KBCM acted as Joint Lead Arranger, Joint Bookrunner, and Administrative Agent for the transaction. KBCM successfully led the syndication allowing the company to increase facility size by $100 million, reduce pricing and costs, and extend the maturity five years . This is KBCM’s third lead left transaction with 5-hour ENERGY since 2016.