Seminole Tribe of Florida
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||Seminole Tribe of Florida||Our Role||Co-Documentation Agent|
On August 27, 2019, KeyBanc Capital Markets (“KBCM") successfully closed $2 billion of Senior Secured Credit Facilities for Seminole Tribe of Florida (“Seminole” or the “Tribe”), consisting of a $500 million Revolver, $692 million Term Loan A, $600 million Delayed Draw Term Loan, and $300 million Term Loan B (the “Credit Facilities”). Proceeds from the Credit Facilities will be used to refinance existing indebtedness, fund permitted construction and acquisition projects, other general corporate purposes, and pay fees and expenses related to the transaction. KBCM acted as Co-Documentation Agent on the transaction. KBCM was selected as Co-Documentation Agent due to its long-standing relationship with the Tribe, extensive industry knowledge and robust debt capital markets platform.