C.J. Foods, Inc
|Deal Type||Debt Capital Markets|
Senior Secured Credit Facilities
|Client & Transactional Partners||
J.H. Whitney & Co.
Joint Lead Arranger
On September 15th, KeyBanc Capital Markets (“KBCM") successfully closed the syndication of $325 million Senior Secured Credit Facilities for C.J. Foods, Inc. (“CJF” or the “Company”). The facilities are comprised of a $40 million Revolving Credit Facility (the “Revolver”) and a $285 million Senior Secured Term Loan. Proceeds from the facilities will be used to support the Company’s acquisition of American Nutrition, Inc. (“ANI”), refinance existing indebtedness, support ongoing working capital needs, and pay transaction related fees and expenses. KBCM served as Joint Lead Arranger and Joint Bookrunner on the transaction.