Central Garden & Pet Company
|Deal Type||Asset-Based Lending|
Asset-Based Revolving Credit Facility
|Client & Transactional Partners||Central Garden & Pet Company||Our Role||
Joint Lead Arranger
On December 16, 2021, KeyBanc Capital Markets ("KBCM") and KeyBank Business Capital closed on the syndication of a $750 Million Asset-Based Revolving Credit Facility (the "ABL Revolver") for Central Garden & Pet Company (the "Company"). The Company plans to use the ABL Revolver proceeds to fund working capital, general corporate purposes and permitted acquisitions. KBCM acted as Joint Lead Arranger, Joint Bookrunner and Co-Syndication Agent on the transaction.