Central Garden & Pet Company
Overview
| Deal Type |
Asset Based Lending |
|---|---|
| Size |
$750 Million Asset-Based Revolving Credit Facility |
| Client & Transactional Partners |
Central Garden & Pet Company |
| Our Role |
Joint Lead Arranger Joint Bookrunner Co-Syndication Agent |
Summary
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.
