Great Western Dairy, LLC
Overview
Size |
$24 Million Revolving Line of Credit & Lease Guidance Line |
---|---|
Our Role |
Sole Lender |
Summary
KeyBank successfully closed senior secured credit facilities totaling $24 million and a full banking relationship with Great Western Dairy, LLC. Proceeds from the facilities were used to refinance existing debt and provide for the company's ongoing capital needs. KeyBank was the sole lender on the transaction.
Located in Ault, Colorado, Great Western Dairy is a multi-site, family-owned dairy company with over 8,000 cows in production. The company has two milking locations as well as crop farms to provide feedstuffs for the dairy cows. In addition to dairy production, the company produces green energy via a methane digester.
Banking products and services are offered by KeyBank National Association. All credit products are subject to collateral and/or credit approval, terms, conditions, and availability and subject to change.