Tempo Global Resources, LLC
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$300 Million Asset-Based Revolving Credit Facility |
| Client & Transactional Partners |
Tempo Global Resources, LLC |
| Our Role |
Administrative Agent Joint Bookrunner Joint Lead Arranger |
Summary
On March 14, 2022, KeyBanc Capital Markets (KBCM) and KeyBank Business Capital successfully closed on the syndication of a $300 million Asset-Based Revolving Credit Facility (the Revolver) for Tempo Global Resources, LLC (Tempo Global or the Company). The Revolver will be used to support working capital and for general corporate purposes. KBCM acted as Joint Lead Arranger, Joint Bookrunner and Administrative Agent on the transaction.
Headquartered in Homewood, IL, Tempo Global is a leading participant in the international trade of non-ferrous metals, principally focused on aluminum products including scrap, billet, wire rod, flat-rolled products, and primary & secondary alloys. The Company serves clients across a variety of supply chain and sourcing oriented solutions, and operates on a global basis, ensuring they can act as a market maker at all times.
