$250 Million in Working Capital Secured in Syndicated, Multi-National Financing
Client: Syndicate of International Lenders
Challenge: Complete Appraisal of Canadian Multi-National within Tight Timeframe
One of the largest producers of nonalcoholic beverages, branded soft drinks and non-carbonated drinks needed to amend its $250 million senior-secured credit facility. The company wanted to enter into a new agreement with a syndicate of major asset-based lenders. The money center bank leading the financing engaged AccuVal based on its depth of industry experience and ability to accurately appraise both machinery and inventory.
AccuVal Approach
Delivering an accurate appraisal within a very tight timeframe was critical to the company securing the important working capital. AccuVal not only delivered on time, but did so by effectively communicating with eight autonomous comptrollers in three countries, each having unique challenges providing the information needed to satisfy underlying requirements.
Bottom Line: Transaction Fully Funded; Reporting Requirements Satisfied
Effective communication across three countries and tireless attention to detailed records involving three reporting units concluded with a successful financing as well as a plan to monitor the market factors influencing asset values in the future.
The AccuVal AdVantage™
International expertise. Detailed knowledge of business assets. Integrated understanding of asset-based lending. Ability to produce results within tight time constraints. That's The AccuVal AdVantage™ at work.
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