Westlake Securities Secures Expanded Senior Credit Facility for SolvChem with Amegy Bank
Headquartered in
The expanded structure includes advancing term loans that fund the construction and equipping of new production capacity as the project progresses, alongside expanded revolving capacity to support the Company's continued organic growth.
"Expanding this facility was the natural next step in our growth plan. This commitment gives us the capital to keep investing in our capacity and our customers," said Jean-Pierre Baizán, CEO of SolvChem. "Westlake's understanding of our business and their expertise in project finance made this another smooth process from start to finish."
"Closing a second transaction with SolvChem, this time a multi-facility credit structure built around a significant capital project, says everything about the strength of our relationship with the Company and our commitment to serving our clients," said
For more information regarding this transaction or Westlake Securities' advisory services, please contact [email protected].
About SolvChem
SolvChem, Inc. is a leading diversified chemicals company headquartered in
About Amegy Bank
Amegy Bank, a division of Zions Bancorporation, N.A. (NASDAQ: ZION), is a leading
About Westlake Securities
Westlake Securities is an award-winning middle-market investment bank founded in 2003 and based in Austin, Texas. The firm has closed over $6.7B in transactions across mergers and acquisitions, private capital placements, and growth advisory for companies throughout the United States. To learn more, visit westlakesecurities.com. Securities and investment banking services are offered through FNEX Capital, LLC, member FINRA/SIPC. Westlake Securities is not affiliated with FNEX Capital.
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SOURCE WESTLAKE SECURITIES, LLC
