client_transactions

SSG Client Transactions

Title

Brandywine Compounding Company
Client Profile

Client Profile

Brandywine Compounding Company is a manufacturer of high-value plastic compounds (toll compounder) for major customers including Exxon and DuPont.
Situation

Situation

Brandywine sought to recapitalize its business in order to capitalize on internal growth opportunities.
Solution

Solution

SSG refinanced existing senior debt with a more aggressive senior lender and raised subordinated debt which enabled Brandywine to: 1) substantially increase its borrowing availability, 2) reduce its working capital revolver interest rate almost 500 basis points and secure a fixed rate term loan at an interest rate 4.24% lower than its previous senior term loan and 3) attract a highly successful, well-known venture capital firm as an investor and active Board of Directors member and repurchase shares held by minority investors.
October 1996
$5,300,000
Working Capital Revolver, Senior Term Loan, Capital Expenditure Line, Subordinated Debentures with Warrants
was provided to
Brandywine Compounding Company
The undersigned acted as Investment Banker to Brandywine Compounding Company
on this transaction.

Call to learn more

Call to learn more

If you would like to learn more about this transaction, or any of our transactions, call us today.

Philadelphia
(610) 940-1094

Contact by E-mail »

New York
(212) 786-7432

Contact by E-mail »