Uncaged Capital Closed on a $65 Million Term Loan Facility

SAN FRANCISCO - Aug. 30, 2024 - PRLog -- Uncaged Capital closed on a $65 million term loan facility for Clean Water LLC, a manufacturing firm in Statesboro, Georgia. The proceeds from this transaction will be utilized for general corporate purposes. "This new financing represents a significant opportunity to enhance our infrastructure in Georgia," said Trevor McLaren, CEO of  Clean Water LLC.

Rodriguez Sean, Chief Financial Officer added, "The $65 million debt facilities put us on a path to further reduce our cost of capital, while giving us access to additional liquidity to support profitable revenue growth. The term loan is also specifically optimized to fit into the anticipated structure of our previously disclosed potential debt option for accelerating the longer-term construction of our second manufacturing facility in Statesboro, Georgia.

Uncaged Capital Director James McDonough commented on the closing of this deal by stating, "Uncaged Capital is proud and excited to have been able to provide this term financing to an independent sponsor with deep industry knowledge and an experienced management team. This transaction exemplifies Uncaged Capital's long-standing commitment to Clean Water LLC  , you dream it and we fund it."

Website: https://www.uncagedcapital.net/
Email: info@uncagedcapital.net