Fundraise Apr 2011 Verified
Gibraltar Amends $200M Credit Agreement to Support D.S. Brown Acquisition
Gibraltar Industries and its subsidiary amended their Third Amended and Restated Credit Agreement with KeyBank and other lenders to modify borrowing base definitions and acquisition covenants. The amendment specifically accommodates the D.S. Brown Acquisition, allowing for up to $105 million in consideration and adjusting financial covenants.
“WHEREAS, Borrowers, Agent and the Lenders desire to amend the Credit Agreement to modify certain provisions thereof and add certain provisions thereto;”
Entities
BMO Capital Markets Financing, Inc. · Lender Gibraltar Industries, Inc. · Sponsor HSBC Bank USA, National Association · Lender JPMorgan Chase Bank, N.A. · Lender KeyBank National Association · Lender Manufacturers and Traders Trust Company · Lender
Other
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