Workout and Restructure of $90 Million Senior Credit Facility

GableGotwals represented the agent bank in connection with the workout and restructure of $90,000,000 syndicated senior credit facility consisting of a domestic term and revolving loans, an export-related revolving credit facility, and conduit bond issuance by a governmental development authority; restructure included the negotiation of a new senior credit facility, the sale of a controlling interest in the borrower to a newly-formed holding company owned by private equity investors, and issuance of subordinated notes to mezzanine lenders.