PROVIDENCE – Citizens Financial Group Inc. recently provided a $50 million credit facility to a North Carolina technology advisory firm, according to a news release.
The pre-approved loan to Crosslake Technologies includes a $25 million revolving line of credit and a $25 million term loan, which will be used to refinance debt and fund acquisitions.
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Citizens served as left lead arranger and administrative agent for the deal.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.
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