Team Reveals Debt Refinancing, New Equity Investment
Team, Inc. (NYSE:TISI) revealed a series of transactions in its effort to refinance capital structure. The company replaced its current $150 million ABL facility dated December 18, 2020, with a new $165 million ABL credit facility. The new facility consists of a $130 million revolving credit facility provided by Eclipse Business Capital,…
Benzinga ·