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Photo of Representation of Banking Client in a Syndicated $100 Million Asset-Based Loan Facility to a Major Clothing Designer
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Representation of Banking Client in a Syndicated $100 Million Asset-Based Loan Facility to a Major Clothing Designer

Hodgson Russ represented a banking client as the agent bank in a syndicated $100 million asset-based loan facility to a major clothing designer. The transaction represented a refinancing of an existing facility that allowed for the increase in maximum availability, which was secured by intellectual property.