Goldberg Kohn Advises TCW Asset Management on $100M in Loans to Hudson Technologies
Hudson Technologies, Inc., a New Jersey-based provider of refrigerant products and services to the HVAC and Refrigeration industry, has entered into a new $85 million term loan agreement with TCW Asset Management Company LLC. Hudson has also amended its existing revolving credit facility to increase the overall facility to $90 million, with TCW participating in a first-in last-out (FILO) loan of $15 million, and Wells Fargo continuing to manage the facility and providing up to another $75 million in borrowing capacity.
TCW was advised on the matter by a team from Goldberg Kohn's Commercial Finance practice consisting of partners Seth Good and Dimitri Karcazes and associates Daniel Toren and Jayne Chorpash. Read more about this transaction at Globe Newswire.