It was clear from the start that PNC understood our needs by delivering a proposal that provided clarity on terms, structure and duration. The speed and quality of response was impressive and ultimately our decision was very straightforward. The time that PNC, at all levels of the organisation, invested in making sure they understood and were aligned to our ambitions was very evident and this underlined to us a desire to build a long-term partnership. Refinancing an ABL facility is never straightforward but throughout the process the team at PNC kept us informed, maintained a pragmatic approach throughout and ultimately delivered a facility that remained true to the initial proposal.
*A portion of the funding provided by Steel City Capital Funding, a division of PNC Bank. Steel City Capital Funding provides Cash flow-based senior debt, junior secured and second lien loans for sponsored and non-sponsored transactions.
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