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A-Mark closes new $350 million three-year revolving credit facility
Chicago, Dec. 21 – A-Mark Precious Metals, Inc. closed a new $350 million committed revolving credit facility with a three-year tenor, according to a press release.
CIBC Bank USA led the transaction as joint lead arranger and is also the administrative agent.
The maturity date for the credit facility is Dec. 20, 2024, and the transaction closed on Tuesday.
The company said that it added a number of new lenders and reduced the interest rate.
More details will be filed with the Securities and Exchange Commission on Dec. 27.
A-Mark is a precious metals dealer based in Santa Monica, Calif.
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