GA Telesis has closed a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to overwhelming interest from existing and new banks, however, the company upsized the facility with better terms than its previous credit facility. The facility comprises seven global, super-regional, and regional banks with HSBC Bank USA as administrative agent. The facility is a refinancing of an existing $150 million ABL facility led by HSBC, which was set to expire in 2018. The new facility has

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