(Dallas) – Akin advised Crestline Direct Finance, L.P. in connection with the provision of $50 million in senior secured credit facilities to Kreg Therapeutics LLC and Kreg Medical Inc., a portfolio company of Milton Street Capital, LLC. The financing consisted of a $45 million term loan facility and a $5 million revolving credit facility. Proceeds from the facilities will be used to refinance existing indebtedness and provide funding for growth capital.
The Akin team was led by finance partner...
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