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Vedder Thinking | News Vedder Price Represents Wintrust Commercial Finance in $90 Million Term Loan for Transportation Company Customer

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Vedder Price is pleased to announce that it represented Wintrust Commercial Finance as lead arranger on a $90 million term loan facility for a national transportation and logistics company. Proceeds from the facility, which includes a $40 million accordion feature, will be used to finance rolling stock to expand and grow the company’s fleet.

The Vedder Price team included Shareholder Edward K. Gross and Associate Erich Dylus, both of the Global Transportation Finance Group, and Shareholder Marc L. Klyman, of the Capital Markets Group.

“We appreciate having had the opportunity to assist Wintrust Commercial Finance with the various aspects of this facility,” said Mr. Gross. “Our team worked collaboratively with theirs to structure, document, coordinate and close the transaction, and ultimately to achieve the parties’ various objectives.”

Wintrust Commercial Finance is a division of Wintrust Asset Finance Inc.



Professionals



Erich P. Dylus

Associate



Edward K. Gross

Shareholder



Marc L. Klyman

Shareholder