Deal Details
Hudson Technologies Completes Debt Refinancing
Summary
Hudson Technologies, Inc. (the “Company”) (NASDAQ: HDSN), has entered into a new term loan agreement with TCW Asset Management Company LLC (“TCW”) and increased its existing revolving credit facility with Wells Fargo. TCW is participating in the revolving credit facility via a first-in last-out (FILO) tranche. The refinancing improves the Company’s cost of capital and further strengthens its liquidity.
Baird served as the exclusive debt advisor on this offering.
About
Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services to the Heating Ventilation Air Conditioning and Refrigeration industry. The Company's products and services are primarily used in commercial air conditioning, industrial processing, and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide® Services performed at a customer's site, consisting of system decontamination to remove moisture, oils and other contaminants. Hudson Technologies, Inc. is headquartered in Woodcliff Lake, New Jersey.CONTACT US TO LEARN MORE
- Date
- March 2022
- Company
- Hudson Technologies, Inc.
- Transaction
- Private Capital Markets
- Sectors
- Technology & Services
- Verticals
-
Facility, Industrial, Residential & Environmental Services
- Target Geography
- North America
Share
