In October, SC Fuels secured a $200 million amended and restated credit facility jointly financed by Stradling client US Bank and Comerica Bank. US Bank acted as a participant lender in the transaction, with Comerica acting as an administrative agent and lead arranger. Read the press release.
SC Fuels is a leading distributor of gasoline and diesel products in the Western United States.
Newport Beach-based Kyle Leingang represented US Bank in this transaction.