Today, we are happy to announce the closing of a $360 million revolving credit facility. The financing was arranged by a leading group of financial firms, underscoring strong institutional support for Hadrian’s continued growth. Morgan Stanley Senior Funding Inc. served as Lead Left Arranger and Bookrunner, with additional joint lead arrangers and bookrunners Western Alliance Bank, J. P. Morgan, First Citizens Bank, Customers Bank, HSBC Ventures USA Inc, Axos Bank, and Texas Capital Securities. Kirkland & Ellis was counsel to Hadrian on the transaction.
This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery, and related hardware needed to achieve its production goals.