eastwest-bank

Transaction

  • Lief Organics, LLC (“Lief” or the “Company”) is a one-stop ideation shop for research & development, product formulation and manufacturing of dietary supplements
  • Envisage acted as placement agent for a revolving credit facility and senior term loan placed with East West Bank, and for a subordinated term loan with True West Capital Partners

Issues

  • Lief principals desired a credit facility with increased flexibility
  • The Company is experiencing massive growth and management needed to increase their revolver availability to support the increased working capital necessary to meet client demand
  • The transaction had an accelerated timeline

Solution

  • Through a targeted process, Envisage identified a senior bank lender and subordinated lender interested in providing the Company with a complete financial solution
  • Took a significant role in managing and resolving due diligence issues
  • Successfully structured and negotiated the transaction within compressed timeframe