Maxim Crane Works $325 million exit facility to launch Tuesday

By Sara Rosenberg

New York, Jan. 6 - Maxim Crane Works is scheduled to hold a bank meeting on Tuesday to launch its proposed $325 million exit financing credit facility, according to a market source.

Goldman Sachs is the lead bank on the deal.

The facility consists of a $50 million revolver, a $175 million term loan and a $100 million second-lien term loan, the source said.

Maxim is a Pittsburgh-based crane rental company.

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