Vedder is pleased to have represented EquipmentShare.com Inc in connection with a new $2.75 billion ABL financing agented by Wells Fargo Bank, N.A. to refinance the existing ABL facility and for other general corporate purposes.
Overview
Vedder Price advised the Export‑Import Bank of the United States (EXIM) on a landmark US$200 million financing for CesiumAstro, Inc., a leading developer of advanced satellite communications technology. The transaction combined a multi‑draw direct loan from EXIM with a revolving credit facility from J.P. Morgan, forming a coordinated public‑private financing package.
This financing supports CesiumAstro’s expansion of its U.S. manufacturing capabilities and is the largest transaction completed to date under EXIM’s “Make More in America” initiative, highlighting its strategic importance to domestic industry and national security.