News Release
October 26, 2018
Croft & Bender Serves as Financial Advisor to Mountain Express Oil on its Debt Recapitalization Led by IBERIABANK
has completed a debt recapitalization with a syndicate led by
Mountain Express Oil is a leading distributor of fuels, lubricants and other non-fuel products.
About
Mountain Express Oil is a leading distributor of fuels, lubricants and other non-fuel products.
Situation
Mountain Express Oil engaged Croft & Bender to evaluate various strategic alternatives. Croft & Bender identified various investors and lenders, prepared an executive summary and related materials, marketed the Company, helped select a capital provider, and negotiated the transaction.
Result
Croft & Bender successfully negotiated a debt recapitalization with a syndicated group led by IBERIABANK.