First Horizon's (FHN) First Horizon Bank led a syndication to provide Standard Premium Finance with a revolving credit facility of up to $115 million, Standard Premium said Tuesday.
The company said the syndication includes participation from Cadence Bank (CADE) and Flagstar Financial's (FLG) Flagstar Bank.
The syndicated credit facility includes an initial commitment of $75 million and a $40 million accordion feature, Standard Premium said.
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