N.R. Gordon & Company, Inc.

           Liquidity Matterstm

N.R. Gordon & Company offers a broad range of value-added, peer-to-peer, financial advisory and strategy consulting services. Representing not only the client, but the client's point of view, N.R. Gordon & Company differentiates itself from other advisors.


Bank Financing

“The weakest person at the table, all too often, is the financial guy from the company.”  Attorney, major Boston law firm

All bank negotiations should be considered strategic, as invariably, each agreement with a lender becomes the precedent for the next one. When a chief financial officer’s skills are primarily accounting-centric and experience is mainly in operations, systems and controls, supplementing those skills and experience with the talent of an experienced advisor/mentor will optimize results for both the short and long term.


Transactions successfully completed:

Term loans and working capital lines of credit:

$300,000 term loan and revolving line of credit, provided to Device Technologies, Inc., by Middlesex Savings Bank

$25,000,000 revolving credit facility, provided to Centronics Data Computer Corp., by Chase Bank, as agent

$1,000,000 million revolving credit facility, provided to Case Shiller Weiss, Inc., by Eastern Bank

$300,000 term loan, provided to Campagne Associates, by Bank of New Hampshire

$1,250,000 revolving credit facility, provided to Critical Care Systems, Inc., by Fleet Bank of New Hampshire

$75,000,000 revolving credit facility, provided to Ekco Group, Inc., and its subsidiaries, by Fleet Bank of Massachusetts, as agent

$25,000,000 revolving credit facility, provided to Woodstream Corporation, by Fleet Bank of Massachusetts

$50,000,000 reducing revolving credit facility, provided by Fleet Bank of Massachusetts and Shawmut Bank, N.A., to Ekco Group, Inc.

$35,000,000 revolving credit facility, provided by Bank of New England, N.A., to Ekco Housewares, Inc.

$10,000,000 working capital facility, provided to Empire of Carolina, Inc., by First Pennsylvania Bank

 

Acquisition financing:

$87,600,000 bridge loan facility, provided by Toronto Dominion Bank, to Centronics Corporation, for the purchase of The Ekco Group, Inc.

$35,000,000 acquisition financing, provided by Bank of New England, N.A., for the acquisition of Woodstream Corporation by Ekco Group, Inc.

$10,000,000 revolving credit / term loan, provided to Frem Corporation, by Shawmut Bank, N.A.

$20,000,000 ESOP term loan, provided to the Ekco Group, Inc. Employee Stock Ownership Plan, by Shawmut Bank, N.A.

 

Trade and other lines of credit:

$300,000 equipment leasing facility, provided to Case Shiller Weiss, Inc., by Eastern Bank

$2,000,000 standby letter of credit facility, provided to Ekco Group, Inc., by Fleet Bank of Massachusetts, to collateralize executive employment agreements.

$2,000,000 standby letter of credit facility, provided by State Street Bank & Trust, to Centronics Corporation, to collateralize executive employment agreements.

$10,000,000 trade letter of credit facility, provided by State Street Bank & Trust, to Centronics Data Computer Corp.

$5,000,000 trade letter of credit facility, provided by Bank Indosuez, to Centronics Data Computer Corp.

$10,000,000 foreign exchange trading facility, provided to Centronics Data Computer Corp., by Shawmut Bank, N.A.

 

 

 


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