FBT Assists Lender in Restructuring Existing Syndication into Single Lender Loan Transaction

Three related entities, and their subsidiaries, each provide manufacturing that supports the automotive industry.  The Lender was previously the agent for a 5 bank syndication of the loans to the related entities.  Lender desired to make the entire loan itself, but wanted to minimize costs to the borrower group related to a number of parcels of real estate that secured the loan and were insured with title insurance.