Joshua Green Financing

“We have worked with several individuals at Zachary Scott on a variety of engagements ranging from debt and equity investments to due diligence and advisory engagements. Without exception, we have found Zachary Scott to be very responsive and professional.

What sets them apart from other firms with whom we have worked is their candor in openly sharing their reasoned opinions. The team at Zachary Scott takes very seriously the engagements for which they are hired, and they do not simply provide the advice that the client wants to hear.”

Stanley McCammon, President & CEO, Joshua Green Corporation

Situation

The Joshua Green Corporation (“JGC”) is a leading Seattle-based investment company that principally focuses on long-term investments in public equities, real estate and privately held operating companies. JGC was interested in investigating the opportunity to arrange long-term, senior-debt financing. The proceeds of the financing would be deployed as patient capital investments in privately held operating companies.

ZS Role

Zachary Scott was engaged to canvas the market in a competitive process and arrange a ten-year, non-amortizing, fixed-rate financing. Zachary Scott was responsible for negotiating an arrangement with the lenders and structuring a derivative contract to lock in the interest rate over the life of the credit facility.

Results

Zachary Scott succeeded in arranging a flexible, ten-year credit structure to support JGC’s long-term investment strategy. This process, coupled with a fiercely competitive credit market for high-quality borrowers, resulted in exceptionally favorable terms for JGC.