Opus Bank is pleased to announce it provided:

Title: Kishigo Manufacturing Company
Amount: $0
Month: January
Year: 2015

Kishigo Manufacturing Company

Opus Bank’s Corporate Finance division provides senior debt financing to ML Kishigo Manufacturing Company LLC

Overview of Transaction

  • ML Kishigo Manufacturing Company LLC (“ML Kishigo”) is a leading manufacturer of industrial safety garments.
  • Known for quality, expertise, and innovation, ML Kishigo is widely recognized as a leader in the design, manufacture, and supply of high quality safety wear.
  • Opus Bank provided a revolving line of credit for working capital and term financing to support a management buyout.

Significance of Transaction

  • Opus Bank provided term financing that enabled the president of ML Kishigo, who had served with ML Kishigo for 20 years, to acquire a controlling interest in the company.
  • Opus Bank provided a revolving line of credit to support the company’s working capital needs and future growth.

Opus Bank's Role

  • Opus Bank worked with ML Kishigo’s executive management to gain an understanding of the company’s business, and then put in place a capital structure that met the goals of both the company and the new controlling shareholder.

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