Dechert Advises Blue Torch in Providing $120 Million Term Loan Facility to American Zinc Recycling
March 17, 2021
Dechert advised Blue Torch Finance LLC in providing a new senior secured term loan credit facility to American Zinc Recycling Corp. The Blue Torch loan is secured by a first lien on all the assets of American Zinc Recycling and its subsidiaries and matures in 2024.
American Zinc Recycling LLC is the leading provider of environmental services to the U.S. steel industry. Headquartered in Pittsburgh, Pa., American Zinc Recycling LLC through its operating subsidiaries employs approximately 700 people and has six state-of-the-art facilities throughout the U.S.
The Dechert team includes corporate partner Jay Alicandri, associates Sean Rosenthal and Leila Malek, and special counsel Francois Quintard-Morenas; environmental partner Abbi Cohen; tax partner Ari Zak, and associates Andy Lau and Reuven Rosen; employee benefits partner Andrew Oringer and associate Andrew Braid; intellectual property partner Thomas Rayski and associate Noah Shier; regulatory partner Darshak Dholakia; and labor counsel Ian Downes.
About Dechert
Dechert is a leading global law firm with 25 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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