Akin Gump Strauss Hauer & Feld LLP and DLA Piper advised on Crestline’s $50 million financing of Kreg Therapeutics.
Crestline Direct Finance, L.P. provided $50 million in senior secured credit facilities to Kreg Therapeutics LLC and Kreg Medical Inc., a portfolio company of Milton Street Capital, LLC. The financing comprised a $45 million term loan facility and a $5 million revolving credit facility, with proceeds to be used to refinance existing indebtedness and provide growth capital.
Akin Gump Strauss Hauer & Feld LLP advised Crestline Direct Finance, L.P. in connection with the financing.
The Akin team was led by Finance Partner Chad Nichols, with Finance Counsel Gerry Griffith II and Associates Mickayla Carey and Katherine Wisniewski.
DLA Piper LLP served as legal counsel to Kreg Therapeutics.
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