O2 Sponsor Finance provides senior secured credit facilities to support Prospect Partners' recapitalization of Blackwood Solutions

Sep. 19, 2022 9:17 AM ETOld Second Bancorp, Inc. (OSBC)By: Deepa Sarvaiya, SA News Editor
  • O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC) has provided senior secured credit facilities to support Prospect Partners' recapitalization, with management, of Blackwood Solutions & its related entities.
  • Blackwood is a leading electric utility services provider offering specialty transportation, logistics management, recycling, and disposal services in over 20 states.
  • "We are excited that Prospect Partners selected O2 Sponsor Finance as senior lender to support their recapitalization of Blackwood. Blackwood has a unique service offering that creates deep relationships with its utility customers. We look forward to supporting Blackwood's ongoing growth." said Nick O'Brien, Vice President, O2 Sponsor Finance.

  • Press Release

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.