FR EA
1005-00001 · Nexford Industrial Holdings · Post-Closing
post-closing-checklist-tracker.xlsx DOCUMENT Finance & Banking
81 / 157 ← → ✕
Contract analysis Extract to table

[sheet: Summary]

FieldValue
TransactionNexford Industrial Holdings Inc. — $1,400,000,000 Senior Secured Term Loan B Refinancing and Dividend Recapitalization
BorrowerNexford Industrial Holdings Inc.
Administrative Agent / Collateral AgentCrescent Harbor Bank, N.A.
Closing DateMarch 28, 2025
C&H Matter Number1005-00001
Billing CodeIBL-NIH-2025-031
Responsible PartnerClaudia Merritt
Billing PartnerIan Blackwood
Tracker Maintained BySophie Tremblay
Tracker DateMarch 31, 2025
Post-Closing Deadline (Mortgages & Title Policies)April 30, 2025
Governing LawState of New York
Borrower's CounselCalderwood & Harkness LLP, 425 Lexington Avenue, New York, NY 10017
Arranger's / Agent's CounselWhitfield & Gage LLP, 51 West 52nd Street, New York, NY 10019
Illinois Local CounselHargrove & Whitmore LLP, 233 South Wacker Drive, Suite 4500, Chicago, IL 60606
Delaware Local CounselBriarcliff Legal Group PA, 1000 North King Street, Wilmington, DE 19801
Title Insurance UnderwriterLandmark Title Assurance Company
Existing Lender Agent (Refinanced)Atlas Meridian Bank, N.A.
Total Post-Closing Items37
Items Completed22
Items Pending8
Items In Progress7

[sheet: Tracker]

Item #CategoryDeliverable DescriptionObligor / Responsible PartyC&H Responsible AttorneyCounterparty / RecipientFiling / Recording JurisdictionDebtor / Grantor EntityDeadlineStatusDate CompletedFiling / Recording NumberNotes
1UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Industrial Holdings Inc.Calderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford Industrial Holdings Inc. (DE File No. 5765432; EIN 36-4178552)2025-03-31Completed2025-03-31Filed March 31, 2025; terminates all UCC-1 financing statements in favor of Atlas Meridian Bank, N.A. against Nexford
2UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Granite Peak NIH Holdings, LLCCalderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Granite Peak NIH Holdings, LLC (DE File No. 7234891; EIN 85-3291047)2025-03-31Completed2025-03-31Filed March 31, 2025
3UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Precision Components, Inc.Calderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford Precision Components, Inc.2025-03-31Completed2025-03-31Filed March 31, 2025
4UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Engineered Systems, LLCCalderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford Engineered Systems, LLC2025-03-31Completed2025-03-31Filed March 31, 2025
5UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Coatings & Surface Technologies, Inc.Calderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford Coatings & Surface Technologies, Inc.2025-03-31Completed2025-03-31Filed March 31, 2025
6UCC-3 Termination FilingsUCC-3 Termination Statement — Illinois Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Manufacturing Services, LLCCalderwood & Harkness LLPSophie TremblayIllinois Secretary of StateIllinois (Secretary of State)Nexford Manufacturing Services, LLC2025-03-31Completed2025-03-31Filed March 31, 2025
7UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford Properties, LLCCalderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford Properties, LLC2025-03-31Completed2025-03-31Filed March 31, 2025
8UCC-3 Termination FilingsUCC-3 Termination Statement — Delaware Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Nexford International Holdings, Inc.Calderwood & Harkness LLPSophie TremblayDelaware Secretary of StateDelaware (Secretary of State)Nexford International Holdings, Inc.2025-03-31Completed2025-03-31Filed March 31, 2025
9UCC-3 Termination FilingsUCC-3 Termination Statement — Pennsylvania Department of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Clearfield Tool & Die, Inc.Calderwood & Harkness LLPSophie TremblayPennsylvania Department of StatePennsylvania (Department of State)Clearfield Tool & Die, Inc.2025-03-31Completed2025-03-31Filed March 31, 2025
10UCC-3 Termination FilingsUCC-3 Termination Statement — South Carolina Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Summit Industrial Fabrication Co.Calderwood & Harkness LLPSophie TremblaySouth Carolina Secretary of StateSouth Carolina (Secretary of State)Summit Industrial Fabrication Co.2025-03-31In ProgressFiling submitted; awaiting confirmation from SC Secretary of State
11UCC-3 Termination FilingsUCC-3 Termination Statement — Texas Secretary of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Ridgepoint Specialty Coatings, LLCCalderwood & Harkness LLPSophie TremblayTexas Secretary of StateTexas (Secretary of State)Ridgepoint Specialty Coatings, LLC2025-03-31In ProgressFiling submitted; awaiting confirmation from TX Secretary of State
12UCC-3 Termination FilingsUCC-3 Termination Statement — Michigan Department of State — terminating Atlas Meridian Bank, N.A. UCC-1 filed against Lakeshore Precision Engineering, Inc.Calderwood & Harkness LLPSophie TremblayMichigan Department of StateMichigan (Department of State)Lakeshore Precision Engineering, Inc.2025-03-31In ProgressFiling submitted; awaiting confirmation from MI Department of State
13Mortgage RecordingsMortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing — 1400 Industrial Parkway, Schaumburg, IL 60173 (Corporate HQ and primary manufacturing facility; appraised value: $85,000,000)Nexford Properties, LLC / Nexford Industrial Holdings Inc.Sophie Tremblay / Marcus LeungCrescent Harbor Bank, N.A. (Collateral Agent)Cook County, ILNexford Industrial Holdings Inc. / Nexford Properties, LLC2025-04-30In ProgressMortgage prepared by C&H with input from Hargrove & Whitmore LLP (Robert Kimura); cover letter and filing instructions being finalized; mortgage recording tax analysis per Sylvia Hartwell tax memo
14Mortgage RecordingsMortgage — 2750 Commerce Drive, Rockford, IL 61101 (Precision Components plant; appraised value: $42,000,000)Nexford Properties, LLC / Nexford Precision Components, Inc.Sophie Tremblay / Marcus LeungCrescent Harbor Bank, N.A. (Collateral Agent)Winnebago County, ILNexford Precision Components, Inc. / Nexford Properties, LLC2025-04-30In ProgressMortgage prepared by C&H with input from Hargrove & Whitmore LLP; cover letter and filing instructions being finalized
15Mortgage RecordingsMortgage — 600 Manufacturers Row, Greenville, SC 29607 (Engineered Systems plant; appraised value: $38,000,000)Summit Industrial Fabrication Co. / Nexford Engineered Systems, LLCSophie Tremblay / Marcus LeungCrescent Harbor Bank, N.A. (Collateral Agent)Greenville County, SCNexford Engineered Systems, LLC / Summit Industrial Fabrication Co.2025-04-30PendingMortgage draft under review; to be recorded in Greenville County, SC
16Mortgage RecordingsMortgage — 9100 Westpark Industrial Boulevard, Houston, TX 77063 (Coatings facility; appraised value: $28,000,000)Ridgepoint Specialty Coatings, LLC / Nexford Coatings & Surface Technologies, Inc.Sophie Tremblay / Marcus LeungCrescent Harbor Bank, N.A. (Collateral Agent)Harris County, TXNexford Coatings & Surface Technologies, Inc. / Ridgepoint Specialty Coatings, LLC2025-04-30PendingMortgage draft under review; to be recorded in Harris County, TX
17Title Insurance PoliciesLender's title insurance policy — 1400 Industrial Parkway, Schaumburg, IL 60173 (appraised value: $85,000,000)Landmark Title Assurance CompanySophie TremblayCrescent Harbor Bank, N.A. (Collateral Agent)Cook County, ILNexford Industrial Holdings Inc. / Nexford Properties, LLC2025-04-30In ProgressTitle commitment received from Landmark Title Assurance Company; C&H reviewing requirements and exceptions per title insurance commitment review memo; endorsements being requested
18Title Insurance PoliciesLender's title insurance policy — 2750 Commerce Drive, Rockford, IL 61101 (appraised value: $42,000,000)Landmark Title Assurance CompanySophie TremblayCrescent Harbor Bank, N.A. (Collateral Agent)Winnebago County, ILNexford Precision Components, Inc. / Nexford Properties, LLC2025-04-30In ProgressTitle commitment received; under review
19Title Insurance PoliciesLender's title insurance policy — 600 Manufacturers Row, Greenville, SC 29607 (appraised value: $38,000,000)Landmark Title Assurance CompanySophie TremblayCrescent Harbor Bank, N.A. (Collateral Agent)Greenville County, SCNexford Engineered Systems, LLC2025-04-30PendingAwaiting title commitment from Landmark Title Assurance Company
20Title Insurance PoliciesLender's title insurance policy — 9100 Westpark Industrial Boulevard, Houston, TX 77063 (appraised value: $28,000,000)Landmark Title Assurance CompanySophie TremblayCrescent Harbor Bank, N.A. (Collateral Agent)Harris County, TXNexford Coatings & Surface Technologies, Inc. / Ridgepoint Specialty Coatings, LLC2025-04-30PendingAwaiting title commitment from Landmark Title Assurance Company
21Original Document DeliveriesDelivery of original executed Credit Agreement (dated March 28, 2025) to Administrative AgentNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A., 320 Federal Street, Boston, MA 02110, Attn: Elaine PrescottN/AN/A2025-03-31Completed2025-03-31Original executed Credit Agreement among Nexford Industrial Holdings Inc. (Borrower), the Guarantors, Crescent Harbor Bank, N.A. (Administrative Agent and Collateral Agent), Ironwood Capital Markets, LLC and Northvane Securities, Inc. (Joint Lead Arrangers), and the Lenders delivered
22Original Document DeliveriesDelivery of original executed Guarantee Agreement (dated March 28, 2025) to Collateral AgentNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Executed by Granite Peak NIH Holdings, LLC and all 11 Subsidiary Guarantors
23Original Document DeliveriesDelivery of original executed Security Agreement (Personal Property) (dated March 28, 2025) to Collateral AgentNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Covers substantially all personal property of Borrower and each Guarantor
24Original Document DeliveriesDelivery of original executed Holdings Pledge Agreement (dated March 28, 2025) — Granite Peak NIH Holdings, LLC pledging 100% equity in NexfordGranite Peak NIH Holdings, LLCSophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Pledge of 100% equity interests in Nexford Industrial Holdings Inc.
25Original Document DeliveriesDelivery of original executed Borrower Pledge Agreement (dated March 28, 2025) — Nexford pledging equity in direct domestic subsidiariesNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31100% equity interests in each direct domestic subsidiary
26Original Document DeliveriesDelivery of original executed Subsidiary Pledge Agreements (dated March 28, 2025) — NPC, NES, NCST, NMS, NP LLC, NIH Intl, Clearfield, Summit, Ridgepoint, LakeshoreEach Subsidiary GuarantorSophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Ten separate pledge agreements covering equity in lower-tier subsidiaries
27Original Document DeliveriesDelivery of original executed CFC Holdco Limited Pledge Agreement (dated March 28, 2025) — Nexford International Holdings, Inc. pledging 65% voting / 100% non-voting equity in Nexford Canada Holdings ULCNexford International Holdings, Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Limited pledge per CFC holdco rules; 65% voting equity, 100% non-voting equity of NCH ULC
28Original Document DeliveriesDelivery of original executed intellectual Property Security Agreement (dated March 28, 2025)Nexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Covers all patents, trademarks, copyrights of Borrower and Guarantors
29Original Document DeliveriesDelivery of original executed Intercreditor Agreement (First Lien / Unsecured) (dated March 28, 2025)Nexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A. (First Lien Collateral Agent) and Pinnacle Trust Company (Unsecured Notes Trustee, 101 Park Avenue, New York, NY 10178)N/AN/A2025-03-31Completed2025-03-31Among Crescent Harbor Bank, N.A., Pinnacle Trust Company (trustee for $250,000,000 7.250% Senior Unsecured Notes due 2028), and Nexford
30Original Document DeliveriesDelivery of original executed Deposit Account Control Agreements (dated March 28, 2025) — accounts at Crescent Harbor Bank, N.A. and Redstone National Bank (accounts ending -4471, -4472, -6633)Nexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Control agreements for operating accounts
31Original Document DeliveriesDelivery of original executed Securities Account Control Agreements (dated March 28, 2025)Nexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31
32Original Document DeliveriesDelivery of original executed Intercompany Note (Nexford to Subsidiaries) (dated March 28, 2025), endorsed and pledged to Collateral AgentNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31
33Original Document DeliveriesDelivery of original legal opinions to Administrative Agent: (a) C&H — NY law enforceability and UCC perfection; (b) Hargrove & Whitmore LLP — Illinois law; (c) Briarcliff Legal Group PA — Delaware law entity opinionsCalderwood & Harkness LLP / Hargrove & Whitmore LLP / Briarcliff Legal Group PAMarcus LeungCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Three opinion letters delivered at closing March 28; originals delivered March 31
34Original Document DeliveriesDelivery of original executed Closing Certificate, Officer's Certificate, Secretary's Certificates (Borrower, Holdings, all Subsidiary Guarantors), Solvency Certificate, Pro Forma Compliance Certificate, and Use of Proceeds Compliance CertificateNexford Industrial Holdings Inc.Sophie TremblayCrescent Harbor Bank, N.A.N/AN/A2025-03-31Completed2025-03-31Signed by Michelle Kaplan (CFO) and David Engstrom (General Counsel & Corporate Secretary) as applicable
35Post-Closing CertificateDelivery of Post-Closing Certificate confirming delivery of recorded mortgages and lender's title insurance policies for all four mortgaged properties to Crescent Harbor Bank, N.A. as Collateral AgentNexford Industrial Holdings Inc.Marcus LeungCrescent Harbor Bank, N.A.N/AN/A2025-04-30PendingDue no later than April 30, 2025; certificate to confirm receipt of recorded mortgages and title policies for: (1) 1400 Industrial Parkway, Schaumburg, IL — $85M; (2) 2750 Commerce Drive, Rockford, IL — $42M; (3) 600 Manufacturers Row, Greenville, SC — $38M; (4) 9100 Westpark Industrial Blvd, Houston, TX — $28M; total appraised real property collateral: $193,000,000
36Closing BinderCompilation and delivery of closing binder containing all executed transaction documents, certificates, opinions, and ancillary deliverablesCalderwood & Harkness LLPSophie TremblayNexford Industrial Holdings Inc. / Crescent Harbor Bank, N.A. / Granite Peak Capital Partners, LPN/AN/A2025-04-30PendingPer closing binder index; to include all 153 document categories; copies to Whitfield & Gage LLP and Kellner Brandt & Associates LLP
37Lien Release ConfirmationConfirmation of receipt of executed Lien Release Authorization Letter from Atlas Meridian Bank, N.A. (Sandra Vickers) and verification that all liens in favor of Atlas Meridian have been releasedAtlas Meridian Bank, N.A. / Calderwood & Harkness LLPMarcus LeungNexford Industrial Holdings Inc. / Crescent Harbor Bank, N.A.All jurisdictions (DE, IL, PA, SC, TX, MI)All Loan Parties2025-04-15In ProgressLien release authorization letter executed March 27, 2025; confirming all UCC-3 terminations have been accepted and that no residual Atlas Meridian liens remain; Atlas Meridian payoff of $879,375,000 confirmed wired on March 28, 2025

[sheet: Mortgage Detail]

Property #Property AddressProperty DescriptionGrantor / Mortgagor EntityAppraised ValueAppraisal FirmRecording JurisdictionCounty Recorder ContactMortgage Document StatusC&H Drafting AttorneyLocal Counsel InputRecording Tax EstimateFiling Fee EstimateTitle Commitment ReceivedTitle InsurerTitle Policy StatusEndorsements RequestedDeadlineDate RecordedRecording Reference NumberNotes
11400 Industrial Parkway, Schaumburg, IL 60173Corporate HQ and primary manufacturing facilityNexford Industrial Holdings Inc. / Nexford Properties, LLC$85,000,000Greystone Valuation Services, Inc. (Daniel Pritchard, MAI)Cook County, ILDraft finalized; awaiting recordingMarcus Leung / Sophie TremblayHargrove & Whitmore LLP (Robert Kimura)$42,500$175YesLandmark Title Assurance CompanyCommitment under review; endorsements being requestedStandard lender endorsements2025-04-30Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing; state/local tax implications analyzed per Sylvia Hartwell memo dated March 10, 2025
22750 Commerce Drive, Rockford, IL 61101Precision Components plantNexford Precision Components, Inc. / Nexford Properties, LLC$42,000,000Greystone Valuation Services, Inc. (Daniel Pritchard, MAI)Winnebago County, ILDraft finalized; awaiting recordingMarcus Leung / Sophie TremblayHargrove & Whitmore LLP (Robert Kimura)$21,000$175YesLandmark Title Assurance CompanyCommitment under reviewStandard lender endorsements2025-04-30
3600 Manufacturers Row, Greenville, SC 29607Engineered Systems plantNexford Engineered Systems, LLC / Summit Industrial Fabrication Co.$38,000,000Greystone Valuation Services, Inc. (Daniel Pritchard, MAI)Greenville County, SCDraft under reviewMarcus Leung / Sophie TremblayN/A — C&H handling directly$12,540$25NoLandmark Title Assurance CompanyPending — commitment not yet receivedStandard lender endorsements2025-04-30
49100 Westpark Industrial Boulevard, Houston, TX 77063Coatings facilityNexford Coatings & Surface Technologies, Inc. / Ridgepoint Specialty Coatings, LLC$28,000,000Greystone Valuation Services, Inc. (Daniel Pritchard, MAI)Harris County, TXDraft under reviewMarcus Leung / Sophie TremblayN/A — C&H handling directly$0$50NoLandmark Title Assurance CompanyPending — commitment not yet receivedStandard lender endorsements2025-04-30Texas does not impose a mortgage recording tax
TOTALS$193,000,000$76,040$425

[sheet: UCC-3 Filing Detail]

Item #Debtor Entity Full Legal NameDebtor Entity TypeDebtor Jurisdiction of OrganizationFiling JurisdictionFiling OfficeSecured Party Being TerminatedOriginal UCC-1 Filing NumberUCC-3 Filing DateUCC-3 Filing Confirmation NumberStatusNotes
1Nexford Industrial Holdings Inc.CorporationDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-57654322025-03-312025-0876541Filed & ConfirmedTerminated; all liens in favor of Atlas Meridian released upon payoff at closing
2Granite Peak NIH Holdings, LLCLimited Liability CompanyDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-72348912025-03-312025-0876542Filed & Confirmed
3Nexford Precision Components, Inc.CorporationDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-58231042025-03-312025-0876543Filed & Confirmed
4Nexford Engineered Systems, LLCLimited Liability CompanyDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-58231052025-03-312025-0876544Filed & Confirmed
5Nexford Coatings & Surface Technologies, Inc.CorporationDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-58231062025-03-312025-0876545Filed & Confirmed
6Nexford Manufacturing Services, LLCLimited Liability CompanyIllinoisIllinoisIllinois Secretary of StateAtlas Meridian Bank, N.A.2019-IL44278312025-03-312025-IL0093217Filed & ConfirmedIllinois-organized entity; filed in IL
7Nexford Properties, LLCLimited Liability CompanyDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-58231072025-03-312025-0876546Filed & Confirmed
8Nexford International Holdings, Inc.CorporationDelawareDelawareDelaware Secretary of StateAtlas Meridian Bank, N.A.2019-58231082025-03-312025-0876547Filed & ConfirmedCFC Holdco
9Clearfield Tool & Die, Inc.CorporationPennsylvaniaPennsylvaniaPennsylvania Department of StateAtlas Meridian Bank, N.A.2021-PA03128762025-03-312025-PA0045123Filed & ConfirmedAcquired 2021
10Summit Industrial Fabrication Co.CorporationSouth CarolinaSouth CarolinaSouth Carolina Secretary of StateAtlas Meridian Bank, N.A.2022-SC01987432025-03-31Filed — Awaiting ConfirmationAcquired 2022; filing submitted, pending confirmation
11Ridgepoint Specialty Coatings, LLCLimited Liability CompanyTexasTexasTexas Secretary of StateAtlas Meridian Bank, N.A.2023-TX04562182025-03-31Filed — Awaiting ConfirmationAcquired 2023; filing submitted, pending confirmation
12Lakeshore Precision Engineering, Inc.CorporationMichiganMichiganMichigan Department of StateAtlas Meridian Bank, N.A.2024-MI00876542025-03-31Filed — Awaiting ConfirmationAcquired 2024; filing submitted, pending confirmation

[sheet: Key Contacts]

RoleOrganizationContact NameTitleAddressEmail PlaceholderPhone Placeholder
C&H — Responsible PartnerCalderwood & Harkness LLPClaudia MerrittPartner, Banking & Finance425 Lexington Avenue, New York, NY 10017
C&H — Lead AssociateCalderwood & Harkness LLPMarcus LeungAssociate, Banking & Finance425 Lexington Avenue, New York, NY 10017
C&H — Working Associate / Tracker MaintainerCalderwood & Harkness LLPSophie TremblayAssociate, Banking & Finance425 Lexington Avenue, New York, NY 10017
C&H — Tax SpecialistCalderwood & Harkness LLPSylvia HartwellPartner, Tax425 Lexington Avenue, New York, NY 10017
Nexford — General CounselNexford Industrial Holdings Inc.David EngstromGeneral Counsel & Corporate Secretary1400 Industrial Parkway, Schaumburg, IL 60173
Nexford — CFONexford Industrial Holdings Inc.Michelle KaplanChief Financial Officer1400 Industrial Parkway, Schaumburg, IL 60173
Nexford — VP TreasuryNexford Industrial Holdings Inc.Priya MehtaVP, Treasury & Corporate Finance1400 Industrial Parkway, Schaumburg, IL 60173
Crescent Harbor — Leveraged FinanceCrescent Harbor Bank, N.A.Elaine PrescottManaging Director, Leveraged Finance320 Federal Street, Boston, MA 02110
Crescent Harbor — Loan SyndicationCrescent Harbor Bank, N.A.Thomas NakamuraDirector, Loan Syndication320 Federal Street, Boston, MA 02110
Agent's CounselWhitfield & Gage LLPMargaret AshbyPartner, Banking & Finance51 West 52nd Street, New York, NY 10019
Agent's Counsel — AssociateWhitfield & Gage LLPJonathan FerrisAssociate, Banking & Finance51 West 52nd Street, New York, NY 10019
Sponsor's CounselKellner Brandt & Associates LLPPatricia VossPartner, Private Equity900 Third Avenue, New York, NY 10022
Sponsor — Deal Team LeadGranite Peak Capital Partners, LPRyan OstrowskiPrincipal600 Steamboat Road, Suite 300, Greenwich, CT 06830
Illinois Local CounselHargrove & Whitmore LLPRobert KimuraPartner, Corporate / Real Estate233 South Wacker Drive, Suite 4500, Chicago, IL 60606
Delaware Local CounselBriarcliff Legal Group PACatherine EllsworthPartner, Corporate1000 North King Street, Wilmington, DE 19801
Title Insurance UnderwriterLandmark Title Assurance Company
Collateral AppraiserGreystone Valuation Services, Inc.Daniel PritchardLead Appraiser, MAI1700 Market Street, Philadelphia, PA 19103
Atlas Meridian — Payoff / Lien ReleaseAtlas Meridian Bank, N.A.Sandra VickersManaging Director, Portfolio Management500 Liberty Avenue, Pittsburgh, PA 15222
Unsecured Notes TrusteePinnacle Trust Company101 Park Avenue, New York, NY 10178

[sheet: Key Dates]

DateEvent / MilestoneStatusNotes
2025-03-28Closing date — $1,400,000,000 Term Loan B funded; existing Atlas Meridian facilities repaid ($879,375,000); dividend paid to Granite Peak NIH Holdings, LLC (~$335,000,000)CompletedAll closing deliverables executed; funds wired per funds flow memorandum
2025-03-31Post-closing: original executed documents delivered to Administrative Agent; UCC-3 Termination Statements filed for Atlas Meridian liens (DE, IL, PA, SC, TX, MI)In ProgressDE, IL, PA confirmed; SC, TX, MI awaiting confirmation
2025-04-15Target: confirmation of all UCC-3 termination filings accepted; verification of complete Atlas Meridian lien releasePending
2025-04-30Post-closing deadline: delivery of recorded mortgages and lender's title insurance policies for all four mortgaged properties (Cook County IL, Winnebago County IL, Greenville County SC, Harris County TX) to Crescent Harbor Bank, N.A. as Collateral Agent; post-closing certificate duePendingTotal appraised real property collateral: $193,000,000; title insurer: Landmark Title Assurance Company
2025-04-30Closing binder compilation and distribution deadlinePendingPer closing binder index; C&H Matter No. 1005-00001
2025-06-30First quarterly amortization payment due ($3,500,000)Pending$1,400,000,000 × 1.00% ÷ 4 = $3,500,000
2032-03-28Maturity date — Term Loan BFuture7 years from closing