SUPERIOR, CO – March 11, 2020 – KeyBank Specialty Finance Lending announced it has closed a $50 million revolving credit facility for the Oxford Finance Credit Fund I LP, a private debt fund managed by Oxford Finance LLC. Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare service companies worldwide.
“KeyBank has supported the Oxford Finance platform for more than eight years, and we are thrilled to expand our relationship with this new leverage facility,” said Rian Emmett, managing director and group head of KeyBank Specialty Finance Lending. “Oxford Finance is a premier originator and asset manager in the life sciences and healthcare space, with a marquee name within our portfolio of $4.5 billion of commitments under management.”
The new revolving credit facility will help Oxford Finance provide flexible financial solutions to fuel innovation and growth in the healthcare sector.
“Oxford Finance is pleased to have expanded its relationship with KeyBank,” said Joshua Friedman, CFO, Oxford Finance. “They have proven to be a reliable and supportive capital partner as our platform continues to grow.”
About KeyBank Specialty Finance Lending
KeyBank Specialty Finance Lending is a business unit of KeyBank National Association and provides structured debt facilities for targeted segments within the specialty lending marketplace. For more information, visit keyequipmentfinance.com/business/specialty-finance
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $145.0 billion at December 31, 2019. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,100 branches and more than 1,400 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/
. KeyBank is Member FDIC.
About Oxford Finance LLC
Oxford Finance is a specialty finance firm providing senior secured loans to public and private life sciences and healthcare services companies worldwide. For over 20 years, Oxford has delivered flexible financing solutions to its clients, enabling these companies to maximize their equity by leveraging their assets. In recent years, Oxford has originated over $6 billion in loans, with lines of credit ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with additional offices in San Diego, Calif.; Palo Alto, Calif.; and the greater Boston and New York City areas. For more information, visit (http://oxfordfinance.com/