September 2018

Vidalia Denim Borrows $30.0 Million for Construction and Development of State of Art Denim Mill

North America - United States | North America | United States - Louisiana

In September 2018, Vidalia Denim closed on a $30 million USDA and SBA loan transaction to fund the acquisition, construction and renovation of an existing facility in Vidalia, Louisiana, which will be the site of the most technologically advanced denim mill in the United States. Faegre Baker Daniels represented Vidalia Denim in all aspects of the financing transaction, and in negotiations with the City of Vidalia and the State of Louisiana of various economic development grants and subsidies.

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