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Akin Advises Crestline on $50 Million Senior Secured Credit Facilities for Kreg Therapeutics and Kreg Medical

August 25, 2026

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(Dallas) – Akin advised Crestline Direct Finance, L.P. in connection with the provision of $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 consisted of a $45 million term loan facility and a $5 million revolving credit facility. Proceeds from the facilities will be used to refinance existing indebtedness and provide funding for growth capital.

The Akin team was led by finance partner Chad Nichols and included finance counsel Gerry Griffith II and associates Mickayla Carey and Katherine Wisniewski.

Akin is a leading international law firm with more than 1,100 lawyers in offices throughout the United States, Europe, Asia and the Middle East.  

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