Olshan Represents GlobalSCAPE, Inc. in $55M Secured Credit Facility and Extraordinary Dividend

Olshan client GlobalSCAPE, Inc., a worldwide leader in the secure movement and integration of data, announced that it entered into a five-year, $55 million senior secured credit facility with a syndicate of banks led by J.P. Morgan. A portion of the proceeds from the credit facility shall be used to fund a special cash dividend to GlobalSCAPE’s stockholders of $3.35 per share. Olshan attorneys leading this transaction included Claudia Dubón and Jason Saltsberg on corporate matters and Mary Grieco on intellectual property matters.