Wells Fargo Announces $64 Million Extension to The Pasha Group

As part of its focus on commercial banking, Wells Fargo & Company WFC said today it has extended $64 million in senior credit facilities to The Pasha Group, a growing and global transportation services company based in Northern California. The Wells Fargo commercial banking financing deal for The Pasha Group includes a $35 million revolver agreement, a $12 million real estate loan, a $7 million term loan, and a $10 million commitment letter for future financing. Based in Corte Madera, Calif., The Pasha Group is a third-generation, family owned and operated transportation and logistics company.