January 26, 2022
People's United Bank Provides Mortgage Financing for Atlantis Management Group | PR Newswire
BRIDGEPORT, Conn., Jan. 26, 2022 /PRNewswire/ -- People's United Bank, N.A. (NASDAQ: PBCT), announced that it served as Lead Arranger and Administrative agent for a credit facility for Atlantis Management Group, a Mt. Vernon, New York headquartered motor fuel distributor and owner and operator of a large network of gasoline service stations, quick serve restaurants and convenience store sites. The facility will be used to support the continued growth of the company, including the funding of new acquisitions.
\"We are thrilled to continue and expand our longstanding relationship with Atlantis to provide them with additional capital and expertise in support of their efforts to expand their company,\" said Kevin Dolan, SVP, Commercial Banking, People's United Bank. Added Ken Jamison, SVP of Loan Syndications at People's United: \"Companies demand a lending partner who can deliver flexible, industry-focused solutions and a personalized approach to service, and we look forward to supporting future growth plans for Atlantis Management.\"