Trek Client Solution

"Ease of doing business may sound like a 'nice to have,' but it's what makes prudential a valuable partner to trek"

Client:  Trek Bicycle Corporation

Client Since:  1985

Financing Purpose:  Growth Capital, R&D Facilities and Resources

Business Objective:  Beginning in 1995, Prudential worked with Trek to finance and support the company’s explosive growth. In 2010, Trek sought funding to create a world-class R&D center and additional resources so that the company could continue to design and build best-in-class products for cycling, from bikes to wheels to clothing and accessories.

Prudential Solution:  Trek’s phenomenal growth made it important for the company to have a long-term relationship with a consistent capital provider. Initially, Prudential delivered financing through Pru-Shelf. When Trek sought funding for development of its R&D facilities and resources, Prudential provided senior debtto finance these critical infrastructure needs.

Client Comment:  John Burke, CEO or Trek Bicycle Corporation

“We’ve been working with Prudential Capital for more than 15 years. As a business, we’ve had a couple of bumps along the way and Prudential has helped us through those bumps. It’s easy to be there when things are going great. It’s when things aren’t going great that you find out who you have good relationships with. Prudential always come through.”