Mr. Pappas is a Managing Director/Team Leader and Heads up the ABL Metals vertical within BMO Harris Bank (“BMO Harris” or “BMO”). Mr. Pappas is responsible for leading a team of twelve (12) individuals focused on sourcing, structuring, negotiating, closing and managing senior secured credit facilities as part of a corporate finance solution, primarily for Metals Companies throughout the USA. Mr. Pappas is responsible for over 65 accounts and $3.5 billion in commitments.
Prior to BMO Harris, Mr. Pappas spent 5 years with MFC Capital Funding as a Managing Director/Principal where, as a team leader, was responsible for sourcing, negotiating, documenting, closing and managing senior debt investments primarily for private equity based deals. Prior to MFC, Mr. Pappas spent 14 years with Bank of America and predecessor companies, primarily focused in new business development within the metals/industrials sector. Mr. Pappas has been responsible for sourcing and funding over $6 billion in commitments over his 20+ year banking career. Mr. Pappas graduated from Loyola University of Chicago with a B.A. in Accounting, and from New York University with an M.B.A. in Finance.
Mr. Pappas has spoken as a metals industry expert for Steel Success Strategies and American Metal Market (AMM), Institute of Scrap Recycling Industries (ISRI), and S&P Global Platts Steel North American Steel Conference, and has been a sponsor for the Metal Service Center Institute (MSCI), Steel Summit and other metal conferences in the US. Through the ABL Metals Team efforts, BMO Harris was awarded the “Financial Service Provider of the Year” award by the American Metals Market for both 2016 and 2017, and was awarded by S&P Global Platts – Global Metals Awards the “Financial Metals Service Provider of the Year” award in 2018.
BMO Harris is a subsidiary of BMO Financial Group, the 8th largest North American financial institution with approximately $700 billion in assets. BMO Harris has been a long-standing capital provider in the Metals space, including the steel and aluminum mills, metal service centers, wire rod, scrap metal recyclers, importers, trading companies and metal fabricators. BMO can provide Commercial Banking services for companies of all sizes with Senior Credit Facilities ranging from $15 million to $1 billion with the purpose being to support acquisitions, leveraged buyouts, recapitalizations, refinancings, turnarounds, and seasonal or growth working capital requirements.