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Great Rock Capital Provides $25MM of Liquidity to Sponsor-Owned Pet Supply Company

Date: Jul 23, 2024 @ 07:35 AM
Filed Under: Consumer Products

Great Rock Capital provided $25 million of liquidity through a senior secured credit facility to Phillips Pet Food & Supplies.  The facility was used to refinance existing indebtedness and will provide financial flexibility to support the company’s future growth.  Phillips is a portfolio company of Axar Capital.

Wingspire Capital served as the lead agent for the overall $110 million senior secured credit facility.

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