FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Great Rock Capital Provides Over $40MM in New Liquidity to Portfolio Companies

Date: Sep 18, 2024 @ 07:28 AM
Filed Under: Industry News

Great Rock Capital announced that during the third quarter, it has expanded the borrowing capacity for three existing portfolio companies. The new capital, totaling over $40 million, was provided through senior secured term loans, two of which were paired with an existing revolving credit facility and the third was an upsize to the current standalone term facility.

“Great Rock takes pride in building strong, long-standing partnerships with our customers,” said Stuart Armstrong, CEO of Great Rock Capital. “From the onset of our relationship, we work with the management teams of our borrowers to customize creative financing structures that will support the ongoing success of their platforms.”

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.