BMO Harris Bank’s Sponsor Finance group announced it is administrative agent, sole lead arranger and sole bookrunner for $65.4 million in senior credit facilities to Bloomer Plastics, Inc., a Huron Capital Partners portfolio company.
Bloomer Plastics is a manufacturer of cast extruded plastic films for use in high performance industrial, medical, and consumer applications, with products custom-engineered for specific customer needs and to support a variety of material blends, colors, sizes, gauges and emboss patterns. Proceeds were used to refinance the existing facility and provide for the acquisition of Optimum Plastics.
BMO Harris Bank's Sponsor Finance group combines proven middle-market lending expertise with the committed resources of a leading global investment bank. The results for our private equity clients and their portfolio companies are comprehensive financing solutions consistently delivered across a wide range of deal sizes, industries and product offerings. BMO Harris Bank® is a trade name used by BMO Harris Bank N.A.