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GE Antares Announces Providing $101 Million Senior Credit Facility for a Leading Manufacturer of Wire, Cable, and Electronic Packaging Component Materials.

Publication: M2 Presswire
Publication Date: 29-JUN-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 June 2007-Upward Momentum: GE Antares Announces Providing $101 Million Senior Credit Facility for a Leading Manufacturer of Wire, Cable, and Electronic Packaging Component Materials(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:29062007

Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets. Activity on the NYSE market has brought this company to the attention of our research team. GE Antares Capital (NYSE:GE), is responding to the attention of investors. Our goal is to create a community of international investors who consistently and effectively capitalize on the enormous gains the small-cap Canadian and American exchanges offer.

June 28 GE Antares Capital today announced it served as administrative agent for a $101 million senior secured credit facility in the recapitalization of NEPTCO Incorporated, a portfolio company of Cornerstone Equity Investors and Nautic Partners. GE Capital Markets served as sole lead arranger and bookrunner.

The senior secured credit facility consisted of a $20 million revolving credit facility and an $81 million term loan. Proceeds were used to refinance existing senior...

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