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Bank of America Business Capital Arranges $125MM Facility for Consolidated Container

August 14, 2012, 08:00 AM

Bank of America Business Capital recently arranged and agented a $125 million senior secured, asset-based revolving credit facility for Consolidated Container Company.

A developer and manufacturer of rigid plastic packaging solutions in North America, Consolidated Container Company was acquired by affiliates of Bain Capital Partners LLC, a global private investment firm.

Financing, provided by Bank of America Merrill Lynch’s Bank of America Business Capital group, will be used for ongoing working capital needs and to help finance strategic growth opportunities for Consolidated Container Company.

Consolidated Container Company serves a diverse customer base in the dairy, water, beverage, food, household chemical, automotive, and industrial chemical markets. CCC designs, produces, and delivers more than four billion bottles annually that touch the lives of millions of people each and every day. CCC owns and operates 59 manufacturing facilities across North America providing standard and custom packaging solutions to customers through an integrated network of facilities and technology platforms. From its state-of-the art Panella Engineering and Development Center to its team of manufacturing associates, CCC delivers high performance, cost-effective design solutions to meet even the most challenging container applications. For more information on Consolidated Container Company, visit www.cccllc.com.

Bain Capital is a global private investment firm that manages several pools of capital including private equity, venture capital, public equity, high-yield assets and mezzanine capital with approximately $60 billion in assets under management. Bain Capital has a team of over 300 professionals dedicated to investing and to supporting its portfolio companies. Since its inception in 1984, Bain Capital has made private equity investments and add-on acquisitions in over 450 companies in a variety of industries around the world.





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