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SELECTED TRANSACTION DETAILS
GE Capital to Provide $175MM ABL in Signature Group’s Acquisition of GRSA
Monday, October 20, 2014

Lenders/Participants GE Capital [Lender]
Structure Asset-Based Facility
Amount $175.000 Million
Borrower(s) Signature Group Holdings
Description Signature Group Holdings has entered into a definitive stock purchase agreement to acquire the Global Recycling and Specification Alloys ("GRSA") business of privately-held Aleris Corporation for $525 million. The Board of Directors of Signature unanimously approved the proposed transaction. General Electric Capital Corporation will provide a$175 million asset-based lending facility to finance the growth of the company.
Industry Recycling
Related Tags Ge Capital




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