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Great Rock Capital Provides $25MM Senior Term Facility to Automotive Manufacturer

February 12, 2021, 07:40 AM
Filed Under: Automotive

Great Rock Capital provided $25.0 million of liquidity through a senior secured term facility to support a Michigan-based critical sole-source supplier of automotive products. The facility was used to refinance the company's existing lender and will provide additional working capital and financial flexibility to support the Company's continued growth.

WhiteHawk Capital Partners, LP served as lead agent for the credit facility, which provided over $100.0 million of liquidity to the Company. Stuart Armstrong, CEO of Great Rock Capital said, "Our involvement in this financing demonstrates Great Rock's ability to serve as a reliable financing partner not only to our customers, but also to other prominent asset-focused lenders, such as WhiteHawk Capital Partners."

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