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Monroe Capital Expands Syndicated Credit Facility to $95 Million

October 01, 2013, 07:44 AM
Filed Under: Lender Finance

Monroe Capital Corporation, a business development company, announced that loan commitments on its syndicated credit facility led by ING Capital LLC have increased to $95 million. Theodore L. Koenig, President and Chief Executive Officer of the Company stated, "We have a large pipeline of high quality loan investment transactions that we expect to close in the coming weeks at attractive pricing and credit terms. We are seeing a significant increase in merger and acquisition transaction activity in the lower middle market."

Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies.

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