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Great Rock Capital Closes Corporate Note Financing

September 14, 2023, 07:46 AM
Filed Under: Industry News

Great Rock Capital announced the successful closing of an investment-grade corporate note financing. The funds from the transaction will be used to support the ongoing growth and success of the firm. The notes were assigned a BBB rating by a nationally recognized statistical ratings organization, and Brean Capital, LLC served as the exclusive financial advisor and sole placement agent.

"The expansion of our capital base will position the firm to execute on its strategic growth initiatives," said Stuart Armstrong, CEO of Great Rock Capital. "The quick completion of this capital raise, in a turbulent market, is a testament to the strong foundation and continuous growth of our platform."

"As Great Rock continues its profitable growth, this capital injection strengthens our financial flexibility and capacity to support middle market companies in need of liquidity," said Brett Goodwin, CFO of Great Rock Capital. "We look forward to working with our new institutional investors, as this additional capital will allow us to achieve new business milestones."

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