Pharma Investments, Ventures & Law Weekly
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LBC Credit Partners
LBC Credit Partners Provides Bankruptcy Exit as Well as Going Private Financings
April 26th, 2009
LBC Credit Partners agented and closed a $25 million senior secured term loan used to support the acquisition, by an equity sponsor, of highly recognized branded china, tabletop and giftware manufacturer exiting bankruptcy. Also, LBC provided $30.25 million in financing to support a going-private buyout by an equity sponsor of a company engaged in the construction of structural concrete highway bridges and overpasses as well as the paving of highways and airport runways in the Southwest Region of the United States. LBC's financing included senior and junior secured term loans and an equity co-investment. LBC Credit Partners is a middle market lending...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-26)
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