GE Capital is Co-Collateral Agent in $100 Million Exit Financing

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GE Capital
GE
, Restructuring Finance today announced it is co-collateral agent in a $100 million plan of reorganization credit facility to Neenah Enterprises, Inc. The loan supports the company’s pre-packaged exit from bankruptcy protection. GE Capital Markets served as joint lead arranger. Established in 1872 and headquartered in Neenah, WI, Neenah Enterprises, Inc., is a leading supplier of iron castings such as manhole covers and storm grates. The company operates 7 manufacturing facilities serving municipal and industrial customers throughout the U.S.
Posted In: NewsMarketsIndustrial ConglomeratesIndustrials
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