Daily News: July 16, 2014

Golub Capital Arranges ILC Refinancing

Golub Capital announced that as joint lead arranger, joint bookrunner and administrative agent, it provided a $330 million senior credit facility to support the refinancing of ILC Industries, a portfolio company of Behrman Capital.

“With their strong market leadership, mission critical products, sole-sourced position on key platforms and excellent management team, ILC Industries is well positioned to capitalize on the attractive opportunities in the military and commercial markets,” stated Andrew Steuerman, head of Middle Market Lending at Golub Capital. “We are excited to partner with this exceptional company and sponsor.”

ILC Industries is a manufacturer for the military and aerospace and defense end-markets, with components for nearly every aircraft, ground vehicle, and weapons systems in the U.S. military.