Great American Capital Partners (GACP) entered into an agreement with Murray Energy to provide a $90 million senior secured FILO term loan.

Financing for the loan is being provided through funds managed by GACP. The loan was part of the company’s previously announced capital restructuring and will provide additional liquidity to the business.

“We are very pleased to work with Murray Energy and provide a financing solution that meets their capital needs and provides liquidity for the recapitalized business,” said John Ahn, president of GACP. “This transaction is another example of GACP’s interest and ability to creatively provide solutions in the energy sector.”

Founded in 1988, Murray Energy is the largest privately-owned coal company in the U.S. and produces bituminous coal primarily used in power generation.

Great American Capital Partners is a specialty finance company which originates and underwrites senior secured loans. It is a division of B. Riley Financial.