Daily News: November 12, 2012

ING Capital Expands Monroe Facility to $55MM


Monroe Capital Corporation announced that loan commitments on its syndicated credit facility, led by ING Capital, increased by $30 million to $55 million and added four new lenders have joined the facility.

“We are very pleased that we could upsize our credit facility so quickly after our initial public offering,” Theodore L. Koenig, Monroe Capital president and CEO, said. “We look forward to continuing to create value for our shareholders.”

Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada.