Daily News: December 27, 2012

ING Increases Monroe Syndicated Facility to $65 Million


Monroe Capital Corporation announced that current loan commitments on its syndicated credit facility led by ING Capital have increased by $10 million to $65 million. The company’s revolving credit facility can expand up to a total of $100 million in commitments pursuant to an accordion feature.

Monroe Capital Corporation is a management investment company.

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

ING Capital is an indirect U.S. subsidiary of ING Bank NV, which is part of the global financial services company ING Group.