Daily News: February 6, 2018

Monroe Agents $45MM Credit Facility for Tech Company

Monroe Capital acted as sole lead arranger and administrative agent on a $45 million senior credit facility for a technology maintenance company. The funding will be used to refinance an existing debt facility and to support future growth.

The U.S.-based company is a provider of maintenance services to financial institutions and retailers in North America. The company’s network consists of more than 800 customer service engineers providing support and maintenance.