Daily News: June 7, 2013

Natixis Agents Garrison Capital Facility Expansion

Garrison Capital announced that its wholly-owned subsidiary, Garrison Funding 2012-1 LLC, entered into an agreement to increase the size of its credit facility with a lender group led by Natixis, NY Branch, as administrative agent, and Deutsche Bank Americas, as collateral agent and custodian, from $150 million to $175 million, consisting of $125 million of term loans and $50 million of revolving loans. All other terms of the credit agreement remain unchanged.

Garrison Capital is a business development company that primarily invests in loans to U.S. based middle-market companies.