ING Leads Monroe Capital Corp. Facility Expansion
Monroe Capital Corporation announced that loan commitments on its syndicated credit facility led by ING Capital have increased to $95 million.
Theodore L. Koenig, president and chief executive officer of the company stated, “We have a large pipeline of high quality loan investment transactions that we expect to close in the coming weeks at attractive pricing and credit terms. We are seeing a significant increase in merger and acquisition transaction activity in the lower middle market.”
Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies.