FitLife Brands, a provider of nutritional supplements, entered into definitive documentation to acquire Mimi’s Rock. First Citizens Bank is providing more than $16 million in financing to support the acquisition.
InterNex Capital provided a $500,000 line of credit to a management consulting and facility support services company specializing in nuclear science and disaster recovery. The five-year-old company required a lending partner to capitalize on the surge of nuclear energy projects in the market.
Celtic Capital acquired three equipment-only loans from an Illinois-based equipment lender who decided to exit the business. The three loans (totaling $1.22 million) are located in Florida, Wisconsin and Washington.
EVERTEC refinanced its existing credit facilities on Dec. 1, 2022. The new credit facilities consist of an expanded $200 million revolving credit facility and a $415 million term loan A, both of which are due on Dec. 1, 2027.
Great Rock Capital closed a $34.2 million senior secured credit facility with Blaschak Anthracite, a portfolio company of Milestone Partners. Blaschak is a producer of ultra-high-grade anthracite, a solid fossil fuel and carbon source.
Park Hotels & Resorts amended and restated its existing $901 million revolving credit facility to increase total capacity to $950 million, extend the maturity from December 2023 to December 2026, and release all collateral securing the credit.