Citizens Commercial Banking led a $97 million senior credit facility for Buffalo, NY-based Graphic Controls. Citizens is sole left lead arranger in the five-bank group

A Citizens client since 2004, Graphic Controls will use the credit facility to acquire CEA Medical, a Colorado Springs, CO-based manufacturer of medical devices, and to refinance debt.

Graphic Controls is a supplier of consumable products for industrial, medical and gaming markets with manufacturing operations and sales offices in the U.S., Canada and Europe.

“We have been a longtime client of Citizens Bank through several transactions and we appreciate the partnership,” said Sam Heleba, president and CEO of Graphic Controls. “Jason Houseman and the whole Citizens team closed this transaction on time under an aggressive schedule, which is an example of Citizens’ commitment to its clients and to the Western New York market.”

“Graphic Controls has been a great client, and we’re very happy to be able to offer our industry expertise as well as our capital markets capabilities to help them achieve their strategic and financial goals,” said Jerry Sargent, head of Middle Market Banking at Citizens Bank.