Great Rock Capital upsized its leverage facility with KeyBank. The upsized facility includes the addition of new partners Huntington National Bank, First Foundation Bank and Hitachi Capital America.
“In executing the plan to increase the credit facility and expand the bank group, the specialty finance lending group at KeyBank is pleased to further develop the relationship and provide the business with the debt capital necessary to support the continued growth of the portfolio,” Chris Tucker, managing director of KeyBank Specialty Finance Lending, said. “Based on the strength and experience of the management team, we look forward to building on the strong foundation established over the past several years.”
“We are pleased to expand our relationship with KeyBank and welcome our new partners Huntington, First Foundation and Hitachi,” Stuart Armstrong, CEO of Great Rock Capital, said. “This upsized facility significantly expands our capital base and provides Great Rock with the runway to continue growing our platform.”