Daily News: December 6, 2012

StoneCastle Agents $50MM Facility for Veritas Financial

StoneCastle Securities, a provider of private equity and debt capital placement services, announced that it was the exclusive placement agent in securing a $50 million line of credit for Veritas Financial Partners.

Veritas will utilize the proceeds from the credit facility to continue expanding its small business lending portfolio. Terms of the transaction have not been disclosed.

Veritas Financial Partners is a national financial services firm that provides senior secured loans to middle-market businesses.

StoneCastle Securities, a subsidiary of StoneCastle Partners, provides clients access to third-party private equity and debt capital.

Previously on abfjournal.com:

Goldman Sachs Affiliate Provides Veritas With $50MM Facility, Wednesday, November 28, 2012