Wingspire Capital agented a $110 million senior secured revolving credit facility to Phillips Pet Food & Supplies. The credit facility was used to refinance existing debt and provide enhanced liquidity as the business continues to grow and expand its brand offering.
“We enjoyed working with the leadership team at Phillips Pet Food & Supplies to structure a credit facility that provides the capital to serve the day-to-day operations as well as support future growth,” Will Bence, managing director at Wingspire Capital, said.
Houlihan Lokey served as the exclusive placement agent to Phillips Pet Food & Supplies.
