Encina Private Credit served as term loan lender for a management-owned company operating in the datacenter critical components manufacturing space. Encina’s $50 million first-out commitment as part of a $100 million senior secured credit facility will be used to buy out a minority equity holder as part of an equity recapitalization.
Forward for Specialty Finance
Encina Private Credit Provides $50MM First-Out Commitment for Management-Owned Company
The commitment, as part of a $100 million senior secured credit facility, will be used to buy out a minority equity holder as part of an equity recapitalization.
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