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Home Deal Announcements

Encina Provides $75MM First Out Commitment as Revolver and Term Loan Lender

byBrianna Wilson
July 30, 2024
in Deal Announcements

Encina Private Credit (EPC) served as revolver and term loan lender for a sponsor owned portfolio company operating in the automotive services industry. EPC’s $75 million first out commitment augmented the existing unitranche lender’s $300 million senior secured credit facility and will be used for M&A and general working capital purposes.

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