Great American Capital, a partnership majority owned by GA Group and funds managed by Oaktree, participated in a new $600 million asset-based lending facility for a multi-channel retail and media company, arranged in connection with the company’s successful completion of a financial restructuring process.
“This transaction demonstrates [Great American Capital’s] ability to participate alongside best-in-class partners in complex, large-scale asset-based financing solutions,” Eran Cohen, president and chief investment officer of Great American Capital, said. “We are pleased to provide additional liquidity and financial flexibility that will support the company’s continued growth.”
