Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, closed a senior secured term loan facility with Pennex Aluminum, a manufacturer of aluminum products._x000D_
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Great Rock Capital served as the term loan agent and partnered with the revolver agent, Bank of Montreal (BMO), to create a flexible financing structure that will maximize the firm’s liquidity._x000D_
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“Unwaveringly committed to serving the needs of our customers and investors, Pennex is excited to strengthen its relationship with a respected and trusted business partner like Great Rock Capital as we continue to grow and evolve as an organization,” Matt Rohm, CEO of MX, the parent company of Penne, said._x000D_
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“Pennex has built an industry-leading platform centered around integrity, innovation, and superior customer service,” Stuart Armstrong, CEO of Great Rock Capital, said. “We are pleased to partner with BMO and provide the company with additional liquidity to support the continued growth of their business.”
Forward for Specialty Finance
