Silver Point Capital, a global company in credit investing, through its direct lending business, has served as a joint lead arranger in the $450 million secured term loan financing supporting the acquisition of Goodyear Chemical, a producer of synthetic rubber, by Gemspring Capital Management.
“The Silver Point team is pleased to partner once again with Gemspring and deliver a customized financing solution that supports the next chapter of growth and innovation for Goodyear Chemical as a standalone business, building on its existing industry leadership,” Anthony DiNello, head of direct lending at Silver Point Capital, said.
