Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of System 3 by CMI Group.
After a positive showing in August, credit managers across the U.S. are reporting a slight step back in the latest Credit Managers’ Index from the National Association of Credit Management.
According to the August report of the Credit Managers’ Index (CMI) from the National Association of Credit Management, there was no change from July’s 56.8, marking the fifth month of readings between 56 and 56.8.
The Credit Managers’ Index for February fell to 55.6, sending the CMI back to where it was in December, when the index fell to a recent low point.