Encina Provides $25MM Revolver to Government Services Company
Encina Business Credit provided a $25 million asset-based revolving credit facility to a government services company based in the Mid-Atlantic region of the U.S.
Encina Business Credit provided a $25 million asset-based revolving credit facility to a government services company based in the Mid-Atlantic region of the U.S.
Encina Capital Partners and an affiliate of certain funds managed by Oaktree Capital Management launched Encina Equipment Finance, a new independent equipment finance company.
Encina Business Credit closed a $15 million asset-based revolving credit facility to a manufacturer and service provider for the oil and gas industry.
Encina Business Credit provided a $25 million asset-based revolving credit facility to an electronic device repair company based in the Midwestern U.S.
Bloomberg reported that stalking horse bidder Gildan Activewear increased its bid to $88 million to purchase American Apparel at auction.
Encina Business Credit provided a $7 million asset-based revolving credit facility to a specialized printing company based in the Northeastern U.S.
Basic Energy Services and its debtors have successfully completed their prepackaged restructuring and recapitalization plan, and the company has emerged from Chapter 11 bankruptcy protection.
Encina Business Credit provided a $7.5 million asset-based revolver to a recreational products company based in the Midwest.
Encina Business Credit provided a $31.5 million senior secured credit facility to Katy Industries and its wholly-owned subsidiary, Continental Commercial Products.
Encina Business Credit provided a $30 million DIP facility to American Apparel. The financing, which has been approved by the bankruptcy court, will be used for working capital as the company operates under Chapter 11.