GB Credit Partners Completes Ideal Standard Financing

GB Credit Partners announced that it has entered into an $8.3 million financing transaction with Ideal Standard International, a provider of bathroom solutions.

GB Credit Partners Participates in $42.5MM Shopko Financing

GB Credit Partners provided Shopko with $7.5 million of a $42.5 million term loan. The financing is secured by Shopko’s inventory, accounts receivable and real estate.

GB Credit Partners Provides JW Resources $15MM Facility

GB Credit Partners announced it provided a facility of approximately $15 million to JW Resources that will finance its ongoing working capital needs.

GB Credit Launches European Lending Platform

GB Credit Partners announced its first European transaction. The loan is part of a €75 million ($102 million) facility arranged by Hayfin Capital to ATU, and is part of a broader recapitalization between the company and its main creditors, including Centerbridge Partners and Goldman Sachs.

GB Credit Provides Silver Airways Facility

Victory Park Capital announced that portfolio company Silver Airways has secured a credit facility from GB Credit Partners.

GB Credit Agents $73MM Silver Airways Facility

GB Credit Partners announced it acted as administrative agent for a $73 million facility to Silver Airways supported by the company’s aircraft and other assets.

GB Credit Provides Term Loan to Diamonds Direct

GB Credit Partners announced it provided a $15 million term loan behind the senior credit facility to Diamonds Direct.

GB Credit Partners Provides Term Loan to Samuels Jewelers

GB Credit Partners announced it provided a $10 million term loan behind a senior credit facility to Samuels Jewelers. The financing is supported by a second lien on Samuels’ inventory and receivables.

GB Credit Partners, ICON Agent Green Field Energy DIP Facility

Green Field Energy Services filed a voluntary petition under Chapter 11 in Delaware. Bankruptcy court documents listed GB Credit Partners and ICON Capital as co-administrative agents and DIP lenders.

GB Merchant Partners Changes Name to GB Credit Partners

GB Merchant Partners said it will change its name to GB Credit Partners to better reflect the services it provides to its clients.