Press Releases
Monroe Capital Provides $20.5 Million Senior Secured Credit Facility for Specialty Retailer ESOP Transaction
Chicago, IL, July 10, 2014
Monroe Capital LLC today announced the funding of a $20.5 million senior secured credit facility for a specialty retailer to finance the company’s Employee Stock Ownership Plan (“ESOP”) and provide ownership to long-time employees.
Monroe’s dedicated ESOP lending effort continues to be active as companies take advantage of the tax savings and operational improvements ESOPs offer. Monroe continues to be focused on ESOP implementation and growth capital for ESOP-owned businesses.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2013 Small Mid Market Lender of the Year and by Private Debt Investor as the 2013 Unitranche Lender of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.