Wingspire Capital announced it has provided $45 million in first-out secured financing to a leading provider of metal surface finishing solutions for mission-critical components.
The facility, comprised of a first-out $10 million revolver and a $35 million term loan, was structured as part of a $135 million senior secured unitranche facility. Proceeds were used to refinance existing debt and provide the company with enhanced liquidity and financial flexibility to support its continued growth.
Wingspire Capital is a provider of senior secured financing solutions to the middle market. Partnering closely with sponsors, management teams and direct lenders, Wingspire delivers flexible, creative capital structures with speed and certainty to close — helping borrowers navigate complex financing needs and capitalize on growth opportunities.