Great Rock Capital Provides $33MM of Liquidity to Sponsor-Owned Pharma Company
April 16, 2024
Source: Great Rock Capital
Capital to Support Growth Initiatives
Westport, CT – April 16, 2024 – Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $33 million of capital through a senior secured credit facility to a sponsor-owned pharmaceutical manufacturing and packaging company. The facility, which includes a revolving line of credit and a term loan, was used to refinance existing indebtedness, and will provide ongoing liquidity and financial flexibility to support the company’s future growth initiatives.
About Great Rock Capital
Great Rock Capital is an asset-focused commercial finance company that specializes in serving the needs of middle market companies across the United States and Canada. The Company provides fast, flexible, and creative financing solutions that maximize liquidity and provide growth capital. The senior secured credit facilities offered by the firm range in size from $10MM to $100MM and include working capital, term-heavy, and term-only loan structures not provided by traditional commercial lenders. The firm has significant capital commitments from its partners, a private equity business and a large institutional investor. To learn more, visit www.greatrockcapital.com.