Great Rock Capital Upsizes Corporate Note
June 3, 2024
Source: Great Rock Capital
Fresh Capital Raise to Support Strategic Initiatives
Westport, CT – June 4, 2024 -- Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, is pleased to announce the recent upsize of its investment-grade corporate note financing. The new notes were assigned a BBB rating by a nationally recognized statistical ratings organization, where Brean Capital, LLC served as the exclusive financial advisor and sole placement agent in connection with the transaction.
“This incremental capital will help drive the further profitable expansion of the Great Rock platform,” said Stuart Armstrong, CEO of Great Rock Capital. “We appreciate the ongoing investor demand for our corporate notes as our strengthened financial flexibility will allow us to continue supporting middle market companies in need of liquidity across North America.”
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 $15MM 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.