Encina Private Credit Serves as Joint Lead Arranger for $155 Million Senior Secured Credit Facility
April 3, 2023, 08:00 AM
Norwalk, CT – March 30, 2023 – Encina Private Credit, LLC (“EPC”) is pleased to announce that it has served as joint lead arranger and joint bookrunner for a $155 million senior secured credit facility supporting a global technology focused private equity firm for the acquisition of a leading provider of cloud-based enterprise software solutions. Encina provided First Out financing in the form of a revolving line of credit, term loan, and delayed drawn term loan.
About Encina Private Credit
Headquartered in Norwalk, Encina Private Credit (EPC) is a specialty finance company that partners with direct lenders to provide enterprise value loans to private equity-sponsored borrowers. EPC provides credit solutions in the form of two primary products including: 1) First Out revolvers, term loans, & DDTL’s and 2) Pari Passu term loan and unitranche structures.
For additional information, please visit EPC’s website at https://privatecredit.encinacapital.com.