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GE provides $200 million credit facility to Pittsburgh Glass Works

Post Time:Nov 12,2008Classify:Industry NewsView:127

GE Antares Capital today announced it served as administrative agent for a $200 million asset-based credit facility to support the acquisition of Pittsburgh Glass Works, LLC by affiliates of Kohlberg & Co. GE Capital Markets served as sole lead arranger, according to a Nov. 12 MarketWatch report."We are delighted to work with Kohlberg and its operating partners on another automotive platform, as they have an excellent history of investments in this sector," said Chet Zara, senior managing director at GE Antares, in the report. "For more than a year, we worked alongside Kohlberg as a steady partner to support their investment thesis for PGW."

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