GE provides $200 million credit facility to PGW

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 Market Watch report.

Pittsburgh Glass Works supplies automotive OEM windshields, rear and side windows, sunroofs and assemblies for auto and truck manufacturers, and it supplies and distributes replacement automotive glass products for use in the aftermarket. It also provides insurance claims services through its Lynx Services subsidiary, glass management software and Internet marketing services through its GTS subsidiary, and e-business solutions through its Glaxis offering.