Alternative lenders Ares Management and GE Capital have made €1 billion in commitments by their joint venture, the European Senior Secured Loan Programme (ESSLP), according to a statement.
The latest commitment, the first upsized debt package provided by the programme, comprises a £120 million ($193.1 million; €153.3 million) refinancing of Notemachine, an operator of ATM machines across the UK and Germany.
