GE Antares, a unit of GE Capital, has provided a $66 million senior secured credit facility to aid the acquisition of Cascade Drilling Environmental Services by private equity sponsor Snow Phipps Group. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility, GE announced today (26 February).
GE Antares pours financing into Cascade Drilling
 The $66 million senior loan will assist in the buyout of the US drilling company by private equity firm Snow Phipps. Â