Monroe Credit Advisors has inked a deal for a $23 million senior secured credit facility for Skyline Windows, a Merit Capital Partners portfolio company. Skyline is a leading manufacturer and installer of high-quality aluminum windows and window systems, primarily serving the high-rise commercial and residential market in the Northeast. Proceeds from the facility were used to refinance existing debt.
“Monroe did an excellent job advising our team on a number of potential debt structures and delivering a variety of options for us to consider. Through its managed process, the Monroe team efficiently drove interest across various structures and successfully guided the management team through the complexities of the transaction. They were also instrumental in negotiating the credit terms and driving the transaction to close,” Dan Pansing, a managing director at Merit Capital Partners, said in a statement.
Monroe Credit Advisors, the investment banking affiliate of mid-market lender, Monroe Capital, provides debt capital solutions to mid-market companies and their investors. The firm advises on structuring and arranging credit through its relationships with a range of debt providers including banks, commercial finance companies, debt investment funds and leasing companies.