LBC Credit Partners (“LBC”) agented a $42.5 million senior secured term loan to support the recapitalization of Senco Brands, Inc. (“Senco” or “the Company”), a Wynnchurch Capital portfolio company. Proceeds from the transaction were used to finance the Company’s continued growth and a special one-time distribution to the Company’s shareholders.
LBC Credit Partners was Sole Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.
Senco is a leading designer, manufacturer and marketer of branded fastening tools and collated staples, nails and screws. (…)
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