ATLANTA — April 20, 2021 — Wingspire Capital LLC (“Wingspire”) is pleased to provide a $45 million senior secured credit facility to a large private industrial mining company. The transaction included a $35 million revolving line of credit and a $10 million term loan.
“This senior secured credit facility is an example of Wingspire’s depth and breadth across industries, and our creative approach to structuring tailored solutions that meet the needs of borrowers,” said John Rosin, President & COO of Wingspire Capital.
ABOUT WINGSPIRE CAPITAL
Wingspire Capital, LLC focuses on the upper tier of the senior secured asset-backed lending market by providing revolving credit lines and term loans ranging from $20 to $200 million. The company with offices in Atlanta, Chicago and metro New York serves mid-sized public and private businesses across numerous industries including manufacturing, distribution, retail, logistics, automotive, energy, consumer products, hospitality, lender finance and business services. Wingspire’s loans are secured by assets such as accounts receivable, inventory, equipment, real estate and intellectual property. Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC), which is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock Capital Advisors LLC, together with its affiliates, is a New York based direct lending platform with approximately $27 billion of assets under management as of December 31, 2020.